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APLD vs. INDI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between APLD and INDI is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

APLD vs. INDI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Applied Digital Corporation (APLD) and indie Semiconductor, Inc. (INDI). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

APLD:

0.60

INDI:

-0.55

Sortino Ratio

APLD:

1.91

INDI:

-0.55

Omega Ratio

APLD:

1.23

INDI:

0.94

Calmar Ratio

APLD:

0.94

INDI:

-0.61

Martin Ratio

APLD:

3.06

INDI:

-1.11

Ulcer Index

APLD:

29.64%

INDI:

49.83%

Daily Std Dev

APLD:

145.84%

INDI:

102.55%

Max Drawdown

APLD:

-99.99%

INDI:

-89.91%

Current Drawdown

APLD:

-93.63%

INDI:

-82.97%

Fundamentals

Market Cap

APLD:

$1.53B

INDI:

$541.80M

EPS

APLD:

-$1.47

INDI:

-$0.76

PS Ratio

APLD:

6.94

INDI:

2.41

PB Ratio

APLD:

3.38

INDI:

1.30

Total Revenue (TTM)

APLD:

$221.19M

INDI:

$218.41M

Gross Profit (TTM)

APLD:

$12.34M

INDI:

$123.91M

EBITDA (TTM)

APLD:

-$46.07M

INDI:

-$119.75M

Returns By Period

In the year-to-date period, APLD achieves a -10.60% return, which is significantly higher than INDI's -33.33% return.


APLD

YTD

-10.60%

1M

72.91%

6M

-5.53%

1Y

64.98%

5Y*

202.47%

10Y*

113.78%

INDI

YTD

-33.33%

1M

41.36%

6M

-39.46%

1Y

-57.35%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

APLD vs. INDI — Risk-Adjusted Performance Rank

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

APLD
The Risk-Adjusted Performance Rank of APLD is 8080
Overall Rank
The Sharpe Ratio Rank of APLD is 7474
Sharpe Ratio Rank
The Sortino Ratio Rank of APLD is 8484
Sortino Ratio Rank
The Omega Ratio Rank of APLD is 8080
Omega Ratio Rank
The Calmar Ratio Rank of APLD is 8282
Calmar Ratio Rank
The Martin Ratio Rank of APLD is 7979
Martin Ratio Rank

INDI
The Risk-Adjusted Performance Rank of INDI is 1919
Overall Rank
The Sharpe Ratio Rank of INDI is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of INDI is 2020
Sortino Ratio Rank
The Omega Ratio Rank of INDI is 2222
Omega Ratio Rank
The Calmar Ratio Rank of INDI is 1212
Calmar Ratio Rank
The Martin Ratio Rank of INDI is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

APLD vs. INDI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and indie Semiconductor, Inc. (INDI). 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.


The current APLD Sharpe Ratio is 0.60, which is higher than the INDI Sharpe Ratio of -0.55. The chart below compares the historical Sharpe Ratios of APLD and INDI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

APLD vs. INDI - Dividend Comparison

Neither APLD nor INDI has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

APLD vs. INDI - Drawdown Comparison

The maximum APLD drawdown since its inception was -99.99%, which is greater than INDI's maximum drawdown of -89.91%. Use the drawdown chart below to compare losses from any high point for APLD and INDI. For additional features, visit the drawdowns tool.


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Volatility

APLD vs. INDI - Volatility Comparison

Applied Digital Corporation (APLD) has a higher volatility of 28.77% compared to indie Semiconductor, Inc. (INDI) at 19.65%. This indicates that APLD's price experiences larger fluctuations and is considered to be riskier than INDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

APLD vs. INDI - Financials Comparison

This section allows you to compare key financial metrics between Applied Digital Corporation and indie Semiconductor, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0020.00M40.00M60.00M80.00M20102012201420162018202020222024
52.92M
54.08M
(APLD) Total Revenue
(INDI) Total Revenue
Values in USD except per share items

APLD vs. INDI - Profitability Comparison

The chart below illustrates the profitability comparison between Applied Digital Corporation and indie Semiconductor, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%100.0%20102012201420162018202020222024
7.1%
41.7%
(APLD) Gross Margin
(INDI) Gross Margin
APLD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Applied Digital Corporation reported a gross profit of 3.78M and revenue of 52.92M. Therefore, the gross margin over that period was 7.1%.

INDI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, indie Semiconductor, Inc. reported a gross profit of 22.55M and revenue of 54.08M. Therefore, the gross margin over that period was 41.7%.

APLD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Applied Digital Corporation reported an operating income of -18.94M and revenue of 52.92M, resulting in an operating margin of -35.8%.

INDI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, indie Semiconductor, Inc. reported an operating income of -38.93M and revenue of 54.08M, resulting in an operating margin of -72.0%.

APLD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Applied Digital Corporation reported a net income of -35.56M and revenue of 52.92M, resulting in a net margin of -67.2%.

INDI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, indie Semiconductor, Inc. reported a net income of -34.55M and revenue of 54.08M, resulting in a net margin of -63.9%.