NOVV vs IPWR

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

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

5-Year PerformanceNOVV has outperformed IPWR, delivering a return of +32.4% compared to -15.5%

NOVV vs IPWR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NOVV(COMPANY)	IPWR(COMPANY)
Market Cap	$73M	$73M
Max Drawdown	9.97%	98.64%
Sharpe Ratio	1.02	0.79
5Y Beta	0.16	1.73
Industry	Shell Companies	Semiconductors
P/E Ratio	0.00	-4.93
Forward P/E	N/A	9.00
PEG Ratio	N/A	0.26
5Y EPS CAGR	N/A	-13.33%
Debt to Equity	N/A	0.00%
Free Cash Flow Yield	N/A	-12.79%
P/S Ratio	N/A	3758.55
P/B Ratio	4.92	5.41

Market Cap

Winner

NOVV

$73M

IPWR

$73M

Max Drawdown

Winner

NOVV

9.97%

IPWR

98.64%

Sharpe Ratio

Winner

NOVV

1.02

IPWR

0.79

5Y Beta

Winner

NOVV

0.16

IPWR

1.73

Industry

NOVV

Shell Companies

IPWR

Semiconductors

P/E Ratio

NOVV

0.00

Winner

IPWR

-4.93

Forward P/E

NOVV

N/A

IPWR

9.00

PEG Ratio

NOVV

N/A

IPWR

0.26

5Y EPS CAGR

NOVV

N/A

IPWR

-13.33%

Debt to Equity

NOVV

N/A

IPWR

0.00%

Free Cash Flow Yield

NOVV

N/A

IPWR

-12.79%

P/S Ratio

NOVV

N/A

IPWR

3758.55

P/B Ratio

Winner

NOVV

4.92

IPWR

5.41

NOVV vs IPWR - Historical Returns

Returns include dividend reinvestment.

Period	NOVV	IPWR
1 month	+0.00%	-2.44%
3 months	+0.00%	+75.24%
6 months	N/A	+72.53%
1 year	+0.00%	+43.33%
5 years(CAGR)	+32.41%	-15.46%
10 years(CAGR)	N/A	-19.43%
Max(CAGR)	+32.41%	-16.43%

Winner

NOVV

+0.00%

IPWR

-2.44%

NOVV

+0.00%

Winner

IPWR

+75.24%

NOVV

N/A

IPWR

+72.53%

NOVV

+0.00%

Winner

IPWR

+43.33%

5Y(CAGR)

Winner

NOVV

+32.41%

IPWR

-15.46%

10Y(CAGR)

NOVV

N/A

IPWR

-19.43%

Max(CAGR)

Winner

NOVV

+32.41%

IPWR

-16.43%

NOVV vs IPWR - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	NOVV	IPWR
2026	+0.00%	+69.39%
2025	N/A	-60.18%
2024	+223.14%	-2.58%
2023	+9.57%	-28.65%
2022	+5.34%	-16.92%
2021	+1.22%	+50.00%
2020	N/A	+236.21%
2019	N/A	-17.86%
2018	N/A	-84.13%
2017	N/A	-54.92%
2016	N/A	-58.44%
2015	N/A	+9.29%
2014	N/A	+32.24%
2013	N/A	-0.75%

NOVV vs IPWR Drawdown Comparison

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

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

The current IPWR drawdown is -95.03%.

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

Correlation

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

-0.68

-101