MOB vs. APP

Last updated Jun 13, 2026

MOB (Mobilicom Limited American Depositary Shares) and APP (AppLovin Corporation) are both stocks. MOB operates in Communication Equipment (Technology), while APP operates in Advertising Agencies (Communication Services). At a 0.23 correlation, their price movements are largely independent.

Performance

MOB vs. APP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mobilicom Limited American Depositary Shares (MOB) and AppLovin Corporation (APP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MOB achieves a 2.30% return, which is significantly higher than APP's -26.28% return.

MOB

• 1D: 6.85%
• 1M: 7.03%
• YTD: 2.30%
• 6M: -11.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

APP

• 1D: 3.80%
• 1M: 9.53%
• YTD: -26.28%
• 6M: -25.93%
• 1Y: 30.53%
• 3Y*: 180.45%
• 5Y*: 43.23%
• 10Y*: —

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

MOB vs. APP - Yearly Performance Comparison

	2026 (YTD)	2025
MOB Mobilicom Limited American Depositary Shares	2.30%	-25.52%
APP AppLovin Corporation	-26.28%	-2.62%

Correlation

The correlation between MOB and APP is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 8, 2025	0.23

Fundamentals

Market Cap MOB : $55.23M APP : $168.27B
EPS MOB : -$3.88 APP : $11.64
PS Ratio MOB : 7.81 APP : 27.44
PB Ratio MOB : 6.26 APP : 71.20
Total Revenue (TTM) MOB : $6.54M APP : $6.16B
Gross Profit (TTM) MOB : $3.62M APP : $5.45B
EBITDA (TTM) MOB : -$31.15M APP : $4.87B

Return for Risk

MOB vs. APP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MOB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

APP

APP Risk / Return Rank: 57
APP Sharpe Ratio Rank: 58
APP Sortino Ratio Rank: 57
APP Omega Ratio Rank: 57
APP Calmar Ratio Rank: 57
APP Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MOB vs. APP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mobilicom Limited American Depositary Shares (MOB) and AppLovin Corporation (APP). 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.

	MOB	APP	Difference
Sharpe ratio: Return per unit of total volatility	—	0.43	—
Sortino ratio: Return per unit of downside risk	—	1.02	—
Omega ratio: Gain probability vs. loss probability	—	1.13	—
Calmar ratio: Return relative to maximum drawdown	—	0.61	—
Martin ratio: Return relative to average drawdown	—	1.22	—

Drawdowns

MOB vs. APP - Drawdown Comparison

The maximum MOB drawdown since its inception was -50.00%, smaller than the maximum APP drawdown of -91.90%. Use the drawdown chart below to compare losses from any high point for MOB and APP.

Drawdown Indicators

	MOB	APP	Difference
Max Drawdown Largest peak-to-trough decline	-50.00%	-91.90%	+41.90%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.99%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-57.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-91.90%	—
Current Drawdown Current decline from peak	-32.61%	-32.28%	-0.33%
Average Drawdown Average peak-to-trough decline	-29.98%	-42.52%	+12.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	25.10%	—

Volatility

Volatility by Period

	MOB	APP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	20.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	58.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	112.49%	71.03%	+41.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	112.49%	77.84%	+34.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	112.49%	77.53%	+34.96%

Dividends

MOB vs. APP - Dividend Comparison

Neither MOB nor APP has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both MOB and APP in my portfolio?

MOB and APP have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.