KMX vs. NEOV
KMX (CarMax, Inc.) and NEOV (NeoVolta Inc. Common Stock) are both stocks. KMX operates in Auto & Truck Dealerships (Consumer Cyclical), while NEOV operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, KMX returned -16.21%/yr vs -22.17%/yr for NEOV. At a 0.09 correlation, their price movements are largely independent.
Performance
KMX vs. NEOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KMX achieves a 22.93% return, which is significantly higher than NEOV's -35.20% return.
KMX
- 1D
- 0.74%
- 1M
- 17.75%
- YTD
- 22.93%
- 6M
- 20.99%
- 1Y
- -27.71%
- 3Y*
- -15.53%
- 5Y*
- -16.21%
- 10Y*
- -0.36%
NEOV
- 1D
- 0.51%
- 1M
- -25.38%
- YTD
- -35.20%
- 6M
- -43.39%
- 1Y
- -35.62%
- 3Y*
- -13.27%
- 5Y*
- -22.17%
- 10Y*
- —
KMX vs. NEOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
KMX CarMax, Inc. | 22.93% | -52.74% | 6.54% | 26.03% | -53.24% | 37.87% | 20.56% |
NEOV NeoVolta Inc. Common Stock | -35.20% | -41.65% | 225.62% | -42.65% | -60.20% | 60.78% | 237.98% |
Correlation
The correlation between KMX and NEOV is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since May 21, 2020 | 0.09 |
Fundamentals
KMX:
$7.01B
NEOV:
$79.17M
KMX:
$1.66
NEOV:
-$0.32
KMX:
0.27
NEOV:
4.40
KMX:
1.19
NEOV:
3.57
KMX:
$25.88B
NEOV:
$16.05M
KMX:
$2.81B
NEOV:
$3.74M
KMX:
$768.58M
NEOV:
-$9.07M
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
KMX vs. NEOV — Risk / Return Rank
KMX
NEOV
KMX vs. NEOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CarMax, Inc. (KMX) and NeoVolta Inc. Common Stock (NEOV). 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.
| KMX | NEOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.05 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | -0.49 | 0.00 |
| Martin ratioReturn relative to average drawdown | -0.77 | -1.00 | +0.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| KMX | NEOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.53 | -0.29 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.37 | -0.24 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.01 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.08 | +0.02 |
Drawdowns
KMX vs. NEOV - Drawdown Comparison
The maximum KMX drawdown since its inception was -93.19%, roughly equal to the maximum NEOV drawdown of -90.38%. Use the drawdown chart below to compare losses from any high point for KMX and NEOV.
Loading charts...
Drawdown Indicators
| KMX | NEOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.19% | -90.38% | -2.81% |
Max Drawdown (1Y)Largest decline over 1 year | -56.85% | -73.60% | +16.75% |
Max Drawdown (3Y)Largest decline over 3 years | -65.38% | -84.32% | +18.94% |
Max Drawdown (5Y)Largest decline over 5 years | -80.06% | -90.38% | +10.32% |
Max Drawdown (10Y)Largest decline over 10 years | -80.06% | — | — |
Current DrawdownCurrent decline from peak | -69.33% | -72.52% | +3.19% |
Average DrawdownAverage peak-to-trough decline | -31.74% | -38.92% | +7.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.04% | 35.68% | +0.36% |
Volatility
KMX vs. NEOV - Volatility Comparison
The current volatility for CarMax, Inc. (KMX) is 11.99%, while NeoVolta Inc. Common Stock (NEOV) has a volatility of 71.79%. This indicates that KMX experiences smaller price fluctuations and is considered to be less risky than NEOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KMX | NEOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.99% | 71.79% | -59.80% |
Volatility (6M)Calculated over the trailing 6-month period | 34.46% | 102.83% | -68.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.71% | 121.65% | -68.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.23% | 93.71% | -49.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.53% | 86.56% | -46.03% |
Dividends
KMX vs. NEOV - Dividend Comparison
Neither KMX nor NEOV has paid dividends to shareholders.
Financials
KMX vs. NEOV - Financials Comparison
This section allows you to compare key financial metrics between CarMax, Inc. and NeoVolta 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
KMX and NEOV have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEOV has higher volatility (71.79%) compared to KMX (11.99%). In terms of maximum drawdown, KMX dropped -93.19% vs NEOV's -90.38%.
NEOV currently has the higher Sharpe Ratio (-0.29 vs -0.53), 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 KMX and NEOV
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