APLD vs. AMSC
APLD (Applied Digital Corporation) and AMSC (American Superconductor Corporation) are both stocks. APLD operates in Information Technology Services (Technology), while AMSC operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, APLD returned 124.58%/yr vs 16.89%/yr for AMSC. At a 0.12 correlation, their price movements are largely independent.
Performance
APLD vs. AMSC - Performance Comparison
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Returns By Period
In the year-to-date period, APLD achieves a 59.71% return, which is significantly higher than AMSC's 38.05% return. Over the past 10 years, APLD has outperformed AMSC with an annualized return of 124.58%, while AMSC has yielded a comparatively lower 16.89% annualized return.
APLD
- 1D
- -4.37%
- 1M
- -17.17%
- YTD
- 59.71%
- 6M
- 62.83%
- 1Y
- 277.26%
- 3Y*
- 74.46%
- 5Y*
- 87.94%
- 10Y*
- 124.58%
AMSC
- 1D
- -1.37%
- 1M
- -22.01%
- YTD
- 38.05%
- 6M
- 29.92%
- 1Y
- 9.03%
- 3Y*
- 92.27%
- 5Y*
- 17.71%
- 10Y*
- 16.89%
APLD vs. AMSC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APLD Applied Digital Corporation | 59.71% | 220.94% | 13.35% | 266.30% | -56.09% | 11,789.90% | 389.44% | -34.55% | 64.99% | -33.33% |
AMSC American Superconductor Corporation | 38.05% | 16.85% | 121.10% | 202.72% | -66.18% | -53.54% | 198.34% | -29.60% | 207.16% | -50.75% |
Correlation
The correlation between APLD and AMSC is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2008 | 0.12 |
Over the past year, APLD and AMSC have become more correlated (0.46) than their long-term average of 0.12, meaning their price movements have been converging.
Fundamentals
APLD:
$10.64B
AMSC:
$1.86B
APLD:
-$0.72
AMSC:
$3.05
APLD:
26.54
AMSC:
5.83
APLD:
6.76
AMSC:
3.34
APLD:
$390.57M
AMSC:
$299.15M
APLD:
$124.93M
AMSC:
$91.38M
APLD:
-$154.66M
AMSC:
$19.29M
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Return for Risk
APLD vs. AMSC — Risk / Return Rank
APLD
AMSC
APLD vs. AMSC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and American Superconductor Corporation (AMSC). 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.
| APLD | AMSC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.46 | ||
| Sortino ratioReturn per unit of downside risk | +2.33 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.10 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 5.42 | 0.14 | +5.28 |
| Martin ratioReturn relative to average drawdown | 13.26 | 0.22 | +13.04 |
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Drawdowns
APLD vs. AMSC - Drawdown Comparison
The maximum APLD drawdown since its inception was -99.73%, roughly equal to the maximum AMSC drawdown of -99.57%. Use the drawdown chart below to compare losses from any high point for APLD and AMSC.
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Drawdown Indicators
| APLD | AMSC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.73% | -99.57% | -0.16% |
Max Drawdown (1Y)Largest decline over 1 year | -50.31% | -61.08% | +10.77% |
Max Drawdown (3Y)Largest decline over 3 years | -76.66% | -63.86% | -12.80% |
Max Drawdown (5Y)Largest decline over 5 years | -82.61% | -82.94% | +0.33% |
Max Drawdown (10Y)Largest decline over 10 years | -89.80% | -89.06% | -0.74% |
Current DrawdownCurrent decline from peak | -21.13% | -94.26% | +73.13% |
Average DrawdownAverage peak-to-trough decline | -74.72% | -75.78% | +1.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.53% | 37.14% | -16.61% |
Volatility
APLD vs. AMSC - Volatility Comparison
Applied Digital Corporation (APLD) and American Superconductor Corporation (AMSC) have volatilities of 21.98% and 23.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APLD | AMSC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.98% | 23.04% | -1.06% |
Volatility (6M)Calculated over the trailing 6-month period | 75.52% | 55.25% | +20.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 106.71% | 85.50% | +21.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 164.74% | 87.42% | +77.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 301.51% | 79.21% | +222.30% |
Dividends
APLD vs. AMSC - Dividend Comparison
Neither APLD nor AMSC has paid dividends to shareholders.
Financials
APLD vs. AMSC - Financials Comparison
This section allows you to compare key financial metrics between Applied Digital Corporation and American Superconductor 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
APLD vs. AMSC - Profitability Comparison
APLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a gross profit of 82.52M and revenue of 161.76M. Therefore, the gross margin over that period was 51.0%.
AMSC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, American Superconductor Corporation reported a gross profit of 23.60M and revenue of 86.41M. Therefore, the gross margin over that period was 27.3%.
APLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported an operating income of -62.13M and revenue of 161.76M, resulting in an operating margin of -38.4%.
AMSC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, American Superconductor Corporation reported an operating income of -522.00K and revenue of 86.41M, resulting in an operating margin of -0.6%.
APLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a net income of -104.11M and revenue of 161.76M, resulting in a net margin of -64.4%.
AMSC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, American Superconductor Corporation reported a net income of 4.53M and revenue of 86.41M, resulting in a net margin of 5.2%.
Frequently Asked Questions
APLD and AMSC have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMSC has higher volatility (23.04%) compared to APLD (21.98%). In terms of maximum drawdown, APLD dropped -99.73% vs AMSC's -99.57%.
APLD currently has the higher Sharpe Ratio (2.56 vs 0.10), 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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