HSHP vs. PL
HSHP (Himalaya Shipping Ltd.) and PL (Planet Labs PBC) are both stocks. Both are in the Industrials sector — HSHP in Marine Shipping, PL in Aerospace & Defense. Over the past 3 years, HSHP returned 44.60%/yr vs 106.65%/yr for PL. At a 0.14 correlation, their price movements are largely independent.
Performance
HSHP vs. PL - Performance Comparison
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Returns By Period
In the year-to-date period, HSHP achieves a 71.21% return, which is significantly higher than PL's 57.96% return.
HSHP
- 1D
- 3.05%
- 1M
- -2.31%
- YTD
- 71.21%
- 6M
- 71.96%
- 1Y
- 142.86%
- 3Y*
- 44.60%
- 5Y*
- —
- 10Y*
- —
PL
- 1D
- -8.84%
- 1M
- -25.16%
- YTD
- 57.96%
- 6M
- 70.78%
- 1Y
- 480.07%
- 3Y*
- 106.65%
- 5Y*
- 25.63%
- 10Y*
- —
HSHP vs. PL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HSHP Himalaya Shipping Ltd. | 71.21% | 96.10% | -23.53% | 37.12% | -1.99% |
PL Planet Labs PBC | 57.96% | 388.12% | 63.56% | -43.22% | -4.81% |
Correlation
The correlation between HSHP and PL is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2022 | 0.14 |
The correlation between HSHP and PL shifts across timeframes, from 0.01 (1 year) to 0.14 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
HSHP:
$715.11M
PL:
$10.76B
HSHP:
$0.63
PL:
-$1.17
HSHP:
4.92
PL:
29.61
HSHP:
4.59
PL:
24.26
HSHP:
$143.50M
PL:
$335.61M
HSHP:
$98.40M
PL:
$186.28M
HSHP:
$101.44M
PL:
-$125.70M
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Return for Risk
HSHP vs. PL — Risk / Return Rank
HSHP
PL
HSHP vs. PL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Himalaya Shipping Ltd. (HSHP) and Planet Labs PBC (PL). 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 | PL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.55 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 9.35 | 11.79 | -2.44 |
| Martin ratioReturn relative to average drawdown | 21.19 | 36.80 | -15.61 |
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Drawdowns
HSHP vs. PL - Drawdown Comparison
The maximum HSHP drawdown since its inception was -51.51%, smaller than the maximum PL drawdown of -85.73%. Use the drawdown chart below to compare losses from any high point for HSHP and PL.
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Drawdown Indicators
| HSHP | PL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.51% | -85.73% | +34.22% |
Max Drawdown (1Y)Largest decline over 1 year | -15.57% | -40.23% | +24.66% |
Max Drawdown (3Y)Largest decline over 3 years | -51.51% | -55.17% | +3.66% |
Max Drawdown (5Y)Largest decline over 5 years | — | -85.73% | — |
Current DrawdownCurrent decline from peak | -5.38% | -39.40% | +34.02% |
Average DrawdownAverage peak-to-trough decline | -14.76% | -49.90% | +35.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.85% | 12.88% | -6.03% |
Volatility
HSHP vs. PL - Volatility Comparison
The current volatility for Himalaya Shipping Ltd. (HSHP) is 13.10%, while Planet Labs PBC (PL) has a volatility of 39.48%. This indicates that HSHP experiences smaller price fluctuations and is considered to be less risky than PL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSHP | PL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.10% | 39.48% | -26.38% |
Volatility (6M)Calculated over the trailing 6-month period | 30.50% | 78.71% | -48.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.51% | 102.61% | -63.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.51% | 80.98% | -38.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.51% | 79.91% | -37.40% |
Dividends
HSHP vs. PL - Dividend Comparison
HSHP's dividend yield for the trailing twelve months is around 3.81%, while PL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
HSHP Himalaya Shipping Ltd. | 3.81% | 3.57% | 9.88% |
PL Planet Labs PBC | 0.00% | 0.00% | 0.00% |
Financials
HSHP vs. PL - Financials Comparison
This section allows you to compare key financial metrics between Himalaya Shipping Ltd. and Planet Labs PBC. 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 PL have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PL has higher volatility (39.48%) compared to HSHP (13.10%). In terms of maximum drawdown, HSHP dropped -51.51% vs PL's -85.73%.
PL currently has the higher Sharpe Ratio (4.62 vs 3.69), 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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