NVEC vs. AMD
Compare and contrast key facts about NVE Corporation (NVEC) and Advanced Micro Devices, Inc. (AMD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVEC or AMD.
Correlation
The correlation between NVEC and AMD is 0.33, 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.
Performance
NVEC vs. AMD - Performance Comparison
Key characteristics
NVEC:
-0.54
AMD:
-0.68
NVEC:
-0.56
AMD:
-0.83
NVEC:
0.93
AMD:
0.90
NVEC:
-0.54
AMD:
-0.58
NVEC:
-1.43
AMD:
-1.30
NVEC:
15.27%
AMD:
28.12%
NVEC:
40.56%
AMD:
53.45%
NVEC:
-97.63%
AMD:
-96.57%
NVEC:
-35.92%
AMD:
-54.28%
Fundamentals
NVEC:
$282.83M
AMD:
$157.01B
NVEC:
$3.10
AMD:
$1.00
NVEC:
18.86
AMD:
96.65
NVEC:
1.18
AMD:
0.44
NVEC:
11.01
AMD:
6.09
NVEC:
4.49
AMD:
2.73
NVEC:
$18.60M
AMD:
$20.31B
NVEC:
$15.88M
AMD:
$10.40B
NVEC:
$11.82M
AMD:
$3.54B
Returns By Period
In the year-to-date period, NVEC achieves a -27.18% return, which is significantly lower than AMD's -19.99% return. Over the past 10 years, NVEC has underperformed AMD with an annualized return of 4.46%, while AMD has yielded a comparatively higher 45.76% annualized return.
NVEC
-27.18%
-10.03%
-21.37%
-23.38%
7.55%
4.46%
AMD
-19.99%
-6.37%
-38.14%
-38.60%
11.78%
45.76%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
NVEC vs. AMD — Risk-Adjusted Performance Rank
NVEC
AMD
NVEC vs. AMD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NVE Corporation (NVEC) and Advanced Micro Devices, Inc. (AMD). 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.
Dividends
NVEC vs. AMD - Dividend Comparison
NVEC's dividend yield for the trailing twelve months is around 6.84%, while AMD has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|---|
NVEC NVE Corporation | 6.84% | 4.91% | 5.10% | 6.18% | 5.86% | 7.12% | 5.60% | 4.57% | 4.65% | 5.60% | 9.01% |
AMD Advanced Micro Devices, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NVEC vs. AMD - Drawdown Comparison
The maximum NVEC drawdown since its inception was -97.63%, roughly equal to the maximum AMD drawdown of -96.57%. Use the drawdown chart below to compare losses from any high point for NVEC and AMD. For additional features, visit the drawdowns tool.
Volatility
NVEC vs. AMD - Volatility Comparison
The current volatility for NVE Corporation (NVEC) is 17.63%, while Advanced Micro Devices, Inc. (AMD) has a volatility of 30.83%. This indicates that NVEC experiences smaller price fluctuations and is considered to be less risky than AMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NVEC vs. AMD - Financials Comparison
This section allows you to compare key financial metrics between NVE Corporation and Advanced Micro Devices, 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