NVX vs IPEX

Comparison between Novonix Ltd (NVX, Company) and Inflection Point Acquisition Corp V - Class A (IPEX, Company).

NVX is from the Industrials sector, while IPEX is from the Financial Services sector.

NVX vs IPEX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NVX(COMPANY)	IPEX(COMPANY)
Market Cap	$124M	$125M
Max Drawdown	97.30%	1.87%
Sharpe Ratio	-0.03	0.28
5Y Beta	1.58	-0.01
Industry	Electrical Equipment & Parts	Shell Companies
P/E Ratio	-0.95	484.10
PEG Ratio	-0.02	N/A
5Y EPS CAGR	28.12%	N/A
Debt to Equity	70.49%	0.84%
Free Cash Flow Yield	-63.29%	-0.56%
P/S Ratio	27.27	N/A
P/B Ratio	0.96	1.49

Market Cap

NVX

$124M

Winner

IPEX

$125M

Max Drawdown

NVX

97.30%

Winner

IPEX

1.87%

Sharpe Ratio

NVX

-0.03

Winner

IPEX

0.28

5Y Beta

NVX

1.58

Winner

IPEX

-0.01

Industry

NVX

Electrical Equipment & Parts

IPEX

Shell Companies

P/E Ratio

Winner

NVX

-0.95

IPEX

484.10

PEG Ratio

NVX

-0.02

IPEX

N/A

5Y EPS CAGR

NVX

28.12%

IPEX

N/A

Debt to Equity

NVX

70.49%

Winner

IPEX

0.84%

Free Cash Flow Yield

NVX

-63.29%

Winner

IPEX

-0.56%

P/S Ratio

NVX

27.27

IPEX

N/A

P/B Ratio

Winner

NVX

0.96

IPEX

1.49

NVX vs IPEX - Historical Returns

Returns include dividend reinvestment.

Period	NVX	IPEX
1 month	-5.56%	+0.38%
3 months	-21.04%	+1.45%
6 months	-39.29%	+1.75%
1 year	-37.04%	+4.38%
5 years(CAGR)	-55.30%	N/A
Max(CAGR)	-55.30%	+4.95%

NVX

-5.56%

Winner

IPEX

+0.38%

NVX

-21.04%

Winner

IPEX

+1.45%

NVX

-39.29%

Winner

IPEX

+1.75%

NVX

-37.04%

Winner

IPEX

+4.38%

5Y(CAGR)

NVX

-55.30%

IPEX

N/A

Max(CAGR)

NVX

-55.30%

Winner

IPEX

+4.95%

NVX vs IPEX - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	NVX	IPEX
2026	-37.61%	+1.95%
2025	-47.12%	+4.15%
2024	-7.22%	N/A
2023	-50.26%	N/A
2022	-81.57%	N/A

NVX vs IPEX Drawdown Comparison

The maximum drawdown for NVX was -97.30%, occurring on May 19, 2026. This drawdown has not yet recovered.

The maximum drawdown for IPEX was -1.87%, occurring on Apr 24, 2025. Recovery took 60 trading sessions.

The current NVX drawdown is -96.94%.

Rank	NVX	IPEX
#1	-97.30% Feb 2, 2022 - May 19, 2026	-1.87% Apr 22, 2025 - Jul 18, 2025
#2	N/A	-1.34% Oct 20, 2025 - Mar 26, 2026
#3	N/A	-0.68% Oct 13, 2025 - Oct 20, 2025
#4	N/A	-0.50% Apr 1, 2025 - Apr 21, 2025
#5	N/A	-0.49% Jul 31, 2025 - Aug 19, 2025
#6	N/A	-0.39% Sep 29, 2025 - Oct 8, 2025
#7	N/A	-0.24% Sep 16, 2025 - Sep 29, 2025
#8	N/A	-0.20% Jul 18, 2025 - Jul 28, 2025
#9	N/A	-0.20% Aug 19, 2025 - Sep 12, 2025
#10	N/A	-0.10% Mar 10, 2025 - Mar 18, 2025
#11	N/A	-0.10% Sep 12, 2025 - Sep 16, 2025
#12	N/A	-0.10% Mar 30, 2026 - Apr 7, 2026
#13	N/A	-0.10% Apr 7, 2026 - Apr 10, 2026
#14	N/A	-0.10% Apr 14, 2026 - Apr 27, 2026
#15	N/A	-0.10% May 7, 2026 - May 14, 2026

Correlation

Correlation between NVX and IPEX is -0.56 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.56

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