NVX
Price
$1.65
Change
+$0.01 (+0.61%)
Updated
Dec 20, 04:59 PM (EDT)
66 days until earnings call
SHLS
Price
$5.14
Change
+$0.60 (+13.22%)
Updated
Dec 20, 04:59 PM (EDT)
65 days until earnings call
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NVX vs SHLS

Header iconNVX vs SHLS Comparison
Open Charts NVX vs SHLSBanner chart's image
NOVONIX
Price$1.65
Change+$0.01 (+0.61%)
Volume$203
CapitalizationN/A
Shoals Technologies Group
Price$5.14
Change+$0.60 (+13.22%)
Volume$121.15K
CapitalizationN/A
NVX vs SHLS Comparison Chart
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NVX
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
SHLS
Daily Signalchanged days ago
Gain/Loss if bought
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VS
NVX vs. SHLS 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 NVX is a Hold and SHLS is a Hold.

COMPARISON
Comparison
Dec 23, 2024
Stock price -- (NVX: $1.65)
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.

NVX’s TA Score shows that 3 TA indicator(s) are bullish while SHLS’s TA Score has 7 bullish TA indicator(s).

  • NVX’s TA Score: 3 bullish, 8 bearish.
  • SHLS’s TA Score: 7 bullish, 2 bearish.
According to our system of comparison, SHLS is a better buy in the short-term than NVX.

Price Growth

NVX (@Electrical Products) experienced а +5.77% price change this weekfor 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

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
SHLS($1.94B) has a higher market cap than NVX($274M). NVX YTD gains are higher at: -14.948 vs. SHLS (-67.053). SHLS has higher annual earnings (EBITDA): 89.6M vs. NVX (-38.86M). NVX has more cash in the bank: 78.7M vs. SHLS (22.7M). NVX has less debt than SHLS: NVX (69.4M) vs SHLS (181M). SHLS has higher revenues than NVX: SHLS (489M) vs NVX (8.06M).
NVXSHLSNVX / SHLS
Capitalization274M1.94B14%
EBITDA-38.86M89.6M-43%
Gain YTD-14.948-67.05322%
P/E RatioN/A47.38-
Revenue8.06M489M2%
Total Cash78.7M22.7M347%
Total Debt69.4M181M38%
TECHNICAL ANALYSIS
Technical Analysis
NVXSHLS
RSI
ODDS (%)
Bearish Trend 3 days ago
90%
Bullish Trend 3 days ago
79%
Stochastic
ODDS (%)
Bullish Trend 3 days ago
82%
Bullish Trend 3 days ago
80%
Momentum
ODDS (%)
Bearish Trend 3 days ago
90%
Bullish Trend 3 days ago
87%
MACD
ODDS (%)
Bearish Trend 3 days ago
89%
Bullish Trend 3 days ago
88%
TrendWeek
ODDS (%)
Bullish Trend 3 days ago
74%
Bullish Trend 3 days ago
78%
TrendMonth
ODDS (%)
Bearish Trend 3 days ago
87%
Bullish Trend 3 days ago
71%
Advances
ODDS (%)
Bullish Trend 5 days ago
74%
Bullish Trend 28 days ago
80%
Declines
ODDS (%)
Bearish Trend 7 days ago
90%
Bearish Trend 4 days ago
88%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
88%
Bullish Trend 5 days ago
84%
Aroon
ODDS (%)
Bullish Trend 3 days ago
71%
N/A
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NVX
Daily Signalchanged days ago
Gain/Loss if bought
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SHLS
Daily Signalchanged days ago
Gain/Loss if bought
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NVX and

Correlation & Price change

A.I.dvisor indicates that over the last year, NVX has been closely correlated with NVNXF. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if NVX jumps, then NVNXF could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NVX
1D Price
Change %
NVX100%
+0.61%
NVNXF - NVX
67%
Closely correlated
+8.53%
EOSE - NVX
28%
Poorly correlated
+5.79%
ARRY - NVX
24%
Poorly correlated
+5.43%
SHLS - NVX
23%
Poorly correlated
+12.78%
SEDG - NVX
22%
Poorly correlated
+12.66%
More

SHLS and

Correlation & Price change

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

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SHLS
1D Price
Change %
SHLS100%
+12.78%
ARRY - SHLS
66%
Closely correlated
+5.43%
NXT - SHLS
63%
Loosely correlated
+3.87%
RUN - SHLS
60%
Loosely correlated
+8.11%
FSLR - SHLS
55%
Loosely correlated
+3.70%
FCEL - SHLS
52%
Loosely correlated
+11.68%
More