MVIS
Price
$0.91
Change
+$0.10 (+12.35%)
Updated
Dec 18, 04:59 PM (EDT)
77 days until earnings call
NOVT
Price
$156.34
Change
-$9.30 (-5.61%)
Updated
Dec 18, 04:59 PM (EDT)
70 days until earnings call
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MVIS vs NOVT

Header iconMVIS vs NOVT Comparison
Open Charts MVIS vs NOVTBanner chart's image
MicroVision
Price$0.91
Change+$0.10 (+12.35%)
Volume$35.06K
CapitalizationN/A
Novanta
Price$156.34
Change-$9.30 (-5.61%)
Volume$4.9K
CapitalizationN/A
MVIS vs NOVT Comparison Chart
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MVIS
Daily Signalchanged days ago
Gain/Loss if bought
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NOVT
Daily Signalchanged days ago
Gain/Loss if bought
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MVIS vs. NOVT commentary
Dec 19, 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 MVIS is a Hold and NOVT is a Hold.

COMPARISON
Comparison
Dec 19, 2024
Stock price -- (MVIS: $0.81 vs. NOVT: $165.65)
Brand notoriety: MVIS and NOVT are both not notable
Both companies represent the Electronic Equipment/Instruments industry
Current volume relative to the 65-day Moving Average: MVIS: 102% vs. NOVT: 95%
Market capitalization -- MVIS: $351.48M vs. NOVT: $6.26B
MVIS [@Electronic Equipment/Instruments] is valued at $351.48M. NOVT’s [@Electronic Equipment/Instruments] market capitalization is $6.26B. The market cap for tickers in the [@Electronic Equipment/Instruments] industry ranges from $109.85B to $0. The average market capitalization across the [@Electronic Equipment/Instruments] industry is $5.71B.

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).

MVIS’s FA Score shows that 0 FA rating(s) are green whileNOVT’s FA Score has 2 green FA rating(s).

  • MVIS’s FA Score: 0 green, 5 red.
  • NOVT’s FA Score: 2 green, 3 red.
According to our system of comparison, NOVT is a better buy in the long-term than MVIS.

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.

MVIS’s TA Score shows that 4 TA indicator(s) are bullish while NOVT’s TA Score has 3 bullish TA indicator(s).

  • MVIS’s TA Score: 4 bullish, 4 bearish.
  • NOVT’s TA Score: 3 bullish, 5 bearish.
According to our system of comparison, MVIS is a better buy in the short-term than NOVT.

Price Growth

MVIS (@Electronic Equipment/Instruments) experienced а -6.84% price change this week, while NOVT (@Electronic Equipment/Instruments) price change was -0.07% for the same time period.

The average weekly price growth across all stocks in the @Electronic Equipment/Instruments industry was -4.89%. For the same industry, the average monthly price growth was +0.57%, and the average quarterly price growth was +0.97%.

Reported Earning Dates

MVIS is expected to report earnings on Mar 05, 2025.

NOVT is expected to report earnings on Feb 26, 2025.

Industries' Descriptions

@Electronic Equipment/Instruments (-4.89% weekly)

This industry manufactures electronic products used in various critical and sophisticated technologies, including laser-based systems, circuit and continuity testers, electro-optical measuring instruments and high-speed precision weighing and inspection equipment. Some major companies operating in this business are Canon Inc., Keysight Technologies Inc., and Fortive Corp.

SUMMARIES
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FUNDAMENTALS
Fundamentals
NOVT($6.27B) has a higher market cap than MVIS($351M). NOVT YTD gains are higher at: -1.639 vs. MVIS (-69.549). NOVT has higher annual earnings (EBITDA): 170M vs. MVIS (-81.05M). NOVT has more cash in the bank: 105M vs. MVIS (73.8M). MVIS has less debt than NOVT: MVIS (15M) vs NOVT (405M). NOVT has higher revenues than MVIS: NOVT (882M) vs MVIS (7.26M).
MVISNOVTMVIS / NOVT
Capitalization351M6.27B6%
EBITDA-81.05M170M-48%
Gain YTD-69.549-1.6394,244%
P/E RatioN/A85.22-
Revenue7.26M882M1%
Total Cash73.8M105M70%
Total Debt15M405M4%
FUNDAMENTALS RATINGS
MVIS vs NOVT: Fundamental Ratings
MVIS
NOVT
OUTLOOK RATING
1..100
526
VALUATION
overvalued / fair valued / undervalued
1..100
47
Fair valued
91
Overvalued
PROFIT vs RISK RATING
1..100
10028
SMR RATING
1..100
9874
PRICE GROWTH RATING
1..100
8554
P/E GROWTH RATING
1..100
10025
SEASONALITY SCORE
1..100
n/an/a

