AUTO.L vs. NOVT
AUTO.L (Auto Trader Group plc) and NOVT (Novanta Inc.) are both stocks. AUTO.L operates in Internet Content & Information (Communication Services), while NOVT operates in Scientific & Technical Instruments (Technology). Over the past 10 years, AUTO.L returned 2.50%/yr vs 27.23%/yr for NOVT. At a 0.16 correlation, their price movements are largely independent.
Performance
AUTO.L vs. NOVT - Performance Comparison
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Different Trading Currencies
AUTO.L is traded in GBp, while NOVT is traded in USD. To make them comparable, the NOVT values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, AUTO.L achieves a -21.11% return, which is significantly lower than NOVT's 39.31% return. Over the past 10 years, AUTO.L has underperformed NOVT with an annualized return of 2.50%, while NOVT has yielded a comparatively higher 27.23% annualized return.
AUTO.L
- 1D
- 3.35%
- 1M
- -6.18%
- YTD
- -21.11%
- 6M
- -23.96%
- 1Y
- -41.38%
- 3Y*
- -7.78%
- 5Y*
- -2.43%
- 10Y*
- 2.50%
NOVT
- 1D
- -1.10%
- 1M
- 25.95%
- YTD
- 39.31%
- 6M
- 39.63%
- 1Y
- 31.62%
- 3Y*
- -2.22%
- 5Y*
- 4.58%
- 10Y*
- 27.23%
AUTO.L vs. NOVT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AUTO.L Auto Trader Group plc | -21.11% | -25.07% | 11.27% | 41.99% | -29.20% | 25.15% | 0.64% | 32.52% | 30.75% | -12.50% |
NOVT Novanta Inc. | 39.31% | -27.66% | -7.70% | 17.75% | -13.78% | 50.57% | 29.75% | 35.04% | 33.47% | 117.51% |
Correlation
The correlation between AUTO.L and NOVT is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016 | 0.16 |
The correlation between AUTO.L and NOVT shifts across timeframes, from -0.03 (1 year) to 0.18 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AUTO.L:
£3.90B
NOVT:
$6.80B
AUTO.L:
£0.67
NOVT:
$1.41
AUTO.L:
6.88
NOVT:
116.75
AUTO.L:
0.96
NOVT:
32.56
AUTO.L:
3.23
NOVT:
6.24
AUTO.L:
9.58
NOVT:
5.18
AUTO.L:
£1.23B
NOVT:
$1.00B
AUTO.L:
£924.60M
NOVT:
$444.51M
AUTO.L:
£807.60M
NOVT:
$150.84M
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Return for Risk
AUTO.L vs. NOVT — Risk / Return Rank
AUTO.L
NOVT
AUTO.L vs. NOVT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Auto Trader Group plc (AUTO.L) and Novanta Inc. (NOVT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AUTO.L | NOVT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.24 | ||
| Sortino ratioReturn per unit of downside risk | -3.58 | ||
| Omega ratioGain probability vs. loss probability | 0.71 | 1.16 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | 1.19 | -2.04 |
| Martin ratioReturn relative to average drawdown | -1.50 | 2.51 | -4.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AUTO.L | NOVT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.58 | 0.66 | -2.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | 0.12 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | 0.71 | -0.62 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.75 | -0.52 |
Drawdowns
AUTO.L vs. NOVT - Drawdown Comparison
The maximum AUTO.L drawdown since its inception was -52.25%, which is greater than NOVT's maximum drawdown of -48.63%. Use the drawdown chart below to compare losses from any high point for AUTO.L and NOVT.
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Drawdown Indicators
| AUTO.L | NOVT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.25% | -48.63% | -3.62% |
Max Drawdown (1Y)Largest decline over 1 year | -48.20% | -26.75% | -21.45% |
Max Drawdown (3Y)Largest decline over 3 years | -52.25% | -48.63% | -3.62% |
Max Drawdown (5Y)Largest decline over 5 years | -52.25% | -48.63% | -3.62% |
Max Drawdown (10Y)Largest decline over 10 years | -52.25% | -48.63% | -3.62% |
Current DrawdownCurrent decline from peak | -48.63% | -15.13% | -33.50% |
Average DrawdownAverage peak-to-trough decline | -11.84% | -11.56% | -0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.57% | 12.64% | +14.93% |
Volatility
AUTO.L vs. NOVT - Volatility Comparison
The current volatility for Auto Trader Group plc (AUTO.L) is 13.79%, while Novanta Inc. (NOVT) has a volatility of 16.01%. This indicates that AUTO.L experiences smaller price fluctuations and is considered to be less risky than NOVT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AUTO.L | NOVT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.79% | 16.01% | -2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 22.31% | 32.21% | -9.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.08% | 48.00% | -21.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.16% | 38.72% | -12.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.25% | 38.70% | -10.45% |
Dividends
AUTO.L vs. NOVT - Dividend Comparison
AUTO.L's dividend yield for the trailing twelve months is around 2.37%, while NOVT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AUTO.L Auto Trader Group plc | 2.37% | 1.81% | 1.21% | 1.16% | 2.11% | 0.68% | 0.40% | 1.13% | 1.30% | 1.47% | 0.37% |
NOVT Novanta Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AUTO.L vs. NOVT - Financials Comparison
This section allows you to compare key financial metrics between Auto Trader Group plc and Novanta Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AUTO.L vs. NOVT - Profitability Comparison
AUTO.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Auto Trader Group plc reported a gross profit of 233.00M and revenue of 306.60M. Therefore, the gross margin over that period was 76.0%.
NOVT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Novanta Inc. reported a gross profit of 113.58M and revenue of 257.71M. Therefore, the gross margin over that period was 44.1%.
AUTO.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Auto Trader Group plc reported an operating income of 190.60M and revenue of 306.60M, resulting in an operating margin of 62.2%.
NOVT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Novanta Inc. reported an operating income of 27.54M and revenue of 257.71M, resulting in an operating margin of 10.7%.
AUTO.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Auto Trader Group plc reported a net income of 143.00M and revenue of 306.60M, resulting in a net margin of 46.6%.
NOVT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Novanta Inc. reported a net income of 21.10M and revenue of 257.71M, resulting in a net margin of 8.2%.
Frequently Asked Questions
AUTO.L and NOVT have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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