NVE Competitors
| NVEC Stock | USD 65.28 0.58 0.90% |
NVE vs Forge Global Correlation
The current year's Return On Equity is expected to grow to 0.23, whereas Return On Tangible Assets are forecasted to decline to 0.24. At present, NVE's Other Current Assets are projected to decrease significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 68.6 M, whereas Total Assets are forecasted to decline to about 54.7 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NVE's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
NVE Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between NVE and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of NVE and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of NVE Corporation does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between NVE Stock performing well and NVE Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze NVE's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VLN | 4.02 | (0.05) | 0.02 | 0.07 | 4.18 | 7.69 | 69.66 | |||
| XPER | 1.85 | (0.37) | 0.00 | (0.12) | 0.00 | 4.41 | 14.99 | |||
| TBCH | 2.07 | (0.58) | 0.00 | (0.25) | 0.00 | 3.09 | 14.42 | |||
| GSIT | 4.84 | (0.37) | 0.00 | (0.33) | 0.00 | 8.57 | 40.45 | |||
| BZAI | 4.67 | (1.48) | 0.00 | (0.91) | 0.00 | 7.38 | 29.46 | |||
| AXTI | 6.36 | 1.88 | 0.32 | 0.85 | 5.51 | 17.70 | 35.11 | |||
| PDYN | 5.25 | (0.04) | 0.03 | 0.08 | 5.29 | 13.96 | 34.34 | |||
| FEIM | 3.67 | 0.72 | 0.17 | 0.86 | 3.68 | 7.87 | 38.17 | |||
| REKR | 3.07 | (1.47) | 0.00 | (0.68) | 0.00 | 4.90 | 16.09 | |||
| FRGE | 2.05 | 1.18 | 3.27 | (0.75) | 0.00 | 0.56 | 69.57 |
Cross Equities Net Income Analysis
Compare NVE Corporation and related stocks such as Valens, Xperi Corp, and Turtle Beach Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VLN | (25.9 M) | (25.9 M) | (25.9 M) | (25.9 M) | (25.9 M) | (25.9 M) | (25.9 M) | (25.9 M) | (25.9 M) | (25.9 M) | (19.6 M) | (26.5 M) | (27.7 M) | (19.7 M) | (36.6 M) | (32.9 M) | (34.6 M) |
| XPER | (32.8 M) | (19.3 M) | (30.2 M) | (157.6 M) | 174.9 M | 117.1 M | 56.1 M | (56.6 M) | (1.8 M) | (64 M) | (138.3 M) | (175.6 M) | (757.5 M) | (136.6 M) | (14 M) | (12.6 M) | (13.2 M) |
| TBCH | (2.1 M) | (1.5 M) | (4.5 M) | (7.7 M) | (15.5 M) | (82.9 M) | (87.2 M) | (3.2 M) | 39.2 M | 17.9 M | 38.7 M | 17.7 M | (59.5 M) | (17.7 M) | 16.2 M | 18.6 M | 19.5 M |
| GSIT | (7.4 M) | 6.8 M | 3.8 M | (6.2 M) | (5 M) | (2.2 M) | (115 K) | (4.5 M) | 163 K | (10.3 M) | (21.5 M) | (17.7 M) | (16 M) | (20.1 M) | (10.6 M) | (9.6 M) | (9.1 M) |
| BZAI | (65.9 K) | (65.9 K) | (65.9 K) | (65.9 K) | (65.9 K) | (65.9 K) | (65.9 K) | (65.9 K) | (65.9 K) | (65.9 K) | (65.9 K) | (65.9 K) | (104.6 M) | (87.6 M) | (61.2 M) | (55.1 M) | (57.8 M) |
| AXTI | 6.3 M | 20.3 M | 3.1 M | (8 M) | (1.4 M) | (2.2 M) | 5.6 M | 10.1 M | 9.7 M | (1.6 M) | 3.2 M | 14.6 M | 15.8 M | (17.9 M) | (11.6 M) | (13.4 M) | (12.7 M) |
| PDYN | (18 M) | (18 M) | (18 M) | (18 M) | (18 M) | (18 M) | (18 M) | (18 M) | (18 M) | (18 M) | (20.9 M) | (81.5 M) | (157.1 M) | (115.6 M) | (72.6 M) | (65.4 M) | (68.6 M) |
| FEIM | 5.1 M | 7.4 M | 3.7 M | 4 M | 2.8 M | 1 M | (4.8 M) | (23.8 M) | (2.5 M) | (10 M) | 680 K | (8.7 M) | (5.5 M) | 5.6 M | 23.8 M | 21.4 M | 22.5 M |
| REKR | 114.8 K | 114.8 K | 114.8 K | 114.8 K | 114.8 K | 369.4 K | (39 K) | (5 M) | (5.7 M) | (15.9 M) | (14.2 M) | (26.8 M) | (83.1 M) | (45.7 M) | (61.4 M) | (55.3 M) | (52.5 M) |
| FRGE | (15.2 M) | (15.2 M) | (15.2 M) | (15.2 M) | (15.2 M) | (15.2 M) | (15.2 M) | (15.2 M) | (15.2 M) | (15.2 M) | (9.7 M) | (18.5 M) | (111.9 M) | (90.2 M) | (66.3 M) | (59.7 M) | (62.7 M) |
NVE Corporation and related stocks such as Valens, Xperi Corp, and Turtle Beach Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in NVE Corporation financial statement analysis. It represents the amount of money remaining after all of NVE Corporation operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.NVE Competitive Analysis
The better you understand NVE competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, NVE's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across NVE's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
NVE Competition Performance Charts
Five steps to successful analysis of NVE Competition
NVE's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by NVE Corporation in relation to its competition. NVE's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of NVE in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact NVE's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to NVE Corporation, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out NVE Correlation with its peers. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Will Semiconductors & Semiconductor Equipment sector continue expanding? Could NVE diversify its offerings? Factors like these will boost the valuation of NVE. Anticipated expansion of NVE directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every NVE data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.18) | Dividend Share 4 | Earnings Share 2.85 | Revenue Per Share | Quarterly Revenue Growth (0.06) |
Investors evaluate NVE Corporation using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating NVE's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause NVE's market price to deviate significantly from intrinsic value.
It's important to distinguish between NVE's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding NVE should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, NVE's market price signifies the transaction level at which participants voluntarily complete trades.