HOV vs. SCWO
HOV (Hovnanian Enterprises, Inc.) and SCWO (374Water Inc. Common Stock) are both stocks. HOV operates in Residential Construction (Consumer Cyclical), while SCWO operates in Pollution & Treatment Controls (Industrials). Over the past 10 years, HOV returned 11.49%/yr vs 0.37%/yr for SCWO. Their 0.05 correlation means their historical movements had little consistent relationship.
Performance
HOV vs. SCWO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HOV achieves a 27.02% return, which is significantly higher than SCWO's 6.86% return. Over the past 10 years, HOV has outperformed SCWO with an annualized return of 11.49%, while SCWO has yielded a comparatively lower 0.37% annualized return.
HOV
- 1D
- -4.22%
- 1M
- -7.90%
- 6M
- 9.99%
- YTD
- 27.02%
- 1Y
- -0.07%
- 3Y*
- 4.54%
- 5Y*
- 3.49%
- 10Y*
- 11.49%
- ALL TIME*
- -0.73%
SCWO
- 1D
- -2.68%
- 1M
- 9.55%
- 6M
- -29.90%
- YTD
- 6.86%
- 1Y
- 15.96%
- 3Y*
- -53.44%
- 5Y*
- -37.47%
- 10Y*
- 0.37%
- ALL TIME*
- -9.57%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $23.06M | $18.28M | $16.24M | |
| $106.33K | $109.95K | $142.12K |
HOV vs. SCWO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HOV Hovnanian Enterprises, Inc. | 27.02% | -27.11% | -14.01% | 269.82% | -66.94% | 287.37% | 57.45% | 22.06% | -79.59% | 22.71% |
SCWO 374Water Inc. Common Stock | 6.86% | -70.11% | -51.93% | -50.35% | 0.35% | 239.29% | 833.33% | 73.08% | -56.67% | -7.69% |
Correlation
The correlation between HOV and SCWO is 0.19, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.19 |
Correlation (3Y) Balances recent behavior with more history. | 0.22 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2012 | 0.05 |
The correlation between HOV and SCWO shifts across timeframes, from 0.05 (all time) to 0.22 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
HOV:
$628.38M
SCWO:
$38.14M
HOV:
$5.60
SCWO:
$0.26
HOV:
22.14
SCWO:
8.54
HOV:
0.27
SCWO:
0.00
HOV:
$2.92B
SCWO:
$215.04B
HOV:
$2.17B
SCWO:
-$2.35T
HOV:
$74.06M
SCWO:
-$20.98T
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HOV vs. SCWO — Risk / Return Rank
HOV
SCWO
HOV vs. SCWO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hovnanian Enterprises, Inc. (HOV) and 374Water Inc. Common Stock (SCWO). 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.
| HOV | SCWO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.13 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.09 | -0.15 | +0.25 |
| Martin ratioReturn relative to average drawdown | 0.16 | -0.21 | +0.36 |
Loading charts...
Drawdowns
HOV vs. SCWO - Drawdown Comparison
The maximum HOV drawdown since its inception was -99.70%, roughly equal to the maximum SCWO drawdown of -99.05%. Use the drawdown chart below to compare losses from any high point for HOV and SCWO.
Loading charts...
Drawdown Indicators
| HOV | SCWO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.70% | -99.05% | -0.65% |
Max Drawdown (1Y)Largest decline over 1 year | -39.73% | -74.93% | +35.20% |
Max Drawdown (3Y)Largest decline over 3 years | -63.12% | -91.27% | +28.15% |
Max Drawdown (5Y)Largest decline over 5 years | -74.55% | -96.45% | +21.90% |
Max Drawdown (10Y)Largest decline over 10 years | -93.52% | -96.45% | +2.93% |
Current DrawdownCurrent decline from peak | -93.23% | -95.59% | +2.36% |
Average DrawdownAverage peak-to-trough decline | -70.34% | -57.08% | -13.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.61% | 55.25% | -31.64% |
Volatility
HOV vs. SCWO - Volatility Comparison
The current volatility for Hovnanian Enterprises, Inc. (HOV) is 12.05%, while 374Water Inc. Common Stock (SCWO) has a volatility of 18.32%. This indicates that HOV experiences smaller price fluctuations and is considered to be less risky than SCWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HOV | SCWO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.05% | 18.32% | -6.27% |
Volatility (6M)Calculated over the trailing 6-month period | 41.79% | 58.97% | -17.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.42% | 151.13% | -87.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.83% | 107.62% | -42.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.89% | 188.72% | -112.83% |
Dividends
HOV vs. SCWO - Dividend Comparison
Neither HOV nor SCWO has paid dividends to shareholders.
Financials
HOV vs. SCWO - Financials Comparison
This section allows you to compare key financial metrics between Hovnanian Enterprises, Inc. and 374Water Inc. Common Stock. 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
HOV and SCWO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCWO has higher volatility (18.32%) compared to HOV (12.05%). In terms of maximum drawdown, HOV dropped -99.70% vs SCWO's -99.05%.
HOV currently has the higher Sharpe Ratio (0.06 vs -0.08), 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.
Find the right allocation for HOV and SCWO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer