TMAC vs NOAC
Comparison between Music Acquisition Corporation - Series A (TMAC, Company) and Natural Order Acquisition Corp (NOAC, Company).
TMAC vs NOAC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
TMAC
$290M
NOAC
$289M
Max Drawdown
Winner
TMAC
3.52%
NOAC
15.13%
Sharpe Ratio
Winner
TMAC
-0.44
NOAC
-0.53
P/E Ratio
Winner
TMAC
26.49
NOAC
89.34
Debt to Equity
TMAC
0.00%
NOAC
0.00%
Free Cash Flow Yield
Winner
TMAC
-0.24%
NOAC
-0.63%
P/B Ratio
TMAC
-32.12
Winner
NOAC
-36.95
TMAC vs NOAC - Historical Returns
Returns include dividend reinvestment.
1M
Winner
TMAC
+0.80%
NOAC
+0.70%
3M
Winner
TMAC
+2.64%
NOAC
+1.31%
6M
Winner
TMAC
+2.85%
NOAC
+2.03%
1Y
Winner
TMAC
+3.38%
NOAC
+2.76%
Max(CAGR)
Winner
TMAC
+2.74%
NOAC
-1.05%
TMAC vs NOAC - Annual Returns (2021 - 2022)
Returns include dividend reinvestment.
| Year | TMAC | NOAC |
|---|---|---|
| 2022 | +3.80% | +2.44% |
| 2021 | +1.14% | -4.20% |
TMAC vs NOAC Drawdown Comparison
The maximum drawdown for TMAC was -3.52%, occurring on Aug 25, 2021. Recovery took 345 trading sessions.
The maximum drawdown for NOAC was -15.13%, occurring on Aug 13, 2021. This drawdown has not yet recovered.
The current NOAC drawdown is -11.52%.
| Rank | TMAC | NOAC |
|---|---|---|
| #1 | -3.52% Jun 11, 2021 - Oct 24, 2022 | -15.13% Feb 3, 2021 - Aug 13, 2021 |
| #2 | -2.13% Apr 8, 2021 - Jun 11, 2021 | N/A |
| #3 | -1.43% Mar 31, 2021 - Apr 8, 2021 | N/A |
| #4 | -0.20% Nov 18, 2022 - Nov 28, 2022 | N/A |
| #5 | -0.10% Oct 31, 2022 - Nov 4, 2022 | N/A |
| #6 | -0.10% Nov 7, 2022 - Nov 17, 2022 | N/A |
| #7 | -0.05% Oct 26, 2022 - Oct 28, 2022 | N/A |
Correlation
Correlation between TMAC and NOAC is 0.55 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.55
-101
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