HNVR vs LWACW
Comparison between Hanover Bancorp Inc (HNVR, Company) and LightWave Acquisition Corp - Warrants (06/06/2030) (LWACW, Company).
HNVR vs LWACW - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
HNVR
$178M
LWACW
$178M
Max Drawdown
Winner
HNVR
36.70%
LWACW
45.24%
Sharpe Ratio
HNVR
0.44
Winner
LWACW
0.83
5Y Beta
HNVR
0.63
Winner
LWACW
-1.17
Industry
HNVR
Banks - Regional
LWACW
N/A
P/E Ratio
HNVR
22.81
LWACW
N/A
Dividend Yield
HNVR
1.61%
LWACW
N/A
5Y EPS CAGR
HNVR
-2.72%
LWACW
N/A
Debt to Equity
HNVR
29.68%
LWACW
N/A
Free Cash Flow Yield
HNVR
3.15%
LWACW
N/A
P/S Ratio
HNVR
2.85
LWACW
N/A
P/B Ratio
HNVR
0.91
LWACW
N/A
HNVR vs LWACW - Historical Returns
Returns include dividend reinvestment.
1M
Winner
HNVR
+7.69%
LWACW
-16.86%
3M
Winner
HNVR
+10.97%
LWACW
+1.17%
6M
Winner
HNVR
+3.16%
LWACW
-6.88%
1Y
HNVR
+12.33%
Winner
LWACW
+36.94%
5Y(CAGR)
HNVR
+7.14%
LWACW
N/A
Max(CAGR)
HNVR
+7.14%
Winner
LWACW
+40.18%
HNVR vs LWACW - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | HNVR | LWACW |
|---|---|---|
| 2026 | +9.26% | -13.75% |
| 2025 | +4.75% | +58.82% |
| 2024 | +34.56% | N/A |
| 2023 | -11.59% | N/A |
| 2022 | +2.94% | N/A |
HNVR vs LWACW Drawdown Comparison
The maximum drawdown for HNVR was -33.95%, occurring on Apr 16, 2024. Recovery took 586 trading sessions.
The maximum drawdown for LWACW was -45.24%, occurring on May 19, 2026. This drawdown has not yet recovered.
The current HNVR drawdown is -5.54%. The current LWACW drawdown is -29.45%.
| Rank | HNVR | LWACW |
|---|---|---|
| #1 | -33.95% Jun 16, 2022 - Oct 16, 2024 | -45.24% Jan 28, 2026 - May 19, 2026 |
| #2 | -28.23% Jan 30, 2025 - Apr 11, 2025 | -38.18% Aug 18, 2025 - Oct 9, 2025 |
| #3 | -17.72% Dec 18, 2024 - Jan 24, 2025 | -25.75% Nov 11, 2025 - Jan 28, 2026 |
| #4 | -9.55% Oct 16, 2024 - Nov 11, 2024 | -13.45% Oct 15, 2025 - Nov 3, 2025 |
| #5 | -5.97% May 16, 2022 - Jun 16, 2022 | -9.09% Nov 3, 2025 - Nov 7, 2025 |
| #6 | -2.11% Dec 11, 2024 - Dec 17, 2024 | -0.04% Oct 10, 2025 - Oct 15, 2025 |
| #7 | -1.36% Nov 13, 2024 - Nov 15, 2024 | N/A |
| #8 | -1.26% Dec 3, 2024 - Dec 11, 2024 | N/A |
| #9 | -0.84% Nov 15, 2024 - Nov 19, 2024 | N/A |
| #10 | -0.38% Jan 27, 2025 - Jan 29, 2025 | N/A |
Correlation
Correlation between HNVR and LWACW is -0.08 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.08
-101
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