LASR vs. ASTS
LASR (nLIGHT, Inc.) and ASTS (AST SpaceMobile, Inc.) are both stocks. Both are in the Technology sector — LASR in Semiconductors, ASTS in Communication Equipment. Over the past 5 years, LASR returned 14.35%/yr vs 45.30%/yr for ASTS. At a 0.37 correlation, their price movements are largely independent.
Performance
LASR vs. ASTS - Performance Comparison
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Returns By Period
In the year-to-date period, LASR achieves a 70.11% return, which is significantly higher than ASTS's -6.36% return.
LASR
- 1D
- -3.96%
- 1M
- -18.76%
- YTD
- 70.11%
- 6M
- 62.28%
- 1Y
- 254.70%
- 3Y*
- 61.60%
- 5Y*
- 14.35%
- 10Y*
- —
ASTS
- 1D
- -6.67%
- 1M
- -35.75%
- YTD
- -6.36%
- 6M
- -12.86%
- 1Y
- 27.79%
- 3Y*
- 114.93%
- 5Y*
- 45.30%
- 10Y*
- —
LASR vs. ASTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LASR nLIGHT, Inc. | 70.11% | 257.58% | -22.30% | 33.14% | -57.66% | -26.29% |
ASTS AST SpaceMobile, Inc. | -6.36% | 244.22% | 249.92% | 25.10% | -39.29% | -31.73% |
Correlation
The correlation between LASR and ASTS is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2021 | 0.37 |
Fundamentals
LASR:
$3.83B
ASTS:
$19.77B
LASR:
-$0.28
ASTS:
-$1.84
LASR:
11.57
ASTS:
212.49
LASR:
8.92
ASTS:
7.43
LASR:
$289.84M
ASTS:
$84.94M
LASR:
$90.68M
ASTS:
-$22.93M
LASR:
-$3.27M
ASTS:
-$536.80M
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Return for Risk
LASR vs. ASTS — Risk / Return Rank
LASR
ASTS
LASR vs. ASTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for nLIGHT, Inc. (LASR) and AST SpaceMobile, Inc. (ASTS). 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.
| LASR | ASTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.01 | ||
| Sortino ratioReturn per unit of downside risk | +2.18 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.13 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 9.79 | 0.57 | +9.22 |
| Martin ratioReturn relative to average drawdown | 29.52 | 1.10 | +28.41 |
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Drawdowns
LASR vs. ASTS - Drawdown Comparison
The maximum LASR drawdown since its inception was -85.66%, roughly equal to the maximum ASTS drawdown of -85.57%. Use the drawdown chart below to compare losses from any high point for LASR and ASTS.
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Drawdown Indicators
| LASR | ASTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.66% | -85.57% | -0.09% |
Max Drawdown (1Y)Largest decline over 1 year | -26.19% | -48.90% | +22.71% |
Max Drawdown (3Y)Largest decline over 3 years | -58.69% | -70.13% | +11.44% |
Max Drawdown (5Y)Largest decline over 5 years | -82.47% | -85.57% | +3.10% |
Current DrawdownCurrent decline from peak | -24.89% | -48.90% | +24.01% |
Average DrawdownAverage peak-to-trough decline | -52.55% | -40.51% | -12.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.67% | 25.37% | -16.70% |
Volatility
LASR vs. ASTS - Volatility Comparison
The current volatility for nLIGHT, Inc. (LASR) is 23.11%, while AST SpaceMobile, Inc. (ASTS) has a volatility of 40.01%. This indicates that LASR experiences smaller price fluctuations and is considered to be less risky than ASTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LASR | ASTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.11% | 40.01% | -16.90% |
Volatility (6M)Calculated over the trailing 6-month period | 60.91% | 82.79% | -21.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 78.43% | 105.82% | -27.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.38% | 109.69% | -44.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 66.60% | 110.94% | -44.34% |
Dividends
LASR vs. ASTS - Dividend Comparison
Neither LASR nor ASTS has paid dividends to shareholders.
Financials
LASR vs. ASTS - Financials Comparison
This section allows you to compare key financial metrics between nLIGHT, Inc. and AST SpaceMobile, Inc.. 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
LASR and ASTS have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASTS has higher volatility (40.01%) compared to LASR (23.11%). In terms of maximum drawdown, LASR dropped -85.66% vs ASTS's -85.57%.
LASR currently has the higher Sharpe Ratio (3.27 vs 0.26), 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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