HNVR vs PPIH
Comparison between Hanover Bancorp Inc (HNVR, Company) and Perma-Pipe International Holdings Inc (PPIH, Company).
HNVR is from the Financial Services sector, while PPIH is from the Industrials sector.
HNVR vs PPIH - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
HNVR vs PPIH - Historical Returns
Returns include dividend reinvestment.
HNVR vs PPIH - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | HNVR | PPIH |
|---|---|---|
| 2026 | +17.01% | -19.33% |
| 2025 | +4.75% | +109.52% |
| 2024 | +34.56% | +84.11% |
| 2023 | -11.59% | -14.51% |
| 2022 | +2.94% | +9.50% |
| 2021 | N/A | +41.14% |
| 2020 | N/A | -33.95% |
| 2019 | N/A | +6.71% |
| 2018 | N/A | -1.69% |
| 2017 | N/A | +11.80% |
| 2016 | N/A | +24.42% |
HNVR vs PPIH Drawdown Comparison
The maximum drawdown for HNVR was -33.95%, occurring on Apr 16, 2024. Recovery took 586 trading sessions.
The maximum drawdown for PPIH was -58.53%, occurring on Nov 13, 2023. Recovery took 626 trading sessions.
The current HNVR drawdown is -1.75%. The current PPIH drawdown is -30.12%.
| Rank | HNVR | PPIH |
|---|---|---|
| #1 | -33.95% Jun 16, 2022 - Oct 16, 2024 | -58.53% May 25, 2022 - Nov 20, 2024 |
| #2 | -28.23% Jan 30, 2025 - Jul 28, 2026 | -48.00% Jun 13, 2018 - Apr 20, 2022 |
| #3 | -17.72% Dec 18, 2024 - Jan 24, 2025 | -45.77% Dec 11, 2024 - Jun 13, 2025 |
| #4 | -9.55% Oct 16, 2024 - Nov 11, 2024 | -34.17% Apr 14, 2026 - Jul 29, 2026 |
| #5 | -5.97% May 16, 2022 - Jun 16, 2022 | -31.45% Sep 10, 2025 - Dec 26, 2025 |
| #6 | -2.36% Jul 28, 2026 - Jul 31, 2026 | -21.41% Jan 27, 2017 - Nov 29, 2017 |
| #7 | -2.11% Dec 11, 2024 - Dec 17, 2024 | -17.17% Feb 24, 2026 - Apr 13, 2026 |
| #8 | -1.36% Nov 13, 2024 - Nov 15, 2024 | -15.97% Jul 22, 2025 - Aug 5, 2025 |
| #9 | -1.26% Dec 3, 2024 - Dec 11, 2024 | -14.81% May 6, 2022 - May 25, 2022 |
| #10 | -0.84% Nov 15, 2024 - Nov 19, 2024 | -13.81% Jan 6, 2016 - Feb 1, 2016 |
| #11 | -0.38% Jan 27, 2025 - Jan 29, 2025 | -13.44% Mar 17, 2016 - May 25, 2016 |
| #12 | N/A | -12.43% Dec 26, 2025 - Feb 11, 2026 |
| #13 | N/A | -10.25% May 31, 2016 - Aug 8, 2016 |
| #14 | N/A | -9.77% Jan 23, 2018 - May 10, 2018 |
| #15 | N/A | -8.38% Dec 7, 2016 - Jan 9, 2017 |
Correlation
Correlation between HNVR and PPIH is 0.72 which considered as a strong positive correlation - the stocks tend to move together.
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