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.

MVIS's Valuation (47) in the Electronic Components industry is somewhat better than the same rating for NOVT (91) in the Electronic Equipment Or Instruments industry. This means that MVIS’s stock grew somewhat faster than NOVT’s over the last 12 months.

NOVT's Profit vs Risk Rating (28) in the Electronic Equipment Or Instruments industry is significantly better than the same rating for MVIS (100) in the Electronic Components industry. This means that NOVT’s stock grew significantly faster than MVIS’s over the last 12 months.

NOVT's SMR Rating (74) in the Electronic Equipment Or Instruments industry is in the same range as MVIS (98) in the Electronic Components industry. This means that NOVT’s stock grew similarly to MVIS’s over the last 12 months.

NOVT's Price Growth Rating (54) in the Electronic Equipment Or Instruments industry is in the same range as MVIS (85) in the Electronic Components industry. This means that NOVT’s stock grew similarly to MVIS’s over the last 12 months.

NOVT's P/E Growth Rating (25) in the Electronic Equipment Or Instruments industry is significantly better than the same rating for MVIS (100) in the Electronic Components industry. This means that NOVT’s stock grew significantly faster than MVIS’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
MVISNOVT
RSI
ODDS (%)
Bullish Trend 2 days ago
89%
N/A
Stochastic
ODDS (%)
Bullish Trend 2 days ago
85%
Bullish Trend 2 days ago
74%
Momentum
ODDS (%)
Bearish Trend 2 days ago
85%
Bearish Trend 2 days ago
63%
MACD
ODDS (%)
Bearish Trend 2 days ago
86%
Bullish Trend 2 days ago
65%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
90%
Bearish Trend 2 days ago
59%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
90%
Bearish Trend 2 days ago
58%
Advances
ODDS (%)
Bullish Trend 27 days ago
85%
Bullish Trend 7 days ago
68%
Declines
ODDS (%)
Bearish Trend 6 days ago
88%
Bearish Trend 13 days ago
63%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
89%
Bearish Trend 2 days ago
73%
Aroon
ODDS (%)
Bearish Trend 2 days ago
90%
N/A
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MVIS
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
NOVT
Daily Signalchanged days ago
Gain/Loss if bought
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MVIS and

Correlation & Price change

A.I.dvisor indicates that over the last year, MVIS has been loosely correlated with NOVT. These tickers have moved in lockstep 39% of the time. This A.I.-generated data suggests there is some statistical probability that if MVIS jumps, then NOVT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MVIS
1D Price
Change %
MVIS100%
-2.24%
NOVT - MVIS
39%
Loosely correlated
-3.24%
MKSI - MVIS
35%
Loosely correlated
-0.87%
ESE - MVIS
35%
Loosely correlated
-1.80%
KEYS - MVIS
34%
Loosely correlated
-2.68%
HXGBY - MVIS
31%
Poorly correlated
-1.24%
More

NOVT and

Correlation & Price change

A.I.dvisor indicates that over the last year, NOVT has been loosely correlated with CGNX. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if NOVT jumps, then CGNX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NOVT
1D Price
Change %
NOVT100%
-3.24%
CGNX - NOVT
65%
Loosely correlated
-2.40%
TRMB - NOVT
61%
Loosely correlated
-1.82%
ESE - NOVT
60%
Loosely correlated
-1.80%
KEYS - NOVT
58%
Loosely correlated
-2.68%
ST - NOVT
57%
Loosely correlated
-2.55%
More