NVA vs FWDI
Comparison between Nova Minerals Ltd (NVA, Company) and Forward Industries Inc (FWDI, Company).
NVA is from the Basic Materials sector, while FWDI is from the Consumer Cyclical sector.
NVA vs FWDI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
NVA
$296M
FWDI
$294M
Max Drawdown
Winner
NVA
65.20%
FWDI
98.85%
Sharpe Ratio
Winner
NVA
1.25
FWDI
0.18
5Y Beta
NVA
0.86
Winner
FWDI
0.72
Industry
NVA
Other Industrial Metals & Mining
FWDI
Footwear & Accessories
P/E Ratio
NVA
0.45
Winner
FWDI
-1.99
Forward P/E
NVA
N/A
FWDI
44.44
PEG Ratio
NVA
N/A
FWDI
2.53
Debt to Equity
NVA
N/A
FWDI
0.00%
Free Cash Flow Yield
NVA
N/A
FWDI
-4.95%
P/S Ratio
Winner
NVA
0.10
FWDI
6.41
P/B Ratio
NVA
3.93
Winner
FWDI
0.52
NVA vs FWDI - Historical Returns
Returns include dividend reinvestment.
1M
Winner
NVA
+9.01%
FWDI
-8.35%
3M
Winner
NVA
+9.01%
FWDI
-8.55%
6M
Winner
NVA
-13.76%
FWDI
-43.39%
1Y
Winner
NVA
+170.00%
FWDI
-33.90%
5Y(CAGR)
NVA
N/A
FWDI
-31.93%
10Y(CAGR)
NVA
N/A
FWDI
-10.10%
Max(CAGR)
Winner
NVA
+187.56%
FWDI
-6.67%
NVA vs FWDI - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | NVA | FWDI |
|---|---|---|
| 2026 | +9.69% | -41.45% |
| 2025 | +107.65% | +31.94% |
| 2024 | +188.13% | -31.35% |
| 2023 | N/A | -29.18% |
| 2022 | N/A | -34.66% |
| 2021 | N/A | -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% |
NVA vs FWDI Drawdown Comparison
The maximum drawdown for NVA was -65.20%, occurring on Mar 20, 2026. 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 NVA drawdown is -51.14%. The current FWDI drawdown is -98.51%.
| Rank | NVA | FWDI |
|---|---|---|
| #1 | -65.20% Oct 14, 2025 - Mar 20, 2026 | -98.85% Sep 8, 2005 - Sep 24, 2024 |
| #2 | -48.45% Jan 6, 2025 - Oct 1, 2025 | -85.50% Jan 27, 2000 - Dec 22, 2004 |
| #3 | -32.91% Oct 28, 2024 - Dec 11, 2024 | -34.71% Apr 6, 2005 - May 9, 2005 |
| #4 | -25.52% Sep 17, 2024 - Oct 4, 2024 | -30.48% Jun 6, 2005 - Jul 25, 2005 |
| #5 | -18.26% Aug 12, 2024 - Aug 19, 2024 | -25.93% Dec 13, 1999 - Jan 25, 2000 |
| #6 | -11.90% Aug 29, 2024 - Sep 16, 2024 | -18.17% Feb 3, 2005 - Mar 1, 2005 |
| #7 | -10.70% Oct 6, 2025 - Oct 10, 2025 | -17.89% Aug 3, 2005 - Sep 8, 2005 |
| #8 | -9.20% Dec 12, 2024 - Dec 19, 2024 | -17.77% Jan 24, 2005 - Feb 3, 2005 |
| #9 | -7.74% Dec 27, 2024 - Jan 3, 2025 | -17.74% Dec 28, 2004 - Jan 20, 2005 |
| #10 | -7.70% Oct 7, 2024 - Oct 11, 2024 | -15.71% Mar 2, 2005 - Mar 15, 2005 |
| #11 | -4.37% Aug 1, 2024 - Aug 9, 2024 | -15.16% Nov 10, 1999 - Dec 9, 1999 |
| #12 | -4.33% Dec 23, 2024 - Dec 27, 2024 | -8.84% May 26, 2005 - Jun 6, 2005 |
| #13 | -2.92% Oct 11, 2024 - Oct 17, 2024 | -8.51% Nov 2, 1999 - Nov 10, 1999 |
| #14 | -2.80% Aug 23, 2024 - Aug 29, 2024 | -6.79% May 9, 2005 - May 16, 2005 |
| #15 | -1.14% Oct 17, 2024 - Oct 21, 2024 | -6.45% Jan 20, 2005 - Jan 24, 2005 |
Correlation
Correlation between NVA and FWDI is 0.09 which considered as a very weak or no correlation - the stocks move independently of each other.
0.09
-101
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