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

Correlation

The correlation between SEDG and NOVA is 0.40, 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.


-0.50.00.51.0
Correlation: 0.4

Performance

SEDG vs. NOVA - Performance Comparison

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

-100.00%-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%NovemberDecember2025FebruaryMarchApril
-81.43%
-98.13%
SEDG
NOVA

Key characteristics

Sharpe Ratio

SEDG:

-0.79

NOVA:

-0.61

Sortino Ratio

SEDG:

-1.41

NOVA:

-1.27

Omega Ratio

SEDG:

0.84

NOVA:

0.83

Calmar Ratio

SEDG:

-0.81

NOVA:

-0.95

Martin Ratio

SEDG:

-1.21

NOVA:

-1.64

Ulcer Index

SEDG:

64.70%

NOVA:

57.67%

Daily Std Dev

SEDG:

99.23%

NOVA:

155.06%

Max Drawdown

SEDG:

-97.16%

NOVA:

-99.67%

Current Drawdown

SEDG:

-96.82%

NOVA:

-99.61%

Fundamentals

Market Cap

SEDG:

$770.83M

NOVA:

$28.48M

EPS

SEDG:

-$28.89

NOVA:

-$2.77

PS Ratio

SEDG:

0.86

NOVA:

0.03

PB Ratio

SEDG:

1.17

NOVA:

0.02

Total Revenue (TTM)

SEDG:

$722.52M

NOVA:

$679.02M

Gross Profit (TTM)

SEDG:

-$821.81M

NOVA:

$207.52M

EBITDA (TTM)

SEDG:

-$1.49B

NOVA:

$146.97M

Returns By Period

In the year-to-date period, SEDG achieves a -13.86% return, which is significantly higher than NOVA's -93.87% return.


SEDG

YTD

-13.86%

1M

-32.24%

6M

-23.21%

1Y

-79.75%

5Y*

-35.06%

10Y*

-7.48%

NOVA

YTD

-93.87%

1M

-41.75%

6M

-95.96%

1Y

-94.65%

5Y*

-55.04%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

SEDG vs. NOVA — Risk-Adjusted Performance Rank

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

SEDG
The Risk-Adjusted Performance Rank of SEDG is 1111
Overall Rank
The Sharpe Ratio Rank of SEDG is 1111
Sharpe Ratio Rank
The Sortino Ratio Rank of SEDG is 77
Sortino Ratio Rank
The Omega Ratio Rank of SEDG is 1010
Omega Ratio Rank
The Calmar Ratio Rank of SEDG is 55
Calmar Ratio Rank
The Martin Ratio Rank of SEDG is 2020
Martin Ratio Rank

NOVA
The Risk-Adjusted Performance Rank of NOVA is 99
Overall Rank
The Sharpe Ratio Rank of NOVA is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of NOVA is 99
Sortino Ratio Rank
The Omega Ratio Rank of NOVA is 99
Omega Ratio Rank
The Calmar Ratio Rank of NOVA is 11
Calmar Ratio Rank
The Martin Ratio Rank of NOVA is 55
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.

SEDG vs. NOVA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SolarEdge Technologies, Inc. (SEDG) 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.


The chart of Sharpe ratio for SEDG, currently valued at -0.79, compared to the broader market-2.00-1.000.001.002.003.00
SEDG: -0.79
NOVA: -0.61
The chart of Sortino ratio for SEDG, currently valued at -1.41, compared to the broader market-6.00-4.00-2.000.002.004.00
SEDG: -1.41
NOVA: -1.27
The chart of Omega ratio for SEDG, currently valued at 0.84, compared to the broader market0.501.001.502.00
SEDG: 0.84
NOVA: 0.83
The chart of Calmar ratio for SEDG, currently valued at -0.81, compared to the broader market0.001.002.003.004.005.00
SEDG: -0.81
NOVA: -0.95
The chart of Martin ratio for SEDG, currently valued at -1.21, compared to the broader market-10.00-5.000.005.0010.0015.0020.00
SEDG: -1.21
NOVA: -1.64

The current SEDG Sharpe Ratio is -0.79, which is comparable to the NOVA Sharpe Ratio of -0.61. The chart below compares the historical Sharpe Ratios of SEDG 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-1.00-0.80-0.60-0.40-0.20NovemberDecember2025FebruaryMarchApril
-0.79
-0.61
SEDG
NOVA

Dividends

SEDG vs. NOVA - Dividend Comparison

Neither SEDG nor NOVA has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

SEDG vs. NOVA - Drawdown Comparison

The maximum SEDG drawdown since its inception was -97.16%, roughly equal to the maximum NOVA drawdown of -99.67%. Use the drawdown chart below to compare losses from any high point for SEDG and NOVA. For additional features, visit the drawdowns tool.


-100.00%-98.00%-96.00%-94.00%-92.00%-90.00%-88.00%-86.00%NovemberDecember2025FebruaryMarchApril
-96.82%
-99.61%
SEDG
NOVA

Volatility

SEDG vs. NOVA - Volatility Comparison

The current volatility for SolarEdge Technologies, Inc. (SEDG) is 37.53%, while Sunnova Energy International Inc. (NOVA) has a volatility of 45.98%. This indicates that SEDG 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%100.00%120.00%NovemberDecember2025FebruaryMarchApril
37.53%
45.98%
SEDG
NOVA

Financials

SEDG vs. NOVA - Financials Comparison

This section allows you to compare key financial metrics between SolarEdge Technologies, 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