PAYS vs. APLD
PAYS (PaySign, Inc.) and APLD (Applied Digital Corporation) are both stocks. Both are in the Technology sector — PAYS in Software - Infrastructure, APLD in Information Technology Services. Over the past 10 years, PAYS returned 44.31%/yr vs 127.86%/yr for APLD. At a 0.05 correlation, their price movements are largely independent.
Performance
PAYS vs. APLD - Performance Comparison
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Returns By Period
In the year-to-date period, PAYS achieves a 44.47% return, which is significantly lower than APLD's 84.62% return. Over the past 10 years, PAYS has underperformed APLD with an annualized return of 44.31%, while APLD has yielded a comparatively higher 127.86% annualized return.
PAYS
- 1D
- 1.36%
- 1M
- 10.71%
- YTD
- 44.47%
- 6M
- 42.26%
- 1Y
- 26.10%
- 3Y*
- 44.22%
- 5Y*
- 18.60%
- 10Y*
- 44.31%
APLD
- 1D
- 0.15%
- 1M
- -1.31%
- YTD
- 84.62%
- 6M
- 73.58%
- 1Y
- 358.66%
- 3Y*
- 77.54%
- 5Y*
- 100.71%
- 10Y*
- 127.86%
PAYS vs. APLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAYS PaySign, Inc. | 44.47% | 70.53% | 7.86% | 8.53% | 61.25% | -65.52% | -54.29% | 188.35% | 382.19% | 118.56% |
APLD Applied Digital Corporation | 84.62% | 220.94% | 13.35% | 266.30% | -56.09% | 11,789.90% | 389.44% | -34.55% | 64.99% | -33.33% |
Correlation
The correlation between PAYS and APLD is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2008 | 0.05 |
The correlation between PAYS and APLD shifts across timeframes, from 0.05 (all time) to 0.15 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PAYS:
$454.00M
APLD:
$12.30B
PAYS:
$0.17
APLD:
-$0.72
PAYS:
4.93
APLD:
30.68
PAYS:
8.25
APLD:
7.81
PAYS:
$91.47M
APLD:
$390.57M
PAYS:
$46.93M
APLD:
$124.93M
PAYS:
$22.09M
APLD:
-$154.66M
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Return for Risk
PAYS vs. APLD — Risk / Return Rank
PAYS
APLD
PAYS vs. APLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PaySign, Inc. (PAYS) and Applied Digital Corporation (APLD). 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.
| PAYS | APLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.03 | ||
| Sortino ratioReturn per unit of downside risk | -2.42 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.40 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.42 | 7.18 | -6.77 |
| Martin ratioReturn relative to average drawdown | 0.70 | 17.65 | -16.95 |
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Drawdowns
PAYS vs. APLD - Drawdown Comparison
The maximum PAYS drawdown since its inception was -98.95%, roughly equal to the maximum APLD drawdown of -99.73%. Use the drawdown chart below to compare losses from any high point for PAYS and APLD.
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Drawdown Indicators
| PAYS | APLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.95% | -99.73% | +0.78% |
Max Drawdown (1Y)Largest decline over 1 year | -62.85% | -50.31% | -12.54% |
Max Drawdown (3Y)Largest decline over 3 years | -64.60% | -76.66% | +12.06% |
Max Drawdown (5Y)Largest decline over 5 years | -64.60% | -82.61% | +18.01% |
Max Drawdown (10Y)Largest decline over 10 years | -93.09% | -89.80% | -3.29% |
Current DrawdownCurrent decline from peak | -58.55% | -8.82% | -49.73% |
Average DrawdownAverage peak-to-trough decline | -69.36% | -74.76% | +5.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.27% | 20.44% | +16.83% |
Volatility
PAYS vs. APLD - Volatility Comparison
The current volatility for PaySign, Inc. (PAYS) is 16.38%, while Applied Digital Corporation (APLD) has a volatility of 22.67%. This indicates that PAYS experiences smaller price fluctuations and is considered to be less risky than APLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PAYS | APLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.38% | 22.67% | -6.29% |
Volatility (6M)Calculated over the trailing 6-month period | 51.54% | 76.66% | -25.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.98% | 106.58% | -34.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 67.42% | 165.08% | -97.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.98% | 301.63% | -225.65% |
Dividends
PAYS vs. APLD - Dividend Comparison
Neither PAYS nor APLD has paid dividends to shareholders.
Financials
PAYS vs. APLD - Financials Comparison
This section allows you to compare key financial metrics between PaySign, Inc. and Applied Digital 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
PAYS vs. APLD - Profitability Comparison
PAYS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PaySign, Inc. reported a gross profit of 18.22M and revenue of 28.04M. Therefore, the gross margin over that period was 65.0%.
APLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a gross profit of 82.52M and revenue of 161.76M. Therefore, the gross margin over that period was 51.0%.
PAYS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PaySign, Inc. reported an operating income of 6.67M and revenue of 28.04M, resulting in an operating margin of 23.8%.
APLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported an operating income of -62.13M and revenue of 161.76M, resulting in an operating margin of -38.4%.
PAYS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PaySign, Inc. reported a net income of 5.44M and revenue of 28.04M, resulting in a net margin of 19.4%.
APLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a net income of -104.11M and revenue of 161.76M, resulting in a net margin of -64.4%.
Frequently Asked Questions
PAYS and APLD have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APLD has higher volatility (22.67%) compared to PAYS (16.38%). In terms of maximum drawdown, PAYS dropped -98.95% vs APLD's -99.73%.
APLD currently has the higher Sharpe Ratio (3.40 vs 0.37), 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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