NVMI vs. PSN
NVMI (Nova Ltd) and PSN (Parsons Corporation) are both stocks. NVMI operates in Semiconductor Equipment & Materials (Technology), while PSN operates in Specialty Industrial Machinery (Industrials). Over the past 5 years, NVMI returned 32.34%/yr vs 8.27%/yr for PSN. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
NVMI vs. PSN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NVMI achieves a 19.88% return, which is significantly higher than PSN's -22.96% return.
NVMI
- 1D
- 0.72%
- 1M
- -16.26%
- 6M
- -13.31%
- YTD
- 19.88%
- 1Y
- 49.38%
- 3Y*
- 49.09%
- 5Y*
- 32.34%
- 10Y*
- 42.81%
- ALL TIME*
- 12.44%
PSN
- 1D
- 7.69%
- 1M
- -15.42%
- 6M
- -30.33%
- YTD
- -22.96%
- 1Y
- -35.42%
- 3Y*
- -4.02%
- 5Y*
- 8.27%
- 10Y*
- —
- ALL TIME*
- 6.27%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
NVMI Nova Ltd | $248.64M | $246.95M | $253.19M |
| $127.09M | $87.35M | $73.91M |
NVMI vs. PSN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
NVMI Nova Ltd | 19.88% | 66.74% | 43.35% | 68.21% | -44.25% | 107.51% | 86.62% | 35.30% |
PSN Parsons Corporation | -22.96% | -33.01% | 47.11% | 35.59% | 37.44% | -7.58% | -11.80% | 34.68% |
Correlation
The correlation between NVMI and PSN is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.22 |
Correlation (All Time) Calculated using the full available price history since May 8, 2019 | 0.23 |
The correlation between NVMI and PSN shifts across timeframes, from 0.08 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NVMI:
$12.51B
PSN:
$5.09B
NVMI:
$7.85
PSN:
$1.45
NVMI:
50.14
PSN:
32.88
NVMI:
1.74
PSN:
0.81
NVMI:
14.65
PSN:
0.82
NVMI:
9.77
PSN:
1.97
NVMI:
$902.53M
PSN:
$6.29B
NVMI:
$518.59M
PSN:
$1.35B
NVMI:
$293.89M
PSN:
$394.64M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NVMI vs. PSN — Risk / Return Rank
NVMI
PSN
NVMI vs. PSN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nova Ltd (NVMI) and Parsons Corporation (PSN). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NVMI | PSN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.45 | ||
| Sortino ratioReturn per unit of downside risk | +1.86 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.91 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.26 | -0.65 | +1.91 |
| Martin ratioReturn relative to average drawdown | 4.32 | -1.24 | +5.56 |
Loading charts...
Drawdowns
NVMI vs. PSN - Drawdown Comparison
The maximum NVMI drawdown since its inception was -98.22%, which is greater than PSN's maximum drawdown of -64.42%. Use the drawdown chart below to compare losses from any high point for NVMI and PSN.
Loading charts...
Drawdown Indicators
| NVMI | PSN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.22% | -64.42% | -33.80% |
Max Drawdown (1Y)Largest decline over 1 year | -39.42% | -54.84% | +15.42% |
Max Drawdown (3Y)Largest decline over 3 years | -40.79% | -64.42% | +23.63% |
Max Drawdown (5Y)Largest decline over 5 years | -52.76% | -64.42% | +11.66% |
Max Drawdown (10Y)Largest decline over 10 years | -52.76% | — | — |
Current DrawdownCurrent decline from peak | -35.00% | -57.98% | +22.98% |
Average DrawdownAverage peak-to-trough decline | -51.60% | -17.41% | -34.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.46% | 28.50% | -17.04% |
Volatility
NVMI vs. PSN - Volatility Comparison
The current volatility for Nova Ltd (NVMI) is 18.45%, while Parsons Corporation (PSN) has a volatility of 46.30%. This indicates that NVMI experiences smaller price fluctuations and is considered to be less risky than PSN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NVMI | PSN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.45% | 46.30% | -27.85% |
Volatility (6M)Calculated over the trailing 6-month period | 46.50% | 55.61% | -9.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.04% | 58.69% | +0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.98% | 37.89% | +11.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.24% | 37.76% | +6.48% |
Dividends
NVMI vs. PSN - Dividend Comparison
Neither NVMI nor PSN has paid dividends to shareholders.
Financials
NVMI vs. PSN - Financials Comparison
This section allows you to compare key financial metrics between Nova Ltd and Parsons Corporation. 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
NVMI vs. PSN - Profitability Comparison
NVMI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Nova Ltd reported a gross profit of 135.69M and revenue of 235.31M. Therefore, the gross margin over that period was 57.7%.
PSN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Parsons Corporation reported a gross profit of 266.49M and revenue of 1.58B. Therefore, the gross margin over that period was 16.9%.
NVMI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Nova Ltd reported an operating income of 70.84M and revenue of 235.31M, resulting in an operating margin of 30.1%.
PSN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Parsons Corporation reported an operating income of 1.30M and revenue of 1.58B, resulting in an operating margin of 0.1%.
NVMI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Nova Ltd reported a net income of 69.26M and revenue of 235.31M, resulting in a net margin of 29.4%.
PSN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Parsons Corporation reported a net income of -15.22M and revenue of 1.58B, resulting in a net margin of -1.0%.
Frequently Asked Questions
NVMI and PSN have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSN has higher volatility (46.30%) compared to NVMI (18.45%). In terms of maximum drawdown, NVMI dropped -98.22% vs PSN's -64.42%.
NVMI currently has the higher Sharpe Ratio (0.84 vs -0.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for NVMI and PSN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer