FWDI vs NOAC
Comparison between Forward Industries Inc (FWDI, Company) and Natural Order Acquisition Corp (NOAC, Company).
FWDI vs NOAC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
FWDI
$290M
NOAC
$289M
Max Drawdown
FWDI
98.85%
Winner
NOAC
15.13%
Sharpe Ratio
Winner
FWDI
-0.25
NOAC
-0.53
5Y Beta
FWDI
0.91
NOAC
N/A
Industry
FWDI
Footwear & Accessories
NOAC
N/A
P/E Ratio
Winner
FWDI
-1.96
NOAC
89.34
Forward P/E
FWDI
44.44
NOAC
N/A
PEG Ratio
FWDI
2.53
NOAC
N/A
Debt to Equity
FWDI
0.00%
NOAC
0.00%
Free Cash Flow Yield
FWDI
-5.01%
Winner
NOAC
-0.63%
P/S Ratio
FWDI
6.25
NOAC
N/A
P/B Ratio
FWDI
0.54
Winner
NOAC
-36.95
FWDI vs NOAC - Historical Returns
Returns include dividend reinvestment.
1M
FWDI
-2.49%
Winner
NOAC
+0.70%
3M
FWDI
-10.74%
Winner
NOAC
+1.31%
6M
FWDI
-36.59%
Winner
NOAC
+2.03%
1Y
FWDI
-62.69%
Winner
NOAC
+2.76%
5Y(CAGR)
FWDI
-30.95%
NOAC
N/A
10Y(CAGR)
FWDI
-12.01%
NOAC
N/A
Max(CAGR)
FWDI
-6.78%
Winner
NOAC
-1.05%
FWDI vs NOAC - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | FWDI | NOAC |
|---|---|---|
| 2026 | -43.71% | N/A |
| 2025 | +31.94% | N/A |
| 2024 | -31.35% | N/A |
| 2023 | -29.18% | N/A |
| 2022 | -34.66% | +2.44% |
| 2021 | -17.02% | -4.20% |
| 2020 | +80.20% | N/A |
| 2019 | -26.12% | N/A |
| 2018 | +4.00% | N/A |
| 2017 | +3.36% | N/A |
| 2016 | -12.59% | N/A |
| 2015 | +43.69% | N/A |
| 2014 | -36.97% | N/A |
| 2013 | +2.65% | N/A |
| 2012 | -11.38% | N/A |
| 2011 | -45.78% | N/A |
| 2010 | +58.62% | N/A |
| 2009 | -6.67% | N/A |
| 2008 | -5.91% | N/A |
| 2007 | -45.01% | N/A |
| 2006 | -54.11% | N/A |
| 2005 | +114.46% | N/A |
| 2004 | +50.90% | N/A |
| 2003 | +110.53% | N/A |
| 2002 | +10.10% | N/A |
| 2001 | -13.00% | N/A |
| 2000 | -69.39% | N/A |
| 1999 | +20.91% | N/A |
FWDI vs NOAC Drawdown Comparison
The maximum drawdown for FWDI was -98.85%, occurring on Sep 24, 2024. This drawdown has not yet recovered.
The maximum drawdown for NOAC was -15.13%, occurring on Aug 13, 2021. This drawdown has not yet recovered.
The current FWDI drawdown is -98.57%. The current NOAC drawdown is -11.52%.
| Rank | FWDI | NOAC |
|---|---|---|
| #1 | -98.85% Sep 8, 2005 - Sep 24, 2024 | -15.13% Feb 3, 2021 - Aug 13, 2021 |
| #2 | -85.50% Jan 27, 2000 - Dec 22, 2004 | N/A |
| #3 | -34.71% Apr 6, 2005 - May 9, 2005 | N/A |
| #4 | -30.48% Jun 6, 2005 - Jul 25, 2005 | N/A |
| #5 | -25.93% Dec 13, 1999 - Jan 25, 2000 | N/A |
| #6 | -18.17% Feb 3, 2005 - Mar 1, 2005 | N/A |
| #7 | -17.89% Aug 3, 2005 - Sep 8, 2005 | N/A |
| #8 | -17.77% Jan 24, 2005 - Feb 3, 2005 | N/A |
| #9 | -17.74% Dec 28, 2004 - Jan 20, 2005 | N/A |
| #10 | -15.71% Mar 2, 2005 - Mar 15, 2005 | N/A |
| #11 | -15.16% Nov 10, 1999 - Dec 9, 1999 | N/A |
| #12 | -8.84% May 26, 2005 - Jun 6, 2005 | N/A |
| #13 | -8.51% Nov 2, 1999 - Nov 10, 1999 | N/A |
| #14 | -6.79% May 9, 2005 - May 16, 2005 | N/A |
| #15 | -6.45% Jan 20, 2005 - Jan 24, 2005 | N/A |
Correlation
Correlation between FWDI and NOAC is 0.40 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
0.40
-101
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