AISPW vs. PDYN

Last updated Apr 1, 2026

Compare and contrast key facts about Airship AI Holdings Inc (AISPW) and Palladyne AI Corp (PDYN).

Performance

AISPW vs. PDYN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Airship AI Holdings Inc (AISPW) and Palladyne AI Corp (PDYN). The values are adjusted to include any dividend payments, if applicable.

AISPW vs. PDYN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AISPW Airship AI Holdings Inc	-11.34%	-60.98%	4,887.83%	-48.62%	-84.91%	-8.90%
PDYN Palladyne AI Corp	42.49%	-65.28%	1,601.10%	-78.58%	-94.38%	9.67%

Fundamentals

Market Cap AISPW : $27.44M PDYN : $256.94M
EPS AISPW : $781.71 PDYN : $0.25
PE Ratio AISPW : 0.00 PDYN : 24.30
Total Revenue (TTM) AISPW : $0.00 PDYN : $5.25M
Gross Profit (TTM) AISPW : $7.70B PDYN : $2.56M
EBITDA (TTM) AISPW : -$7.22B PDYN : -$27.42M

Returns By Period

In the year-to-date period, AISPW achieves a -11.34% return, which is significantly lower than PDYN's 42.49% return.

AISPW

• 1D: 18.22%
• 1M: -26.69%
• YTD: -11.34%
• 6M: -57.53%
• 1Y: -36.67%
• 3Y*: 67.96%
• 5Y*: —
• 10Y*: —

PDYN

• 1D: 12.83%
• 1M: -13.66%
• YTD: 42.49%
• 6M: -29.34%
• 1Y: 3.23%
• 3Y*: 28.69%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AISPW vs. PDYN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AISPW

AISPW Risk / Return Rank: 33
AISPW Sharpe Ratio Rank: 31
AISPW Sortino Ratio Rank: 47
AISPW Omega Ratio Rank: 43
AISPW Calmar Ratio Rank: 23
AISPW Martin Ratio Rank: 24

PDYN

PDYN Risk / Return Rank: 44
PDYN Sharpe Ratio Rank: 42
PDYN Sortino Ratio Rank: 54
PDYN Omega Ratio Rank: 49
PDYN Calmar Ratio Rank: 38
PDYN Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AISPW vs. PDYN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Airship AI Holdings Inc (AISPW) and Palladyne AI Corp (PDYN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AISPW	PDYN	Difference
Sharpe ratio Return per unit of total volatility	-0.25	0.03	-0.28
Sortino ratio Return per unit of downside risk	0.65	0.94	-0.29
Omega ratio Gain probability vs. loss probability	1.07	1.10	-0.03
Calmar ratio Return relative to maximum drawdown	-0.57	-0.10	-0.47
Martin ratio Return relative to average drawdown	-1.02	-0.18	-0.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AISPW vs. PDYN - Sharpe Ratio Comparison

The current AISPW Sharpe Ratio is -0.25, which is lower than the PDYN Sharpe Ratio of 0.03. The chart below compares the historical Sharpe Ratios of AISPW and PDYN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AISPW	PDYN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.25	0.03	-0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	-0.27	+0.28

Correlation

The correlation between AISPW and PDYN is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AISPW vs. PDYN - Dividend Comparison

Neither AISPW nor PDYN has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

AISPW vs. PDYN - Drawdown Comparison

The maximum AISPW drawdown since its inception was -99.17%, roughly equal to the maximum PDYN drawdown of -99.23%. Use the drawdown chart below to compare losses from any high point for AISPW and PDYN.

Drawdown Indicators

	AISPW	PDYN	Difference
Max Drawdown Largest peak-to-trough decline	-99.17%	-99.23%	+0.06%
Max Drawdown (1Y) Largest decline over 1 year	-80.52%	-67.27%	-13.25%
Current Drawdown Current decline from peak	-76.97%	-89.86%	+12.89%
Average Drawdown Average peak-to-trough decline	-69.01%	-81.73%	+12.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	45.17%	38.04%	+7.13%

Volatility

AISPW vs. PDYN - Volatility Comparison

The current volatility for Airship AI Holdings Inc (AISPW) is 34.08%, while Palladyne AI Corp (PDYN) has a volatility of 41.31%. This indicates that AISPW experiences smaller price fluctuations and is considered to be less risky than PDYN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AISPW	PDYN	Difference
Volatility (1M) Calculated over the trailing 1-month period	34.08%	41.31%	-7.23%
Volatility (6M) Calculated over the trailing 6-month period	106.04%	77.28%	+28.76%
Volatility (1Y) Calculated over the trailing 1-year period	148.14%	107.83%	+40.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	338.15%	143.29%	+194.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	338.15%	143.29%	+194.86%

Financials