| NVE develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store and transmit information. Co. manufactures spintronic products including sensors and couplers that are used to acquire and transmit data. Co. has also licensed its spintronic magnetoresistive random access memory technology (MRAM). Co.'s products include: Sensor products, which detect the strength or gradient of magnetic fields and are used to determine position or speed; Coupler, which electrically isolate the coupled systems; and MRAM, which is used to store data in the spin of the electrons in thin metal alloy films, and read with spin-dependent tunnel junctions. The NVEC YTD return is shown above.
The YTD Return on the NVEC YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether NVEC YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the NVEC YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.