EVEX vs. NPK

Last updated Aug 1, 2026

EVEX (Eve Holding Inc) and NPK (National Presto Industries, Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 5 years, EVEX returned -25.38%/yr vs 8.66%/yr for NPK. Their 0.14 correlation means their historical movements had little consistent relationship.

Performance

EVEX vs. NPK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eve Holding Inc (EVEX) and National Presto Industries, Inc. (NPK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EVEX achieves a -41.85% return, which is significantly lower than NPK's 14.57% return.

EVEX

• 1D: -0.43%
• 1M: -10.77%
• 6M: -41.12%
• YTD: -41.85%
• 1Y: -63.29%
• 3Y*: -36.36%
• 5Y*: -25.38%
• 10Y*: —
• ALL TIME*: -23.78%

NPK

• 1D: -0.07%
• 1M: -1.45%
• 6M: -4.00%
• YTD: 14.57%
• 1Y: 28.26%
• 3Y*: 18.80%
• 5Y*: 8.66%
• 10Y*: 7.34%
• ALL TIME*: 9.08%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EVEX Eve Holding Inc	$2.23M	$2.36M	$3.11M
NPK National Presto Industries, Inc.	$9.40M	$10.14M	$14.80M

EVEX vs. NPK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EVEX Eve Holding Inc	-41.85%	-26.65%	-25.68%	1.67%	-29.27%	-3.05%
NPK National Presto Industries, Inc.	14.57%	9.58%	29.95%	23.81%	-11.79%	-8.38%

Correlation

The correlation between EVEX and NPK is 0.18, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.18
Correlation (3Y) Balances recent behavior with more history.	0.19
Correlation (5Y) Shows whether the relationship held over a longer period.	0.15
Correlation (All Time) Calculated using the full available price history since Jan 7, 2021	0.14

Fundamentals

Market Cap EVEX : $808.07M NPK : $870.10M
EPS EVEX : -$1.09 NPK : $4.49
Total Revenue (TTM) EVEX : $0.00 NPK : $518.53M
Gross Profit (TTM) EVEX : -$741.00K NPK : $79.31M
EBITDA (TTM) EVEX : -$170.99M NPK : $45.82M

Return for Risk

EVEX vs. NPK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EVEX

EVEX Risk / Return Rank: 7
EVEX Sharpe Ratio Rank: 6
EVEX Sortino Ratio Rank: 6
EVEX Omega Ratio Rank: 7
EVEX Calmar Ratio Rank: 4
EVEX Martin Ratio Rank: 10

NPK

NPK Risk / Return Rank: 68
NPK Sharpe Ratio Rank: 71
NPK Sortino Ratio Rank: 64
NPK Omega Ratio Rank: 64
NPK Calmar Ratio Rank: 69
NPK Martin Ratio Rank: 70

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EVEX vs. NPK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eve Holding Inc (EVEX) and National Presto Industries, Inc. (NPK). 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.

	EVEX	NPK	Difference
Sharpe ratio: Return per unit of total volatility	-0.93	0.80	-1.73
Sortino ratio: Return per unit of downside risk	-1.53	1.22	-2.75
Omega ratio: Gain probability vs. loss probability	0.82	1.16	-0.34
Calmar ratio: Return relative to maximum drawdown	-0.96	1.16	-2.11
Martin ratio: Return relative to average drawdown	-1.34	2.75	-4.09

EVEX vs. NPK - Sharpe Ratio Comparison

The current EVEX Sharpe Ratio is -0.93, which is lower than the NPK Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of EVEX and NPK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EVEX vs. NPK - Drawdown Comparison

The maximum EVEX drawdown since its inception was -84.85%, which is greater than NPK's maximum drawdown of -53.91%. Use the drawdown chart below to compare losses from any high point for EVEX and NPK.

Drawdown Indicators

	EVEX	NPK	Difference
Max Drawdown Largest peak-to-trough decline	-84.85%	-53.91%	-30.94%
Max Drawdown (1Y) Largest decline over 1 year	-67.46%	-23.32%	-44.14%
Max Drawdown (3Y) Largest decline over 3 years	-75.75%	-23.32%	-52.43%
Max Drawdown (5Y) Largest decline over 5 years	-82.39%	-29.66%	-52.73%
Max Drawdown (10Y) Largest decline over 10 years	—	-49.16%	—
Current Drawdown Current decline from peak	-83.88%	-17.14%	-66.74%
Average Drawdown Average peak-to-trough decline	-52.58%	-24.99%	-27.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	47.96%	9.78%	+38.18%

Volatility

EVEX vs. NPK - Volatility Comparison

Eve Holding Inc (EVEX) has a higher volatility of 23.89% compared to National Presto Industries, Inc. (NPK) at 4.21%. This indicates that EVEX's price experiences larger fluctuations and is considered to be riskier than NPK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EVEX	NPK	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.89%	4.21%	+19.68%
Volatility (6M) Calculated over the trailing 6-month period	48.79%	26.64%	+22.15%
Volatility (1Y) Calculated over the trailing 1-year period	69.40%	33.66%	+35.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.75%	26.80%	+42.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.72%	28.53%	+38.19%

Dividends

EVEX vs. NPK - Dividend Comparison

EVEX has not paid dividends to shareholders, while NPK's dividend yield for the trailing twelve months is around 0.82%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVEX Eve Holding Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NPK National Presto Industries, Inc.	0.82%	0.94%	4.57%	4.98%	6.57%	7.62%	1.13%	5.66%	5.13%	4.52%	4.75%	4.89%

Financials

Frequently Asked Questions

Can I hold both EVEX and NPK in my portfolio?

EVEX and NPK have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EVEX or NPK?

EVEX has higher volatility (23.89%) compared to NPK (4.21%). In terms of maximum drawdown, EVEX dropped -84.85% vs NPK's -53.91%.

Which has better risk-adjusted returns?

NPK currently has the higher Sharpe Ratio (0.80 vs -0.93), 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.