NOAC vs TMAC
Comparison between Natural Order Acquisition Corp (NOAC, Company) and Music Acquisition Corporation - Series A (TMAC, Company).
NOAC vs TMAC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
NOAC
$289M
Winner
TMAC
$290M
Max Drawdown
NOAC
15.13%
Winner
TMAC
3.52%
Sharpe Ratio
NOAC
-0.53
Winner
TMAC
-0.44
P/E Ratio
NOAC
89.34
Winner
TMAC
26.49
Debt to Equity
NOAC
0.00%
TMAC
0.00%
Free Cash Flow Yield
NOAC
-0.63%
Winner
TMAC
-0.24%
P/B Ratio
Winner
NOAC
-36.95
TMAC
-32.12
NOAC vs TMAC - Historical Returns
Returns include dividend reinvestment.
1M
NOAC
+0.70%
Winner
TMAC
+0.80%
3M
NOAC
+1.31%
Winner
TMAC
+2.64%
6M
NOAC
+2.03%
Winner
TMAC
+2.85%
1Y
NOAC
+2.76%
Winner
TMAC
+3.38%
Max(CAGR)
NOAC
-1.05%
Winner
TMAC
+2.74%
NOAC vs TMAC - Annual Returns (2021 - 2022)
Returns include dividend reinvestment.
| Year | NOAC | TMAC |
|---|---|---|
| 2022 | +2.44% | +3.80% |
| 2021 | -4.20% | +1.14% |
NOAC vs TMAC 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 TMAC was -3.52%, occurring on Aug 25, 2021. Recovery took 345 trading sessions.
The current NOAC drawdown is -11.52%.
| Rank | NOAC | TMAC |
|---|---|---|
| #1 | -15.13% Feb 3, 2021 - Aug 13, 2021 | -3.52% Jun 11, 2021 - Oct 24, 2022 |
| #2 | N/A | -2.13% Apr 8, 2021 - Jun 11, 2021 |
| #3 | N/A | -1.43% Mar 31, 2021 - Apr 8, 2021 |
| #4 | N/A | -0.20% Nov 18, 2022 - Nov 28, 2022 |
| #5 | N/A | -0.10% Oct 31, 2022 - Nov 4, 2022 |
| #6 | N/A | -0.10% Nov 7, 2022 - Nov 17, 2022 |
| #7 | N/A | -0.05% Oct 26, 2022 - Oct 28, 2022 |
Correlation
Correlation between NOAC and TMAC is 0.55 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.55
-101
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