Correlation
The correlation between NOVA and MO is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
NOVA vs. MO
Compare and contrast key facts about Sunnova Energy International Inc. (NOVA) and Altria Group, Inc. (MO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOVA or MO.
Performance
NOVA vs. MO - Performance Comparison
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Key characteristics
NOVA:
-0.63
MO:
2.17
NOVA:
-1.49
MO:
2.89
NOVA:
0.80
MO:
1.38
NOVA:
-0.96
MO:
3.83
NOVA:
-1.49
MO:
8.95
NOVA:
64.13%
MO:
4.41%
NOVA:
150.50%
MO:
19.38%
NOVA:
-99.67%
MO:
-57.39%
NOVA:
-99.66%
MO:
-1.92%
Fundamentals
NOVA:
$23.01M
MO:
$100.63B
NOVA:
-$2.96
MO:
$5.96
NOVA:
0.03
MO:
4.97
NOVA:
0.01
MO:
27.30
NOVA:
$903.15M
MO:
$20.99B
NOVA:
$418.79M
MO:
$15.08B
NOVA:
$206.75M
MO:
$14.03B
Returns By Period
In the year-to-date period, NOVA achieves a -94.66% return, which is significantly lower than MO's 16.31% return.
NOVA
-94.66%
-12.86%
-96.27%
-95.75%
-77.95%
-57.82%
N/A
MO
16.31%
1.75%
9.29%
42.01%
13.14%
18.76%
8.33%
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Risk-Adjusted Performance
NOVA vs. MO — Risk-Adjusted Performance Rank
NOVA
MO
NOVA vs. MO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sunnova Energy International Inc. (NOVA) and Altria Group, Inc. (MO). 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.
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Dividends
NOVA vs. MO - Dividend Comparison
NOVA has not paid dividends to shareholders, while MO's dividend yield for the trailing twelve months is around 6.76%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
MO Altria Group, Inc. | 6.76% | 7.65% | 9.52% | 8.05% | 7.43% | 8.29% | 6.57% | 6.07% | 3.56% | 3.48% | 3.73% | 4.06% |
Drawdowns
NOVA vs. MO - Drawdown Comparison
The maximum NOVA drawdown since its inception was -99.67%, which is greater than MO's maximum drawdown of -57.39%. Use the drawdown chart below to compare losses from any high point for NOVA and MO.
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Volatility
NOVA vs. MO - Volatility Comparison
Sunnova Energy International Inc. (NOVA) has a higher volatility of 32.45% compared to Altria Group, Inc. (MO) at 6.48%. This indicates that NOVA's price experiences larger fluctuations and is considered to be riskier than MO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
NOVA vs. MO - Financials Comparison
This section allows you to compare key financial metrics between Sunnova Energy International Inc. and Altria Group, 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
NOVA vs. MO - Profitability Comparison
NOVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Sunnova Energy International Inc. reported a gross profit of 99.34M and revenue of 224.13M. Therefore, the gross margin over that period was 44.3%.
MO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Altria Group, Inc. reported a gross profit of 3.99B and revenue of 5.26B. Therefore, the gross margin over that period was 75.9%.
NOVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Sunnova Energy International Inc. reported an operating income of -43.90M and revenue of 224.13M, resulting in an operating margin of -19.6%.
MO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Altria Group, Inc. reported an operating income of 1.79B and revenue of 5.26B, resulting in an operating margin of 34.0%.
NOVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Sunnova Energy International Inc. reported a net income of -142.29M and revenue of 224.13M, resulting in a net margin of -63.5%.
MO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Altria Group, Inc. reported a net income of 1.08B and revenue of 5.26B, resulting in a net margin of 20.5%.