PCYO vs. CDZI
PCYO (Pure Cycle Corporation) and CDZI (Cadiz Inc.) are both stocks. Both operate in the Utilities - Regulated Water industry within the Utilities sector. Over the past 10 years, PCYO returned 8.83%/yr vs -7.71%/yr for CDZI. Their 0.08 correlation means their historical movements had little consistent relationship.
Performance
PCYO vs. CDZI - Performance Comparison
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Returns By Period
In the year-to-date period, PCYO achieves a -4.37% return, which is significantly higher than CDZI's -46.70% return. Over the past 10 years, PCYO has outperformed CDZI with an annualized return of 8.83%, while CDZI has yielded a comparatively lower -7.71% annualized return.
PCYO
- 1D
- -1.87%
- 1M
- -2.78%
- 6M
- -9.24%
- YTD
- -4.37%
- 1Y
- 7.79%
- 3Y*
- -5.46%
- 5Y*
- -7.43%
- 10Y*
- 8.83%
- ALL TIME*
- 5.27%
CDZI
- 1D
- -4.78%
- 1M
- -28.64%
- 6M
- -46.99%
- YTD
- -46.70%
- 1Y
- -0.66%
- 3Y*
- -9.69%
- 5Y*
- -26.08%
- 10Y*
- -7.71%
- ALL TIME*
- -8.15%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
CDZI Cadiz Inc. | $3.74M | $4.82M | $4.11M |
| $563.35K | $598.41K | $650.45K |
PCYO vs. CDZI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PCYO Pure Cycle Corporation | -4.37% | -13.33% | 21.11% | -0.10% | -28.22% | 30.01% | -10.80% | 26.79% | 18.92% | 51.82% |
CDZI Cadiz Inc. | -46.70% | 7.88% | 85.71% | 12.00% | -35.23% | -63.76% | -3.36% | 6.99% | -27.72% | 14.00% |
Correlation
The correlation between PCYO and CDZI is 0.10, 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. | 0.10 |
Correlation (3Y) Balances recent behavior with more history. | 0.21 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.21 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1997 | 0.08 |
The correlation between PCYO and CDZI shifts across timeframes, from 0.08 (all time) to 0.21 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
PCYO:
$253.26M
CDZI:
$251.42M
PCYO:
$0.69
CDZI:
-$0.42
PCYO:
7.53
CDZI:
14.96
PCYO:
1.68
CDZI:
10.42
PCYO:
$33.73M
CDZI:
$16.31M
PCYO:
$19.48M
CDZI:
$5.15M
PCYO:
$19.93M
CDZI:
-$25.60M
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Return for Risk
PCYO vs. CDZI — Risk / Return Rank
PCYO
CDZI
PCYO vs. CDZI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pure Cycle Corporation (PCYO) and Cadiz Inc. (CDZI). 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.
| PCYO | CDZI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.04 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.42 | -0.11 | +0.52 |
| Martin ratioReturn relative to average drawdown | 0.91 | -0.23 | +1.14 |
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Drawdowns
PCYO vs. CDZI - Drawdown Comparison
The maximum PCYO drawdown since its inception was -89.13%, smaller than the maximum CDZI drawdown of -99.57%. Use the drawdown chart below to compare losses from any high point for PCYO and CDZI.
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Drawdown Indicators
| PCYO | CDZI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.13% | -99.57% | +10.44% |
Max Drawdown (1Y)Largest decline over 1 year | -17.50% | -56.94% | +39.44% |
Max Drawdown (3Y)Largest decline over 3 years | -33.36% | -56.94% | +23.58% |
Max Drawdown (5Y)Largest decline over 5 years | -51.46% | -89.21% | +37.75% |
Max Drawdown (10Y)Largest decline over 10 years | -52.49% | -90.16% | +37.67% |
Current DrawdownCurrent decline from peak | -36.07% | -99.13% | +63.06% |
Average DrawdownAverage peak-to-trough decline | -52.35% | -75.84% | +23.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.00% | 26.07% | -18.07% |
Volatility
PCYO vs. CDZI - Volatility Comparison
The current volatility for Pure Cycle Corporation (PCYO) is 6.57%, while Cadiz Inc. (CDZI) has a volatility of 22.55%. This indicates that PCYO experiences smaller price fluctuations and is considered to be less risky than CDZI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PCYO | CDZI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.57% | 22.55% | -15.98% |
Volatility (6M)Calculated over the trailing 6-month period | 23.28% | 44.11% | -20.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.65% | 63.62% | -33.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.26% | 73.04% | -40.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.58% | 58.10% | -22.52% |
Dividends
PCYO vs. CDZI - Dividend Comparison
Neither PCYO nor CDZI has paid dividends to shareholders.
Financials
PCYO vs. CDZI - Financials Comparison
This section allows you to compare key financial metrics between Pure Cycle Corporation and Cadiz 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
PCYO and CDZI have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CDZI has higher volatility (22.55%) compared to PCYO (6.57%). In terms of maximum drawdown, PCYO dropped -89.13% vs CDZI's -99.57%.
PCYO currently has the higher Sharpe Ratio (0.25 vs -0.09), 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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