PLUG vs. NVAX
Compare and contrast key facts about Plug Power Inc. (PLUG) and Novavax, Inc. (NVAX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLUG or NVAX.
Correlation
The correlation between PLUG and NVAX 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
PLUG vs. NVAX - Performance Comparison
Key characteristics
PLUG:
-0.50
NVAX:
0.47
PLUG:
-0.34
NVAX:
2.14
PLUG:
0.96
NVAX:
1.26
PLUG:
-0.50
NVAX:
0.68
PLUG:
-1.12
NVAX:
1.89
PLUG:
44.38%
NVAX:
35.55%
PLUG:
98.91%
NVAX:
142.65%
PLUG:
-99.99%
NVAX:
-98.82%
PLUG:
-99.85%
NVAX:
-97.30%
Fundamentals
PLUG:
$2.24B
NVAX:
$1.44B
PLUG:
-$2.11
NVAX:
-$2.18
PLUG:
-0.27
NVAX:
0.00
PLUG:
$659.51M
NVAX:
$885.19M
PLUG:
-$612.64M
NVAX:
$590.85M
PLUG:
-$1.31B
NVAX:
-$216.36M
Returns By Period
In the year-to-date period, PLUG achieves a -50.67% return, which is significantly lower than NVAX's 79.79% return. Over the past 10 years, PLUG has outperformed NVAX with an annualized return of -3.13%, while NVAX has yielded a comparatively lower -23.14% annualized return.
PLUG
-50.67%
11.56%
-15.91%
-49.66%
-5.48%
-3.13%
NVAX
79.79%
10.22%
-37.40%
65.01%
16.62%
-23.14%
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Risk-Adjusted Performance
PLUG vs. NVAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Plug Power Inc. (PLUG) and Novavax, Inc. (NVAX). 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
PLUG vs. NVAX - Dividend Comparison
Neither PLUG nor NVAX has paid dividends to shareholders.
Drawdowns
PLUG vs. NVAX - Drawdown Comparison
The maximum PLUG drawdown since its inception was -99.99%, roughly equal to the maximum NVAX drawdown of -98.82%. Use the drawdown chart below to compare losses from any high point for PLUG and NVAX. For additional features, visit the drawdowns tool.
Volatility
PLUG vs. NVAX - Volatility Comparison
Plug Power Inc. (PLUG) has a higher volatility of 31.93% compared to Novavax, Inc. (NVAX) at 17.24%. This indicates that PLUG's price experiences larger fluctuations and is considered to be riskier than NVAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PLUG vs. NVAX - Financials Comparison
This section allows you to compare key financial metrics between Plug Power Inc. and Novavax, 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.
Total Revenue: Total amount of money received from sales and other business activities