NVMI vs. WFRD
Compare and contrast key facts about Nova Ltd (NVMI) and Weatherford International plc (WFRD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVMI or WFRD.
Correlation
The correlation between NVMI and WFRD is 0.22, 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. WFRD - Performance Comparison
Key characteristics
NVMI:
0.94
WFRD:
-0.69
NVMI:
1.51
WFRD:
-0.80
NVMI:
1.21
WFRD:
0.90
NVMI:
1.62
WFRD:
-0.60
NVMI:
3.57
WFRD:
-1.36
NVMI:
13.41%
WFRD:
21.94%
NVMI:
51.12%
WFRD:
42.99%
NVMI:
-98.22%
WFRD:
-55.23%
NVMI:
-20.84%
WFRD:
-49.75%
Fundamentals
NVMI:
$5.74B
WFRD:
$5.20B
NVMI:
$5.33
WFRD:
$7.15
NVMI:
37.08
WFRD:
10.02
NVMI:
0.00
WFRD:
0.89
NVMI:
$611.85M
WFRD:
$5.53B
NVMI:
$351.17M
WFRD:
$1.90B
NVMI:
$183.03M
WFRD:
$1.28B
Returns By Period
In the year-to-date period, NVMI achieves a 40.86% return, which is significantly higher than WFRD's -31.04% return.
NVMI
40.86%
11.11%
-15.45%
42.94%
38.52%
34.47%
WFRD
-31.04%
-21.35%
-41.89%
-30.16%
N/A
N/A
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Risk-Adjusted Performance
NVMI vs. WFRD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nova Ltd (NVMI) and Weatherford International plc (WFRD). 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. WFRD - Dividend Comparison
NVMI has not paid dividends to shareholders, while WFRD's dividend yield for the trailing twelve months is around 0.75%.
| TTM | |
|---|---|
NVMI Nova Ltd | 0.00% |
WFRD Weatherford International plc | 0.75% |
Drawdowns
NVMI vs. WFRD - Drawdown Comparison
The maximum NVMI drawdown since its inception was -98.22%, which is greater than WFRD's maximum drawdown of -55.23%. Use the drawdown chart below to compare losses from any high point for NVMI and WFRD. For additional features, visit the drawdowns tool.
Volatility
NVMI vs. WFRD - Volatility Comparison
Nova Ltd (NVMI) and Weatherford International plc (WFRD) have volatilities of 11.82% and 11.64%, 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. WFRD - Financials Comparison
This section allows you to compare key financial metrics between Nova Ltd and Weatherford International plc. 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