NVTS vs. AMSC
Compare and contrast key facts about Navitas Semiconductor Corporation (NVTS) and American Superconductor Corporation (AMSC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVTS or AMSC.
Correlation
The correlation between NVTS and AMSC is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NVTS vs. AMSC - Performance Comparison
Key characteristics
NVTS:
-0.66
AMSC:
1.71
NVTS:
-0.84
AMSC:
2.59
NVTS:
0.91
AMSC:
1.30
NVTS:
-0.64
AMSC:
1.53
NVTS:
-1.26
AMSC:
7.19
NVTS:
46.42%
AMSC:
21.00%
NVTS:
88.33%
AMSC:
88.83%
NVTS:
-91.17%
AMSC:
-99.57%
NVTS:
-85.32%
AMSC:
-96.23%
Fundamentals
NVTS:
$640.71M
AMSC:
$1.07B
NVTS:
-$0.43
AMSC:
-$0.03
NVTS:
$65.32M
AMSC:
$136.79M
NVTS:
$21.34M
AMSC:
$38.27M
NVTS:
-$75.22M
AMSC:
$6.36M
Returns By Period
In the year-to-date period, NVTS achieves a -17.09% return, which is significantly lower than AMSC's 5.89% return.
NVTS
-17.09%
-13.95%
-38.46%
-54.81%
N/A
N/A
AMSC
5.89%
0.97%
-16.38%
157.96%
28.16%
13.18%
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Risk-Adjusted Performance
NVTS vs. AMSC — Risk-Adjusted Performance Rank
NVTS
AMSC
NVTS vs. AMSC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Navitas Semiconductor Corporation (NVTS) and American Superconductor Corporation (AMSC). 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
NVTS vs. AMSC - Dividend Comparison
Neither NVTS nor AMSC has paid dividends to shareholders.
Drawdowns
NVTS vs. AMSC - Drawdown Comparison
The maximum NVTS drawdown since its inception was -91.17%, smaller than the maximum AMSC drawdown of -99.57%. Use the drawdown chart below to compare losses from any high point for NVTS and AMSC. For additional features, visit the drawdowns tool.
Volatility
NVTS vs. AMSC - Volatility Comparison
Navitas Semiconductor Corporation (NVTS) has a higher volatility of 41.94% compared to American Superconductor Corporation (AMSC) at 21.18%. This indicates that NVTS's price experiences larger fluctuations and is considered to be riskier than AMSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NVTS vs. AMSC - Financials Comparison
This section allows you to compare key financial metrics between Navitas Semiconductor Corporation and American Superconductor 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