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TPIC vs. NXT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between TPIC and NXT is 0.34, 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.


-0.50.00.51.00.3

Performance

TPIC vs. NXT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TPI Composites, Inc. (TPIC) and Nextracker Inc (NXT). The values are adjusted to include any dividend payments, if applicable.

-60.00%-40.00%-20.00%0.00%20.00%SeptemberOctoberNovemberDecember2025February
-66.74%
22.02%
TPIC
NXT

Key characteristics

Sharpe Ratio

TPIC:

-0.40

NXT:

-0.37

Sortino Ratio

TPIC:

-0.04

NXT:

-0.22

Omega Ratio

TPIC:

1.00

NXT:

0.98

Calmar Ratio

TPIC:

-0.56

NXT:

-0.44

Martin Ratio

TPIC:

-1.33

NXT:

-0.72

Ulcer Index

TPIC:

41.42%

NXT:

29.44%

Daily Std Dev

TPIC:

137.51%

NXT:

57.73%

Max Drawdown

TPIC:

-98.48%

NXT:

-48.61%

Current Drawdown

TPIC:

-98.32%

NXT:

-21.97%

Fundamentals

Market Cap

TPIC:

$62.78M

NXT:

$6.80B

EPS

TPIC:

-$0.15

NXT:

$4.17

PEG Ratio

TPIC:

0.76

NXT:

4.40

Total Revenue (TTM)

TPIC:

$989.64M

NXT:

$2.77B

Gross Profit (TTM)

TPIC:

-$51.91M

NXT:

$1.04B

EBITDA (TTM)

TPIC:

-$63.41M

NXT:

$745.16M

Returns By Period

In the year-to-date period, TPIC achieves a -30.16% return, which is significantly lower than NXT's 29.48% return.


TPIC

YTD

-30.16%

1M

-10.20%

6M

-66.75%

1Y

-58.62%

5Y*

-44.36%

10Y*

N/A

NXT

YTD

29.48%

1M

10.55%

6M

22.02%

1Y

-21.53%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

TPIC vs. NXT — Risk-Adjusted Performance Rank

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

TPIC
The Risk-Adjusted Performance Rank of TPIC is 2121
Overall Rank
The Sharpe Ratio Rank of TPIC is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of TPIC is 3030
Sortino Ratio Rank
The Omega Ratio Rank of TPIC is 3030
Omega Ratio Rank
The Calmar Ratio Rank of TPIC is 1414
Calmar Ratio Rank
The Martin Ratio Rank of TPIC is 99
Martin Ratio Rank

NXT
The Risk-Adjusted Performance Rank of NXT is 2626
Overall Rank
The Sharpe Ratio Rank of NXT is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of NXT is 2626
Sortino Ratio Rank
The Omega Ratio Rank of NXT is 2727
Omega Ratio Rank
The Calmar Ratio Rank of NXT is 2020
Calmar Ratio Rank
The Martin Ratio Rank of NXT is 3030
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.

TPIC vs. NXT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for TPI Composites, Inc. (TPIC) and Nextracker Inc (NXT). 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 TPIC, currently valued at -0.40, compared to the broader market-2.000.002.004.00-0.40-0.37
The chart of Sortino ratio for TPIC, currently valued at -0.05, compared to the broader market-6.00-4.00-2.000.002.004.006.00-0.05-0.22
The chart of Omega ratio for TPIC, currently valued at 0.99, compared to the broader market0.501.001.502.000.990.98
The chart of Calmar ratio for TPIC, currently valued at -0.60, compared to the broader market0.002.004.006.00-0.60-0.44
The chart of Martin ratio for TPIC, currently valued at -1.31, compared to the broader market-10.000.0010.0020.0030.00-1.31-0.72
TPIC
NXT

The current TPIC Sharpe Ratio is -0.40, which is comparable to the NXT Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of TPIC and NXT, 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-0.500.000.50SeptemberOctoberNovemberDecember2025February
-0.40
-0.37
TPIC
NXT

Dividends

TPIC vs. NXT - Dividend Comparison

Neither TPIC nor NXT has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

TPIC vs. NXT - Drawdown Comparison

The maximum TPIC drawdown since its inception was -98.48%, which is greater than NXT's maximum drawdown of -48.61%. Use the drawdown chart below to compare losses from any high point for TPIC and NXT. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%SeptemberOctoberNovemberDecember2025February
-90.84%
-21.97%
TPIC
NXT

Volatility

TPIC vs. NXT - Volatility Comparison

TPI Composites, Inc. (TPIC) has a higher volatility of 26.15% compared to Nextracker Inc (NXT) at 18.77%. This indicates that TPIC's price experiences larger fluctuations and is considered to be riskier than NXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


20.00%40.00%60.00%80.00%SeptemberOctoberNovemberDecember2025February
26.15%
18.77%
TPIC
NXT

Financials

TPIC vs. NXT - Financials Comparison

This section allows you to compare key financial metrics between TPI Composites, Inc. and Nextracker 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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