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NOVA vs. AVGO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NOVA and AVGO is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.4

Performance

NOVA vs. AVGO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sunnova Energy International Inc. (NOVA) and Broadcom Inc. (AVGO). The values are adjusted to include any dividend payments, if applicable.

0.00%200.00%400.00%600.00%800.00%NovemberDecember2025FebruaryMarchApril
-97.97%
654.65%
NOVA
AVGO

Key characteristics

Sharpe Ratio

NOVA:

-0.61

AVGO:

0.87

Sortino Ratio

NOVA:

-1.22

AVGO:

1.61

Omega Ratio

NOVA:

0.84

AVGO:

1.21

Calmar Ratio

NOVA:

-0.95

AVGO:

1.34

Martin Ratio

NOVA:

-1.61

AVGO:

3.81

Ulcer Index

NOVA:

58.33%

AVGO:

14.42%

Daily Std Dev

NOVA:

155.16%

AVGO:

63.17%

Max Drawdown

NOVA:

-99.67%

AVGO:

-48.30%

Current Drawdown

NOVA:

-99.58%

AVGO:

-22.57%

Fundamentals

Market Cap

NOVA:

$26.87M

AVGO:

$904.98B

EPS

NOVA:

-$2.96

AVGO:

$2.15

PS Ratio

NOVA:

0.03

AVGO:

16.60

PB Ratio

NOVA:

0.01

AVGO:

12.96

Total Revenue (TTM)

NOVA:

$679.02M

AVGO:

$54.53B

Gross Profit (TTM)

NOVA:

$207.52M

AVGO:

$34.51B

EBITDA (TTM)

NOVA:

$146.97M

AVGO:

$25.47B

Returns By Period

In the year-to-date period, NOVA achieves a -93.35% return, which is significantly lower than AVGO's -16.73% return.


NOVA

YTD

-93.35%

1M

-26.89%

6M

-95.74%

1Y

-94.30%

5Y*

-56.20%

10Y*

N/A

AVGO

YTD

-16.73%

1M

13.81%

6M

12.53%

1Y

44.95%

5Y*

51.52%

10Y*

35.24%

*Annualized

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Risk-Adjusted Performance

NOVA vs. AVGO — Risk-Adjusted Performance Rank

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

NOVA
The Risk-Adjusted Performance Rank of NOVA is 99
Overall Rank
The Sharpe Ratio Rank of NOVA is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of NOVA is 99
Sortino Ratio Rank
The Omega Ratio Rank of NOVA is 1010
Omega Ratio Rank
The Calmar Ratio Rank of NOVA is 22
Calmar Ratio Rank
The Martin Ratio Rank of NOVA is 55
Martin Ratio Rank

AVGO
The Risk-Adjusted Performance Rank of AVGO is 8282
Overall Rank
The Sharpe Ratio Rank of AVGO is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of AVGO is 8080
Sortino Ratio Rank
The Omega Ratio Rank of AVGO is 7979
Omega Ratio Rank
The Calmar Ratio Rank of AVGO is 8989
Calmar Ratio Rank
The Martin Ratio Rank of AVGO is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NOVA vs. AVGO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Sunnova Energy International Inc. (NOVA) and Broadcom Inc. (AVGO). 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.


The chart of Sharpe ratio for NOVA, currently valued at -0.61, compared to the broader market-2.00-1.000.001.002.003.00
NOVA: -0.61
AVGO: 0.87
The chart of Sortino ratio for NOVA, currently valued at -1.22, compared to the broader market-6.00-4.00-2.000.002.004.00
NOVA: -1.22
AVGO: 1.61
The chart of Omega ratio for NOVA, currently valued at 0.84, compared to the broader market0.501.001.502.00
NOVA: 0.84
AVGO: 1.21
The chart of Calmar ratio for NOVA, currently valued at -0.94, compared to the broader market0.001.002.003.004.005.00
NOVA: -0.95
AVGO: 1.34
The chart of Martin ratio for NOVA, currently valued at -1.61, compared to the broader market-5.000.005.0010.0015.0020.00
NOVA: -1.61
AVGO: 3.81

The current NOVA Sharpe Ratio is -0.61, which is lower than the AVGO Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of NOVA and AVGO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.61
0.87
NOVA
AVGO

Dividends

NOVA vs. AVGO - Dividend Comparison

NOVA has not paid dividends to shareholders, while AVGO's dividend yield for the trailing twelve months is around 1.16%.


TTM20242023202220212020201920182017201620152014
NOVA
Sunnova Energy International Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
AVGO
Broadcom Inc.
1.16%0.94%1.71%3.02%2.24%3.05%3.54%3.11%1.87%1.43%1.13%1.22%

Drawdowns

NOVA vs. AVGO - Drawdown Comparison

The maximum NOVA drawdown since its inception was -99.67%, which is greater than AVGO's maximum drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for NOVA and AVGO. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2025FebruaryMarchApril
-99.58%
-22.57%
NOVA
AVGO

Volatility

NOVA vs. AVGO - Volatility Comparison

Sunnova Energy International Inc. (NOVA) has a higher volatility of 46.93% compared to Broadcom Inc. (AVGO) at 25.97%. This indicates that NOVA's price experiences larger fluctuations and is considered to be riskier than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%20.00%40.00%60.00%80.00%100.00%120.00%NovemberDecember2025FebruaryMarchApril
46.93%
25.97%
NOVA
AVGO

Financials

NOVA vs. AVGO - Financials Comparison

This section allows you to compare key financial metrics between Sunnova Energy International Inc. and Broadcom 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items