MIND vs. JOBY
MIND (MIND Technology, Inc.) and JOBY (Joby Aviation, Inc.) are both stocks. MIND operates in Scientific & Technical Instruments (Technology), while JOBY operates in Airports & Air Services (Industrials). Over the past 3 years, MIND returned 2.38%/yr vs 26.18%/yr for JOBY. At a 0.23 correlation, their price movements are largely independent.
Performance
MIND vs. JOBY - Performance Comparison
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Returns By Period
In the year-to-date period, MIND achieves a -23.09% return, which is significantly lower than JOBY's -13.41% return.
MIND
- 1D
- 1.96%
- 1M
- 6.12%
- YTD
- -23.09%
- 6M
- -31.23%
- 1Y
- 10.82%
- 3Y*
- 2.38%
- 5Y*
- -20.13%
- 10Y*
- -16.18%
JOBY
- 1D
- -3.71%
- 1M
- 29.01%
- YTD
- -13.41%
- 6M
- -21.87%
- 1Y
- 42.34%
- 3Y*
- 26.18%
- 5Y*
- —
- 10Y*
- —
MIND vs. JOBY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MIND MIND Technology, Inc. | -23.09% | 10.71% | 20.49% | 43.29% | -72.76% | -18.04% |
JOBY Joby Aviation, Inc. | -13.41% | 62.36% | 22.26% | 98.51% | -54.11% | -45.52% |
Correlation
The correlation between MIND and JOBY is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Aug 12, 2021 | 0.23 |
The correlation between MIND and JOBY shifts across timeframes, from 0.17 (3 years) to 0.29 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
MIND:
$61.11M
JOBY:
$10.78B
MIND:
$0.09
JOBY:
-$1.10
MIND:
1.48
JOBY:
5.51
MIND:
-$29.37M
JOBY:
$77.67M
MIND:
$19.33M
JOBY:
$8.72M
MIND:
$3.77M
JOBY:
-$1.05B
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Return for Risk
MIND vs. JOBY — Risk / Return Rank
MIND
JOBY
MIND vs. JOBY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MIND Technology, Inc. (MIND) and Joby Aviation, Inc. (JOBY). 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.
| MIND | JOBY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.15 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | 0.70 | -0.51 |
| Martin ratioReturn relative to average drawdown | 0.33 | 1.19 | -0.86 |
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
| MIND | JOBY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.12 | 0.54 | -0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.24 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | -0.04 | -0.02 |
Drawdowns
MIND vs. JOBY - Drawdown Comparison
The maximum MIND drawdown since its inception was -99.04%, which is greater than JOBY's maximum drawdown of -76.27%. Use the drawdown chart below to compare losses from any high point for MIND and JOBY.
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Drawdown Indicators
| MIND | JOBY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.04% | -76.27% | -22.77% |
Max Drawdown (1Y)Largest decline over 1 year | -58.85% | -61.06% | +2.21% |
Max Drawdown (3Y)Largest decline over 3 years | -59.50% | -61.06% | +1.56% |
Max Drawdown (5Y)Largest decline over 5 years | -85.66% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -93.63% | — | — |
Current DrawdownCurrent decline from peak | -97.94% | -43.94% | -54.00% |
Average DrawdownAverage peak-to-trough decline | -73.06% | -50.39% | -22.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.82% | 35.79% | -2.97% |
Volatility
MIND vs. JOBY - Volatility Comparison
The current volatility for MIND Technology, Inc. (MIND) is 13.40%, while Joby Aviation, Inc. (JOBY) has a volatility of 25.96%. This indicates that MIND experiences smaller price fluctuations and is considered to be less risky than JOBY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MIND | JOBY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.40% | 25.96% | -12.56% |
Volatility (6M)Calculated over the trailing 6-month period | 65.71% | 49.29% | +16.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 89.81% | 78.59% | +11.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.59% | 79.72% | +3.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.83% | 79.72% | -1.89% |
Dividends
MIND vs. JOBY - Dividend Comparison
Neither MIND nor JOBY has paid dividends to shareholders.
Financials
MIND vs. JOBY - Financials Comparison
This section allows you to compare key financial metrics between MIND Technology, Inc. and Joby Aviation, 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
MIND and JOBY have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JOBY has higher volatility (25.96%) compared to MIND (13.40%). In terms of maximum drawdown, MIND dropped -99.04% vs JOBY's -76.27%.
JOBY currently has the higher Sharpe Ratio (0.54 vs 0.12), 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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