OBE vs ELVA
Comparison between Obsidian Energy Ltd (OBE, Company) and Electrovaya Inc (ELVA, Company).
OBE is from the Energy sector, while ELVA is from the Industrials sector.
5-Year PerformanceOBE has outperformed ELVA, delivering a return of +24.9% compared to +18.0%
OBE vs ELVA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
OBE vs ELVA - Historical Returns
Returns include dividend reinvestment.
OBE vs ELVA - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | OBE | ELVA |
|---|---|---|
| 2026 | +59.14% | +28.66% |
| 2025 | +2.51% | +209.80% |
| 2024 | -13.71% | -20.13% |
| 2023 | +14.53% | -15.59% |
| 2022 | +54.94% | -1.61% |
| 2021 | +491.10% | -38.46% |
| 2020 | +318.75% | +742.86% |
| 2019 | N/A | +36.36% |
| 2018 | N/A | -77.98% |
| 2017 | N/A | -68.48% |
| 2016 | N/A | +221.25% |
OBE vs ELVA Drawdown Comparison
The maximum drawdown for OBE was -66.67%, occurring on May 5, 2025. Recovery took 970 trading sessions.
The maximum drawdown for ELVA was -96.90%, occurring on Dec 26, 2018. This drawdown has not yet recovered.
The current OBE drawdown is -30.77%. The current ELVA drawdown is -36.73%.
| Rank | OBE | ELVA |
|---|---|---|
| #1 | -66.67% Jun 8, 2022 - Apr 22, 2026 | -96.90% Jul 6, 2016 - Dec 26, 2018 |
| #2 | -51.31% Jul 16, 2020 - Dec 16, 2020 | -39.69% Apr 19, 2016 - Jun 1, 2016 |
| #3 | -45.57% May 4, 2026 - Jul 6, 2026 | -29.16% Jun 20, 2016 - Jul 6, 2016 |
| #4 | -42.89% Jul 6, 2021 - Oct 5, 2021 | -15.70% Jan 12, 2016 - Feb 10, 2016 |
| #5 | -36.97% Mar 17, 2021 - Jun 1, 2021 | -14.59% Jun 3, 2016 - Jun 15, 2016 |
| #6 | -33.33% May 20, 2020 - Jul 16, 2020 | -14.43% Mar 18, 2016 - Apr 11, 2016 |
| #7 | -30.59% Apr 18, 2022 - Jun 1, 2022 | -5.20% Feb 16, 2016 - Mar 1, 2016 |
| #8 | -23.10% Nov 1, 2021 - Jan 3, 2022 | -2.30% Mar 14, 2016 - Mar 17, 2016 |
| #9 | -21.70% Jan 8, 2021 - Feb 16, 2021 | -1.23% Apr 12, 2016 - Apr 15, 2016 |
| #10 | -16.99% Feb 24, 2022 - Mar 25, 2022 | -0.93% Mar 4, 2016 - Mar 10, 2016 |
| #11 | -11.33% Feb 24, 2021 - Mar 8, 2021 | -0.90% Feb 10, 2016 - Feb 16, 2016 |
| #12 | -9.61% Feb 16, 2022 - Feb 23, 2022 | -0.49% Apr 15, 2016 - Apr 19, 2016 |
| #13 | -9.52% Apr 17, 2020 - Apr 30, 2020 | -0.46% Mar 10, 2016 - Mar 14, 2016 |
| #14 | -9.17% Apr 5, 2022 - Apr 13, 2022 | N/A |
| #15 | -9.09% Apr 30, 2020 - May 7, 2020 | N/A |
Correlation
Correlation between OBE and ELVA is 0.19 which considered as a very weak or no correlation - the stocks move independently of each other.
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