NVNXF
Price
$0.42
Change
+$0.03 (+7.69%)
Updated
Dec 20 closing price
66 days until earnings call
NVX
Price
$1.65
Change
+$0.01 (+0.61%)
Updated
Dec 20 closing price
66 days until earnings call
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NVNXF vs NVX

Header iconNVNXF vs NVX Comparison
Open Charts NVNXF vs NVXBanner chart's image
NOVONIX
Price$0.42
Change+$0.03 (+7.69%)
Volume$202.02K
CapitalizationN/A
NOVONIX
Price$1.65
Change+$0.01 (+0.61%)
Volume$188.27K
CapitalizationN/A
NVNXF vs NVX Comparison Chart
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NVNXF
Daily Signalchanged days ago
Gain/Loss if bought
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NVX
Daily Signalchanged days ago
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NVNXF vs. NVX commentary
Dec 23, 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 NVNXF is a Sell and NVX is a Hold.

COMPARISON
Comparison
Dec 23, 2024
Stock price -- (NVNXF: $0.42 vs. NVX: $1.65)
Brand notoriety: NVNXF and NVX are both not notable
Both companies represent the Electrical Products industry
Current volume relative to the 65-day Moving Average: NVNXF: 132% vs. NVX: 104%
Market capitalization -- NVNXF: $306.45M vs. NVX: $273.92M
NVNXF [@Electrical Products] is valued at $306.45M. NVX’s [@Electrical Products] market capitalization is $273.92M. The market cap for tickers in the [@Electrical Products] industry ranges from $181.26B to $0. The average market capitalization across the [@Electrical Products] industry is $4.7B.

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).

NVNXF’s FA Score shows that 0 FA rating(s) are green whileNVX’s FA Score has 0 green FA rating(s).

  • NVNXF’s FA Score: 0 green, 5 red.
  • NVX’s FA Score: 0 green, 5 red.
According to our system of comparison, both NVNXF and NVX are a bad buy in the long-term.

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.

NVNXF’s TA Score shows that 1 TA indicator(s) are bullish while NVX’s TA Score has 3 bullish TA indicator(s).

  • NVNXF’s TA Score: 1 bullish, 10 bearish.
  • NVX’s TA Score: 3 bullish, 8 bearish.
According to our system of comparison, NVX is a better buy in the short-term than NVNXF.

Price Growth

NVNXF (@Electrical Products) experienced а +7.54% price change this week, while NVX (@Electrical Products) price change was +5.77% for the same time period.

The average weekly price growth across all stocks in the @Electrical Products industry was -1.28%. For the same industry, the average monthly price growth was +0.45%, and the average quarterly price growth was +4.16%.

Reported Earning Dates

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

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

Industries' Descriptions

@Electrical Products (-1.28% 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
NVNXF($306M) has a higher market cap than NVX($274M). NVNXF YTD gains are higher at: -13.306 vs. NVX (-14.948). NVX has higher annual earnings (EBITDA): -38.86M vs. NVNXF (-63.59M). NVNXF has more cash in the bank: 207M vs. NVX (78.7M). NVNXF has less debt than NVX: NVNXF (61.4M) vs NVX (69.4M). NVNXF (8.42M) and NVX (8.06M) have equivalent revenues.
NVNXFNVXNVNXF / NVX
Capitalization306M274M112%
EBITDA-63.59M-38.86M164%
Gain YTD-13.306-14.94889%
P/E RatioN/AN/A-
Revenue8.42M8.06M105%
Total Cash207M78.7M263%
Total Debt61.4M69.4M88%
TECHNICAL ANALYSIS
Technical Analysis
NVNXFNVX
RSI
ODDS (%)
Bearish Trend 3 days ago
90%
Bearish Trend 3 days ago
90%
Stochastic
ODDS (%)
Bearish Trend 3 days ago
90%
Bullish Trend 3 days ago
82%
Momentum
ODDS (%)
Bearish Trend 3 days ago
88%
Bearish Trend 3 days ago
90%
MACD
ODDS (%)
Bearish Trend 3 days ago
90%
Bearish Trend 3 days ago
89%
TrendWeek
ODDS (%)
Bullish Trend 3 days ago
83%
Bullish Trend 3 days ago
74%
TrendMonth
ODDS (%)
Bearish Trend 3 days ago
90%
Bearish Trend 3 days ago
87%
Advances
ODDS (%)
Bullish Trend 5 days ago
80%
Bullish Trend 5 days ago
74%
Declines
ODDS (%)
Bearish Trend 7 days ago
90%
Bearish Trend 7 days ago
90%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
89%
Bearish Trend 3 days ago
88%
Aroon
ODDS (%)
Bearish Trend 6 days ago
90%
Bullish Trend 3 days ago
71%
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NVNXF
Daily Signalchanged days ago
Gain/Loss if bought
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NVX
Daily Signalchanged days ago
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NVNXF and

Correlation & Price change

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

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NVNXF
1D Price
Change %
NVNXF100%
+8.53%
NVX - NVNXF
66%
Closely correlated
+0.61%
FREY - NVNXF
21%
Poorly correlated
+19.34%
FELTY - NVNXF
20%
Poorly correlated
-1.42%
MIELY - NVNXF
14%
Poorly correlated
-0.45%
LGRDY - NVNXF
12%
Poorly correlated
+0.72%
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