HOV vs MGIC
Comparison between Hovnanian Enterprises Inc - Class A (HOV, Company) and Magic Software Enterprises Ltd (MGIC, Company).
HOV is from the Consumer Cyclical sector, while MGIC is from the Technology sector.
5-Year PerformanceHOV has outperformed MGIC, delivering a return of +9.6% compared to +4.1%
HOV vs MGIC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
HOV vs MGIC - Historical Returns
Returns include dividend reinvestment.
HOV vs MGIC - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | HOV | MGIC |
|---|---|---|
| 2026 | +38.92% | -33.28% |
| 2025 | -23.82% | +126.34% |
| 2024 | -11.87% | +27.08% |
| 2023 | +262.67% | -37.05% |
| 2022 | -65.25% | -23.87% |
| 2021 | +299.65% | +43.35% |
| 2020 | +45.85% | +59.59% |
| 2019 | +9.84% | +31.99% |
| 2018 | -79.40% | -9.37% |
| 2017 | +26.89% | +24.82% |
| 2016 | +55.11% | +19.39% |
| 2015 | -57.11% | -5.02% |
| 2014 | -37.42% | -14.17% |
| 2013 | -4.20% | +53.14% |
| 2012 | +351.61% | -5.19% |
| 2011 | -65.80% | -21.19% |
| 2010 | +2.76% | +221.49% |
| 2009 | +135.58% | +56.85% |
| 2008 | -74.93% | -33.71% |
| 2007 | -77.61% | -20.59% |
| 2006 | -33.42% | +41.51% |
| 2005 | +2.46% | -53.78% |
| 2004 | +19.47% | -25.99% |
| 2003 | +157.73% | +384.83% |
| 2002 | +53.59% | -35.86% |
| 2001 | +128.50% | -15.79% |
| 2000 | +53.27% | -88.68% |
| 1999 | +0.00% | +120.40% |
HOV vs MGIC Drawdown Comparison
The maximum drawdown for HOV was -99.70%, occurring on Aug 9, 2019. This drawdown has not yet recovered.
The maximum drawdown for MGIC was -97.62%, occurring on Oct 1, 2002. Recovery took 5156 trading sessions.
The current HOV drawdown is -92.58%. The current MGIC drawdown is -37.21%.
| Rank | HOV | MGIC |
|---|---|---|
| #1 | -99.70% Jul 20, 2005 - Aug 9, 2019 | -97.62% Feb 16, 2000 - Aug 14, 2020 |
| #2 | -47.14% May 15, 2001 - Dec 24, 2001 | -63.91% Nov 12, 2021 - Jul 9, 2025 |
| #3 | -39.28% Dec 8, 2003 - Dec 15, 2004 | -37.32% Jan 12, 2026 - Feb 17, 2026 |
| #4 | -33.41% Jul 1, 2002 - Sep 9, 2002 | -23.21% Aug 19, 2020 - Nov 27, 2020 |
| #5 | -30.72% Jun 16, 2003 - Oct 2, 2003 | -22.48% Dec 13, 1999 - Jan 18, 2000 |
| #6 | -28.20% Sep 17, 2002 - Apr 23, 2003 | -16.46% Jan 20, 2000 - Feb 14, 2000 |
| #7 | -19.24% Nov 9, 1999 - Aug 7, 2000 | -15.55% Feb 17, 2021 - Jul 26, 2021 |
| #8 | -19.19% Mar 7, 2005 - May 24, 2005 | -13.28% Jul 23, 2025 - Nov 3, 2025 |
| #9 | -18.44% Apr 30, 2001 - May 7, 2001 | -12.85% Nov 27, 2020 - Jan 11, 2021 |
| #10 | -16.47% May 7, 2002 - Jun 6, 2002 | -9.62% Nov 12, 2025 - Dec 1, 2025 |
| #11 | -14.06% Apr 2, 2001 - Apr 12, 2001 | -9.51% Dec 16, 2025 - Jan 9, 2026 |
| #12 | -13.97% Feb 8, 2005 - Mar 4, 2005 | -9.20% Aug 12, 2021 - Aug 24, 2021 |
| #13 | -11.91% Sep 11, 2000 - Nov 6, 2000 | -9.12% Sep 16, 2021 - Oct 13, 2021 |
| #14 | -11.83% Aug 8, 2000 - Sep 11, 2000 | -7.91% Nov 12, 1999 - Nov 19, 1999 |
| #15 | -10.48% Mar 6, 2002 - Apr 8, 2002 | -7.45% Jan 20, 2021 - Feb 9, 2021 |
Correlation
Correlation between HOV and MGIC is -0.38 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.
Select Stocks to Compare
More Comparisons
Compare with similar stocks