JAZZ vs. APLD
JAZZ (Jazz Pharmaceuticals plc) and APLD (Applied Digital Corporation) are both stocks. JAZZ operates in Biotechnology (Healthcare), while APLD operates in Capital Markets (Financial Services). Over the past 10 years, JAZZ returned 4.22%/yr vs 90.24%/yr for APLD. At a 0.02 correlation, their price movements are largely independent.
Performance
JAZZ vs. APLD - Performance Comparison
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Returns By Period
In the year-to-date period, JAZZ achieves a 35.84% return, which is significantly lower than APLD's 82.34% return. Over the past 10 years, JAZZ has underperformed APLD with an annualized return of 4.22%, while APLD has yielded a comparatively higher 90.24% annualized return.
JAZZ
- 1D
- 2.13%
- 1M
- 10.99%
- YTD
- 35.84%
- 6M
- 38.20%
- 1Y
- 109.33%
- 3Y*
- 21.63%
- 5Y*
- 5.88%
- 10Y*
- 4.22%
APLD
- 1D
- -6.58%
- 1M
- 25.48%
- YTD
- 82.34%
- 6M
- 52.28%
- 1Y
- 336.20%
- 3Y*
- 69.14%
- 5Y*
- 54.74%
- 10Y*
- 90.24%
JAZZ vs. APLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JAZZ Jazz Pharmaceuticals plc | 35.84% | 38.04% | 0.12% | -22.79% | 25.05% | -22.81% | 10.56% | 20.43% | -7.94% | 23.50% |
APLD Applied Digital Corporation | 82.34% | 220.94% | 13.35% | 266.30% | -92.68% | 11,789.90% | 389.44% | -34.55% | 64.99% | -33.33% |
Correlation
The correlation between JAZZ and APLD is 0.06, 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 | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2008 | 0.02 |
The correlation between JAZZ and APLD shifts across timeframes, from 0.02 (all time) to 0.15 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
JAZZ:
$15.26B
APLD:
$12.15B
JAZZ:
$0.47
APLD:
-$0.72
JAZZ:
3.25
APLD:
30.30
JAZZ:
3.37
APLD:
7.71
JAZZ:
$4.44B
APLD:
$390.57M
JAZZ:
$2.97B
APLD:
$124.93M
JAZZ:
$336.83M
APLD:
-$154.66M
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Return for Risk
JAZZ vs. APLD — Risk / Return Rank
JAZZ
APLD
JAZZ vs. APLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Jazz Pharmaceuticals plc (JAZZ) 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.
| JAZZ | APLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | +1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.38 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 9.63 | 6.73 | +2.90 |
| Martin ratioReturn relative to average drawdown | 23.75 | 15.32 | +8.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JAZZ | APLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.98 | 3.06 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 0.38 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | 0.40 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.05 | +0.14 |
Drawdowns
JAZZ vs. APLD - Drawdown Comparison
The maximum JAZZ drawdown since its inception was -96.90%, roughly equal to the maximum APLD drawdown of -99.70%. Use the drawdown chart below to compare losses from any high point for JAZZ and APLD.
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Drawdown Indicators
| JAZZ | APLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.90% | -99.70% | +2.80% |
Max Drawdown (1Y)Largest decline over 1 year | -11.42% | -50.31% | +38.89% |
Max Drawdown (3Y)Largest decline over 3 years | -32.71% | -76.66% | +43.95% |
Max Drawdown (5Y)Largest decline over 5 years | -47.55% | -97.10% | +49.55% |
Max Drawdown (10Y)Largest decline over 10 years | -52.10% | -97.10% | +45.00% |
Current DrawdownCurrent decline from peak | -3.71% | -9.95% | +6.24% |
Average DrawdownAverage peak-to-trough decline | -27.42% | -83.28% | +55.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.62% | 22.07% | -17.45% |
Volatility
JAZZ vs. APLD - Volatility Comparison
The current volatility for Jazz Pharmaceuticals plc (JAZZ) is 9.90%, while Applied Digital Corporation (APLD) has a volatility of 34.53%. This indicates that JAZZ 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
| JAZZ | APLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.90% | 34.53% | -24.63% |
Volatility (6M)Calculated over the trailing 6-month period | 23.47% | 79.55% | -56.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.89% | 110.57% | -73.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.75% | 145.02% | -113.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.77% | 295.29% | -262.52% |
Dividends
JAZZ vs. APLD - Dividend Comparison
Neither JAZZ nor APLD has paid dividends to shareholders.
Financials
JAZZ vs. APLD - Financials Comparison
This section allows you to compare key financial metrics between Jazz Pharmaceuticals plc 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
JAZZ vs. APLD - Profitability Comparison
JAZZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Jazz Pharmaceuticals plc reported a gross profit of 0.00 and revenue of 1.07B. Therefore, the gross margin over that period was 0.0%.
APLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a gross profit of 82.52M and revenue of 161.76M. Therefore, the gross margin over that period was 51.0%.
JAZZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Jazz Pharmaceuticals plc reported an operating income of 336.60M and revenue of 1.07B, resulting in an operating margin of 31.5%.
APLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported an operating income of -62.13M and revenue of 161.76M, resulting in an operating margin of -38.4%.
JAZZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Jazz Pharmaceuticals plc reported a net income of 293.10M and revenue of 1.07B, resulting in a net margin of 27.4%.
APLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a net income of -104.11M and revenue of 161.76M, resulting in a net margin of -64.4%.
Frequently Asked Questions
JAZZ and APLD have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APLD has higher volatility (34.53%) compared to JAZZ (9.90%). In terms of maximum drawdown, JAZZ dropped -96.90% vs APLD's -99.70%.
APLD currently has the higher Sharpe Ratio (3.06 vs 2.98), 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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