NODK vs SLVRU

Comparison between NI Holdings Inc (NODK, Company) and SilverSPAC Inc - Units (1 Ord Share Class A & 1/4 War) (SLVRU, Company).

NODK vs SLVRU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NODK(COMPANY)	SLVRU(COMPANY)
Market Cap	$326M	$328M
Max Drawdown	44.88%	4.93%
Sharpe Ratio	0.71	0.19
5Y Beta	0.46	N/A
Industry	Insurance - Property & Casualty	N/A
P/E Ratio	-76.98	29.76
PEG Ratio	0.00	N/A
Debt to Equity	0.96%	N/A
Free Cash Flow Yield	-8.36%	1.51%
P/S Ratio	1.19	N/A
P/B Ratio	1.30	-30.66

Market Cap

NODK

$326M

Winner

SLVRU

$328M

Max Drawdown

NODK

44.88%

Winner

SLVRU

4.93%

Sharpe Ratio

Winner

NODK

0.71

SLVRU

0.19

5Y Beta

NODK

0.46

SLVRU

N/A

Industry

NODK

Insurance - Property & Casualty

SLVRU

N/A

P/E Ratio

Winner

NODK

-76.98

SLVRU

29.76

PEG Ratio

NODK

0.00

SLVRU

N/A

Debt to Equity

NODK

0.96%

SLVRU

N/A

Free Cash Flow Yield

NODK

-8.36%

Winner

SLVRU

1.51%

P/S Ratio

NODK

1.19

SLVRU

N/A

P/B Ratio

NODK

1.30

Winner

SLVRU

-30.66

NODK vs SLVRU - Historical Returns

Returns include dividend reinvestment.

Period	NODK	SLVRU
1 month	-3.00%	+0.67%
3 months	+22.22%	+0.67%
6 months	+19.91%	+2.34%
1 year	+20.64%	+7.03%
5 years(CAGR)	-4.32%	N/A
10 years(CAGR)	+0.76%	N/A
Max(CAGR)	+0.76%	+3.38%

NODK

-3.00%

Winner

SLVRU

+0.67%

Winner

NODK

+22.22%

SLVRU

+0.67%

Winner

NODK

+19.91%

SLVRU

+2.34%

Winner

NODK

+20.64%

SLVRU

+7.03%

5Y(CAGR)

NODK

-4.32%

SLVRU

N/A

10Y(CAGR)

NODK

+0.76%

SLVRU

N/A

Max(CAGR)

NODK

+0.76%

Winner

SLVRU

+3.38%

NODK vs SLVRU - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	NODK	SLVRU
2026	+19.37%	N/A
2025	-14.52%	N/A
2024	+21.24%	N/A
2023	-3.28%	+5.00%
2022	-31.49%	-1.04%
2021	+16.94%	+1.22%
2020	-3.01%	N/A
2019	+9.55%	N/A
2018	-6.03%	N/A
2017	+15.12%	N/A

NODK vs SLVRU Drawdown Comparison

The maximum drawdown for NODK was -44.88%, occurring on Mar 20, 2020. Recovery took 433 trading sessions.

The maximum drawdown for SLVRU was -4.93%, occurring on May 8, 2023. This drawdown has not yet recovered.

The current NODK drawdown is -22.05%. The current SLVRU drawdown is -3.18%.

Rank	NODK	SLVRU
#1	-44.88% Jun 17, 2019 - Mar 5, 2021	-4.93% May 3, 2023 - May 8, 2023
#2	-40.55% Jul 23, 2021 - Oct 23, 2023	-4.91% Jan 4, 2022 - Mar 10, 2023
#3	-20.82% Jun 7, 2017 - Jun 17, 2019	-3.33% Apr 25, 2023 - May 3, 2023
#4	-10.40% Mar 16, 2021 - Jun 10, 2021	-2.04% Nov 4, 2021 - Dec 23, 2021
#5	-6.12% Jun 18, 2021 - Jul 20, 2021	-1.71% Mar 20, 2023 - Apr 25, 2023
#6	-3.70% Apr 11, 2017 - May 9, 2017	-1.58% Dec 23, 2021 - Jan 3, 2022
#7	-3.21% Mar 9, 2021 - Mar 12, 2021	-1.10% Oct 13, 2021 - Nov 4, 2021
#8	-2.44% Mar 16, 2017 - Mar 31, 2017	-0.70% Sep 28, 2021 - Oct 11, 2021
#9	-1.56% May 9, 2017 - May 11, 2017	-0.39% Sep 21, 2021 - Sep 24, 2021
#10	-1.54% May 16, 2017 - May 19, 2017	-0.29% Mar 16, 2023 - Mar 20, 2023
#11	-1.46% Jun 1, 2017 - Jun 6, 2017	-0.20% Sep 13, 2021 - Sep 21, 2021
#12	-1.25% May 11, 2017 - May 16, 2017	-0.10% Oct 11, 2021 - Oct 13, 2021
#13	-0.95% Jun 11, 2021 - Jun 16, 2021	N/A
#14	-0.84% May 22, 2017 - May 25, 2017	N/A
#15	-0.52% Apr 4, 2017 - Apr 7, 2017	N/A

Correlation

Correlation between NODK and SLVRU is -0.52 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.52

-101