HLX vs. NOV
Compare and contrast key facts about Helix Energy Solutions Group, Inc. (HLX) and National Oilwell Varco, Inc. (NOV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HLX or NOV.
Correlation
The correlation between HLX and NOV is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HLX vs. NOV - Performance Comparison
Key characteristics
HLX:
-0.97
NOV:
-0.85
HLX:
-1.41
NOV:
-1.16
HLX:
0.83
NOV:
0.84
HLX:
-0.52
NOV:
-0.42
HLX:
-1.75
NOV:
-1.55
HLX:
25.73%
NOV:
22.82%
HLX:
46.77%
NOV:
41.73%
HLX:
-97.87%
NOV:
-89.77%
HLX:
-86.76%
NOV:
-83.94%
Fundamentals
HLX:
$974.88M
NOV:
$4.64B
HLX:
$0.55
NOV:
$1.60
HLX:
11.18
NOV:
7.65
HLX:
-1.41
NOV:
0.27
HLX:
0.73
NOV:
0.52
HLX:
0.62
NOV:
0.73
HLX:
$1.34B
NOV:
$6.72B
HLX:
$227.55M
NOV:
$1.68B
HLX:
$234.19M
NOV:
$991.00M
Returns By Period
In the year-to-date period, HLX achieves a -33.48% return, which is significantly lower than NOV's -17.37% return. Over the past 10 years, HLX has outperformed NOV with an annualized return of -9.27%, while NOV has yielded a comparatively lower -13.04% annualized return.
HLX
-33.48%
-26.10%
-33.19%
-44.44%
19.62%
-9.27%
NOV
-17.37%
-19.95%
-21.02%
-36.79%
-0.09%
-13.04%
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Risk-Adjusted Performance
HLX vs. NOV — Risk-Adjusted Performance Rank
HLX
NOV
HLX vs. NOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Helix Energy Solutions Group, Inc. (HLX) and National Oilwell Varco, Inc. (NOV). 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.
Dividends
HLX vs. NOV - Dividend Comparison
HLX has not paid dividends to shareholders, while NOV's dividend yield for the trailing twelve months is around 2.50%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLX Helix Energy Solutions Group, 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% |
NOV National Oilwell Varco, Inc. | 2.50% | 1.88% | 0.99% | 0.96% | 0.37% | 0.36% | 0.80% | 0.78% | 0.56% | 1.63% | 5.49% | 2.46% |
Drawdowns
HLX vs. NOV - Drawdown Comparison
The maximum HLX drawdown since its inception was -97.87%, which is greater than NOV's maximum drawdown of -89.77%. Use the drawdown chart below to compare losses from any high point for HLX and NOV. For additional features, visit the drawdowns tool.
Volatility
HLX vs. NOV - Volatility Comparison
Helix Energy Solutions Group, Inc. (HLX) and National Oilwell Varco, Inc. (NOV) have volatilities of 26.60% and 26.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
HLX vs. NOV - Financials Comparison
This section allows you to compare key financial metrics between Helix Energy Solutions Group, Inc. and National Oilwell Varco, 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