IPWR vs NOVV

Comparison between Ideal Power Inc (IPWR, Company) and Nova Vision Acquisition Corp (NOVV, Company).

IPWR is from the Technology sector, while NOVV is from the Financial Services sector.

5-Year PerformanceNOVV has outperformed IPWR, delivering a return of +32.4% compared to -13.1%

IPWR vs NOVV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IPWR(COMPANY)	NOVV(COMPANY)
Market Cap	$73M	$73M
Max Drawdown	98.64%	9.97%
Sharpe Ratio	0.79	1.02
5Y Beta	1.72	0.16
Industry	Semiconductors	Shell Companies
P/E Ratio	-4.93	0.00
Forward P/E	9.00	N/A
PEG Ratio	0.26	N/A
5Y EPS CAGR	-13.33%	N/A
Debt to Equity	0.00%	N/A
Free Cash Flow Yield	-12.79%	N/A
P/S Ratio	3758.55	N/A
P/B Ratio	5.41	4.92

Market Cap

IPWR

$73M

Winner

NOVV

$73M

Max Drawdown

IPWR

98.64%

Winner

NOVV

9.97%

Sharpe Ratio

IPWR

0.79

Winner

NOVV

1.02

5Y Beta

IPWR

1.72

Winner

NOVV

0.16

Industry

IPWR

Semiconductors

NOVV

Shell Companies

P/E Ratio

Winner

IPWR

-4.93

NOVV

0.00

Forward P/E

IPWR

9.00

NOVV

N/A

PEG Ratio

IPWR

0.26

NOVV

N/A

5Y EPS CAGR

IPWR

-13.33%

NOVV

N/A

Debt to Equity

IPWR

0.00%

NOVV

N/A

Free Cash Flow Yield

IPWR

-12.79%

NOVV

N/A

P/S Ratio

IPWR

3758.55

NOVV

N/A

P/B Ratio

IPWR

5.41

Winner

NOVV

4.92

IPWR vs NOVV - Historical Returns

Returns include dividend reinvestment.

Period	IPWR	NOVV
1 month	+2.79%	+0.00%
3 months	+84.64%	+0.00%
6 months	+91.23%	N/A
1 year	+51.03%	+0.00%
5 years(CAGR)	-13.09%	+32.43%
10 years(CAGR)	-18.96%	N/A
Max(CAGR)	-16.09%	+32.43%

Winner

IPWR

+2.79%

NOVV

+0.00%

Winner

IPWR

+84.64%

NOVV

+0.00%

IPWR

+91.23%

NOVV

N/A

Winner

IPWR

+51.03%

NOVV

+0.00%

5Y(CAGR)

IPWR

-13.09%

Winner

NOVV

+32.43%

10Y(CAGR)

IPWR

-18.96%

NOVV

N/A

Max(CAGR)

IPWR

-16.09%

Winner

NOVV

+32.43%

IPWR vs NOVV - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	IPWR	NOVV
2026	+78.48%	+0.00%
2025	-60.18%	N/A
2024	-2.58%	+223.14%
2023	-28.65%	+9.57%
2022	-16.92%	+5.34%
2021	+50.00%	+1.22%
2020	+236.21%	N/A
2019	-17.86%	N/A
2018	-84.13%	N/A
2017	-54.92%	N/A
2016	-58.44%	N/A
2015	+9.29%	N/A
2014	+32.24%	N/A
2013	-0.75%	N/A

IPWR vs NOVV Drawdown Comparison

The maximum drawdown for IPWR was -98.64%, occurring on Mar 23, 2020. This drawdown has not yet recovered.

The maximum drawdown for NOVV was -9.97%, occurring on Aug 26, 2024. Recovery took 19 trading sessions.

The current IPWR drawdown is -94.76%.

Rank	IPWR	NOVV
#1	-98.64% Mar 10, 2014 - Mar 23, 2020	-9.97% Aug 16, 2024 - Sep 13, 2024
#2	-25.25% Dec 3, 2013 - Jan 8, 2014	-3.87% Feb 23, 2024 - May 13, 2024
#3	-17.50% Jan 10, 2014 - Mar 5, 2014	-3.53% Aug 5, 2024 - Aug 15, 2024
#4	-1.04% Mar 6, 2014 - Mar 10, 2014	-2.74% Feb 8, 2024 - Feb 14, 2024
#5	-0.14% Nov 26, 2013 - Nov 29, 2013	-1.73% Feb 15, 2024 - Feb 23, 2024
#6	N/A	-1.64% Dec 4, 2023 - Jan 25, 2024
#7	N/A	-1.64% Jun 26, 2024 - Aug 2, 2024
#8	N/A	-1.46% Jul 26, 2022 - Oct 19, 2022
#9	N/A	-1.26% Aug 3, 2023 - Sep 11, 2023
#10	N/A	-1.17% Jul 26, 2023 - Aug 3, 2023
#11	N/A	-1.13% Oct 10, 2023 - Dec 4, 2023
#12	N/A	-1.12% Jan 25, 2024 - Feb 8, 2024
#13	N/A	-1.11% Apr 26, 2023 - Jul 6, 2023
#14	N/A	-0.99% Jun 13, 2022 - Jul 26, 2022
#15	N/A	-0.94% Jan 30, 2023 - Mar 8, 2023

Correlation

Correlation between IPWR and NOVV is -0.68 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.68

-101