APPH vs. HYFM
Compare and contrast key facts about AppHarvest, Inc. (APPH) and Hydrofarm Holdings Group, Inc. (HYFM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: APPH or HYFM.
Key characteristics
| APPH | HYFM | |
|---|---|---|
| YTD Return | -20.92% | -37.00% |
| 1Y Return | -85.72% | -85.49% |
| 5Y Return (Ann) | -65.07% | -80.23% |
| 10Y Return (Ann) | -65.07% | -80.23% |
| Sharpe Ratio | -0.66 | -0.79 |
| Daily Std Dev | 131.68% | 108.09% |
| Max Drawdown | -98.87% | -98.95% |
Fundamentals
| APPH | HYFM | |
|---|---|---|
| Market Cap | $69.55M | $43.61M |
| EPS | -$1.59 | -$5.51 |
| Revenue (TTM) | $22.44M | $295.30M |
| Gross Profit (TTM) | -$42.40M | $36.80M |
| EBITDA (TTM) | -$95.47M | -$39.51M |
Correlation
The correlation between APPH and HYFM is 0.30, 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.
APPH vs. HYFM - Performance Comparison
In the year-to-date period, APPH achieves a -20.92% return, which is significantly lower than HYFM's -37.00% return. Over the past 10 years, APPH has underperformed HYFM with an annualized return of -65.07%, while HYFM has yielded a comparatively higher -80.23% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
APPH vs. HYFM - Dividend Comparison
Neither APPH nor HYFM has paid dividends to shareholders.
APPH vs. HYFM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AppHarvest, Inc. (APPH) and Hydrofarm Holdings Group, Inc. (HYFM). 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
APPH AppHarvest, Inc. | -0.66 | ||||
HYFM Hydrofarm Holdings Group, Inc. | -0.79 |
APPH vs. HYFM - Drawdown Comparison
The maximum APPH drawdown for the period was -98.87%, roughly equal to the maximum HYFM drawdown of -98.95%. The drawdown chart below compares losses from any high point along the way for APPH and HYFM
APPH vs. HYFM - Volatility Comparison
AppHarvest, Inc. (APPH) has a higher volatility of 29.19% compared to Hydrofarm Holdings Group, Inc. (HYFM) at 27.62%. This indicates that APPH's price experiences larger fluctuations and is considered to be riskier than HYFM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.