ARRY
Price
$6.22
Change
-$0.26 (-4.01%)
Updated
Oct 30, 03:01 PM (EDT)
8 days until earnings call
NVX
Price
$1.87
Change
-$0.17 (-8.33%)
Updated
Oct 30, 03:01 PM (EDT)
28 days until earnings call
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ARRY vs NVX

Header iconARRY vs NVX Comparison
Open Charts ARRY vs NVXBanner chart's image
Array Technologies
Price$6.22
Change-$0.26 (-4.01%)
Volume$1.25M
CapitalizationN/A
NOVONIX
Price$1.87
Change-$0.17 (-8.33%)
Volume$6.68K
CapitalizationN/A
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ARRY vs NVX Comparison Chart
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ARRY
Daily Signalchanged days ago
Gain/Loss if shorted
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NVX
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
ARRY vs. NVX commentary
Oct 31, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ARRY is a Hold and NVX is a Hold.

COMPARISON
Comparison
Oct 31, 2024
Stock price -- (NVX: $2.00)
Brand notoriety:
Market capitalization --

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

NVX’s FA Score shows that 0 FA rating(s) are green while.

  • NVX’s FA Score: 0 green, 5 red.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

ARRY’s TA Score shows that 2 TA indicator(s) are bullish while NVX’s TA Score has 3 bullish TA indicator(s).

  • ARRY’s TA Score: 2 bullish, 6 bearish.
  • NVX’s TA Score: 3 bullish, 4 bearish.
According to our system of comparison, NVX is a better buy in the short-term than ARRY.

Price Growth

NVX (@Electrical Products) experienced а -9.91% price change this weekfor the same time period.

The average weekly price growth across all stocks in the @Electrical Products industry was +2.21%. For the same industry, the average monthly price growth was +11.94%, and the average quarterly price growth was +1.81%.

Reported Earning Dates

NVX is expected to report earnings on Feb 27, 2025.

Industries' Descriptions

@Electrical Products (+2.21% weekly)

The industry produces a diverse range of electricity-powered equipment, appliances and components, catering to both households and industries. The products include power, distribution and specialty transformers; electric motors, generators and motor-generator sets; switchgear and switchboard apparatus; light bulbs, tubes, fittings and electric signs etc. Consumer income, construction spending, and industrial production are major drivers of demand for this industry’s products. Large companies tend to have economies of scale in production, marketing, and distribution, while smaller companies can potentially carve out their own market through niche or specialty offerings. The US electrical products manufacturing industry includes about 5,700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $125 billion. (according to a study published in First Research). Emerson Electric Co., Hubbell Incorporated and Eaton Corporation plc are major electrical products makers in the U.S.

SUMMARIES
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FUNDAMENTALS
Fundamentals
ARRY($2.22B) has a higher market cap than NVX($274M). NVX YTD gains are higher at: 3.093 vs. ARRY (-61.429). ARRY has higher annual earnings (EBITDA): 276M vs. NVX (-38.86M). ARRY has more cash in the bank: 249M vs. NVX (78.7M). NVX has less debt than ARRY: NVX (69.4M) vs ARRY (730M). ARRY has higher revenues than NVX: ARRY (1.58B) vs NVX (8.06M).
ARRYNVXARRY / NVX
Capitalization2.22B274M811%
EBITDA276M-38.86M-710%
Gain YTD-61.4293.093-1,986%
P/E Ratio26.23N/A-
Revenue1.58B8.06M19,578%
Total Cash249M78.7M316%
Total Debt730M69.4M1,052%
FUNDAMENTALS RATINGS
ARRY: Fundamental Ratings
ARRY
OUTLOOK RATING
1..100
64
VALUATION
overvalued / fair valued / undervalued
1..100
84
Overvalued
PROFIT vs RISK RATING
1..100
100
SMR RATING
1..100
80
PRICE GROWTH RATING
1..100
89
P/E GROWTH RATING
1..100
30
SEASONALITY SCORE
1..100
50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
ARRYNVX
RSI
ODDS (%)
N/A
Bearish Trend 2 days ago
90%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
78%
Bullish Trend 2 days ago
80%
Momentum
ODDS (%)
Bearish Trend 2 days ago
86%
Bearish Trend 2 days ago
81%
MACD
ODDS (%)
Bearish Trend 2 days ago
85%
Bearish Trend 2 days ago
89%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
89%
Bearish Trend 2 days ago
87%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
85%
Bullish Trend 2 days ago
68%
Advances
ODDS (%)
Bullish Trend 3 days ago
81%
N/A
Declines
ODDS (%)
Bearish Trend 7 days ago
90%
N/A
BollingerBands
ODDS (%)
Bearish Trend 2 days ago
89%
Bearish Trend 2 days ago
90%
Aroon
ODDS (%)
N/A
Bullish Trend 2 days ago
63%
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ARRY
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
NVX
Daily Signalchanged days ago
Gain/Loss if shorted
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ARRY and

Correlation & Price change

A.I.dvisor indicates that over the last year, ARRY has been closely correlated with SHLS. These tickers have moved in lockstep 66% of the time. This A.I.-generated data suggests there is a high statistical probability that if ARRY jumps, then SHLS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ARRY
1D Price
Change %
ARRY100%
-2.85%
SHLS - ARRY
66%
Closely correlated
-2.24%
FSLR - ARRY
61%
Loosely correlated
-2.61%
NXT - ARRY
59%
Loosely correlated
-0.68%
RUN - ARRY
57%
Loosely correlated
-2.01%
AXON - ARRY
53%
Loosely correlated
-0.17%
More