Performance analysis of Novonix (NVX)
Annual Return
Over the past 3 years, NVX has had an average annual return of -36.29%, underperforming the benchmark SPY, which returned +22.45% annual.
Since Feb 2, 2022, NVX has had an average annual return of -55.27%, underperforming the benchmark SPY, which returned +13.76% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -32.60% | -43.88% | -7.22% | -52.69% | -81.57% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.42% | -3.61% | -27.40% | +4.52% | -0.93% | -4.67% | -32.60% | ||||||
| 2025 | -18.91% | -24.70% | +3.64% | -0.78% | +0% | -10.63% | +18.28% | +24.77% | -14.18% | +18.09% | -22.53% | -13.69% | -43.88% |
| 2024 | -24.77% | +50.76% | +1.82% | +0.89% | -15.55% | -6.29% | +5.35% | -10.27% | +8.82% | -0.24% | +7.88% | -9.10% | -7.22% |
| 2023 | +28.76% | -19.68% | -15.11% | -28.86% | -5.13% | +9.16% | -1.59% | +0.43% | -18.76% | -14.11% | +1.09% | +4.93% | -52.69% |
| 2022 | -32.58% | +27.32% | -22.40% | -20.43% | -44.04% | +24.71% | -19.33% | -29.22% | +48.96% | -11.57% | -33.75% | -81.57% |
Drawdown analysis of Novonix (NVX)
The maximum drawdown for the NVX was -97.30%, occurring on May 18, 2026. This drawdown has not yet recovered.
The current NVX drawdown is -96.94%.
Since Feb 2, 2022 NVX has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -97.30% | Feb 2, 2022 | 1075 | May 18, 2026 | Ongoing | Ongoing | Ongoing |