ALVO vs ENVX
Comparison between Alvotech (ALVO, Company) and Enovix Corporation (ENVX, Company).
ALVO is from the Healthcare sector, while ENVX is from the Industrials sector.
ALVO vs ENVX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
ALVO
$1.12B
ENVX
$1.11B
Max Drawdown
Winner
ALVO
82.63%
ENVX
85.00%
Sharpe Ratio
ALVO
-1.01
Winner
ENVX
-0.68
5Y Beta
Winner
ALVO
0.80
ENVX
2.69
Industry
ALVO
Drug Manufacturers - Specialty & Generic
ENVX
Electrical Equipment & Parts
P/E Ratio
Winner
ALVO
-11.23
ENVX
-6.48
Forward P/E
ALVO
7.91
ENVX
N/A
5Y EPS CAGR
ALVO
-18.97%
ENVX
N/A
Debt to Equity
Winner
ALVO
-516.20%
ENVX
216.22%
Free Cash Flow Yield
ALVO
-18.85%
Winner
ENVX
-11.38%
ALVO vs ENVX - Historical Returns
Returns include dividend reinvestment.
1M
Winner
ALVO
-12.92%
ENVX
-29.11%
3M
Winner
ALVO
-6.91%
ENVX
-28.13%
6M
Winner
ALVO
-31.50%
ENVX
-42.96%
1Y
Winner
ALVO
-59.98%
ENVX
-64.43%
5Y(CAGR)
ALVO
-25.47%
Winner
ENVX
-21.22%
Max(CAGR)
ALVO
-25.47%
Winner
ENVX
-14.24%
ALVO vs ENVX - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | ALVO | ENVX |
|---|---|---|
| 2026 | -32.60% | -40.43% |
| 2025 | -61.02% | -31.01% |
| 2024 | +16.46% | -11.05% |
| 2023 | +14.69% | +3.30% |
| 2022 | -10.63% | -54.20% |
| 2021 | N/A | +117.37% |
ALVO vs ENVX Drawdown Comparison
The maximum drawdown for ALVO was -82.63%, occurring on Jun 2, 2026. This drawdown has not yet recovered.
The maximum drawdown for ENVX was -85.00%, occurring on Jul 16, 2026. This drawdown has not yet recovered.
The current ALVO drawdown is -80.49%. The current ENVX drawdown is -85.00%.
| Rank | ALVO | ENVX |
|---|---|---|
| #1 | -82.63% Feb 26, 2024 - Jun 2, 2026 | -85.00% Nov 19, 2021 - Jul 16, 2026 |
| #2 | -50.82% Mar 2, 2023 - Jan 19, 2024 | -44.57% Jul 2, 2021 - Oct 28, 2021 |
| #3 | -50.58% Jun 16, 2022 - Jan 9, 2023 | -42.74% Feb 22, 2021 - Jun 28, 2021 |
| #4 | -8.17% Jan 13, 2023 - Feb 6, 2023 | -16.67% Jan 22, 2021 - Feb 3, 2021 |
| #5 | -2.95% Feb 1, 2024 - Feb 20, 2024 | -9.05% Jan 7, 2021 - Jan 19, 2021 |
| #6 | -2.50% Feb 20, 2024 - Feb 23, 2024 | -9.03% Nov 3, 2021 - Nov 11, 2021 |
| #7 | -1.71% Feb 16, 2023 - Feb 24, 2023 | -5.52% Feb 8, 2021 - Feb 22, 2021 |
| #8 | -1.42% Feb 10, 2023 - Feb 16, 2023 | -3.46% Nov 12, 2021 - Nov 16, 2021 |
| #9 | -0.83% Jan 10, 2023 - Jan 13, 2023 | -1.84% Nov 16, 2021 - Nov 18, 2021 |
| #10 | -0.79% Jan 29, 2024 - Jan 31, 2024 | -1.27% Feb 3, 2021 - Feb 5, 2021 |
| #11 | -0.43% Feb 27, 2023 - Mar 1, 2023 | -0.26% Oct 28, 2021 - Nov 1, 2021 |
| #12 | -0.07% Jan 23, 2024 - Jan 26, 2024 | -0.07% Jan 19, 2021 - Jan 21, 2021 |
Correlation
Correlation between ALVO and ENVX is 0.09 which considered as a very weak or no correlation - the stocks move independently of each other.
0.09
-101
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