AIRTP vs ELVA
Comparison between Air T Inc (AIRTP, Company) and Electrovaya Inc (ELVA, Company).
Both AIRTP and ELVA are from the Industrials sector.
5-Year PerformanceELVA has outperformed AIRTP, delivering a return of +15.5% compared to +4.5%
AIRTP vs ELVA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
AIRTP vs ELVA - Historical Returns
Returns include dividend reinvestment.
AIRTP vs ELVA - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | AIRTP | ELVA |
|---|---|---|
| 2026 | +2.69% | +8.84% |
| 2025 | +28.71% | +209.80% |
| 2024 | +13.61% | -20.13% |
| 2023 | -13.07% | -15.59% |
| 2022 | -5.26% | -1.61% |
| 2021 | +3.16% | -38.46% |
| 2020 | +9.46% | +742.86% |
| 2019 | +25.45% | +36.36% |
| 2018 | N/A | -77.98% |
| 2017 | N/A | -68.48% |
| 2016 | N/A | +221.25% |
AIRTP vs ELVA Drawdown Comparison
The maximum drawdown for AIRTP was -34.36%, occurring on Mar 30, 2020. Recovery took 405 trading sessions.
The maximum drawdown for ELVA was -96.90%, occurring on Dec 26, 2018. This drawdown has not yet recovered.
The current AIRTP drawdown is -4.95%. The current ELVA drawdown is -46.48%.
| Rank | AIRTP | ELVA |
|---|---|---|
| #1 | -34.36% Jun 12, 2019 - Jan 20, 2021 | -96.90% Jul 6, 2016 - Dec 26, 2018 |
| #2 | -30.45% Feb 16, 2023 - Jul 25, 2025 | -39.69% Apr 19, 2016 - Jun 1, 2016 |
| #3 | -15.35% Nov 16, 2021 - Jan 27, 2023 | -29.16% Jun 20, 2016 - Jul 6, 2016 |
| #4 | -9.27% May 13, 2026 - Jun 15, 2026 | -15.70% Jan 12, 2016 - Feb 10, 2016 |
| #5 | -9.12% Jan 20, 2021 - Aug 26, 2021 | -14.59% Jun 3, 2016 - Jun 15, 2016 |
| #6 | -8.90% Feb 20, 2026 - May 6, 2026 | -14.43% Mar 18, 2016 - Apr 11, 2016 |
| #7 | -7.37% Jan 27, 2023 - Feb 14, 2023 | -5.20% Feb 16, 2016 - Mar 1, 2016 |
| #8 | -5.99% Jul 6, 2026 - Jul 16, 2026 | -2.30% Mar 14, 2016 - Mar 17, 2016 |
| #9 | -5.92% Jul 25, 2025 - Aug 15, 2025 | -1.23% Apr 12, 2016 - Apr 15, 2016 |
| #10 | -4.76% Jun 15, 2026 - Jul 6, 2026 | -0.93% Mar 4, 2016 - Mar 10, 2016 |
| #11 | -4.33% Jan 13, 2026 - Jan 22, 2026 | -0.90% Feb 10, 2016 - Feb 16, 2016 |
| #12 | -4.26% Aug 15, 2025 - Sep 9, 2025 | -0.49% Apr 15, 2016 - Apr 19, 2016 |
| #13 | -3.37% Aug 26, 2021 - Nov 9, 2021 | -0.46% Mar 10, 2016 - Mar 14, 2016 |
| #14 | -3.30% Sep 15, 2025 - Nov 6, 2025 | N/A |
| #15 | -2.34% Jan 22, 2026 - Feb 3, 2026 | N/A |
Correlation
Correlation between AIRTP and ELVA is 0.79 which considered as a strong positive correlation - the stocks tend to move together.
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