NEOV vs. AZO
NEOV (NeoVolta Inc. Common Stock) and AZO (AutoZone, Inc.) are both stocks. NEOV operates in Electrical Equipment & Parts (Industrials), while AZO operates in Specialty Retail (Consumer Cyclical). Over the past 5 years, NEOV returned -19.78%/yr vs 13.19%/yr for AZO. Their 0.03 correlation means their historical movements had little consistent relationship.
Performance
NEOV vs. AZO - Performance Comparison
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Returns By Period
In the year-to-date period, NEOV achieves a -30.59% return, which is significantly lower than AZO's -11.06% return.
NEOV
- 1D
- -0.94%
- 1M
- -15.26%
- 6M
- -49.88%
- YTD
- -30.59%
- 1Y
- -57.88%
- 3Y*
- -12.87%
- 5Y*
- -19.78%
- 10Y*
- —
- ALL TIME*
- -5.52%
AZO
- 1D
- 0.32%
- 1M
- -4.53%
- 6M
- -18.57%
- YTD
- -11.06%
- 1Y
- -21.84%
- 3Y*
- 6.73%
- 5Y*
- 13.19%
- 10Y*
- 14.16%
- ALL TIME*
- 18.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $422.59M | $552.95M | $1.12B | |
| $2.02M | $2.74M | $5.74M |
NEOV vs. AZO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NEOV NeoVolta Inc. Common Stock | -30.59% | -41.65% | 225.62% | -42.65% | -60.20% | 60.78% | 45.33% |
AZO AutoZone, Inc. | -11.06% | 5.92% | 23.84% | 4.84% | 17.64% | 76.84% | 7.34% |
Correlation
The correlation between NEOV and AZO is -0.00, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.00 |
Correlation (3Y) Balances recent behavior with more history. | 0.04 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.03 |
Correlation (All Time) Calculated using the full available price history since May 20, 2020 | 0.03 |
Fundamentals
NEOV:
$75.65M
AZO:
$49.24B
NEOV:
-$0.31
AZO:
$145.27
NEOV:
4.79
AZO:
2.57
NEOV:
$16.05M
AZO:
$19.99B
NEOV:
$3.74M
AZO:
$10.34B
NEOV:
-$9.07M
AZO:
$4.26B
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Return for Risk
NEOV vs. AZO — Risk / Return Rank
NEOV
AZO
NEOV vs. AZO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NeoVolta Inc. Common Stock (NEOV) and AutoZone, Inc. (AZO). 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.
| NEOV | AZO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.90 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | -0.61 | -0.15 |
| Martin ratioReturn relative to average drawdown | -1.29 | -1.06 | -0.23 |
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Drawdowns
NEOV vs. AZO - Drawdown Comparison
The maximum NEOV drawdown since its inception was -90.38%, which is greater than AZO's maximum drawdown of -46.32%. Use the drawdown chart below to compare losses from any high point for NEOV and AZO.
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Drawdown Indicators
| NEOV | AZO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.38% | -46.32% | -44.06% |
Max Drawdown (1Y)Largest decline over 1 year | -73.60% | -32.86% | -40.74% |
Max Drawdown (3Y)Largest decline over 3 years | -79.40% | -32.86% | -46.54% |
Max Drawdown (5Y)Largest decline over 5 years | -90.38% | -32.86% | -57.52% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.14% | — |
Current DrawdownCurrent decline from peak | -70.57% | -30.73% | -39.84% |
Average DrawdownAverage peak-to-trough decline | -40.50% | -10.95% | -29.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 43.15% | 18.86% | +24.29% |
Volatility
NEOV vs. AZO - Volatility Comparison
NeoVolta Inc. Common Stock (NEOV) has a higher volatility of 26.17% compared to AutoZone, Inc. (AZO) at 11.72%. This indicates that NEOV's price experiences larger fluctuations and is considered to be riskier than AZO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEOV | AZO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.17% | 11.72% | +14.45% |
Volatility (6M)Calculated over the trailing 6-month period | 108.21% | 23.98% | +84.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 133.89% | 29.01% | +104.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 97.98% | 25.00% | +72.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 92.29% | 26.75% | +65.54% |
Dividends
NEOV vs. AZO - Dividend Comparison
Neither NEOV nor AZO has paid dividends to shareholders.
Financials
NEOV vs. AZO - Financials Comparison
This section allows you to compare key financial metrics between NeoVolta Inc. Common Stock and AutoZone, Inc.. 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
NEOV and AZO have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEOV has higher volatility (26.17%) compared to AZO (11.72%). In terms of maximum drawdown, NEOV dropped -90.38% vs AZO's -46.32%.
NEOV currently has the higher Sharpe Ratio (-0.42 vs -0.69), 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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