FATN vs. SPPL
FATN (FatPipe, Inc) and SPPL (SIMPPLE LTD. Ordinary Shares) are both stocks. Both are in the Technology sector — FATN in Software - Infrastructure, SPPL in Software - Application. Over the past year, FATN returned -38.43% vs 13.75% for SPPL. At a 0.09 correlation, their price movements are largely independent.
Performance
FATN vs. SPPL - Performance Comparison
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Returns By Period
In the year-to-date period, FATN achieves a 164.85% return, which is significantly higher than SPPL's -14.35% return.
FATN
- 1D
- -0.19%
- 1M
- -11.57%
- 6M
- 152.36%
- YTD
- 164.85%
- 1Y
- -38.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPPL
- 1D
- 1.11%
- 1M
- 3.12%
- 6M
- 15.19%
- YTD
- -14.35%
- 1Y
- 13.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FATN vs. SPPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FATN FatPipe, Inc | 164.85% | -68.92% |
SPPL SIMPPLE LTD. Ordinary Shares | -14.35% | 52.88% |
Correlation
The correlation between FATN and SPPL is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2025 | 0.09 |
Fundamentals
FATN:
$75.04M
SPPL:
$17.74M
FATN:
$0.08
SPPL:
-SGD 1.34
FATN:
4.92
SPPL:
3.08
FATN:
$15.13M
SPPL:
SGD 8.82M
FATN:
$13.71M
SPPL:
SGD 4.79M
FATN:
$2.19M
SPPL:
-SGD 7.00M
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Return for Risk
FATN vs. SPPL — Risk / Return Rank
FATN
SPPL
FATN vs. SPPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FatPipe, Inc (FATN) and SIMPPLE LTD. Ordinary Shares (SPPL). 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.
| FATN | SPPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.10 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 0.08 | -0.58 |
| Martin ratioReturn relative to average drawdown | -0.72 | 0.13 | -0.85 |
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Drawdowns
FATN vs. SPPL - Drawdown Comparison
The maximum FATN drawdown since its inception was -88.85%, smaller than the maximum SPPL drawdown of -97.62%. Use the drawdown chart below to compare losses from any high point for FATN and SPPL.
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Drawdown Indicators
| FATN | SPPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.85% | -97.62% | +8.77% |
Max Drawdown (1Y)Largest decline over 1 year | -83.69% | -72.81% | -10.88% |
Current DrawdownCurrent decline from peak | -58.85% | -95.18% | +36.33% |
Average DrawdownAverage peak-to-trough decline | -60.73% | -81.62% | +20.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 60.18% | 43.35% | +16.83% |
Volatility
FATN vs. SPPL - Volatility Comparison
FatPipe, Inc (FATN) has a higher volatility of 23.13% compared to SIMPPLE LTD. Ordinary Shares (SPPL) at 16.07%. This indicates that FATN's price experiences larger fluctuations and is considered to be riskier than SPPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FATN | SPPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.13% | 16.07% | +7.06% |
Volatility (6M)Calculated over the trailing 6-month period | 114.25% | 65.71% | +48.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 149.13% | 97.67% | +51.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 180.96% | 203.49% | -22.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 180.96% | 203.49% | -22.53% |
Dividends
FATN vs. SPPL - Dividend Comparison
Neither FATN nor SPPL has paid dividends to shareholders.
Financials
FATN vs. SPPL - Financials Comparison
This section allows you to compare key financial metrics between FatPipe, Inc and SIMPPLE LTD. Ordinary Shares. 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
FATN and SPPL have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FATN has higher volatility (23.13%) compared to SPPL (16.07%). In terms of maximum drawdown, FATN dropped -88.85% vs SPPL's -97.62%.
SPPL currently has the higher Sharpe Ratio (0.06 vs -0.29), 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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