SCS vs. NEOV

Last updated Jun 9, 2026

SCS (Steelcase Inc.) and NEOV (NeoVolta Inc. Common Stock) are both stocks. Both are in the Industrials sector — SCS in Business Equipment & Supplies, NEOV in Electrical Equipment & Parts. At a 0.09 correlation, their price movements are largely independent.

Performance

SCS vs. NEOV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Steelcase Inc. (SCS) and NeoVolta Inc. Common Stock (NEOV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SCS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NEOV

• 1D: 0.51%
• 1M: -25.38%
• YTD: -35.20%
• 6M: -43.39%
• 1Y: -35.62%
• 3Y*: -13.27%
• 5Y*: -22.17%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SCS vs. NEOV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SCS Steelcase Inc.	0.00%	39.89%	-9.11%	97.75%	-36.31%	-9.87%	25.61%
NEOV NeoVolta Inc. Common Stock	-35.20%	-41.65%	225.62%	-42.65%	-60.20%	60.78%	237.98%

Correlation

The correlation between SCS and NEOV is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (All Time) Calculated using the full available price history since May 21, 2020	0.09

The correlation between SCS and NEOV shifts across timeframes, from -0.02 (1 year) to 0.12 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap SCS : $1.93B NEOV : $79.17M
EPS SCS : $0.80 NEOV : -$0.32
PS Ratio SCS : 0.59 NEOV : 4.40
PB Ratio SCS : 1.89 NEOV : 3.57
Total Revenue (TTM) SCS : $3.26B NEOV : $16.05M
Gross Profit (TTM) SCS : $1.09B NEOV : $3.74M
EBITDA (TTM) SCS : $208.30M NEOV : -$9.07M

Return for Risk

SCS vs. NEOV — Risk / Return Rank

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

NEOV

NEOV Risk / Return Rank: 31
NEOV Sharpe Ratio Rank: 30
NEOV Sortino Ratio Rank: 40
NEOV Omega Ratio Rank: 40
NEOV Calmar Ratio Rank: 25
NEOV Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SCS vs. NEOV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Steelcase Inc. (SCS) and NeoVolta Inc. Common Stock (NEOV). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SCS	NEOV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.29	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.08	—

Drawdowns

Drawdown Indicators

	SCS	NEOV	Difference
Max Drawdown Largest peak-to-trough decline	—	-90.38%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-73.60%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-84.32%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-90.38%	—
Current Drawdown Current decline from peak	—	-72.52%	—
Average Drawdown Average peak-to-trough decline	—	-38.92%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	35.68%	—

Volatility

Volatility by Period

	SCS	NEOV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	71.79%	—
Volatility (6M) Calculated over the trailing 6-month period	—	102.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	121.65%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	93.71%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	86.56%	—

Dividends

SCS vs. NEOV - Dividend Comparison

Neither SCS nor NEOV has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NEOV NeoVolta Inc. Common Stock	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCS Steelcase Inc.	1.24%	1.86%	4.23%	2.22%	6.93%	4.56%	2.73%	2.83%	3.64%	3.36%	3.31%	2.27%

Financials

Frequently Asked Questions

Can I hold both SCS and NEOV in my portfolio?

SCS and NEOV have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.