HNGE vs. JOBY
HNGE (Hinge Health, Inc) and JOBY (Joby Aviation, Inc.) are both stocks. HNGE operates in Health Information Services (Healthcare), while JOBY operates in Airports & Air Services (Industrials). Over the past year, HNGE returned 66.21% vs -58.33% for JOBY. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
HNGE vs. JOBY - Performance Comparison
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Returns By Period
In the year-to-date period, HNGE achieves a 60.84% return, which is significantly higher than JOBY's -45.83% return.
HNGE
- 1D
- -0.53%
- 1M
- -11.11%
- 6M
- 114.07%
- YTD
- 60.84%
- 1Y
- 66.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 71.68%
JOBY
- 1D
- -1.24%
- 1M
- -15.78%
- 6M
- -32.36%
- YTD
- -45.83%
- 1Y
- -58.33%
- 3Y*
- -6.51%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -7.65%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $113.01M | $129.28M | $138.11M | |
| $355.70M | $374.40M | $369.65M |
HNGE vs. JOBY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HNGE Hinge Health, Inc | 60.84% | 18.34% |
JOBY Joby Aviation, Inc. | -45.83% | 99.10% |
Correlation
The correlation between HNGE and JOBY is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (All Time) Calculated using the full available price history since May 22, 2025 | 0.23 |
Fundamentals
HNGE:
$5.78B
JOBY:
$7.03B
HNGE:
-$6.23
JOBY:
-$1.07
HNGE:
9.47
JOBY:
82.32
HNGE:
$646.34M
JOBY:
$77.67M
HNGE:
$522.22M
JOBY:
$8.72M
HNGE:
-$514.46M
JOBY:
-$1.05B
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Return for Risk
HNGE vs. JOBY — Risk / Return Rank
HNGE
JOBY
HNGE vs. JOBY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hinge Health, Inc (HNGE) and Joby Aviation, Inc. (JOBY). 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.
| HNGE | JOBY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.86 | ||
| Sortino ratioReturn per unit of downside risk | +3.01 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.88 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | -0.85 | +2.22 |
| Martin ratioReturn relative to average drawdown | 3.03 | -1.34 | +4.36 |
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Drawdowns
HNGE vs. JOBY - Drawdown Comparison
The maximum HNGE drawdown since its inception was -48.52%, smaller than the maximum JOBY drawdown of -76.27%. Use the drawdown chart below to compare losses from any high point for HNGE and JOBY.
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Drawdown Indicators
| HNGE | JOBY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.52% | -76.27% | +27.75% |
Max Drawdown (1Y)Largest decline over 1 year | -48.52% | -67.39% | +18.87% |
Max Drawdown (3Y)Largest decline over 3 years | — | -67.39% | — |
Current DrawdownCurrent decline from peak | -16.99% | -64.93% | +47.94% |
Average DrawdownAverage peak-to-trough decline | -16.72% | -50.61% | +33.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.93% | 42.71% | -20.78% |
Volatility
HNGE vs. JOBY - Volatility Comparison
The current volatility for Hinge Health, Inc (HNGE) is 11.65%, while Joby Aviation, Inc. (JOBY) has a volatility of 22.51%. This indicates that HNGE experiences smaller price fluctuations and is considered to be less risky than JOBY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HNGE | JOBY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.65% | 22.51% | -10.86% |
Volatility (6M)Calculated over the trailing 6-month period | 38.85% | 49.39% | -10.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.72% | 74.76% | -14.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.11% | 80.45% | -18.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.11% | 80.45% | -18.34% |
Dividends
HNGE vs. JOBY - Dividend Comparison
Neither HNGE nor JOBY has paid dividends to shareholders.
Financials
HNGE vs. JOBY - Financials Comparison
This section allows you to compare key financial metrics between Hinge Health, Inc and Joby Aviation, 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
HNGE and JOBY have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JOBY has higher volatility (22.51%) compared to HNGE (11.65%). In terms of maximum drawdown, HNGE dropped -48.52% vs JOBY's -76.27%.
HNGE currently has the higher Sharpe Ratio (1.10 vs -0.77), 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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