CECO vs. ASTS
CECO (CECO Environmental Corp.) and ASTS (AST SpaceMobile, Inc.) are both stocks. CECO operates in Pollution & Treatment Controls (Industrials), while ASTS operates in Communication Equipment (Technology). Over the past 5 years, CECO returned 56.40%/yr vs 40.48%/yr for ASTS. Their 0.21 correlation means their historical movements had little consistent relationship.
Performance
CECO vs. ASTS - Performance Comparison
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Returns By Period
In the year-to-date period, CECO achieves a 10.09% return, which is significantly higher than ASTS's -18.79% return.
CECO
- 1D
- 0.53%
- 1M
- -19.79%
- 6M
- -2.28%
- YTD
- 10.09%
- 1Y
- 46.00%
- 3Y*
- 76.27%
- 5Y*
- 56.40%
- 10Y*
- 22.48%
- ALL TIME*
- 10.14%
ASTS
- 1D
- 0.92%
- 1M
- -30.72%
- 6M
- -46.97%
- YTD
- -18.79%
- 1Y
- 12.43%
- 3Y*
- 140.31%
- 5Y*
- 40.48%
- 10Y*
- —
- ALL TIME*
- 35.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $751.14M | $957.94M | $1.86B | |
| $75.05M | $66.56M | $78.21M |
CECO vs. ASTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CECO CECO Environmental Corp. | 10.09% | 97.98% | 49.06% | 73.63% | 87.48% | -23.56% |
ASTS AST SpaceMobile, Inc. | -18.79% | 244.22% | 249.92% | 25.10% | -39.29% | -31.73% |
Correlation
The correlation between CECO and ASTS is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (3Y) Balances recent behavior with more history. | 0.22 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.21 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2021 | 0.21 |
Fundamentals
CECO:
$2.36B
ASTS:
$24.00B
CECO:
$0.47
ASTS:
-$1.78
CECO:
2.97
ASTS:
189.69
CECO:
7.76
ASTS:
6.44
CECO:
$812.38M
ASTS:
$84.94M
CECO:
$278.45M
ASTS:
-$22.93M
CECO:
$77.75M
ASTS:
-$536.80M
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Return for Risk
CECO vs. ASTS — Risk / Return Rank
CECO
ASTS
CECO vs. ASTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CECO Environmental Corp. (CECO) and AST SpaceMobile, Inc. (ASTS). 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.
| CECO | ASTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.64 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.11 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 0.18 | +0.99 |
| Martin ratioReturn relative to average drawdown | 3.56 | 0.38 | +3.18 |
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Drawdowns
CECO vs. ASTS - Drawdown Comparison
The maximum CECO drawdown since its inception was -90.64%, which is greater than ASTS's maximum drawdown of -85.57%. Use the drawdown chart below to compare losses from any high point for CECO and ASTS.
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Drawdown Indicators
| CECO | ASTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.64% | -85.57% | -5.07% |
Max Drawdown (1Y)Largest decline over 1 year | -39.98% | -60.15% | +20.17% |
Max Drawdown (3Y)Largest decline over 3 years | -47.93% | -68.40% | +20.47% |
Max Drawdown (5Y)Largest decline over 5 years | -47.93% | -85.57% | +37.64% |
Max Drawdown (10Y)Largest decline over 10 years | -74.13% | — | — |
Current DrawdownCurrent decline from peak | -33.89% | -55.68% | +21.79% |
Average DrawdownAverage peak-to-trough decline | -46.13% | -40.68% | -5.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.13% | 28.86% | -15.73% |
Volatility
CECO vs. ASTS - Volatility Comparison
The current volatility for CECO Environmental Corp. (CECO) is 20.71%, while AST SpaceMobile, Inc. (ASTS) has a volatility of 28.99%. This indicates that CECO experiences smaller price fluctuations and is considered to be less risky than ASTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CECO | ASTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.71% | 28.99% | -8.28% |
Volatility (6M)Calculated over the trailing 6-month period | 54.97% | 81.13% | -26.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.15% | 110.07% | -46.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.89% | 109.86% | -56.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.43% | 111.04% | -58.61% |
Dividends
CECO vs. ASTS - Dividend Comparison
Neither CECO nor ASTS has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASTS AST SpaceMobile, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CECO CECO Environmental Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 4.39% | 1.89% | 3.44% |
Financials
CECO vs. ASTS - Financials Comparison
This section allows you to compare key financial metrics between CECO Environmental Corp. and AST SpaceMobile, 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.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
CECO and ASTS have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASTS has higher volatility (28.99%) compared to CECO (20.71%). In terms of maximum drawdown, CECO dropped -90.64% vs ASTS's -85.57%.
CECO currently has the higher Sharpe Ratio (0.74 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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