CODA vs. PLTR
CODA (Coda Octopus Group, Inc.) and PLTR (Palantir Technologies Inc.) are both stocks. CODA operates in Aerospace & Defense (Industrials), while PLTR operates in Software - Infrastructure (Technology). Over the past 5 years, CODA returned 2.39%/yr vs 41.48%/yr for PLTR. Their 0.15 correlation means their historical movements had little consistent relationship.
Performance
CODA vs. PLTR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CODA achieves a 9.03% return, which is significantly higher than PLTR's -30.77% return.
CODA
- 1D
- -0.49%
- 1M
- 5.41%
- 6M
- -4.79%
- YTD
- 9.03%
- 1Y
- 41.23%
- 3Y*
- 7.03%
- 5Y*
- 2.39%
- 10Y*
- 17.86%
- ALL TIME*
- 11.48%
PLTR
- 1D
- 0.65%
- 1M
- -4.83%
- 6M
- -16.05%
- YTD
- -30.77%
- 1Y
- -20.23%
- 3Y*
- 83.27%
- 5Y*
- 41.48%
- 10Y*
- —
- ALL TIME*
- 53.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $808.23K | $911.57K | $1.44M | |
| $3.87B | $4.57B | $5.46B |
CODA vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CODA Coda Octopus Group, Inc. | 9.03% | 18.77% | 30.07% | -12.24% | -14.25% | 27.19% | 14.78% |
PLTR Palantir Technologies Inc. | -30.77% | 135.03% | 340.48% | 167.45% | -64.74% | -22.68% | 135.50% |
Correlation
The correlation between CODA and PLTR is 0.24, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.24 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2020 | 0.15 |
The correlation between CODA and PLTR shifts across timeframes, from 0.14 (3 years) to 0.24 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
CODA:
$114.39M
PLTR:
$282.55B
CODA:
$0.44
PLTR:
$0.89
CODA:
23.16
PLTR:
138.56
CODA:
4.09
PLTR:
60.51
CODA:
$27.95M
PLTR:
$5.22B
CODA:
$18.68M
PLTR:
$4.39B
CODA:
$7.80M
PLTR:
$2.01B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CODA vs. PLTR — Risk / Return Rank
CODA
PLTR
CODA vs. PLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coda Octopus Group, Inc. (CODA) and Palantir Technologies Inc. (PLTR). 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.
| CODA | PLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.96 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.81 | -0.46 | +1.27 |
| Martin ratioReturn relative to average drawdown | 1.64 | -0.87 | +2.52 |
Loading charts...
Drawdowns
CODA vs. PLTR - Drawdown Comparison
The maximum CODA drawdown since its inception was -99.44%, which is greater than PLTR's maximum drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for CODA and PLTR.
Loading charts...
Drawdown Indicators
| CODA | PLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.44% | -84.62% | -14.82% |
Max Drawdown (1Y)Largest decline over 1 year | -44.87% | -48.22% | +3.35% |
Max Drawdown (3Y)Largest decline over 3 years | -44.87% | -48.22% | +3.35% |
Max Drawdown (5Y)Largest decline over 5 years | -50.14% | -79.14% | +29.00% |
Max Drawdown (10Y)Largest decline over 10 years | -76.78% | — | — |
Current DrawdownCurrent decline from peak | -46.55% | -40.60% | -5.95% |
Average DrawdownAverage peak-to-trough decline | -61.01% | -40.24% | -20.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.03% | 25.51% | -3.48% |
Volatility
CODA vs. PLTR - Volatility Comparison
The current volatility for Coda Octopus Group, Inc. (CODA) is 8.06%, while Palantir Technologies Inc. (PLTR) has a volatility of 13.63%. This indicates that CODA experiences smaller price fluctuations and is considered to be less risky than PLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CODA | PLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.06% | 13.63% | -5.57% |
Volatility (6M)Calculated over the trailing 6-month period | 45.58% | 40.52% | +5.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.99% | 52.38% | +10.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.57% | 65.74% | -16.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.31% | 69.46% | -5.15% |
Dividends
CODA vs. PLTR - Dividend Comparison
Neither CODA nor PLTR has paid dividends to shareholders.
Financials
CODA vs. PLTR - Financials Comparison
This section allows you to compare key financial metrics between Coda Octopus Group, Inc. and Palantir Technologies 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
CODA vs. PLTR - Profitability Comparison
CODA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Coda Octopus Group, Inc. reported a gross profit of 4.58M and revenue of 6.90M. Therefore, the gross margin over that period was 66.3%.
PLTR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Palantir Technologies Inc. reported a gross profit of 1.42B and revenue of 1.63B. Therefore, the gross margin over that period was 86.8%.
CODA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Coda Octopus Group, Inc. reported an operating income of 1.79M and revenue of 6.90M, resulting in an operating margin of 26.0%.
PLTR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Palantir Technologies Inc. reported an operating income of 754.00M and revenue of 1.63B, resulting in an operating margin of 46.2%.
CODA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Coda Octopus Group, Inc. reported a net income of 1.70M and revenue of 6.90M, resulting in a net margin of 24.6%.
PLTR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Palantir Technologies Inc. reported a net income of 870.53M and revenue of 1.63B, resulting in a net margin of 53.3%.
Frequently Asked Questions
CODA and PLTR have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLTR has higher volatility (13.63%) compared to CODA (8.06%). In terms of maximum drawdown, CODA dropped -99.44% vs PLTR's -84.62%.
CODA currently has the higher Sharpe Ratio (0.58 vs -0.43), 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.
Find the right allocation for CODA and PLTR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer