HYMC vs. APLD
HYMC (Hycroft Mining Holding Corporation) and APLD (Applied Digital Corporation) are both stocks. HYMC operates in Gold (Basic Materials), while APLD operates in Information Technology Services (Technology). Over the past 5 years, HYMC returned -6.73%/yr vs 112.30%/yr for APLD. At a 0.14 correlation, their price movements are largely independent.
Performance
HYMC vs. APLD - Performance Comparison
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Returns By Period
In the year-to-date period, HYMC achieves a 8.37% return, which is significantly lower than APLD's 74.14% return.
HYMC
- 1D
- 2.26%
- 1M
- -40.96%
- YTD
- 8.37%
- 6M
- 92.24%
- 1Y
- 657.65%
- 3Y*
- 98.71%
- 5Y*
- -6.73%
- 10Y*
- —
APLD
- 1D
- 2.97%
- 1M
- -6.11%
- YTD
- 74.14%
- 6M
- 53.27%
- 1Y
- 241.33%
- 3Y*
- 69.23%
- 5Y*
- 112.30%
- 10Y*
- 125.13%
HYMC vs. APLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HYMC Hycroft Mining Holding Corporation | 8.37% | 975.57% | -9.80% | -53.96% | -13.30% | -92.18% | -24.03% | 4.59% | 3.35% |
APLD Applied Digital Corporation | 74.14% | 220.94% | 13.35% | 266.30% | -56.09% | 11,789.90% | 389.44% | -34.55% | 120.00% |
Correlation
The correlation between HYMC and APLD is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2018 | 0.14 |
Fundamentals
HYMC:
$2.31B
APLD:
$11.60B
HYMC:
-$1.64
APLD:
-$0.72
HYMC:
10.33
APLD:
7.37
HYMC:
$0.00
APLD:
$390.57M
HYMC:
-$4.65M
APLD:
$124.93M
HYMC:
-$69.17M
APLD:
-$154.66M
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Return for Risk
HYMC vs. APLD — Risk / Return Rank
HYMC
APLD
HYMC vs. APLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hycroft Mining Holding Corporation (HYMC) and Applied Digital Corporation (APLD). 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.
| HYMC | APLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.35 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.33 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 11.29 | 4.83 | +6.46 |
| Martin ratioReturn relative to average drawdown | 30.24 | 11.72 | +18.52 |
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Drawdowns
HYMC vs. APLD - Drawdown Comparison
The maximum HYMC drawdown since its inception was -98.89%, roughly equal to the maximum APLD drawdown of -99.73%. Use the drawdown chart below to compare losses from any high point for HYMC and APLD.
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Drawdown Indicators
| HYMC | APLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.89% | -99.73% | +0.84% |
Max Drawdown (1Y)Largest decline over 1 year | -58.77% | -50.31% | -8.46% |
Max Drawdown (3Y)Largest decline over 3 years | -63.45% | -76.66% | +13.21% |
Max Drawdown (5Y)Largest decline over 5 years | -94.96% | -82.61% | -12.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -89.80% | — |
Current DrawdownCurrent decline from peak | -83.72% | -14.00% | -69.72% |
Average DrawdownAverage peak-to-trough decline | -63.36% | -74.86% | +11.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.95% | 21.22% | +0.73% |
Volatility
HYMC vs. APLD - Volatility Comparison
The current volatility for Hycroft Mining Holding Corporation (HYMC) is 24.71%, while Applied Digital Corporation (APLD) has a volatility of 33.15%. This indicates that HYMC experiences smaller price fluctuations and is considered to be less risky than APLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HYMC | APLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.71% | 33.15% | -8.44% |
Volatility (6M)Calculated over the trailing 6-month period | 95.63% | 80.49% | +15.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 120.00% | 107.13% | +12.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 152.60% | 165.20% | -12.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 122.97% | 301.46% | -178.49% |
Dividends
HYMC vs. APLD - Dividend Comparison
Neither HYMC nor APLD has paid dividends to shareholders.
Financials
HYMC vs. APLD - Financials Comparison
This section allows you to compare key financial metrics between Hycroft Mining Holding Corporation and Applied Digital Corporation. 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
HYMC and APLD have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APLD has higher volatility (33.15%) compared to HYMC (24.71%). In terms of maximum drawdown, HYMC dropped -98.89% vs APLD's -99.73%.
HYMC currently has the higher Sharpe Ratio (5.62 vs 2.27), 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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