PAYS vs. INOD
PAYS (PaySign, Inc.) and INOD (Innodata Inc.) are both stocks. Both are in the Technology sector — PAYS in Software - Infrastructure, INOD in Information Technology Services. Over the past 10 years, PAYS returned 42.86%/yr vs 46.16%/yr for INOD. At a 0.11 correlation, their price movements are largely independent.
Performance
PAYS vs. INOD - Performance Comparison
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Returns By Period
In the year-to-date period, PAYS achieves a 28.54% return, which is significantly lower than INOD's 101.75% return. Over the past 10 years, PAYS has underperformed INOD with an annualized return of 42.86%, while INOD has yielded a comparatively higher 46.16% annualized return.
PAYS
- 1D
- -2.50%
- 1M
- 6.43%
- YTD
- 28.54%
- 6M
- 29.04%
- 1Y
- 34.28%
- 3Y*
- 35.86%
- 5Y*
- 13.92%
- 10Y*
- 42.86%
INOD
- 1D
- 0.80%
- 1M
- 21.09%
- YTD
- 101.75%
- 6M
- 78.55%
- 1Y
- 100.64%
- 3Y*
- 114.06%
- 5Y*
- 70.61%
- 10Y*
- 46.16%
PAYS vs. INOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAYS PaySign, Inc. | 28.54% | 70.53% | 7.86% | 8.53% | 61.25% | -65.52% | -54.29% | 188.35% | 382.19% | 118.56% |
INOD Innodata Inc. | 101.75% | 28.92% | 385.50% | 174.54% | -49.92% | 11.70% | 364.91% | -24.00% | 10.29% | -44.49% |
Correlation
The correlation between PAYS and INOD is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2007 | 0.11 |
The correlation between PAYS and INOD shifts across timeframes, from 0.11 (all time) to 0.29 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PAYS:
$403.97M
INOD:
$3.66B
PAYS:
$0.17
INOD:
$1.11
PAYS:
38.54
INOD:
92.61
PAYS:
0.33
INOD:
0.02
PAYS:
4.38
INOD:
12.84
PAYS:
7.34
INOD:
28.53
PAYS:
$91.47M
INOD:
$283.42M
PAYS:
$46.93M
INOD:
$76.88M
PAYS:
$22.09M
INOD:
$37.35M
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Return for Risk
PAYS vs. INOD — Risk / Return Rank
PAYS
INOD
PAYS vs. INOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PaySign, Inc. (PAYS) and Innodata Inc. (INOD). 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.
| PAYS | INOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.27 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 1.61 | -1.06 |
| Martin ratioReturn relative to average drawdown | 0.93 | 2.90 | -1.97 |
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
| PAYS | INOD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.48 | 0.83 | -0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.67 | -0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.52 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.13 | -0.04 |
Drawdowns
PAYS vs. INOD - Drawdown Comparison
The maximum PAYS drawdown since its inception was -98.95%, roughly equal to the maximum INOD drawdown of -95.47%. Use the drawdown chart below to compare losses from any high point for PAYS and INOD.
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Drawdown Indicators
| PAYS | INOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.95% | -95.47% | -3.48% |
Max Drawdown (1Y)Largest decline over 1 year | -62.85% | -63.03% | +0.18% |
Max Drawdown (3Y)Largest decline over 3 years | -64.60% | -63.03% | -1.57% |
Max Drawdown (5Y)Largest decline over 5 years | -65.65% | -74.44% | +8.79% |
Max Drawdown (10Y)Largest decline over 10 years | -93.09% | -74.44% | -18.65% |
Current DrawdownCurrent decline from peak | -63.12% | -15.40% | -47.72% |
Average DrawdownAverage peak-to-trough decline | -69.39% | -60.09% | -9.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.11% | 34.88% | +2.23% |
Volatility
PAYS vs. INOD - Volatility Comparison
The current volatility for PaySign, Inc. (PAYS) is 23.77%, while Innodata Inc. (INOD) has a volatility of 72.66%. This indicates that PAYS experiences smaller price fluctuations and is considered to be less risky than INOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PAYS | INOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.77% | 72.66% | -48.89% |
Volatility (6M)Calculated over the trailing 6-month period | 51.44% | 89.14% | -37.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.44% | 122.75% | -50.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 67.43% | 106.73% | -39.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 76.02% | 89.38% | -13.36% |
Dividends
PAYS vs. INOD - Dividend Comparison
Neither PAYS nor INOD has paid dividends to shareholders.
Financials
PAYS vs. INOD - Financials Comparison
This section allows you to compare key financial metrics between PaySign, Inc. and Innodata 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
PAYS vs. INOD - 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%.
INOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Innodata Inc. reported a gross profit of 0.00 and revenue of 90.10M. Therefore, the gross margin over that period was 0.0%.
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%.
INOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Innodata Inc. reported an operating income of 0.00 and revenue of 90.10M, resulting in an operating margin of 0.0%.
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%.
INOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Innodata Inc. reported a net income of 14.90M and revenue of 90.10M, resulting in a net margin of 16.5%.
Frequently Asked Questions
PAYS and INOD have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INOD has higher volatility (72.66%) compared to PAYS (23.77%). In terms of maximum drawdown, PAYS dropped -98.95% vs INOD's -95.47%.
INOD currently has the higher Sharpe Ratio (0.83 vs 0.48), 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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