APYX vs. AREC

Last updated Aug 1, 2026

APYX (Apyx Medical Corporation) and AREC (American Resources Corporation) are both stocks. APYX operates in Medical Devices (Healthcare), while AREC operates in Coking Coal (Basic Materials). Over the past 5 years, APYX returned -14.55%/yr vs -2.77%/yr for AREC. Their 0.18 correlation means their historical movements had little consistent relationship.

Performance

APYX vs. AREC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Apyx Medical Corporation (APYX) and American Resources Corporation (AREC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APYX achieves a 17.14% return, which is significantly higher than AREC's -27.82% return.

APYX

• 1D: -0.49%
• 1M: -4.65%
• 6M: 1.99%
• YTD: 17.14%
• 1Y: 134.29%
• 3Y*: -9.49%
• 5Y*: -14.55%
• 10Y*: —
• ALL TIME*: -8.39%

AREC

• 1D: -2.19%
• 1M: -8.67%
• 6M: -43.35%
• YTD: -27.82%
• 1Y: 51.69%
• 3Y*: -1.80%
• 5Y*: -2.77%
• 10Y*: —
• ALL TIME*: 51.70%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
APYX Apyx Medical Corporation	$248.17K	$250.43K	$617.49K
AREC American Resources Corporation	$3.12M	$4.33M	$6.54M

APYX vs. AREC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
APYX Apyx Medical Corporation	17.14%	121.52%	-39.69%	11.97%	-81.75%	78.06%	-14.89%	6.28%
AREC American Resources Corporation	-27.82%	145.54%	-32.21%	12.88%	-26.67%	-7.69%	209.52%	-93.70%

Correlation

The correlation between APYX and AREC is 0.19, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.19
Correlation (3Y) Balances recent behavior with more history.	0.14
Correlation (5Y) Shows whether the relationship held over a longer period.	0.17
Correlation (All Time) Calculated using the full available price history since Jan 2, 2019	0.18

Fundamentals

Market Cap APYX : $172.65M AREC : $191.48M
EPS APYX : -$0.33 AREC : -$0.45
PS Ratio APYX : 2.03 AREC : 1.04K
Total Revenue (TTM) APYX : $55.83M AREC : $145.03K
Gross Profit (TTM) APYX : $21.29M AREC : $140.16K
EBITDA (TTM) APYX : -$3.18M AREC : -$22.47M

Return for Risk

APYX vs. AREC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

APYX

APYX Risk / Return Rank: 85
APYX Sharpe Ratio Rank: 84
APYX Sortino Ratio Rank: 86
APYX Omega Ratio Rank: 81
APYX Calmar Ratio Rank: 88
APYX Martin Ratio Rank: 88

AREC

AREC Risk / Return Rank: 65
AREC Sharpe Ratio Rank: 62
AREC Sortino Ratio Rank: 73
AREC Omega Ratio Rank: 69
AREC Calmar Ratio Rank: 63
AREC Martin Ratio Rank: 58

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

APYX vs. AREC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Apyx Medical Corporation (APYX) and American Resources Corporation (AREC). 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.

	APYX	AREC	Difference
Sharpe ratio: Return per unit of total volatility	1.44	0.47	+0.97
Sortino ratio: Return per unit of downside risk	2.42	1.64	+0.78
Omega ratio: Gain probability vs. loss probability	1.27	1.19	+0.08
Calmar ratio: Return relative to maximum drawdown	3.15	0.78	+2.37
Martin ratio: Return relative to average drawdown	8.56	1.11	+7.45

APYX vs. AREC - Sharpe Ratio Comparison

The current APYX Sharpe Ratio is 1.44, which is higher than the AREC Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of APYX and AREC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

APYX vs. AREC - Drawdown Comparison

The maximum APYX drawdown since its inception was -94.99%, roughly equal to the maximum AREC drawdown of -97.12%. Use the drawdown chart below to compare losses from any high point for APYX and AREC.

Drawdown Indicators

	APYX	AREC	Difference
Max Drawdown Largest peak-to-trough decline	-94.99%	-97.12%	+2.13%
Max Drawdown (1Y) Largest decline over 1 year	-36.59%	-76.95%	+40.36%
Max Drawdown (3Y) Largest decline over 3 years	-82.74%	-78.08%	-4.66%
Max Drawdown (5Y) Largest decline over 5 years	-94.99%	-88.07%	-6.92%
Current Drawdown Current decline from peak	-76.44%	-87.21%	+10.77%
Average Drawdown Average peak-to-trough decline	-57.33%	-79.81%	+22.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.46%	54.14%	-40.68%

Volatility

APYX vs. AREC - Volatility Comparison

The current volatility for Apyx Medical Corporation (APYX) is 17.96%, while American Resources Corporation (AREC) has a volatility of 20.05%. This indicates that APYX experiences smaller price fluctuations and is considered to be less risky than AREC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APYX	AREC	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.96%	20.05%	-2.09%
Volatility (6M) Calculated over the trailing 6-month period	55.31%	64.25%	-8.94%
Volatility (1Y) Calculated over the trailing 1-year period	80.07%	127.16%	-47.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	100.64%	107.42%	-6.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	92.69%	731.66%	-638.97%

Dividends

APYX vs. AREC - Dividend Comparison

Neither APYX nor AREC has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both APYX and AREC in my portfolio?

APYX and AREC have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, APYX or AREC?

AREC has higher volatility (20.05%) compared to APYX (17.96%). In terms of maximum drawdown, APYX dropped -94.99% vs AREC's -97.12%.

Which has better risk-adjusted returns?

APYX currently has the higher Sharpe Ratio (1.44 vs 0.47), 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.