OPTT vs. WAVE

In the year-to-date period, OPTT achieves a -57.84% return, which is significantly lower than WAVE's -43.09% return.

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This table presents a comparison of risk-adjusted performance metrics for Ocean Power Technologies, Inc. (OPTT) and Eco Wave Power Global AB (publ) (WAVE). 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 OPTT Sharpe Ratio is 0.60, which is comparable to the WAVE Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of OPTT and WAVE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Neither OPTT nor WAVE has paid dividends to shareholders.

The maximum OPTT drawdown since its inception was -100.00%, which is greater than WAVE's maximum drawdown of -94.47%. Use the drawdown chart below to compare losses from any high point for OPTT and WAVE. For additional features, visit the drawdowns tool.

Ocean Power Technologies, Inc. (OPTT) has a higher volatility of 33.04% compared to Eco Wave Power Global AB (publ) (WAVE) at 26.47%. This indicates that OPTT's price experiences larger fluctuations and is considered to be riskier than WAVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

This section allows you to compare key financial metrics between Ocean Power Technologies, Inc. and Eco Wave Power Global AB (publ). You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.