HOVR vs SPWR
Comparison between New Horizon Aircraft Ltd (HOVR, Company) and (SPWR, Company).
HOVR is from the Industrials sector, while SPWR is from the Technology sector.
HOVR vs SPWR - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
HOVR
$76M
Winner
SPWR
$76M
Max Drawdown
HOVR
92.26%
Winner
SPWR
54.13%
Sharpe Ratio
HOVR
0.61
Winner
SPWR
2.36
5Y Beta
Winner
HOVR
1.74
SPWR
19.74
Industry
HOVR
Aerospace & Defense
SPWR
Solar
P/E Ratio
Winner
HOVR
-2.90
SPWR
-1.67
Debt to Equity
HOVR
0.53%
Winner
SPWR
0.00%
Free Cash Flow Yield
Winner
HOVR
-14.52%
SPWR
-51.53%
P/S Ratio
HOVR
N/A
SPWR
0.36
P/B Ratio
HOVR
19.26
Winner
SPWR
1.02
HOVR vs SPWR - Historical Returns
Returns include dividend reinvestment.
1M
Winner
HOVR
-8.87%
SPWR
-20.63%
3M
HOVR
+3.93%
SPWR
N/A
6M
HOVR
-22.59%
SPWR
N/A
1Y
HOVR
+5.71%
SPWR
N/A
Max(CAGR)
HOVR
-21.11%
Winner
SPWR
+107.83%
HOVR vs SPWR - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | HOVR | SPWR |
|---|---|---|
| 2026 | +13.50% | -51.46% |
| 2025 | +34.86% | N/A |
| 2024 | -66.37% | +0.00% |
HOVR vs SPWR Drawdown Comparison
The maximum drawdown for HOVR was -92.26%, occurring on Oct 3, 2024. Recovery took 435 trading sessions.
The maximum drawdown for SPWR was -54.13%, occurring on Jul 23, 2026. This drawdown has not yet recovered.
The current HOVR drawdown is -52.69%. The current SPWR drawdown is -54.13%.
| Rank | HOVR | SPWR |
|---|---|---|
| #1 | -92.26% Jan 16, 2024 - Oct 9, 2025 | -54.13% Jun 4, 2026 - Jul 23, 2026 |
| #2 | -69.31% Oct 14, 2025 - Nov 20, 2025 | -7.55% May 29, 2026 - Jun 4, 2026 |
| #3 | -16.08% Oct 9, 2025 - Oct 13, 2025 | N/A |
Correlation
Correlation between HOVR and SPWR is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.
0.99
-101
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