HDSN vs. AFRM
HDSN (Hudson Technologies, Inc.) and AFRM (Affirm Holdings, Inc.) are both stocks. HDSN operates in Specialty Chemicals (Basic Materials), while AFRM operates in Information Technology Services (Technology). Over the past 5 years, HDSN returned 11.39%/yr vs 2.34%/yr for AFRM. At a 0.29 correlation, their price movements are largely independent.
Performance
HDSN vs. AFRM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HDSN achieves a -22.63% return, which is significantly lower than AFRM's -4.59% return.
HDSN
- 1D
- 1.15%
- 1M
- -15.20%
- YTD
- -22.63%
- 6M
- -27.50%
- 1Y
- -25.40%
- 3Y*
- -16.82%
- 5Y*
- 11.39%
- 10Y*
- 4.36%
AFRM
- 1D
- -2.61%
- 1M
- 5.14%
- YTD
- -4.59%
- 6M
- 5.95%
- 1Y
- 34.23%
- 3Y*
- 65.38%
- 5Y*
- 2.34%
- 10Y*
- —
HDSN vs. AFRM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HDSN Hudson Technologies, Inc. | -22.63% | 22.76% | -58.64% | 33.30% | 127.93% | 282.76% |
AFRM Affirm Holdings, Inc. | -4.59% | 22.22% | 23.93% | 408.17% | -90.38% | 3.41% |
Correlation
The correlation between HDSN and AFRM is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jan 14, 2021 | 0.29 |
Fundamentals
HDSN:
$225.65M
AFRM:
$24.72B
HDSN:
$0.32
AFRM:
$1.10
HDSN:
16.38
AFRM:
64.45
HDSN:
0.93
AFRM:
7.70
HDSN:
0.95
AFRM:
6.53
HDSN:
$251.42M
AFRM:
$3.20B
HDSN:
$61.88M
AFRM:
$2.00B
HDSN:
$22.33M
AFRM:
$908.84M
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
HDSN vs. AFRM — Risk / Return Rank
HDSN
AFRM
HDSN vs. AFRM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hudson Technologies, Inc. (HDSN) and Affirm Holdings, Inc. (AFRM). 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.
| HDSN | AFRM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.54 | 0.57 | -1.11 |
Sortino ratioReturn per unit of downside risk | -0.46 | 1.18 | -1.64 |
Omega ratioGain probability vs. loss probability | 0.93 | 1.14 | -0.21 |
Calmar ratioReturn relative to maximum drawdown | -0.48 | 0.68 | -1.17 |
Martin ratioReturn relative to average drawdown | -0.90 | 1.39 | -2.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| HDSN | AFRM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.54 | 0.57 | -1.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.02 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.06 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | -0.06 | +0.05 |
Drawdowns
HDSN vs. AFRM - Drawdown Comparison
The maximum HDSN drawdown since its inception was -98.81%, roughly equal to the maximum AFRM drawdown of -94.71%. Use the drawdown chart below to compare losses from any high point for HDSN and AFRM.
Loading charts...
Drawdown Indicators
| HDSN | AFRM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.81% | -94.71% | -4.10% |
Max Drawdown (1Y)Largest decline over 1 year | -53.64% | -53.86% | +0.22% |
Max Drawdown (3Y)Largest decline over 3 years | -67.65% | -55.85% | -11.80% |
Max Drawdown (5Y)Largest decline over 5 years | -67.65% | -94.71% | +27.06% |
Max Drawdown (10Y)Largest decline over 10 years | -96.72% | — | — |
Current DrawdownCurrent decline from peak | -79.72% | -57.86% | -21.86% |
Average DrawdownAverage peak-to-trough decline | -83.36% | -68.74% | -14.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.75% | 26.56% | +2.19% |
Volatility
HDSN vs. AFRM - Volatility Comparison
Hudson Technologies, Inc. (HDSN) has a higher volatility of 23.70% compared to Affirm Holdings, Inc. (AFRM) at 14.11%. This indicates that HDSN's price experiences larger fluctuations and is considered to be riskier than AFRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HDSN | AFRM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.70% | 14.11% | +9.59% |
Volatility (6M)Calculated over the trailing 6-month period | 34.30% | 42.34% | -8.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.18% | 60.17% | -12.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.60% | 96.25% | -38.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 78.63% | 95.57% | -16.94% |
Dividends
HDSN vs. AFRM - Dividend Comparison
Neither HDSN nor AFRM has paid dividends to shareholders.
Financials
HDSN vs. AFRM - Financials Comparison
This section allows you to compare key financial metrics between Hudson Technologies, Inc. and Affirm Holdings, 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
HDSN vs. AFRM - Profitability Comparison
HDSN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hudson Technologies, Inc. reported a gross profit of 11.85M and revenue of 60.15M. Therefore, the gross margin over that period was 19.7%.
AFRM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Affirm Holdings, Inc. reported a gross profit of 0.00 and revenue of 268.03M. Therefore, the gross margin over that period was 0.0%.
HDSN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hudson Technologies, Inc. reported an operating income of 1.46M and revenue of 60.15M, resulting in an operating margin of 2.4%.
AFRM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Affirm Holdings, Inc. reported an operating income of 88.43M and revenue of 268.03M, resulting in an operating margin of 33.0%.
HDSN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hudson Technologies, Inc. reported a net income of 330.00K and revenue of 60.15M, resulting in a net margin of 0.6%.
AFRM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Affirm Holdings, Inc. reported a net income of 102.90M and revenue of 268.03M, resulting in a net margin of 38.4%.
Frequently Asked Questions
HDSN and AFRM have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HDSN has higher volatility (23.70%) compared to AFRM (14.11%). In terms of maximum drawdown, HDSN dropped -98.81% vs AFRM's -94.71%.
AFRM currently has the higher Sharpe Ratio (0.57 vs -0.54), 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 HDSN and AFRM
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