NEOV vs. SCS
NEOV (NeoVolta Inc. Common Stock) and SCS (Steelcase Inc.) are both stocks. Both are in the Industrials sector — NEOV in Electrical Equipment & Parts, SCS in Business Equipment & Supplies. At a 0.09 correlation, their price movements are largely independent.
Performance
NEOV vs. SCS - Performance Comparison
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Returns By Period
NEOV
- 1D
- 0.51%
- 1M
- -25.38%
- YTD
- -35.20%
- 6M
- -43.39%
- 1Y
- -35.62%
- 3Y*
- -13.27%
- 5Y*
- -22.17%
- 10Y*
- —
SCS
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NEOV vs. SCS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NEOV NeoVolta Inc. Common Stock | -35.20% | -41.65% | 225.62% | -42.65% | -60.20% | 60.78% | 237.98% |
SCS Steelcase Inc. | 0.00% | 39.89% | -9.11% | 97.75% | -36.31% | -9.87% | 25.61% |
Correlation
The correlation between NEOV and SCS is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since May 21, 2020 | 0.09 |
The correlation between NEOV and SCS shifts across timeframes, from -0.02 (1 year) to 0.12 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
NEOV:
$79.17M
SCS:
$1.93B
NEOV:
-$0.32
SCS:
$0.80
NEOV:
4.40
SCS:
0.59
NEOV:
3.57
SCS:
1.89
NEOV:
$16.05M
SCS:
$3.26B
NEOV:
$3.74M
SCS:
$1.09B
NEOV:
-$9.07M
SCS:
$208.30M
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Return for Risk
NEOV vs. SCS — Risk / Return Rank
NEOV
SCS
NEOV vs. SCS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NeoVolta Inc. Common Stock (NEOV) and Steelcase Inc. (SCS). 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.
| NEOV | SCS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.05 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | — | — |
| Martin ratioReturn relative to average drawdown | -1.00 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NEOV | SCS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.29 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.24 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | — | — |
Drawdowns
NEOV vs. SCS - Drawdown Comparison
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Drawdown Indicators
| NEOV | SCS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.38% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -73.60% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -84.32% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -90.38% | — | — |
Current DrawdownCurrent decline from peak | -72.52% | — | — |
Average DrawdownAverage peak-to-trough decline | -38.92% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.68% | — | — |
Volatility
NEOV vs. SCS - Volatility Comparison
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Volatility by Period
| NEOV | SCS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 71.79% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 102.83% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 121.65% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.71% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 86.56% | — | — |
Dividends
NEOV vs. SCS - Dividend Comparison
Neither NEOV nor SCS has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEOV NeoVolta Inc. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCS Steelcase Inc. | 1.24% | 1.86% | 4.23% | 2.22% | 6.93% | 4.56% | 2.73% | 2.83% | 3.64% | 3.36% | 3.31% | 2.27% |
Financials
NEOV vs. SCS - Financials Comparison
This section allows you to compare key financial metrics between NeoVolta Inc. Common Stock and Steelcase 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 SCS have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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