HOVR vs. MOB

Last updated Jun 13, 2026

HOVR (New Horizon Aircraft Ltd) and MOB (Mobilicom Limited American Depositary Shares) are both stocks. HOVR operates in Aerospace & Defense (Industrials), while MOB operates in Communication Equipment (Technology). At a 0.44 correlation, their price movements are largely independent.

Performance

HOVR vs. MOB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in New Horizon Aircraft Ltd (HOVR) and Mobilicom Limited American Depositary Shares (MOB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOVR achieves a 48.98% return, which is significantly higher than MOB's 2.30% return.

HOVR

• 1D: -3.10%
• 1M: -11.69%
• YTD: 48.98%
• 6M: 26.59%
• 1Y: 59.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MOB

• 1D: 6.85%
• 1M: 7.03%
• YTD: 2.30%
• 6M: -11.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOVR vs. MOB - Yearly Performance Comparison

	2026 (YTD)	2025
HOVR New Horizon Aircraft Ltd	48.98%	-16.95%
MOB Mobilicom Limited American Depositary Shares	2.30%	-25.52%

Correlation

The correlation between HOVR and MOB is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 8, 2025	0.44

Fundamentals

Market Cap HOVR : $97.08M MOB : $55.23M
EPS HOVR : -$0.80 MOB : -$3.88
PB Ratio HOVR : 6.87 MOB : 6.26
Total Revenue (TTM) HOVR : $0.00 MOB : $6.54M
Gross Profit (TTM) HOVR : -$57.08K MOB : $3.62M
EBITDA (TTM) HOVR : -$31.06M MOB : -$31.15M

Return for Risk

HOVR vs. MOB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HOVR

HOVR Risk / Return Rank: 63
HOVR Sharpe Ratio Rank: 60
HOVR Sortino Ratio Rank: 71
HOVR Omega Ratio Rank: 66
HOVR Calmar Ratio Rank: 61
HOVR Martin Ratio Rank: 58

MOB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HOVR vs. MOB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for New Horizon Aircraft Ltd (HOVR) and Mobilicom Limited American Depositary Shares (MOB). 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.

	HOVR	MOB	Difference
Sharpe ratio: Return per unit of total volatility	0.47	—	—
Sortino ratio: Return per unit of downside risk	1.69	—	—
Omega ratio: Gain probability vs. loss probability	1.19	—	—
Calmar ratio: Return relative to maximum drawdown	0.87	—	—
Martin ratio: Return relative to average drawdown	1.40	—	—

Drawdowns

HOVR vs. MOB - Drawdown Comparison

The maximum HOVR drawdown since its inception was -93.16%, which is greater than MOB's maximum drawdown of -50.00%. Use the drawdown chart below to compare losses from any high point for HOVR and MOB.

Drawdown Indicators

	HOVR	MOB	Difference
Max Drawdown Largest peak-to-trough decline	-93.16%	-50.00%	-43.16%
Max Drawdown (1Y) Largest decline over 1 year	-69.31%	—	—
Current Drawdown Current decline from peak	-43.99%	-32.61%	-11.38%
Average Drawdown Average peak-to-trough decline	-63.48%	-29.98%	-33.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.91%	—	—

Volatility

Volatility by Period

	HOVR	MOB	Difference
Volatility (1M) Calculated over the trailing 1-month period	36.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	82.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	126.68%	112.49%	+14.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	157.13%	112.49%	+44.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	157.13%	112.49%	+44.64%

Dividends

HOVR vs. MOB - Dividend Comparison

Neither HOVR nor MOB has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both HOVR and MOB in my portfolio?

HOVR and MOB have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.