LQDA vs. AMSC
LQDA (Liquidia Corporation) and AMSC (American Superconductor Corporation) are both stocks. LQDA operates in Biotechnology (Healthcare), while AMSC operates in Specialty Industrial Machinery (Industrials). Over the past 5 years, LQDA returned 87.74%/yr vs 22.07%/yr for AMSC. At a 0.21 correlation, their price movements are largely independent.
Performance
LQDA vs. AMSC - Performance Comparison
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Returns By Period
In the year-to-date period, LQDA achieves a 85.27% return, which is significantly higher than AMSC's 50.59% return.
LQDA
- 1D
- 3.31%
- 1M
- 51.06%
- YTD
- 85.27%
- 6M
- 82.52%
- 1Y
- 252.26%
- 3Y*
- 96.59%
- 5Y*
- 87.74%
- 10Y*
- —
AMSC
- 1D
- 2.36%
- 1M
- -21.47%
- YTD
- 50.59%
- 6M
- 33.52%
- 1Y
- 37.67%
- 3Y*
- 91.72%
- 5Y*
- 22.07%
- 10Y*
- 17.27%
LQDA vs. AMSC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LQDA Liquidia Corporation | 85.27% | 193.28% | -2.24% | 88.85% | 30.80% | 65.08% | -30.99% | -80.26% | 95.14% |
AMSC American Superconductor Corporation | 50.59% | 16.85% | 121.10% | 202.72% | -66.18% | -53.54% | 198.34% | -29.60% | 120.79% |
Correlation
The correlation between LQDA and AMSC is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2018 | 0.21 |
Over the past year, the correlation between LQDA and AMSC has dropped to 0.01 - well below their long-term average of 0.21, suggesting their price drivers have been diverging.
Fundamentals
LQDA:
$6.46B
AMSC:
$2.03B
LQDA:
$0.24
AMSC:
$3.05
LQDA:
267.21
AMSC:
14.22
LQDA:
20.69
AMSC:
6.36
LQDA:
59.51
AMSC:
3.65
LQDA:
$288.07M
AMSC:
$299.15M
LQDA:
$275.77M
AMSC:
$91.38M
LQDA:
$51.53M
AMSC:
$19.29M
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Return for Risk
LQDA vs. AMSC — Risk / Return Rank
LQDA
AMSC
LQDA vs. AMSC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Liquidia Corporation (LQDA) and American Superconductor Corporation (AMSC). 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.
| LQDA | AMSC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.30 | ||
| Sortino ratioReturn per unit of downside risk | +2.58 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.16 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 7.12 | 0.62 | +6.50 |
| Martin ratioReturn relative to average drawdown | 15.88 | 1.05 | +14.84 |
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
| LQDA | AMSC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.74 | 0.44 | +3.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.20 | 0.25 | +0.95 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.22 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | -0.04 | +0.33 |
Drawdowns
LQDA vs. AMSC - Drawdown Comparison
The maximum LQDA drawdown since its inception was -93.87%, smaller than the maximum AMSC drawdown of -99.57%. Use the drawdown chart below to compare losses from any high point for LQDA and AMSC.
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Drawdown Indicators
| LQDA | AMSC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.87% | -99.57% | +5.70% |
Max Drawdown (1Y)Largest decline over 1 year | -35.66% | -61.08% | +25.42% |
Max Drawdown (3Y)Largest decline over 3 years | -46.80% | -63.86% | +17.06% |
Max Drawdown (5Y)Largest decline over 5 years | -55.36% | -82.94% | +27.58% |
Max Drawdown (10Y)Largest decline over 10 years | — | -89.06% | — |
Current DrawdownCurrent decline from peak | 0.00% | -93.74% | +93.74% |
Average DrawdownAverage peak-to-trough decline | -69.65% | -75.76% | +6.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.05% | 36.14% | -20.09% |
Volatility
LQDA vs. AMSC - Volatility Comparison
Liquidia Corporation (LQDA) has a higher volatility of 28.47% compared to American Superconductor Corporation (AMSC) at 21.83%. This indicates that LQDA's price experiences larger fluctuations and is considered to be riskier than AMSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LQDA | AMSC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.47% | 21.83% | +6.64% |
Volatility (6M)Calculated over the trailing 6-month period | 47.97% | 53.09% | -5.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.06% | 85.36% | -17.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.62% | 87.23% | -13.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.75% | 79.09% | +6.66% |
Dividends
LQDA vs. AMSC - Dividend Comparison
Neither LQDA nor AMSC has paid dividends to shareholders.
Financials
LQDA vs. AMSC - Financials Comparison
This section allows you to compare key financial metrics between Liquidia Corporation and American Superconductor 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
LQDA vs. AMSC - Profitability Comparison
LQDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Liquidia Corporation reported a gross profit of 132.09M and revenue of 132.87M. Therefore, the gross margin over that period was 99.4%.
AMSC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, American Superconductor Corporation reported a gross profit of 23.60M and revenue of 86.41M. Therefore, the gross margin over that period was 27.3%.
LQDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Liquidia Corporation reported an operating income of 61.50M and revenue of 132.87M, resulting in an operating margin of 46.3%.
AMSC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, American Superconductor Corporation reported an operating income of -522.00K and revenue of 86.41M, resulting in an operating margin of -0.6%.
LQDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Liquidia Corporation reported a net income of 52.86M and revenue of 132.87M, resulting in a net margin of 39.8%.
AMSC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, American Superconductor Corporation reported a net income of 4.53M and revenue of 86.41M, resulting in a net margin of 5.2%.
Frequently Asked Questions
LQDA and AMSC 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.
LQDA has higher volatility (28.47%) compared to AMSC (21.83%). In terms of maximum drawdown, LQDA dropped -93.87% vs AMSC's -99.57%.
LQDA currently has the higher Sharpe Ratio (3.74 vs 0.44), 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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