NOAC vs FWDI
Comparison between Natural Order Acquisition Corp (NOAC, Company) and Forward Industries Inc (FWDI, Company).
NOAC vs FWDI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
NOAC
$289M
Winner
FWDI
$290M
Max Drawdown
Winner
NOAC
15.13%
FWDI
98.85%
Sharpe Ratio
NOAC
-0.53
Winner
FWDI
-0.25
5Y Beta
NOAC
N/A
FWDI
0.91
Industry
NOAC
N/A
FWDI
Footwear & Accessories
P/E Ratio
NOAC
89.34
Winner
FWDI
-1.96
Forward P/E
NOAC
N/A
FWDI
44.44
PEG Ratio
NOAC
N/A
FWDI
2.53
Debt to Equity
NOAC
0.00%
FWDI
0.00%
Free Cash Flow Yield
Winner
NOAC
-0.63%
FWDI
-5.01%
P/S Ratio
NOAC
N/A
FWDI
6.25
P/B Ratio
Winner
NOAC
-36.95
FWDI
0.54
NOAC vs FWDI - Historical Returns
Returns include dividend reinvestment.
1M
Winner
NOAC
+0.70%
FWDI
-2.49%
3M
Winner
NOAC
+1.31%
FWDI
-10.74%
6M
Winner
NOAC
+2.03%
FWDI
-36.59%
1Y
Winner
NOAC
+2.76%
FWDI
-62.69%
5Y(CAGR)
NOAC
N/A
FWDI
-30.95%
10Y(CAGR)
NOAC
N/A
FWDI
-12.01%
Max(CAGR)
Winner
NOAC
-1.05%
FWDI
-6.78%
NOAC vs FWDI - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | NOAC | FWDI |
|---|---|---|
| 2026 | N/A | -43.71% |
| 2025 | N/A | +31.94% |
| 2024 | N/A | -31.35% |
| 2023 | N/A | -29.18% |
| 2022 | +2.44% | -34.66% |
| 2021 | -4.20% | -17.02% |
| 2020 | N/A | +80.20% |
| 2019 | N/A | -26.12% |
| 2018 | N/A | +4.00% |
| 2017 | N/A | +3.36% |
| 2016 | N/A | -12.59% |
| 2015 | N/A | +43.69% |
| 2014 | N/A | -36.97% |
| 2013 | N/A | +2.65% |
| 2012 | N/A | -11.38% |
| 2011 | N/A | -45.78% |
| 2010 | N/A | +58.62% |
| 2009 | N/A | -6.67% |
| 2008 | N/A | -5.91% |
| 2007 | N/A | -45.01% |
| 2006 | N/A | -54.11% |
| 2005 | N/A | +114.46% |
| 2004 | N/A | +50.90% |
| 2003 | N/A | +110.53% |
| 2002 | N/A | +10.10% |
| 2001 | N/A | -13.00% |
| 2000 | N/A | -69.39% |
| 1999 | N/A | +20.91% |
NOAC vs FWDI Drawdown Comparison
The maximum drawdown for NOAC was -15.13%, occurring on Aug 13, 2021. This drawdown has not yet recovered.
The maximum drawdown for FWDI was -98.85%, occurring on Sep 24, 2024. This drawdown has not yet recovered.
The current NOAC drawdown is -11.52%. The current FWDI drawdown is -98.57%.
| Rank | NOAC | FWDI |
|---|---|---|
| #1 | -15.13% Feb 3, 2021 - Aug 13, 2021 | -98.85% Sep 8, 2005 - Sep 24, 2024 |
| #2 | N/A | -85.50% Jan 27, 2000 - Dec 22, 2004 |
| #3 | N/A | -34.71% Apr 6, 2005 - May 9, 2005 |
| #4 | N/A | -30.48% Jun 6, 2005 - Jul 25, 2005 |
| #5 | N/A | -25.93% Dec 13, 1999 - Jan 25, 2000 |
| #6 | N/A | -18.17% Feb 3, 2005 - Mar 1, 2005 |
| #7 | N/A | -17.89% Aug 3, 2005 - Sep 8, 2005 |
| #8 | N/A | -17.77% Jan 24, 2005 - Feb 3, 2005 |
| #9 | N/A | -17.74% Dec 28, 2004 - Jan 20, 2005 |
| #10 | N/A | -15.71% Mar 2, 2005 - Mar 15, 2005 |
| #11 | N/A | -15.16% Nov 10, 1999 - Dec 9, 1999 |
| #12 | N/A | -8.84% May 26, 2005 - Jun 6, 2005 |
| #13 | N/A | -8.51% Nov 2, 1999 - Nov 10, 1999 |
| #14 | N/A | -6.79% May 9, 2005 - May 16, 2005 |
| #15 | N/A | -6.45% Jan 20, 2005 - Jan 24, 2005 |
Correlation
Correlation between NOAC and FWDI is 0.40 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
0.40
-101
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