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NVTS vs. SNPS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NVTS and SNPS is 0.50, 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. SNPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Navitas Semiconductor Corporation (NVTS) and Synopsys, Inc. (SNPS). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NVTS:

0.15

SNPS:

-0.43

Sortino Ratio

NVTS:

2.35

SNPS:

-0.48

Omega Ratio

NVTS:

1.25

SNPS:

0.94

Calmar Ratio

NVTS:

0.44

SNPS:

-0.54

Martin Ratio

NVTS:

0.93

SNPS:

-1.09

Ulcer Index

NVTS:

43.31%

SNPS:

19.36%

Daily Std Dev

NVTS:

199.42%

SNPS:

41.73%

Max Drawdown

NVTS:

-92.04%

SNPS:

-60.95%

Current Drawdown

NVTS:

-74.70%

SNPS:

-25.32%

Fundamentals

Market Cap

NVTS:

$1.03B

SNPS:

$71.50B

EPS

NVTS:

-$0.53

SNPS:

$8.19

PS Ratio

NVTS:

13.94

SNPS:

11.49

PB Ratio

NVTS:

3.02

SNPS:

7.68

Total Revenue (TTM)

NVTS:

$74.15M

SNPS:

$4.62B

Gross Profit (TTM)

NVTS:

$24.13M

SNPS:

$3.68B

EBITDA (TTM)

NVTS:

-$106.43M

SNPS:

$1.12B

Returns By Period

In the year-to-date period, NVTS achieves a 42.86% return, which is significantly higher than SNPS's -4.40% return.


NVTS

YTD

42.86%

1M

164.25%

6M

85.45%

1Y

29.11%

3Y*

-13.79%

5Y*

N/A

10Y*

N/A

SNPS

YTD

-4.40%

1M

1.08%

6M

-16.92%

1Y

-17.84%

3Y*

13.28%

5Y*

20.73%

10Y*

24.91%

*Annualized

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Navitas Semiconductor Corporation

Synopsys, Inc.

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Risk-Adjusted Performance

NVTS vs. SNPS — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NVTS
The Risk-Adjusted Performance Rank of NVTS is 7272
Overall Rank
The Sharpe Ratio Rank of NVTS is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of NVTS is 8989
Sortino Ratio Rank
The Omega Ratio Rank of NVTS is 8282
Omega Ratio Rank
The Calmar Ratio Rank of NVTS is 7070
Calmar Ratio Rank
The Martin Ratio Rank of NVTS is 6363
Martin Ratio Rank

SNPS
The Risk-Adjusted Performance Rank of SNPS is 2222
Overall Rank
The Sharpe Ratio Rank of SNPS is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of SNPS is 2222
Sortino Ratio Rank
The Omega Ratio Rank of SNPS is 2222
Omega Ratio Rank
The Calmar Ratio Rank of SNPS is 1616
Calmar Ratio Rank
The Martin Ratio Rank of SNPS is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NVTS vs. SNPS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Navitas Semiconductor Corporation (NVTS) and Synopsys, Inc. (SNPS). 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.


The current NVTS Sharpe Ratio is 0.15, which is higher than the SNPS Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of NVTS and SNPS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

NVTS vs. SNPS - Dividend Comparison

Neither NVTS nor SNPS has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

NVTS vs. SNPS - Drawdown Comparison

The maximum NVTS drawdown since its inception was -92.04%, which is greater than SNPS's maximum drawdown of -60.95%. Use the drawdown chart below to compare losses from any high point for NVTS and SNPS.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

NVTS vs. SNPS - Volatility Comparison

Navitas Semiconductor Corporation (NVTS) has a higher volatility of 108.28% compared to Synopsys, Inc. (SNPS) at 13.07%. This indicates that NVTS's price experiences larger fluctuations and is considered to be riskier than SNPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

NVTS vs. SNPS - Financials Comparison

This section allows you to compare key financial metrics between Navitas Semiconductor Corporation and Synopsys, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00500.00M1.00B1.50B20212022202320242025
14.02M
1.46B
(NVTS) Total Revenue
(SNPS) Total Revenue
Values in USD except per share items