WAVE vs. OPTT

In the year-to-date period, WAVE achieves a 1,024.19% return, which is significantly higher than OPTT's 6.17% return.

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This table presents a comparison of risk-adjusted performance metrics for Eco Wave Power Global AB (publ) (WAVE) and Ocean Power Technologies, Inc. (OPTT). 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 current WAVE Sharpe Ratio is 4.93, which is higher than the OPTT Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of WAVE and OPTT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Neither WAVE nor OPTT has paid dividends to shareholders.

The maximum WAVE drawdown since its inception was -94.47%, smaller than the maximum OPTT drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for WAVE and OPTT. For additional features, visit the drawdowns tool.

The current volatility for Eco Wave Power Global AB (publ) (WAVE) is 39.52%, while Ocean Power Technologies, Inc. (OPTT) has a volatility of 101.71%. This indicates that WAVE experiences smaller price fluctuations and is considered to be less risky than OPTT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

This section allows you to compare key financial metrics between Eco Wave Power Global AB (publ) and Ocean Power Technologies, 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.