HSHP vs. ASND
HSHP (Himalaya Shipping Ltd.) and ASND (Ascendis Pharma A/S) are both stocks. HSHP operates in Marine Shipping (Industrials), while ASND operates in Biotechnology (Healthcare). Over the past 3 years, HSHP returned 38.92%/yr vs 38.59%/yr for ASND. Their 0.12 correlation means their historical movements had little consistent relationship.
Performance
HSHP vs. ASND - Performance Comparison
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Returns By Period
In the year-to-date period, HSHP achieves a 72.64% return, which is significantly higher than ASND's 14.38% return.
HSHP
- 1D
- 1.09%
- 1M
- 11.10%
- 6M
- 44.66%
- YTD
- 72.64%
- 1Y
- 131.71%
- 3Y*
- 38.92%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 35.33%
ASND
- 1D
- -2.85%
- 1M
- -11.14%
- 6M
- 7.88%
- YTD
- 14.38%
- 1Y
- 39.79%
- 3Y*
- 38.59%
- 5Y*
- 15.59%
- 10Y*
- 33.00%
- ALL TIME*
- 23.51%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $116.18M | $134.94M | $171.37M | |
| $4.36M | $4.52M | $4.87M |
HSHP vs. ASND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HSHP Himalaya Shipping Ltd. | 72.64% | 87.24% | -28.11% | 37.12% | -1.99% |
ASND Ascendis Pharma A/S | 14.38% | 54.89% | 9.31% | 3.13% | 14.29% |
Correlation
The correlation between HSHP and ASND is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2022 | 0.12 |
Fundamentals
HSHP:
$740.65M
ASND:
$15.15B
HSHP:
$0.63
ASND:
€8.13
HSHP:
25.00
ASND:
26.01
HSHP:
0.05
ASND:
0.12
HSHP:
5.07
ASND:
15.19
HSHP:
4.74
ASND:
27.94
HSHP:
$143.50M
ASND:
€867.51M
HSHP:
$98.40M
ASND:
€764.89M
HSHP:
$101.44M
ASND:
-€6.94M
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Return for Risk
HSHP vs. ASND — Risk / Return Rank
HSHP
ASND
HSHP vs. ASND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Himalaya Shipping Ltd. (HSHP) and Ascendis Pharma A/S (ASND). 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.
| HSHP | ASND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.12 | ||
| Sortino ratioReturn per unit of downside risk | +1.93 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.20 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 7.19 | 2.35 | +4.84 |
| Martin ratioReturn relative to average drawdown | 16.93 | 6.86 | +10.06 |
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Drawdowns
HSHP vs. ASND - Drawdown Comparison
The maximum HSHP drawdown since its inception was -53.89%, smaller than the maximum ASND drawdown of -61.72%. Use the drawdown chart below to compare losses from any high point for HSHP and ASND.
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Drawdown Indicators
| HSHP | ASND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.89% | -61.72% | +7.83% |
Max Drawdown (1Y)Largest decline over 1 year | -18.35% | -17.62% | -0.73% |
Max Drawdown (3Y)Largest decline over 3 years | -53.89% | -29.15% | -24.74% |
Max Drawdown (5Y)Largest decline over 5 years | — | -60.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.72% | — |
Current DrawdownCurrent decline from peak | -3.26% | -12.00% | +8.74% |
Average DrawdownAverage peak-to-trough decline | -16.05% | -18.75% | +2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.76% | 5.98% | +1.78% |
Volatility
HSHP vs. ASND - Volatility Comparison
Himalaya Shipping Ltd. (HSHP) has a higher volatility of 15.42% compared to Ascendis Pharma A/S (ASND) at 8.48%. This indicates that HSHP's price experiences larger fluctuations and is considered to be riskier than ASND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSHP | ASND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.42% | 8.48% | +6.94% |
Volatility (6M)Calculated over the trailing 6-month period | 33.40% | 28.54% | +4.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.08% | 38.24% | +2.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.81% | 48.85% | -6.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.81% | 51.04% | -8.23% |
Dividends
HSHP vs. ASND - Dividend Comparison
Neither HSHP nor ASND has paid dividends to shareholders.
Financials
HSHP vs. ASND - Financials Comparison
This section allows you to compare key financial metrics between Himalaya Shipping Ltd. and Ascendis Pharma A/S. 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
HSHP and ASND have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSHP has higher volatility (15.42%) compared to ASND (8.48%). In terms of maximum drawdown, HSHP dropped -53.89% vs ASND's -61.72%.
HSHP currently has the higher Sharpe Ratio (3.21 vs 1.09), 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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