MOV vs. ADEA

Last updated Jun 4, 2026

MOV (Movado Group, Inc.) and ADEA (Adeia Inc) are both stocks. MOV operates in Luxury Goods (Consumer Cyclical), while ADEA operates in Software - Application (Technology). Over the past 10 years, MOV returned 10.43%/yr vs 16.84%/yr for ADEA. At a 0.36 correlation, their price movements are largely independent.

Performance

MOV vs. ADEA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Movado Group, Inc. (MOV) and Adeia Inc (ADEA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MOV achieves a 79.27% return, which is significantly lower than ADEA's 86.55% return. Over the past 10 years, MOV has underperformed ADEA with an annualized return of 10.43%, while ADEA has yielded a comparatively higher 16.84% annualized return.

MOV

• 1D: -2.83%
• 1M: 37.51%
• YTD: 79.27%
• 6M: 77.19%
• 1Y: 141.07%
• 3Y*: 18.42%
• 5Y*: 11.20%
• 10Y*: 10.43%

ADEA

• 1D: 4.53%
• 1M: -4.52%
• YTD: 86.55%
• 6M: 156.21%
• 1Y: 148.04%
• 3Y*: 46.97%
• 5Y*: 42.70%
• 10Y*: 16.84%

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

MOV vs. ADEA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MOV Movado Group, Inc.	79.27%	13.86%	-30.56%	2.02%	-19.68%	159.46%	-23.55%	-28.95%	0.13%	14.30%
ADEA Adeia Inc	86.55%	25.22%	14.75%	33.53%	92.17%	-8.65%	16.55%	4.53%	-21.13%	-43.16%

Correlation

The correlation between MOV and ADEA is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Nov 21, 2003	0.36

The correlation between MOV and ADEA shifts across timeframes, from 0.29 (1 year) to 0.40 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap MOV : $831.78M ADEA : $3.66B
EPS MOV : $1.41 ADEA : $1.08
PE Ratio MOV : 25.80 ADEA : 29.69
PS Ratio MOV : 1.21 ADEA : 7.87
PB Ratio MOV : 1.64 ADEA : 7.84
Total Revenue (TTM) MOV : $681.94M ADEA : $460.49M
Gross Profit (TTM) MOV : $373.85M ADEA : $312.21M
EBITDA (TTM) MOV : $41.93M ADEA : $235.56M

Return for Risk

MOV vs. ADEA — Risk / Return Rank

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

MOV

MOV Risk / Return Rank: 96
MOV Sharpe Ratio Rank: 97
MOV Sortino Ratio Rank: 96
MOV Omega Ratio Rank: 94
MOV Calmar Ratio Rank: 97
MOV Martin Ratio Rank: 97

ADEA

ADEA Risk / Return Rank: 90
ADEA Sharpe Ratio Rank: 91
ADEA Sortino Ratio Rank: 88
ADEA Omega Ratio Rank: 90
ADEA Calmar Ratio Rank: 89
ADEA Martin Ratio Rank: 90

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.

MOV vs. ADEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Movado Group, Inc. (MOV) and Adeia Inc (ADEA). 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.

	MOV	ADEA	Difference
Sharpe ratio Return per unit of total volatility	3.68	2.47	+1.21
Sortino ratio Return per unit of downside risk	4.53	3.01	+1.52
Omega ratio Gain probability vs. loss probability	1.54	1.45	+0.09
Calmar ratio Return relative to maximum drawdown	10.36	4.28	+6.09
Martin ratio Return relative to average drawdown	27.44	12.20	+15.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MOV vs. ADEA - Sharpe Ratio Comparison

The current MOV Sharpe Ratio is 3.68, which is higher than the ADEA Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of MOV and ADEA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MOV	ADEA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.68	2.47	+1.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.69	-0.41
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.30	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.20	-0.01

Drawdowns

MOV vs. ADEA - Drawdown Comparison

The maximum MOV drawdown since its inception was -86.06%, which is greater than ADEA's maximum drawdown of -80.75%. Use the drawdown chart below to compare losses from any high point for MOV and ADEA.

Drawdown Indicators

	MOV	ADEA	Difference
Max Drawdown Largest peak-to-trough decline	-86.06%	-80.75%	-5.31%
Max Drawdown (1Y) Largest decline over 1 year	-13.69%	-34.81%	+21.12%
Max Drawdown (3Y) Largest decline over 3 years	-55.10%	-34.81%	-20.29%
Max Drawdown (5Y) Largest decline over 5 years	-66.64%	-39.27%	-27.37%
Max Drawdown (10Y) Largest decline over 10 years	-82.73%	-73.66%	-9.07%
Current Drawdown Current decline from peak	-4.81%	-4.52%	-0.29%
Average Drawdown Average peak-to-trough decline	-31.18%	-37.87%	+6.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.20%	12.18%	-6.98%

Volatility

MOV vs. ADEA - Volatility Comparison

The current volatility for Movado Group, Inc. (MOV) is 18.23%, while Adeia Inc (ADEA) has a volatility of 29.27%. This indicates that MOV experiences smaller price fluctuations and is considered to be less risky than ADEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MOV	ADEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.23%	29.27%	-11.04%
Volatility (6M) Calculated over the trailing 6-month period	28.89%	47.80%	-18.91%
Volatility (1Y) Calculated over the trailing 1-year period	38.53%	60.37%	-21.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.88%	62.07%	-22.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.81%	56.27%	-9.46%

Dividends

MOV vs. ADEA - Dividend Comparison

MOV's dividend yield for the trailing twelve months is around 3.84%, more than ADEA's 0.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADEA Adeia Inc	0.62%	1.16%	1.43%	1.61%	0.95%	1.06%	2.39%	4.32%	4.35%	3.28%	1.81%	2.67%
MOV Movado Group, Inc.	3.84%	6.79%	7.11%	7.96%	4.34%	2.27%	0.00%	3.68%	2.53%	1.61%	1.81%	1.71%

Financials

MOV vs. ADEA - Profitability Comparison

The chart below illustrates the profitability comparison between Movado Group, Inc. and Adeia Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MOV - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Movado Group, Inc. reported a gross profit of 81.59M and revenue of 142.40M. Therefore, the gross margin over that period was 57.3%.

ADEA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Adeia Inc reported a gross profit of 0.00 and revenue of 104.77M. Therefore, the gross margin over that period was 0.0%.

MOV - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Movado Group, Inc. reported an operating income of 7.02M and revenue of 142.40M, resulting in an operating margin of 4.9%.

ADEA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Adeia Inc reported an operating income of 34.83M and revenue of 104.77M, resulting in an operating margin of 33.3%.

MOV - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Movado Group, Inc. reported a net income of 6.93M and revenue of 142.40M, resulting in a net margin of 4.9%.

ADEA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Adeia Inc reported a net income of 22.77M and revenue of 104.77M, resulting in a net margin of 21.7%.

Frequently Asked Questions

Can I hold both MOV and ADEA in my portfolio?

MOV and ADEA have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MOV or ADEA?

ADEA has higher volatility (29.27%) compared to MOV (18.23%). In terms of maximum drawdown, MOV dropped -86.06% vs ADEA's -80.75%.

Which has better risk-adjusted returns?

MOV currently has the higher Sharpe Ratio (3.68 vs 2.47), 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.