EOSE vs. HOVR
EOSE (Eos Energy Enterprises Inc) and HOVR (New Horizon Aircraft Ltd) are both stocks. Both are in the Industrials sector — EOSE in Electrical Equipment & Parts, HOVR in Aerospace & Defense. Over the past year, EOSE returned 45.67% vs 59.85% for HOVR. At a 0.19 correlation, their price movements are largely independent.
Performance
EOSE vs. HOVR - Performance Comparison
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Returns By Period
In the year-to-date period, EOSE achieves a -47.12% return, which is significantly lower than HOVR's 48.98% return.
EOSE
- 1D
- -2.26%
- 1M
- -26.81%
- YTD
- -47.12%
- 6M
- -59.16%
- 1Y
- 45.67%
- 3Y*
- 23.72%
- 5Y*
- -21.15%
- 10Y*
- —
HOVR
- 1D
- -3.10%
- 1M
- -11.69%
- YTD
- 48.98%
- 6M
- 26.59%
- 1Y
- 59.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EOSE vs. HOVR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EOSE Eos Energy Enterprises Inc | -47.12% | 135.80% | 516.13% |
HOVR New Horizon Aircraft Ltd | 48.98% | 30.09% | -70.26% |
Correlation
The correlation between EOSE and HOVR is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jan 16, 2024 | 0.19 |
The correlation between EOSE and HOVR shifts across timeframes, from 0.19 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
EOSE:
$3.30B
HOVR:
$97.08M
EOSE:
-$1.45
HOVR:
-$0.80
EOSE:
$160.71M
HOVR:
$0.00
EOSE:
-$163.73M
HOVR:
-$57.08K
EOSE:
-$858.77M
HOVR:
-$31.06M
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Return for Risk
EOSE vs. HOVR — Risk / Return Rank
EOSE
HOVR
EOSE vs. HOVR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eos Energy Enterprises Inc (EOSE) and New Horizon Aircraft Ltd (HOVR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EOSE | HOVR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.19 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.60 | 0.87 | -0.27 |
| Martin ratioReturn relative to average drawdown | 1.16 | 1.40 | -0.24 |
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Drawdowns
EOSE vs. HOVR - Drawdown Comparison
The maximum EOSE drawdown since its inception was -97.88%, which is greater than HOVR's maximum drawdown of -93.16%. Use the drawdown chart below to compare losses from any high point for EOSE and HOVR.
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Drawdown Indicators
| EOSE | HOVR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.88% | -93.16% | -4.72% |
Max Drawdown (1Y)Largest decline over 1 year | -77.10% | -69.31% | -7.79% |
Max Drawdown (3Y)Largest decline over 3 years | -87.18% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -96.77% | — | — |
Current DrawdownCurrent decline from peak | -80.09% | -43.99% | -36.10% |
Average DrawdownAverage peak-to-trough decline | -72.37% | -63.48% | -8.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.66% | 42.91% | -3.25% |
Volatility
EOSE vs. HOVR - Volatility Comparison
The current volatility for Eos Energy Enterprises Inc (EOSE) is 31.08%, while New Horizon Aircraft Ltd (HOVR) has a volatility of 36.90%. This indicates that EOSE experiences smaller price fluctuations and is considered to be less risky than HOVR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EOSE | HOVR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.08% | 36.90% | -5.82% |
Volatility (6M)Calculated over the trailing 6-month period | 91.90% | 82.11% | +9.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 115.13% | 126.68% | -11.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 117.06% | 157.13% | -40.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 112.92% | 157.13% | -44.21% |
Dividends
EOSE vs. HOVR - Dividend Comparison
Neither EOSE nor HOVR has paid dividends to shareholders.
Financials
EOSE vs. HOVR - Financials Comparison
This section allows you to compare key financial metrics between Eos Energy Enterprises Inc and New Horizon Aircraft Ltd. 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
Frequently Asked Questions
EOSE and HOVR have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HOVR has higher volatility (36.90%) compared to EOSE (31.08%). In terms of maximum drawdown, EOSE dropped -97.88% vs HOVR's -93.16%.
HOVR currently has the higher Sharpe Ratio (0.47 vs 0.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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