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RUN vs. NOVA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between RUN and NOVA is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

RUN vs. NOVA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sunrun Inc. (RUN) and Sunnova Energy International Inc. (NOVA). The values are adjusted to include any dividend payments, if applicable.

-50.00%0.00%50.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
-24.60%
-38.74%
RUN
NOVA

Key characteristics

Sharpe Ratio

RUN:

-0.53

NOVA:

-0.58

Sortino Ratio

RUN:

-0.38

NOVA:

-0.52

Omega Ratio

RUN:

0.95

NOVA:

0.94

Calmar Ratio

RUN:

-0.50

NOVA:

-0.78

Martin Ratio

RUN:

-1.32

NOVA:

-1.26

Ulcer Index

RUN:

34.51%

NOVA:

58.49%

Daily Std Dev

RUN:

85.17%

NOVA:

127.22%

Max Drawdown

RUN:

-90.84%

NOVA:

-94.20%

Current Drawdown

RUN:

-89.77%

NOVA:

-93.16%

Fundamentals

Market Cap

RUN:

$2.26B

NOVA:

$524.80M

EPS

RUN:

-$1.75

NOVA:

-$3.38

Total Revenue (TTM)

RUN:

$2.04B

NOVA:

$809.98M

Gross Profit (TTM)

RUN:

$228.66M

NOVA:

$347.18M

EBITDA (TTM)

RUN:

-$42.21M

NOVA:

$86.64M

Returns By Period

In the year-to-date period, RUN achieves a -49.72% return, which is significantly higher than NOVA's -75.74% return.


RUN

YTD

-49.72%

1M

-3.24%

6M

-24.60%

1Y

-49.10%

5Y*

-7.25%

10Y*

N/A

NOVA

YTD

-75.74%

1M

-12.53%

6M

-38.74%

1Y

-75.38%

5Y*

-20.31%

10Y*

N/A

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Risk-Adjusted Performance

RUN vs. NOVA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Sunrun Inc. (RUN) and Sunnova Energy International Inc. (NOVA). 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.


Sharpe ratio
The chart of Sharpe ratio for RUN, currently valued at -0.53, compared to the broader market-4.00-2.000.002.00-0.53-0.58
The chart of Sortino ratio for RUN, currently valued at -0.38, compared to the broader market-4.00-2.000.002.004.00-0.38-0.52
The chart of Omega ratio for RUN, currently valued at 0.95, compared to the broader market0.501.001.502.000.950.94
The chart of Calmar ratio for RUN, currently valued at -0.50, compared to the broader market0.002.004.006.00-0.50-0.78
The chart of Martin ratio for RUN, currently valued at -1.32, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.32-1.26
RUN
NOVA

The current RUN Sharpe Ratio is -0.53, which is comparable to the NOVA Sharpe Ratio of -0.58. The chart below compares the historical Sharpe Ratios of RUN and NOVA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.50JulyAugustSeptemberOctoberNovemberDecember
-0.53
-0.58
RUN
NOVA

Dividends

RUN vs. NOVA - Dividend Comparison

Neither RUN nor NOVA has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

RUN vs. NOVA - Drawdown Comparison

The maximum RUN drawdown since its inception was -90.84%, roughly equal to the maximum NOVA drawdown of -94.20%. Use the drawdown chart below to compare losses from any high point for RUN and NOVA. For additional features, visit the drawdowns tool.


-95.00%-90.00%-85.00%-80.00%JulyAugustSeptemberOctoberNovemberDecember
-89.77%
-93.16%
RUN
NOVA

Volatility

RUN vs. NOVA - Volatility Comparison

The current volatility for Sunrun Inc. (RUN) is 19.99%, while Sunnova Energy International Inc. (NOVA) has a volatility of 28.52%. This indicates that RUN experiences smaller price fluctuations and is considered to be less risky than NOVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
19.99%
28.52%
RUN
NOVA

Financials

RUN vs. NOVA - Financials Comparison

This section allows you to compare key financial metrics between Sunrun Inc. and Sunnova Energy International 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


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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