ABCB vs NOVT
Comparison between Ameris Bancorp (ABCB, Company) and Novanta Inc (NOVT, Company).
ABCB is from the Financial Services sector, while NOVT is from the Technology sector.
5-Year PerformanceABCB has outperformed NOVT, delivering a return of +10.6% compared to +3.2%
ABCB vs NOVT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ABCB vs NOVT - Historical Returns
Returns include dividend reinvestment.
ABCB vs NOVT - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ABCB | NOVT |
|---|---|---|
| 2026 | +16.68% | +44.55% |
| 2025 | +23.24% | -21.16% |
| 2024 | +21.39% | -7.02% |
| 2023 | +16.34% | +24.91% |
| 2022 | -7.07% | -21.81% |
| 2021 | +31.91% | +49.84% |
| 2020 | -8.83% | +29.17% |
| 2019 | +34.84% | +38.01% |
| 2018 | -34.17% | +24.75% |
| 2017 | +11.23% | +132.02% |
| 2016 | +35.10% | +58.85% |
| 2015 | +35.46% | N/A |
| 2014 | +23.53% | N/A |
| 2013 | +64.54% | N/A |
| 2012 | +18.16% | N/A |
| 2011 | -5.25% | N/A |
| 2010 | +47.82% | N/A |
| 2009 | -34.57% | N/A |
| 2008 | -23.62% | N/A |
| 2007 | -38.15% | N/A |
| 2006 | +46.25% | N/A |
| 2005 | +19.67% | N/A |
| 2004 | +31.98% | N/A |
| 2003 | +25.74% | N/A |
| 2002 | -1.79% | N/A |
| 2001 | +48.11% | N/A |
| 2000 | -8.65% | N/A |
| 1999 | -0.96% | N/A |
ABCB vs NOVT Drawdown Comparison
The maximum drawdown for ABCB was -86.62%, occurring on Mar 5, 2009. Recovery took 2035 trading sessions.
The maximum drawdown for NOVT was -46.71%, occurring on Nov 20, 2025. This drawdown has not yet recovered.
The current ABCB drawdown is -1.33%. The current NOVT drawdown is -13.72%.
| Rank | ABCB | NOVT |
|---|---|---|
| #1 | -86.62% Oct 10, 2006 - Nov 10, 2014 | -46.71% Jul 16, 2024 - Nov 20, 2025 |
| #2 | -67.21% Mar 9, 2018 - Mar 15, 2021 | -38.60% Nov 4, 2021 - Jun 29, 2023 |
| #3 | -49.08% May 21, 2021 - Jul 15, 2024 | -34.98% Jul 17, 2023 - Jul 16, 2024 |
| #4 | -29.49% Nov 25, 2024 - Aug 22, 2025 | -31.80% Feb 13, 2020 - May 20, 2020 |
| #5 | -29.47% Apr 10, 2002 - Jul 7, 2003 | -27.81% Aug 27, 2018 - Feb 22, 2019 |
| #6 | -29.01% Dec 15, 1999 - Feb 15, 2001 | -24.96% Jun 28, 2019 - Jan 13, 2020 |
| #7 | -28.05% Dec 29, 2015 - Aug 31, 2016 | -19.00% Nov 21, 2017 - Jan 16, 2018 |
| #8 | -17.96% Jun 29, 2004 - Oct 1, 2004 | -18.56% Jan 26, 2018 - Apr 17, 2018 |
| #9 | -16.02% Jul 3, 2017 - Oct 6, 2017 | -16.09% Aug 6, 2020 - Oct 9, 2020 |
| #10 | -15.16% Dec 23, 2004 - Feb 25, 2005 | -15.54% Feb 12, 2021 - Aug 11, 2021 |
| #11 | -13.92% Nov 12, 2014 - Mar 12, 2015 | -11.81% Jun 5, 2020 - Aug 6, 2020 |
| #12 | -13.85% Feb 6, 2026 - May 5, 2026 | -11.56% Apr 12, 2019 - Jun 18, 2019 |
| #13 | -13.57% Mar 19, 2021 - May 4, 2021 | -11.54% Jun 14, 2018 - Jul 20, 2018 |
| #14 | -12.95% Apr 19, 2006 - Jul 26, 2006 | -11.40% Jan 5, 2016 - Mar 4, 2016 |
| #15 | -12.84% Apr 12, 2001 - Jul 24, 2001 | -11.16% Sep 24, 2021 - Oct 22, 2021 |
Correlation
Correlation between ABCB and NOVT is 0.44 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
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