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GSL vs. ASC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between GSL and ASC is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

GSL vs. ASC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global Ship Lease, Inc. (GSL) and Ardmore Shipping Corporation (ASC). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%100.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
-16.17%
11.68%
GSL
ASC

Key characteristics

Sharpe Ratio

GSL:

0.66

ASC:

-0.50

Sortino Ratio

GSL:

1.08

ASC:

-0.55

Omega Ratio

GSL:

1.14

ASC:

0.94

Calmar Ratio

GSL:

0.34

ASC:

-0.35

Martin Ratio

GSL:

1.48

ASC:

-0.82

Ulcer Index

GSL:

12.69%

ASC:

21.33%

Daily Std Dev

GSL:

28.42%

ASC:

35.15%

Max Drawdown

GSL:

-94.83%

ASC:

-80.11%

Current Drawdown

GSL:

-47.31%

ASC:

-49.16%

Fundamentals

Market Cap

GSL:

$755.23M

ASC:

$471.37M

EPS

GSL:

$8.92

ASC:

$3.55

PE Ratio

GSL:

2.39

ASC:

3.16

PEG Ratio

GSL:

0.00

ASC:

-6.04

Total Revenue (TTM)

GSL:

$706.00M

ASC:

$445.07M

Gross Profit (TTM)

GSL:

$396.80M

ASC:

$197.12M

EBITDA (TTM)

GSL:

$464.05M

ASC:

$199.62M

Returns By Period

In the year-to-date period, GSL achieves a 14.96% return, which is significantly higher than ASC's -14.52% return. Over the past 10 years, GSL has underperformed ASC with an annualized return of -0.61%, while ASC has yielded a comparatively higher 2.55% annualized return.


GSL

YTD

14.96%

1M

-7.09%

6M

-24.56%

1Y

14.67%

5Y*

25.26%

10Y*

-0.61%

ASC

YTD

-14.52%

1M

-6.73%

6M

-47.63%

1Y

-18.24%

5Y*

8.62%

10Y*

2.55%

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Risk-Adjusted Performance

GSL vs. ASC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global Ship Lease, Inc. (GSL) and Ardmore Shipping Corporation (ASC). 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.


Sharpe ratio
The chart of Sharpe ratio for GSL, currently valued at 0.66, compared to the broader market-4.00-2.000.002.000.66-0.50
The chart of Sortino ratio for GSL, currently valued at 1.08, compared to the broader market-4.00-2.000.002.004.001.08-0.55
The chart of Omega ratio for GSL, currently valued at 1.14, compared to the broader market0.501.001.502.001.140.94
The chart of Calmar ratio for GSL, currently valued at 0.39, compared to the broader market0.002.004.006.000.39-0.35
The chart of Martin ratio for GSL, currently valued at 1.48, compared to the broader market-5.000.005.0010.0015.0020.0025.001.48-0.82
GSL
ASC

The current GSL Sharpe Ratio is 0.66, which is higher than the ASC Sharpe Ratio of -0.50. The chart below compares the historical Sharpe Ratios of GSL and ASC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.66
-0.50
GSL
ASC

Dividends

GSL vs. ASC - Dividend Comparison

GSL's dividend yield for the trailing twelve months is around 7.76%, less than ASC's 9.55% yield.


TTM20232022202120202019201820172016201520142013
GSL
Global Ship Lease, Inc.
7.76%7.57%8.26%3.27%0.00%6.19%0.00%0.00%0.00%10.80%0.00%0.00%
ASC
Ardmore Shipping Corporation
9.55%8.16%0.00%0.00%1.53%0.00%0.00%0.00%5.41%4.80%3.34%0.42%

Drawdowns

GSL vs. ASC - Drawdown Comparison

The maximum GSL drawdown since its inception was -94.83%, which is greater than ASC's maximum drawdown of -80.11%. Use the drawdown chart below to compare losses from any high point for GSL and ASC. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-38.25%
-49.16%
GSL
ASC

Volatility

GSL vs. ASC - Volatility Comparison

The current volatility for Global Ship Lease, Inc. (GSL) is 6.20%, while Ardmore Shipping Corporation (ASC) has a volatility of 9.00%. This indicates that GSL experiences smaller price fluctuations and is considered to be less risky than ASC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%7.00%8.00%9.00%10.00%11.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
6.20%
9.00%
GSL
ASC

Financials

GSL vs. ASC - Financials Comparison

This section allows you to compare key financial metrics between Global Ship Lease, Inc. and Ardmore Shipping 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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