HLX vs. QUBT
HLX (Helix Energy Solutions Group, Inc.) and QUBT (Quantum Computing, Inc.) are both stocks. HLX operates in Oil & Gas Equipment & Services (Energy), while QUBT operates in Computer Hardware (Technology). Over the past 5 years, HLX returned 6.25%/yr vs 14.59%/yr for QUBT. At a 0.09 correlation, their price movements are largely independent.
Performance
HLX vs. QUBT - Performance Comparison
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Returns By Period
In the year-to-date period, HLX achieves a 40.83% return, which is significantly higher than QUBT's 2.24% return.
HLX
- 1D
- -0.23%
- 1M
- -12.40%
- YTD
- 40.83%
- 6M
- 39.94%
- 1Y
- 33.38%
- 3Y*
- 8.41%
- 5Y*
- 6.25%
- 10Y*
- 2.97%
QUBT
- 1D
- -0.47%
- 1M
- -14.78%
- YTD
- 2.24%
- 6M
- -10.57%
- 1Y
- -40.06%
- 3Y*
- 99.56%
- 5Y*
- 14.59%
- 10Y*
- —
HLX vs. QUBT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HLX Helix Energy Solutions Group, Inc. | 40.83% | -32.73% | -9.34% | 39.30% | 136.54% | -25.71% | -56.39% | 78.00% | -45.95% |
QUBT Quantum Computing, Inc. | 2.24% | -38.01% | 1,712.51% | -39.53% | -55.72% | -75.83% | 370.33% | 0.00% | -42.31% |
Correlation
The correlation between HLX and QUBT is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2018 | 0.09 |
Fundamentals
HLX:
$1.30B
QUBT:
$2.35B
HLX:
$0.10
QUBT:
-$0.21
HLX:
1.01
QUBT:
452.78
HLX:
0.80
QUBT:
1.47
HLX:
$1.30B
QUBT:
$4.33M
HLX:
$140.43M
QUBT:
-$667.00K
HLX:
$178.55M
QUBT:
-$52.52M
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Return for Risk
HLX vs. QUBT — Risk / Return Rank
HLX
QUBT
HLX vs. QUBT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Helix Energy Solutions Group, Inc. (HLX) and Quantum Computing, Inc. (QUBT). 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.
| HLX | QUBT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.10 | ||
| Sortino ratioReturn per unit of downside risk | +1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.00 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | -0.54 | +2.38 |
| Martin ratioReturn relative to average drawdown | 3.74 | -0.81 | +4.55 |
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Drawdowns
HLX vs. QUBT - Drawdown Comparison
The maximum HLX drawdown since its inception was -97.87%, roughly equal to the maximum QUBT drawdown of -97.53%. Use the drawdown chart below to compare losses from any high point for HLX and QUBT.
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Drawdown Indicators
| HLX | QUBT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.87% | -97.53% | -0.34% |
Max Drawdown (1Y)Largest decline over 1 year | -18.24% | -74.37% | +56.13% |
Max Drawdown (3Y)Largest decline over 3 years | -55.54% | -82.40% | +26.86% |
Max Drawdown (5Y)Largest decline over 5 years | -59.02% | -95.63% | +36.61% |
Max Drawdown (10Y)Largest decline over 10 years | -91.46% | — | — |
Current DrawdownCurrent decline from peak | -81.15% | -59.15% | -22.00% |
Average DrawdownAverage peak-to-trough decline | -55.23% | -72.86% | +17.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.95% | 49.35% | -40.40% |
Volatility
HLX vs. QUBT - Volatility Comparison
The current volatility for Helix Energy Solutions Group, Inc. (HLX) is 12.43%, while Quantum Computing, Inc. (QUBT) has a volatility of 29.33%. This indicates that HLX experiences smaller price fluctuations and is considered to be less risky than QUBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLX | QUBT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.43% | 29.33% | -16.90% |
Volatility (6M)Calculated over the trailing 6-month period | 33.08% | 67.92% | -34.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.30% | 101.14% | -52.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.55% | 133.24% | -81.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.64% | 177.32% | -111.68% |
Dividends
HLX vs. QUBT - Dividend Comparison
Neither HLX nor QUBT has paid dividends to shareholders.
Financials
HLX vs. QUBT - Financials Comparison
This section allows you to compare key financial metrics between Helix Energy Solutions Group, Inc. and Quantum Computing, 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
Frequently Asked Questions
HLX and QUBT have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QUBT has higher volatility (29.33%) compared to HLX (12.43%). In terms of maximum drawdown, HLX dropped -97.87% vs QUBT's -97.53%.
HLX currently has the higher Sharpe Ratio (0.70 vs -0.40), 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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