HNVR vs MACIU
Comparison between Hanover Bancorp Inc (HNVR, Company) and Melar Acquisition Corp I - Units (1 Ord Class A & 1 War) (MACIU, Company).
Both HNVR and MACIU are from the Financial Services sector.
HNVR vs MACIU - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
HNVR vs MACIU - Historical Returns
Returns include dividend reinvestment.
HNVR vs MACIU - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | HNVR | MACIU |
|---|---|---|
| 2026 | +9.83% | +5.89% |
| 2025 | +4.75% | +6.62% |
| 2024 | +34.56% | +1.20% |
| 2023 | -11.59% | N/A |
| 2022 | +2.94% | N/A |
HNVR vs MACIU Drawdown Comparison
The maximum drawdown for HNVR was -33.95%, occurring on Apr 16, 2024. Recovery took 586 trading sessions.
The maximum drawdown for MACIU was -41.76%, occurring on Jun 11, 2026. This drawdown has not yet recovered.
The current HNVR drawdown is -5.04%. The current MACIU drawdown is -40.56%.
| Rank | HNVR | MACIU |
|---|---|---|
| #1 | -33.95% Jun 16, 2022 - Oct 16, 2024 | -41.76% Jun 3, 2026 - Jun 11, 2026 |
| #2 | -28.23% Jan 30, 2025 - Apr 11, 2025 | -9.76% Jan 14, 2026 - Feb 26, 2026 |
| #3 | -17.72% Dec 18, 2024 - Jan 24, 2025 | -9.63% Feb 26, 2026 - May 21, 2026 |
| #4 | -9.55% Oct 16, 2024 - Nov 11, 2024 | -8.44% Feb 3, 2025 - Jan 13, 2026 |
| #5 | -5.97% May 16, 2022 - Jun 16, 2022 | -4.88% Nov 19, 2024 - Feb 3, 2025 |
| #6 | -2.11% Dec 11, 2024 - Dec 17, 2024 | -4.51% May 21, 2026 - May 26, 2026 |
| #7 | -1.36% Nov 13, 2024 - Nov 15, 2024 | -0.40% Jul 26, 2024 - Oct 4, 2024 |
| #8 | -1.26% Dec 3, 2024 - Dec 11, 2024 | -0.20% Jun 20, 2024 - Jul 18, 2024 |
| #9 | -0.84% Nov 15, 2024 - Nov 19, 2024 | -0.10% Jul 18, 2024 - Jul 26, 2024 |
| #10 | -0.38% Jan 27, 2025 - Jan 29, 2025 | N/A |
Correlation
Correlation between HNVR and MACIU is 0.38 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
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