GAUZ vs. HSHP

Last updated Jul 14, 2026

GAUZ (Gauzy Ltd) and HSHP (Himalaya Shipping Ltd.) are both stocks. GAUZ operates in Electronic Components (Technology), while HSHP operates in Marine Shipping (Industrials). Over the past year, GAUZ returned -94.16% vs 121.68% for HSHP. At a 0.09 correlation, their price movements are largely independent.

Performance

GAUZ vs. HSHP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gauzy Ltd (GAUZ) and Himalaya Shipping Ltd. (HSHP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GAUZ achieves a -70.53% return, which is significantly lower than HSHP's 65.16% return.

GAUZ

• 1D: -2.59%
• 1M: -36.65%
• 6M: -63.45%
• YTD: -70.53%
• 1Y: -94.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HSHP

• 1D: -1.64%
• 1M: -1.25%
• 6M: 71.58%
• YTD: 65.16%
• 1Y: 121.68%
• 3Y*: 39.89%
• 5Y*: —
• 10Y*: —

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

GAUZ vs. HSHP - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GAUZ Gauzy Ltd	-70.53%	-86.98%	-40.66%
HSHP Himalaya Shipping Ltd.	65.16%	87.24%	-49.32%

Correlation

The correlation between GAUZ and HSHP is 0.02, 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	0.02
Correlation (All Time) Calculated using the full available price history since Jun 6, 2024	0.09

Fundamentals

Market Cap GAUZ : $7.12M HSHP : $708.59M
PB Ratio GAUZ : 0.40 HSHP : 4.53
Total Revenue (TTM) GAUZ : $96.81M HSHP : $143.50M
Gross Profit (TTM) GAUZ : $26.95M HSHP : $98.40M
EBITDA (TTM) GAUZ : -$22.31M HSHP : $101.44M

Return for Risk

GAUZ vs. HSHP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GAUZ

GAUZ Risk / Return Rank: 9
GAUZ Sharpe Ratio Rank: 18
GAUZ Sortino Ratio Rank: 6
GAUZ Omega Ratio Rank: 7
GAUZ Calmar Ratio Rank: 2
GAUZ Martin Ratio Rank: 12

HSHP

HSHP Risk / Return Rank: 95
HSHP Sharpe Ratio Rank: 97
HSHP Sortino Ratio Rank: 95
HSHP Omega Ratio Rank: 93
HSHP Calmar Ratio Rank: 97
HSHP Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GAUZ vs. HSHP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gauzy Ltd (GAUZ) and Himalaya Shipping Ltd. (HSHP). 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.

	GAUZ	HSHP	Difference
Sharpe ratio: Return per unit of total volatility	-0.59	3.05	-3.64
Sortino ratio: Return per unit of downside risk	-1.58	3.55	-5.13
Omega ratio: Gain probability vs. loss probability	0.81	1.42	-0.61
Calmar ratio: Return relative to maximum drawdown	-0.99	6.67	-7.66
Martin ratio: Return relative to average drawdown	-1.31	15.80	-17.11

GAUZ vs. HSHP - Sharpe Ratio Comparison

The current GAUZ Sharpe Ratio is -0.59, which is lower than the HSHP Sharpe Ratio of 3.05. The chart below compares the historical Sharpe Ratios of GAUZ and HSHP, 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

GAUZ vs. HSHP - Drawdown Comparison

The maximum GAUZ drawdown since its inception was -97.72%, which is greater than HSHP's maximum drawdown of -53.89%. Use the drawdown chart below to compare losses from any high point for GAUZ and HSHP.

Drawdown Indicators

	GAUZ	HSHP	Difference
Max Drawdown Largest peak-to-trough decline	-97.72%	-53.89%	-43.83%
Max Drawdown (1Y) Largest decline over 1 year	-94.86%	-18.35%	-76.51%
Max Drawdown (3Y) Largest decline over 3 years	—	-53.89%	—
Current Drawdown Current decline from peak	-97.72%	-7.45%	-90.27%
Average Drawdown Average peak-to-trough decline	-62.07%	-16.21%	-45.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	72.01%	7.73%	+64.28%

Volatility

GAUZ vs. HSHP - Volatility Comparison

Gauzy Ltd (GAUZ) has a higher volatility of 38.73% compared to Himalaya Shipping Ltd. (HSHP) at 13.71%. This indicates that GAUZ's price experiences larger fluctuations and is considered to be riskier than HSHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GAUZ	HSHP	Difference
Volatility (1M) Calculated over the trailing 1-month period	38.73%	13.71%	+25.02%
Volatility (6M) Calculated over the trailing 6-month period	121.48%	32.58%	+88.90%
Volatility (1Y) Calculated over the trailing 1-year period	159.36%	40.25%	+119.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	127.02%	42.63%	+84.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	127.02%	42.63%	+84.39%

Dividends

GAUZ vs. HSHP - Dividend Comparison

Neither GAUZ nor HSHP has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

GAUZ vs. HSHP - Profitability Comparison

The chart below illustrates the profitability comparison between Gauzy Ltd and Himalaya Shipping Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GAUZ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Gauzy Ltd reported a gross profit of 4.29M and revenue of 20.05M. Therefore, the gross margin over that period was 21.4%.

HSHP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Himalaya Shipping Ltd. reported a gross profit of 18.40M and revenue of 33.60M. Therefore, the gross margin over that period was 54.8%.

GAUZ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Gauzy Ltd reported an operating income of -12.51M and revenue of 20.05M, resulting in an operating margin of -62.4%.

HSHP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Himalaya Shipping Ltd. reported an operating income of 17.20M and revenue of 33.60M, resulting in an operating margin of 51.2%.

GAUZ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Gauzy Ltd reported a net income of -10.74M and revenue of 20.05M, resulting in a net margin of -53.5%.

HSHP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Himalaya Shipping Ltd. reported a net income of 5.00M and revenue of 33.60M, resulting in a net margin of 14.9%.

Frequently Asked Questions

Can I hold both GAUZ and HSHP in my portfolio?

GAUZ and HSHP have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GAUZ or HSHP?

GAUZ has higher volatility (38.73%) compared to HSHP (13.71%). In terms of maximum drawdown, GAUZ dropped -97.72% vs HSHP's -53.89%.

Which has better risk-adjusted returns?

HSHP currently has the higher Sharpe Ratio (3.05 vs -0.59), 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.