MODD vs. NVVE
MODD (Modular Medical Inc) and NVVE (Nuvve Holding Corp.) are both stocks. MODD operates in Medical Devices (Healthcare), while NVVE operates in Specialty Retail (Consumer Cyclical). Over the past 5 years, MODD returned -65.14%/yr vs -92.53%/yr for NVVE. At a 0.04 correlation, their price movements are largely independent.
Performance
MODD vs. NVVE - Performance Comparison
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Returns By Period
In the year-to-date period, MODD achieves a -75.83% return, which is significantly higher than NVVE's -82.35% return.
MODD
- 1D
- -11.41%
- 1M
- -48.74%
- 6M
- -81.47%
- YTD
- -75.83%
- 1Y
- -87.25%
- 3Y*
- -54.77%
- 5Y*
- -65.14%
- 10Y*
- —
- ALL TIME*
- -29.58%
NVVE
- 1D
- 3.07%
- 1M
- 22.83%
- 6M
- -86.25%
- YTD
- -82.35%
- 1Y
- -98.70%
- 3Y*
- -96.42%
- 5Y*
- -92.53%
- 10Y*
- —
- ALL TIME*
- -91.58%
MODD vs. NVVE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MODD Modular Medical Inc | -75.83% | -73.42% | -24.73% | -9.00% | -76.22% | -49.03% |
NVVE Nuvve Holding Corp. | -82.35% | -97.96% | -93.73% | -81.42% | -94.97% | -10.48% |
Correlation
The correlation between MODD and NVVE is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2021 | 0.04 |
Fundamentals
MODD:
$5.57M
NVVE:
$118.95K
MODD:
-$13.22
NVVE:
-$8.59
MODD:
$0.00
NVVE:
$4.79M
MODD:
$0.00
NVVE:
$1.87M
MODD:
-$25.22M
NVVE:
-$30.86M
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Return for Risk
MODD vs. NVVE — Risk / Return Rank
MODD
NVVE
MODD vs. NVVE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Modular Medical Inc (MODD) and Nuvve Holding Corp. (NVVE). 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.
| MODD | NVVE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.58 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 0.89 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | -0.99 | +0.01 |
| Martin ratioReturn relative to average drawdown | -1.58 | -1.16 | -0.42 |
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Drawdowns
MODD vs. NVVE - Drawdown Comparison
The maximum MODD drawdown since its inception was -99.52%, roughly equal to the maximum NVVE drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for MODD and NVVE.
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Drawdown Indicators
| MODD | NVVE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.52% | -100.00% | +0.48% |
Max Drawdown (1Y)Largest decline over 1 year | -88.44% | -99.23% | +10.79% |
Max Drawdown (3Y)Largest decline over 3 years | -96.29% | -100.00% | +3.71% |
Max Drawdown (5Y)Largest decline over 5 years | -99.49% | -100.00% | +0.51% |
Current DrawdownCurrent decline from peak | -99.52% | -100.00% | +0.48% |
Average DrawdownAverage peak-to-trough decline | -72.98% | -82.71% | +9.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.29% | 85.16% | -29.87% |
Volatility
MODD vs. NVVE - Volatility Comparison
The current volatility for Modular Medical Inc (MODD) is 43.80%, while Nuvve Holding Corp. (NVVE) has a volatility of 126.99%. This indicates that MODD experiences smaller price fluctuations and is considered to be less risky than NVVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MODD | NVVE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 43.80% | 126.99% | -83.19% |
Volatility (6M)Calculated over the trailing 6-month period | 105.61% | 156.88% | -51.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 111.18% | 288.14% | -176.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 103.03% | 190.63% | -87.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 625.82% | 187.09% | +438.73% |
Dividends
MODD vs. NVVE - Dividend Comparison
Neither MODD nor NVVE has paid dividends to shareholders.
Financials
MODD vs. NVVE - Financials Comparison
This section allows you to compare key financial metrics between Modular Medical Inc and Nuvve Holding Corp.. 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
MODD and NVVE have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVVE has higher volatility (126.99%) compared to MODD (43.80%). In terms of maximum drawdown, MODD dropped -99.52% vs NVVE's -100.00%.
NVVE currently has the higher Sharpe Ratio (-0.34 vs -0.79), 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.
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