APEI vs. ULBI
APEI (American Public Education, Inc.) and ULBI (Ultralife Corporation) are both stocks. APEI operates in Education & Training Services (Consumer Defensive), while ULBI operates in Electrical Equipment & Parts (Industrials). Over the past 10 years, APEI returned 7.31%/yr vs 2.65%/yr for ULBI. At a 0.14 correlation, their price movements are largely independent.
Performance
APEI vs. ULBI - Performance Comparison
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Returns By Period
In the year-to-date period, APEI achieves a 42.78% return, which is significantly higher than ULBI's 10.40% return. Over the past 10 years, APEI has outperformed ULBI with an annualized return of 7.31%, while ULBI has yielded a comparatively lower 2.65% annualized return.
APEI
- 1D
- 2.37%
- 1M
- 4.80%
- YTD
- 42.78%
- 6M
- 42.33%
- 1Y
- 81.17%
- 3Y*
- 129.07%
- 5Y*
- 13.59%
- 10Y*
- 7.31%
ULBI
- 1D
- -2.24%
- 1M
- -1.94%
- YTD
- 10.40%
- 6M
- 6.67%
- 1Y
- -22.32%
- 3Y*
- 9.96%
- 5Y*
- -5.86%
- 10Y*
- 2.65%
APEI vs. ULBI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APEI American Public Education, Inc. | 42.78% | 75.24% | 123.52% | -21.48% | -44.76% | -27.00% | 11.28% | -3.76% | 13.61% | 2.04% |
ULBI Ultralife Corporation | 10.40% | -23.22% | 9.24% | 76.68% | -36.09% | -6.65% | -12.45% | 9.48% | 3.05% | 32.32% |
Correlation
The correlation between APEI and ULBI is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2007 | 0.14 |
Fundamentals
APEI:
$1.01B
ULBI:
$105.19M
APEI:
$2.18
ULBI:
-$0.49
APEI:
1.52
ULBI:
0.56
APEI:
3.31
ULBI:
0.81
APEI:
$659.05M
ULBI:
$187.86M
APEI:
$258.11M
ULBI:
$43.39M
APEI:
$70.64M
ULBI:
$6.73M
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Return for Risk
APEI vs. ULBI — Risk / Return Rank
APEI
ULBI
APEI vs. ULBI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Public Education, Inc. (APEI) and Ultralife Corporation (ULBI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| APEI | ULBI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.36 | ||
| Sortino ratioReturn per unit of downside risk | +3.01 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 0.97 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 3.66 | -0.50 | +4.16 |
| Martin ratioReturn relative to average drawdown | 10.52 | -0.80 | +11.32 |
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Drawdowns
APEI vs. ULBI - Drawdown Comparison
The maximum APEI drawdown since its inception was -92.17%, roughly equal to the maximum ULBI drawdown of -92.90%. Use the drawdown chart below to compare losses from any high point for APEI and ULBI.
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Drawdown Indicators
| APEI | ULBI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.17% | -92.90% | +0.73% |
Max Drawdown (1Y)Largest decline over 1 year | -22.30% | -44.69% | +22.39% |
Max Drawdown (3Y)Largest decline over 3 years | -40.52% | -68.83% | +28.31% |
Max Drawdown (5Y)Largest decline over 5 years | -87.00% | -68.83% | -18.17% |
Max Drawdown (10Y)Largest decline over 10 years | -91.44% | -68.83% | -22.61% |
Current DrawdownCurrent decline from peak | -11.32% | -74.22% | +62.90% |
Average DrawdownAverage peak-to-trough decline | -40.44% | -63.49% | +23.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.74% | 27.96% | -20.22% |
Volatility
APEI vs. ULBI - Volatility Comparison
The current volatility for American Public Education, Inc. (APEI) is 8.70%, while Ultralife Corporation (ULBI) has a volatility of 18.39%. This indicates that APEI experiences smaller price fluctuations and is considered to be less risky than ULBI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APEI | ULBI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.70% | 18.39% | -9.69% |
Volatility (6M)Calculated over the trailing 6-month period | 30.23% | 41.63% | -11.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.59% | 57.41% | -15.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.30% | 59.03% | +5.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.00% | 54.52% | +4.48% |
Dividends
APEI vs. ULBI - Dividend Comparison
Neither APEI nor ULBI has paid dividends to shareholders.
Financials
APEI vs. ULBI - Financials Comparison
This section allows you to compare key financial metrics between American Public Education, Inc. and Ultralife Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
APEI vs. ULBI - Profitability Comparison
APEI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, American Public Education, Inc. reported a gross profit of 0.00 and revenue of 174.74M. Therefore, the gross margin over that period was 0.0%.
ULBI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ultralife Corporation reported a gross profit of 10.11M and revenue of 47.45M. Therefore, the gross margin over that period was 21.3%.
APEI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, American Public Education, Inc. reported an operating income of 0.00 and revenue of 174.74M, resulting in an operating margin of 0.0%.
ULBI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ultralife Corporation reported an operating income of -215.00K and revenue of 47.45M, resulting in an operating margin of -0.5%.
APEI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, American Public Education, Inc. reported a net income of 17.73M and revenue of 174.74M, resulting in a net margin of 10.2%.
ULBI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ultralife Corporation reported a net income of -451.00K and revenue of 47.45M, resulting in a net margin of -1.0%.
Frequently Asked Questions
APEI and ULBI have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ULBI has higher volatility (18.39%) compared to APEI (8.70%). In terms of maximum drawdown, APEI dropped -92.17% vs ULBI's -92.90%.
APEI currently has the higher Sharpe Ratio (1.97 vs -0.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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