LIDRW vs. TRGP

Last updated Aug 1, 2026

LIDRW (AEye Inc) and TRGP (Targa Resources Corp.) are both stocks. LIDRW operates in Software - Infrastructure (Technology), while TRGP operates in Oil & Gas Midstream (Energy). Over the past 5 years, LIDRW returned -62.20%/yr vs 48.14%/yr for TRGP. Their 0.01 correlation means their historical movements had little consistent relationship.

Performance

LIDRW vs. TRGP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AEye Inc (LIDRW) and Targa Resources Corp. (TRGP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LIDRW achieves a -87.24% return, which is significantly lower than TRGP's 48.71% return.

LIDRW

• 1D: -23.33%
• 1M: -50.00%
• 6M: -84.50%
• YTD: -87.24%
• 1Y: -94.15%
• 3Y*: -35.37%
• 5Y*: -62.20%
• 10Y*: —
• ALL TIME*: -66.38%

TRGP

• 1D: 1.23%
• 1M: 4.93%
• 6M: 35.83%
• YTD: 48.71%
• 1Y: 69.52%
• 3Y*: 52.33%
• 5Y*: 48.14%
• 10Y*: 27.05%
• ALL TIME*: 21.75%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LIDRW AEye Inc	$1.29K	$962.11	$750.45
TRGP Targa Resources Corp.	$312.36M	$311.65M	$326.93M

LIDRW vs. TRGP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LIDRW AEye Inc	-87.24%	12.62%	1,233.33%	-85.00%	-95.70%	-81.21%
TRGP Targa Resources Corp.	48.71%	5.65%	110.12%	21.01%	43.71%	90.06%

Correlation

The correlation between LIDRW and TRGP is -0.01, 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.	-0.01
Correlation (3Y) Balances recent behavior with more history.	0.01
Correlation (5Y) Shows whether the relationship held over a longer period.	0.01
Correlation (All Time) Calculated using the full available price history since Jan 6, 2021	0.01

Fundamentals

Market Cap LIDRW : $36.82M TRGP : $58.03B
EPS LIDRW : -$0.85 TRGP : $14.79
PS Ratio LIDRW : 1.72 TRGP : 2.37
Total Revenue (TTM) LIDRW : $270.00K TRGP : $16.38B
Gross Profit (TTM) LIDRW : -$389.00K TRGP : $3.62B
EBITDA (TTM) LIDRW : -$35.49M TRGP : $4.49B

Return for Risk

LIDRW vs. TRGP — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LIDRW

LIDRW Risk / Return Rank: 20
LIDRW Sharpe Ratio Rank: 27
LIDRW Sortino Ratio Rank: 32
LIDRW Omega Ratio Rank: 32
LIDRW Calmar Ratio Rank: 1
LIDRW Martin Ratio Rank: 7

TRGP

TRGP Risk / Return Rank: 93
TRGP Sharpe Ratio Rank: 95
TRGP Sortino Ratio Rank: 92
TRGP Omega Ratio Rank: 90
TRGP Calmar Ratio Rank: 93
TRGP Martin Ratio Rank: 96

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LIDRW vs. TRGP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AEye Inc (LIDRW) and Targa Resources Corp. (TRGP). 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.

	LIDRW	TRGP	Difference
Sharpe ratio: Return per unit of total volatility	-0.38	2.40	-2.77
Sortino ratio: Return per unit of downside risk	-0.03	2.95	-2.98
Omega ratio: Gain probability vs. loss probability	1.00	1.37	-0.37
Calmar ratio: Return relative to maximum drawdown	-1.00	4.14	-5.14
Martin ratio: Return relative to average drawdown	-1.45	14.81	-16.26

LIDRW vs. TRGP - Sharpe Ratio Comparison

The current LIDRW Sharpe Ratio is -0.38, which is lower than the TRGP Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of LIDRW and TRGP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LIDRW vs. TRGP - Drawdown Comparison

The maximum LIDRW drawdown since its inception was -99.93%, roughly equal to the maximum TRGP drawdown of -95.21%. Use the drawdown chart below to compare losses from any high point for LIDRW and TRGP.

Drawdown Indicators

	LIDRW	TRGP	Difference
Max Drawdown Largest peak-to-trough decline	-99.93%	-95.21%	-4.72%
Max Drawdown (1Y) Largest decline over 1 year	-95.31%	-16.01%	-79.30%
Max Drawdown (3Y) Largest decline over 3 years	-97.19%	-31.61%	-65.58%
Max Drawdown (5Y) Largest decline over 5 years	-99.80%	-31.61%	-68.19%
Max Drawdown (10Y) Largest decline over 10 years	—	-90.78%	—
Current Drawdown Current decline from peak	-99.77%	-4.88%	-94.89%
Average Drawdown Average peak-to-trough decline	-92.20%	-33.30%	-58.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	67.47%	4.47%	+63.00%

Volatility

LIDRW vs. TRGP - Volatility Comparison

AEye Inc (LIDRW) has a higher volatility of 103.50% compared to Targa Resources Corp. (TRGP) at 8.59%. This indicates that LIDRW's price experiences larger fluctuations and is considered to be riskier than TRGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LIDRW	TRGP	Difference
Volatility (1M) Calculated over the trailing 1-month period	103.50%	8.59%	+94.91%
Volatility (6M) Calculated over the trailing 6-month period	213.38%	19.51%	+193.87%
Volatility (1Y) Calculated over the trailing 1-year period	252.02%	27.68%	+224.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	363.35%	31.68%	+331.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	347.93%	47.50%	+300.43%

Dividends

LIDRW vs. TRGP - Dividend Comparison

LIDRW has not paid dividends to shareholders, while TRGP's dividend yield for the trailing twelve months is around 1.66%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LIDRW AEye Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TRGP Targa Resources Corp.	1.66%	2.03%	1.54%	2.13%	1.90%	0.77%	4.59%	8.92%	10.11%	7.52%	6.49%	12.53%

Financials

Frequently Asked Questions

Can I hold both LIDRW and TRGP in my portfolio?

LIDRW and TRGP 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.

Which is riskier, LIDRW or TRGP?

LIDRW has higher volatility (103.50%) compared to TRGP (8.59%). In terms of maximum drawdown, LIDRW dropped -99.93% vs TRGP's -95.21%.

Which has better risk-adjusted returns?

TRGP currently has the higher Sharpe Ratio (2.40 vs -0.38), 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.