LNVGY vs. APLD
LNVGY (Lenovo Group Limited) and APLD (Applied Digital Corporation) are both stocks. Both are in the Technology sector — LNVGY in Computer Hardware, APLD in Information Technology Services. Over the past 10 years, LNVGY returned 23.64%/yr vs 125.13%/yr for APLD. At a 0.04 correlation, their price movements are largely independent.
Performance
LNVGY vs. APLD - Performance Comparison
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Returns By Period
In the year-to-date period, LNVGY achieves a 141.66% return, which is significantly higher than APLD's 74.14% return. Over the past 10 years, LNVGY has underperformed APLD with an annualized return of 23.64%, while APLD has yielded a comparatively higher 125.13% annualized return.
LNVGY
- 1D
- -3.57%
- 1M
- 70.08%
- YTD
- 141.66%
- 6M
- 133.67%
- 1Y
- 147.90%
- 3Y*
- 46.03%
- 5Y*
- 24.78%
- 10Y*
- 23.64%
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%
LNVGY vs. APLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LNVGY Lenovo Group Limited | 141.66% | -4.37% | -4.30% | 80.46% | -25.77% | 28.05% | 47.80% | 4.62% | 26.37% | 3.11% |
APLD Applied Digital Corporation | 74.14% | 220.94% | 13.35% | 266.30% | -56.09% | 11,789.90% | 389.44% | -34.55% | 64.99% | -33.33% |
Correlation
The correlation between LNVGY and APLD is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2008 | 0.04 |
Over the past year, LNVGY and APLD have become more correlated (0.31) than their long-term average of 0.04, meaning their price movements have been converging.
Fundamentals
LNVGY:
$41.74B
APLD:
$11.60B
LNVGY:
$2.63
APLD:
-$0.72
LNVGY:
0.50
APLD:
28.94
LNVGY:
5.47
APLD:
7.37
LNVGY:
$83.00B
APLD:
$390.57M
LNVGY:
$12.49B
APLD:
$124.93M
LNVGY:
$4.29B
APLD:
-$154.66M
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Return for Risk
LNVGY vs. APLD — Risk / Return Rank
LNVGY
APLD
LNVGY vs. APLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lenovo Group Limited (LNVGY) 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.
| LNVGY | APLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.77 | ||
| Sortino ratioReturn per unit of downside risk | +1.25 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.33 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 5.11 | 4.83 | +0.28 |
| Martin ratioReturn relative to average drawdown | 9.56 | 11.72 | -2.16 |
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Drawdowns
LNVGY vs. APLD - Drawdown Comparison
The maximum LNVGY drawdown since its inception was -84.37%, smaller than the maximum APLD drawdown of -99.73%. Use the drawdown chart below to compare losses from any high point for LNVGY and APLD.
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Drawdown Indicators
| LNVGY | APLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.37% | -99.73% | +15.36% |
Max Drawdown (1Y)Largest decline over 1 year | -29.12% | -50.31% | +21.19% |
Max Drawdown (3Y)Largest decline over 3 years | -44.60% | -76.66% | +32.06% |
Max Drawdown (5Y)Largest decline over 5 years | -55.02% | -82.61% | +27.59% |
Max Drawdown (10Y)Largest decline over 10 years | -55.02% | -89.80% | +34.78% |
Current DrawdownCurrent decline from peak | -14.68% | -14.00% | -0.68% |
Average DrawdownAverage peak-to-trough decline | -35.37% | -74.86% | +39.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.55% | 21.22% | -5.67% |
Volatility
LNVGY vs. APLD - Volatility Comparison
Lenovo Group Limited (LNVGY) and Applied Digital Corporation (APLD) have volatilities of 33.91% and 33.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LNVGY | APLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.91% | 33.15% | +0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 41.11% | 80.49% | -39.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.97% | 107.13% | -58.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.51% | 165.20% | -118.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.72% | 301.46% | -260.74% |
Dividends
LNVGY vs. APLD - Dividend Comparison
LNVGY's dividend yield for the trailing twelve months is around 1.74%, while APLD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APLD Applied Digital Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LNVGY Lenovo Group Limited | 1.74% | 4.21% | 3.83% | 3.47% | 5.98% | 3.58% | 3.77% | 5.21% | 4.74% | 10.40% | 10.61% | 3.21% |
Financials
LNVGY vs. APLD - Financials Comparison
This section allows you to compare key financial metrics between Lenovo Group Limited 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
LNVGY vs. APLD - Profitability Comparison
LNVGY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lenovo Group Limited reported a gross profit of 3.53B and revenue of 21.56B. Therefore, the gross margin over that period was 16.4%.
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%.
LNVGY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lenovo Group Limited reported an operating income of 834.29M and revenue of 21.56B, resulting in an operating margin of 3.9%.
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%.
LNVGY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lenovo Group Limited reported a net income of 520.10M and revenue of 21.56B, resulting in a net margin of 2.4%.
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
LNVGY and APLD have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LNVGY has higher volatility (33.91%) compared to APLD (33.15%). In terms of maximum drawdown, LNVGY dropped -84.37% vs APLD's -99.73%.
LNVGY currently has the higher Sharpe Ratio (3.04 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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