ASTI vs. RDW
ASTI (Ascent Solar Technologies Inc.) and RDW (Redwire Corporation) are both stocks. ASTI operates in Solar (Technology), while RDW operates in Aerospace & Defense (Industrials). Over the past 3 years, ASTI returned -85.75%/yr vs 95.81%/yr for RDW. At a 0.18 correlation, their price movements are largely independent.
Performance
ASTI vs. RDW - Performance Comparison
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Returns By Period
In the year-to-date period, ASTI achieves a 68.13% return, which is significantly lower than RDW's 145.00% return.
ASTI
- 1D
- -22.01%
- 1M
- 57.76%
- YTD
- 68.13%
- 6M
- 301.74%
- 1Y
- 318.79%
- 3Y*
- -85.75%
- 5Y*
- -92.16%
- 10Y*
- -78.17%
RDW
- 1D
- -9.52%
- 1M
- 115.51%
- YTD
- 145.00%
- 6M
- 234.29%
- 1Y
- 25.47%
- 3Y*
- 95.81%
- 5Y*
- —
- 10Y*
- —
ASTI vs. RDW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ASTI Ascent Solar Technologies Inc. | 68.13% | 25.69% | -96.24% | -99.73% | -86.96% | -83.87% |
RDW Redwire Corporation | 145.00% | -53.83% | 477.54% | 43.94% | -70.67% | -35.71% |
Correlation
The correlation between ASTI and RDW is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 3, 2021 | 0.18 |
Over the past year, ASTI and RDW have become more correlated (0.40) than their long-term average of 0.18, meaning their price movements have been converging.
Fundamentals
ASTI:
$55.07M
RDW:
$3.61B
ASTI:
-$2.15
RDW:
-$2.16
ASTI:
236.63
RDW:
6.98
ASTI:
3.29
RDW:
3.57
ASTI:
$113.09K
RDW:
$370.96M
ASTI:
-$757.46K
RDW:
$34.05M
ASTI:
-$7.98M
RDW:
-$221.85M
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Return for Risk
ASTI vs. RDW — Risk / Return Rank
ASTI
RDW
ASTI vs. RDW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ascent Solar Technologies Inc. (ASTI) and Redwire Corporation (RDW). 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.
| ASTI | RDW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +2.25 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.14 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 5.17 | 0.34 | +4.83 |
| Martin ratioReturn relative to average drawdown | 8.80 | 0.50 | +8.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ASTI | RDW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | 0.22 | +1.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.57 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.01 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 0.13 | -0.15 |
Drawdowns
ASTI vs. RDW - Drawdown Comparison
The maximum ASTI drawdown since its inception was -100.00%, which is greater than RDW's maximum drawdown of -87.26%. Use the drawdown chart below to compare losses from any high point for ASTI and RDW.
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Drawdown Indicators
| ASTI | RDW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -87.26% | -12.74% |
Max Drawdown (1Y)Largest decline over 1 year | -62.08% | -75.40% | +13.32% |
Max Drawdown (3Y)Largest decline over 3 years | -99.96% | -80.28% | -19.68% |
Max Drawdown (5Y)Largest decline over 5 years | -100.00% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -100.00% | — | — |
Current DrawdownCurrent decline from peak | -100.00% | -28.11% | -71.89% |
Average DrawdownAverage peak-to-trough decline | -90.37% | -59.50% | -30.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.42% | 51.57% | -15.15% |
Volatility
ASTI vs. RDW - Volatility Comparison
Ascent Solar Technologies Inc. (ASTI) has a higher volatility of 48.45% compared to Redwire Corporation (RDW) at 46.01%. This indicates that ASTI's price experiences larger fluctuations and is considered to be riskier than RDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASTI | RDW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 48.45% | 46.01% | +2.44% |
Volatility (6M)Calculated over the trailing 6-month period | 139.22% | 89.48% | +49.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 219.09% | 116.40% | +102.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 161.89% | 96.00% | +65.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8,953.15% | 96.00% | +8,857.15% |
Dividends
ASTI vs. RDW - Dividend Comparison
Neither ASTI nor RDW has paid dividends to shareholders.
Financials
ASTI vs. RDW - Financials Comparison
This section allows you to compare key financial metrics between Ascent Solar Technologies Inc. and Redwire 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
Frequently Asked Questions
ASTI and RDW have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASTI has higher volatility (48.45%) compared to RDW (46.01%). In terms of maximum drawdown, ASTI dropped -100.00% vs RDW's -87.26%.
ASTI currently has the higher Sharpe Ratio (1.47 vs 0.22), 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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