HSAI vs. DAKT

Last updated Jun 24, 2026

HSAI (Hesai Group American Depositary Share each ADS represents one Class B ordinary share) and DAKT (Daktronics, Inc.) are both stocks. HSAI operates in Auto Parts (Consumer Cyclical), while DAKT operates in Computer Hardware (Technology). Over the past 3 years, HSAI returned 16.79%/yr vs 49.40%/yr for DAKT. At a 0.22 correlation, their price movements are largely independent.

Performance

HSAI vs. DAKT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hesai Group American Depositary Share each ADS represents one Class B ordinary share (HSAI) and Daktronics, Inc. (DAKT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HSAI achieves a -29.02% return, which is significantly lower than DAKT's 1.72% return.

HSAI

• 1D: -2.69%
• 1M: -22.93%
• YTD: -29.02%
• 6M: -29.58%
• 1Y: -12.73%
• 3Y*: 16.79%
• 5Y*: —
• 10Y*: —

DAKT

• 1D: -3.73%
• 1M: -0.89%
• YTD: 1.72%
• 6M: 6.35%
• 1Y: 35.24%
• 3Y*: 49.40%
• 5Y*: 24.85%
• 10Y*: 13.76%

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

HSAI vs. DAKT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HSAI Hesai Group American Depositary Share each ADS represents one Class B ordinary share	-29.02%	62.08%	55.11%	-62.48%
DAKT Daktronics, Inc.	1.72%	17.26%	98.82%	109.90%

Correlation

The correlation between HSAI and DAKT is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (All Time) Calculated using the full available price history since Feb 9, 2023	0.22

Fundamentals

Market Cap HSAI : $2.59B DAKT : $996.01M
EPS HSAI : CN¥3.08 DAKT : $0.55
PE Ratio HSAI : 34.97 DAKT : 36.24
PS Ratio HSAI : 5.18 DAKT : 1.24
PB Ratio HSAI : 1.97 DAKT : 3.39
Total Revenue (TTM) HSAI : CN¥3.16B DAKT : $802.65M
Gross Profit (TTM) HSAI : CN¥1.30B DAKT : $213.67M
EBITDA (TTM) HSAI : CN¥149.83M DAKT : $41.38M

Return for Risk

HSAI vs. DAKT — Risk / Return Rank

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

HSAI

HSAI Risk / Return Rank: 36
HSAI Sharpe Ratio Rank: 36
HSAI Sortino Ratio Rank: 39
HSAI Omega Ratio Rank: 38
HSAI Calmar Ratio Rank: 34
HSAI Martin Ratio Rank: 32

DAKT

DAKT Risk / Return Rank: 64
DAKT Sharpe Ratio Rank: 66
DAKT Sortino Ratio Rank: 67
DAKT Omega Ratio Rank: 64
DAKT Calmar Ratio Rank: 65
DAKT Martin Ratio Rank: 60

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.

HSAI vs. DAKT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hesai Group American Depositary Share each ADS represents one Class B ordinary share (HSAI) and Daktronics, Inc. (DAKT). 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.

	HSAI	DAKT	Difference
Sharpe ratio: Return per unit of total volatility	-0.17	0.75	-0.92
Sortino ratio: Return per unit of downside risk	0.29	1.48	-1.19
Omega ratio: Gain probability vs. loss probability	1.03	1.18	-0.14
Calmar ratio: Return relative to maximum drawdown	-0.26	1.13	-1.39
Martin ratio: Return relative to average drawdown	-0.57	1.85	-2.42

HSAI vs. DAKT - Sharpe Ratio Comparison

The current HSAI Sharpe Ratio is -0.17, which is lower than the DAKT Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of HSAI and DAKT, 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

HSAI vs. DAKT - Drawdown Comparison

The maximum HSAI drawdown since its inception was -85.05%, smaller than the maximum DAKT drawdown of -92.96%. Use the drawdown chart below to compare losses from any high point for HSAI and DAKT.

Drawdown Indicators

	HSAI	DAKT	Difference
Max Drawdown Largest peak-to-trough decline	-85.05%	-92.96%	+7.91%
Max Drawdown (1Y) Largest decline over 1 year	-49.56%	-31.34%	-18.22%
Max Drawdown (3Y) Largest decline over 3 years	-73.37%	-42.00%	-31.37%
Max Drawdown (5Y) Largest decline over 5 years	—	-73.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-82.34%	—
Current Drawdown Current decline from peak	-46.64%	-27.48%	-19.16%
Average Drawdown Average peak-to-trough decline	-46.54%	-50.10%	+3.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.55%	19.05%	+3.50%

Volatility

HSAI vs. DAKT - Volatility Comparison

Hesai Group American Depositary Share each ADS represents one Class B ordinary share (HSAI) has a higher volatility of 20.75% compared to Daktronics, Inc. (DAKT) at 13.24%. This indicates that HSAI's price experiences larger fluctuations and is considered to be riskier than DAKT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HSAI	DAKT	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.75%	13.24%	+7.51%
Volatility (6M) Calculated over the trailing 6-month period	48.86%	29.83%	+19.03%
Volatility (1Y) Calculated over the trailing 1-year period	75.56%	47.60%	+27.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.94%	52.29%	+45.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.94%	45.92%	+52.02%

Dividends

HSAI vs. DAKT - Dividend Comparison

Neither HSAI nor DAKT has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DAKT Daktronics, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.07%	3.61%	3.78%	3.07%	3.18%	4.59%
HSAI Hesai Group American Depositary Share each ADS represents one Class B ordinary share	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

HSAI vs. DAKT - Profitability Comparison

The chart below illustrates the profitability comparison between Hesai Group American Depositary Share each ADS represents one Class B ordinary share and Daktronics, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HSAI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hesai Group American Depositary Share each ADS represents one Class B ordinary share reported a gross profit of 264.41M and revenue of 676.44M. Therefore, the gross margin over that period was 39.1%.

DAKT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Daktronics, Inc. reported a gross profit of 43.63M and revenue of 181.87M. Therefore, the gross margin over that period was 24.0%.

HSAI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hesai Group American Depositary Share each ADS represents one Class B ordinary share reported an operating income of -32.73M and revenue of 676.44M, resulting in an operating margin of -4.8%.

DAKT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Daktronics, Inc. reported an operating income of 1.92M and revenue of 181.87M, resulting in an operating margin of 1.1%.

HSAI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hesai Group American Depositary Share each ADS represents one Class B ordinary share reported a net income of 18.20M and revenue of 676.44M, resulting in a net margin of 2.7%.

DAKT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Daktronics, Inc. reported a net income of 3.01M and revenue of 181.87M, resulting in a net margin of 1.7%.

Frequently Asked Questions

Can I hold both HSAI and DAKT in my portfolio?

HSAI and DAKT have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HSAI or DAKT?

HSAI has higher volatility (20.75%) compared to DAKT (13.24%). In terms of maximum drawdown, HSAI dropped -85.05% vs DAKT's -92.96%.

Which has better risk-adjusted returns?

DAKT currently has the higher Sharpe Ratio (0.75 vs -0.17), 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.