NVMI vs. FN
Compare and contrast key facts about Nova Ltd (NVMI) and Fabrinet (FN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVMI or FN.
Correlation
The correlation between NVMI and FN is 0.39, 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
NVMI vs. FN - Performance Comparison
Key characteristics
NVMI:
0.94
FN:
0.33
NVMI:
1.51
FN:
0.81
NVMI:
1.21
FN:
1.11
NVMI:
1.62
FN:
0.63
NVMI:
3.57
FN:
1.38
NVMI:
13.41%
FN:
12.74%
NVMI:
51.12%
FN:
53.54%
NVMI:
-98.22%
FN:
-70.46%
NVMI:
-20.84%
FN:
-19.10%
Fundamentals
NVMI:
$5.74B
FN:
$8.41B
NVMI:
$5.33
FN:
$8.46
NVMI:
37.08
FN:
27.39
NVMI:
0.00
FN:
1.19
NVMI:
$611.85M
FN:
$3.00B
NVMI:
$351.17M
FN:
$370.85M
NVMI:
$183.03M
FN:
$367.98M
Returns By Period
In the year-to-date period, NVMI achieves a 40.86% return, which is significantly higher than FN's 16.25% return. Over the past 10 years, NVMI has outperformed FN with an annualized return of 34.47%, while FN has yielded a comparatively lower 28.81% annualized return.
NVMI
40.86%
11.11%
-15.45%
42.94%
38.52%
34.47%
FN
16.25%
-2.23%
-10.38%
15.59%
28.04%
28.81%
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
NVMI vs. FN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nova Ltd (NVMI) and Fabrinet (FN). 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
NVMI vs. FN - Dividend Comparison
Neither NVMI nor FN has paid dividends to shareholders.
Drawdowns
NVMI vs. FN - Drawdown Comparison
The maximum NVMI drawdown since its inception was -98.22%, which is greater than FN's maximum drawdown of -70.46%. Use the drawdown chart below to compare losses from any high point for NVMI and FN. For additional features, visit the drawdowns tool.
Volatility
NVMI vs. FN - Volatility Comparison
Nova Ltd (NVMI) and Fabrinet (FN) have volatilities of 11.82% and 11.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NVMI vs. FN - Financials Comparison
This section allows you to compare key financial metrics between Nova Ltd and Fabrinet. 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