LPTH vs. CNXC
LPTH (LightPath Technologies, Inc.) and CNXC (Concentrix Corporation) are both stocks. Both are in the Technology sector — LPTH in Electronic Components, CNXC in Information Technology Services. Over the past 5 years, LPTH returned 39.08%/yr vs -27.31%/yr for CNXC. At a 0.11 correlation, their price movements are largely independent.
Performance
LPTH vs. CNXC - Performance Comparison
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Returns By Period
In the year-to-date period, LPTH achieves a 39.26% return, which is significantly higher than CNXC's -32.63% return.
LPTH
- 1D
- 0.74%
- 1M
- 30.67%
- YTD
- 39.26%
- 6M
- 72.08%
- 1Y
- 403.01%
- 3Y*
- 117.34%
- 5Y*
- 39.08%
- 10Y*
- 23.05%
CNXC
- 1D
- -1.58%
- 1M
- 12.81%
- YTD
- -32.63%
- 6M
- -26.68%
- 1Y
- -49.86%
- 3Y*
- -29.25%
- 5Y*
- -27.31%
- 10Y*
- —
LPTH vs. CNXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LPTH LightPath Technologies, Inc. | 39.26% | 205.95% | 180.16% | 3.28% | -50.00% | -37.76% | 28.52% |
CNXC Concentrix Corporation | -32.63% | -1.39% | -55.03% | -25.36% | -24.91% | 81.22% | 23.37% |
Correlation
The correlation between LPTH and CNXC is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2020 | 0.11 |
The correlation between LPTH and CNXC shifts across timeframes, from -0.02 (1 year) to 0.12 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
LPTH:
$881.78M
CNXC:
$1.68B
LPTH:
-$85.64K
CNXC:
-$21.33
LPTH:
0.00
CNXC:
0.17
LPTH:
0.00
CNXC:
0.60
LPTH:
$19.15T
CNXC:
$9.95B
LPTH:
$6.96T
CNXC:
$3.27B
LPTH:
-$4.25T
CNXC:
-$944.68M
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Return for Risk
LPTH vs. CNXC — Risk / Return Rank
LPTH
CNXC
LPTH vs. CNXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LightPath Technologies, Inc. (LPTH) and Concentrix Corporation (CNXC). 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.
| LPTH | CNXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.35 | ||
| Sortino ratioReturn per unit of downside risk | +4.33 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.87 | +0.53 |
| Calmar ratioReturn relative to maximum drawdown | 10.03 | -0.81 | +10.84 |
| Martin ratioReturn relative to average drawdown | 23.36 | -1.34 | +24.70 |
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
| LPTH | CNXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.53 | -0.82 | +4.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | -0.57 | +1.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | -0.33 | +0.36 |
Drawdowns
LPTH vs. CNXC - Drawdown Comparison
The maximum LPTH drawdown since its inception was -99.65%, which is greater than CNXC's maximum drawdown of -87.86%. Use the drawdown chart below to compare losses from any high point for LPTH and CNXC.
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Drawdown Indicators
| LPTH | CNXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.65% | -87.86% | -11.79% |
Max Drawdown (1Y)Largest decline over 1 year | -40.52% | -61.71% | +21.19% |
Max Drawdown (3Y)Largest decline over 3 years | -61.08% | -76.50% | +15.42% |
Max Drawdown (5Y)Largest decline over 5 years | -64.66% | -87.86% | +23.20% |
Max Drawdown (10Y)Largest decline over 10 years | -86.28% | — | — |
Current DrawdownCurrent decline from peak | -76.97% | -85.48% | +8.51% |
Average DrawdownAverage peak-to-trough decline | -86.32% | -47.65% | -38.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.35% | 37.32% | -19.97% |
Volatility
LPTH vs. CNXC - Volatility Comparison
LightPath Technologies, Inc. (LPTH) has a higher volatility of 36.09% compared to Concentrix Corporation (CNXC) at 15.12%. This indicates that LPTH's price experiences larger fluctuations and is considered to be riskier than CNXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LPTH | CNXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 36.09% | 15.12% | +20.97% |
Volatility (6M)Calculated over the trailing 6-month period | 82.62% | 51.98% | +30.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 115.16% | 61.40% | +53.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.00% | 48.26% | +34.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.47% | 49.78% | +29.69% |
Dividends
LPTH vs. CNXC - Dividend Comparison
LPTH has not paid dividends to shareholders, while CNXC's dividend yield for the trailing twelve months is around 5.16%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
CNXC Concentrix Corporation | 5.16% | 3.27% | 2.87% | 1.15% | 0.77% | 0.14% |
LPTH LightPath Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
LPTH vs. CNXC - Financials Comparison
This section allows you to compare key financial metrics between LightPath Technologies, Inc. and Concentrix 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
LPTH vs. CNXC - Profitability Comparison
LPTH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, LightPath Technologies, Inc. reported a gross profit of 6.96T and revenue of 19.15T. Therefore, the gross margin over that period was 36.3%.
CNXC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported a gross profit of 849.66M and revenue of 2.50B. Therefore, the gross margin over that period was 34.0%.
LPTH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, LightPath Technologies, Inc. reported an operating income of -4.25T and revenue of 19.15T, resulting in an operating margin of -22.2%.
CNXC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported an operating income of 118.56M and revenue of 2.50B, resulting in an operating margin of 4.7%.
LPTH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, LightPath Technologies, Inc. reported a net income of -4.11T and revenue of 19.15T, resulting in a net margin of -21.4%.
CNXC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported a net income of 21.59M and revenue of 2.50B, resulting in a net margin of 0.9%.
Frequently Asked Questions
LPTH and CNXC have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LPTH has higher volatility (36.09%) compared to CNXC (15.12%). In terms of maximum drawdown, LPTH dropped -99.65% vs CNXC's -87.86%.
LPTH currently has the higher Sharpe Ratio (3.53 vs -0.82), 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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