PAAS vs. AVPT
PAAS (Pan American Silver Corp.) and AVPT (AvePoint, Inc.) are both stocks. PAAS operates in Silver (Basic Materials), while AVPT operates in Software - Infrastructure (Technology). Over the past 5 years, PAAS returned 11.18%/yr vs 4.31%/yr for AVPT. Their 0.15 correlation means their historical movements had little consistent relationship.
Performance
PAAS vs. AVPT - Performance Comparison
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Returns By Period
In the year-to-date period, PAAS achieves a -16.30% return, which is significantly lower than AVPT's -6.19% return.
PAAS
- 1D
- -2.09%
- 1M
- -2.75%
- 6M
- -20.58%
- YTD
- -16.30%
- 1Y
- 61.72%
- 3Y*
- 40.98%
- 5Y*
- 11.18%
- 10Y*
- 9.52%
- ALL TIME*
- 8.09%
AVPT
- 1D
- 1.64%
- 1M
- 13.90%
- 6M
- 12.04%
- YTD
- -6.19%
- 1Y
- -31.71%
- 3Y*
- 28.30%
- 5Y*
- 4.31%
- 10Y*
- —
- ALL TIME*
- 1.55%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AVPT AvePoint, Inc. | $27.40M | $28.43M | $27.56M |
| $152.76M | $168.96M | $235.64M |
PAAS vs. AVPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PAAS Pan American Silver Corp. | -16.30% | 160.40% | 26.61% | 2.50% | -33.00% | -11.42% |
AVPT AvePoint, Inc. | -6.19% | -15.87% | 101.10% | 99.76% | -34.66% | -47.80% |
Correlation
The correlation between PAAS and AVPT is 0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.05 |
Correlation (3Y) Balances recent behavior with more history. | 0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2021 | 0.15 |
The correlation between PAAS and AVPT shifts across timeframes, from 0.05 (1 year) to 0.16 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PAAS:
$18.16B
AVPT:
$2.76B
PAAS:
$3.12
AVPT:
$0.20
PAAS:
13.80
AVPT:
64.32
PAAS:
0.08
AVPT:
0.42
PAAS:
4.37
AVPT:
6.76
PAAS:
2.47
AVPT:
6.71
PAAS:
$4.02B
AVPT:
$443.68M
PAAS:
$1.76B
AVPT:
$326.90M
PAAS:
$2.14B
AVPT:
$53.29M
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Return for Risk
PAAS vs. AVPT — Risk / Return Rank
PAAS
AVPT
PAAS vs. AVPT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pan American Silver Corp. (PAAS) and AvePoint, Inc. (AVPT). 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.
| PAAS | AVPT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.79 | ||
| Sortino ratioReturn per unit of downside risk | +2.38 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.90 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | -0.62 | +2.22 |
| Martin ratioReturn relative to average drawdown | 3.51 | -0.94 | +4.45 |
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Drawdowns
PAAS vs. AVPT - Drawdown Comparison
The maximum PAAS drawdown since its inception was -85.10%, which is greater than AVPT's maximum drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for PAAS and AVPT.
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Drawdown Indicators
| PAAS | AVPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.10% | -70.21% | -14.89% |
Max Drawdown (1Y)Largest decline over 1 year | -38.84% | -51.11% | +12.27% |
Max Drawdown (3Y)Largest decline over 3 years | -38.84% | -55.03% | +16.19% |
Max Drawdown (5Y)Largest decline over 5 years | -57.39% | -66.70% | +9.31% |
Max Drawdown (10Y)Largest decline over 10 years | -66.74% | — | — |
Current DrawdownCurrent decline from peak | -36.88% | -34.82% | -2.06% |
Average DrawdownAverage peak-to-trough decline | -41.61% | -36.49% | -5.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.65% | 35.98% | -18.33% |
Volatility
PAAS vs. AVPT - Volatility Comparison
The current volatility for Pan American Silver Corp. (PAAS) is 12.10%, while AvePoint, Inc. (AVPT) has a volatility of 12.93%. This indicates that PAAS experiences smaller price fluctuations and is considered to be less risky than AVPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PAAS | AVPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.10% | 12.93% | -0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 43.93% | 33.51% | +10.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.24% | 46.44% | +9.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.23% | 46.30% | +1.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.55% | 46.70% | +2.85% |
Dividends
PAAS vs. AVPT - Dividend Comparison
PAAS's dividend yield for the trailing twelve months is around 1.44%, while AVPT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVPT AvePoint, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PAAS Pan American Silver Corp. | 1.44% | 0.89% | 1.98% | 2.45% | 2.75% | 1.36% | 0.64% | 0.59% | 0.96% | 0.64% | 0.33% | 4.23% |
Financials
PAAS vs. AVPT - Financials Comparison
This section allows you to compare key financial metrics between Pan American Silver Corp. and AvePoint, 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
PAAS vs. AVPT - Profitability Comparison
PAAS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Pan American Silver Corp. reported a gross profit of 608.00M and revenue of 1.15B. Therefore, the gross margin over that period was 52.7%.
AVPT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, AvePoint, Inc. reported a gross profit of 85.37M and revenue of 117.24M. Therefore, the gross margin over that period was 72.8%.
PAAS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Pan American Silver Corp. reported an operating income of 560.00M and revenue of 1.15B, resulting in an operating margin of 48.5%.
AVPT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, AvePoint, Inc. reported an operating income of 12.73M and revenue of 117.24M, resulting in an operating margin of 10.9%.
PAAS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Pan American Silver Corp. reported a net income of 457.00M and revenue of 1.15B, resulting in a net margin of 39.6%.
AVPT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, AvePoint, Inc. reported a net income of 15.25M and revenue of 117.24M, resulting in a net margin of 13.0%.
Frequently Asked Questions
PAAS and AVPT have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVPT has higher volatility (12.93%) compared to PAAS (12.10%). In terms of maximum drawdown, PAAS dropped -85.10% vs AVPT's -70.21%.
PAAS currently has the higher Sharpe Ratio (1.10 vs -0.69), 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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