PDYN vs. PLTR

Last updated Jun 23, 2026

PDYN (Palladyne AI Corp) and PLTR (Palantir Technologies Inc.) are both stocks. Both operate in the Software - Infrastructure industry within the Technology sector. Over the past 3 years, PDYN returned 43.95%/yr vs 104.22%/yr for PLTR. At a 0.29 correlation, their price movements are largely independent.

Performance

PDYN vs. PLTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Palladyne AI Corp (PDYN) and Palantir Technologies Inc. (PLTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PDYN achieves a 58.92% return, which is significantly higher than PLTR's -32.77% return.

PDYN

• 1D: -3.29%
• 1M: 5.78%
• YTD: 58.92%
• 6M: 41.34%
• 1Y: -21.82%
• 3Y*: 43.95%
• 5Y*: —
• 10Y*: —

PLTR

• 1D: -6.98%
• 1M: -12.70%
• YTD: -32.77%
• 6M: -38.40%
• 1Y: -12.96%
• 3Y*: 104.22%
• 5Y*: 35.39%
• 10Y*: —

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

PDYN vs. PLTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PDYN Palladyne AI Corp	58.92%	-65.28%	1,601.10%	-78.58%	-94.38%	-0.10%
PLTR Palantir Technologies Inc.	-32.77%	135.03%	340.48%	167.45%	-64.74%	-36.24%

Correlation

The correlation between PDYN and PLTR is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (All Time) Calculated using the full available price history since Sep 27, 2021	0.29

The correlation between PDYN and PLTR shifts across timeframes, from 0.29 (all time) to 0.41 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap PDYN : $305.13M PLTR : $307.23B
EPS PDYN : -$0.61 PLTR : $0.89
PS Ratio PDYN : 39.63 PLTR : 58.73
PB Ratio PDYN : 4.36 PLTR : 36.36
Total Revenue (TTM) PDYN : $7.07M PLTR : $5.22B
Gross Profit (TTM) PDYN : $2.26M PLTR : $4.39B
EBITDA (TTM) PDYN : -$32.20M PLTR : $2.01B

Return for Risk

PDYN vs. PLTR — Risk / Return Rank

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

PDYN

PDYN Risk / Return Rank: 36
PDYN Sharpe Ratio Rank: 34
PDYN Sortino Ratio Rank: 42
PDYN Omega Ratio Rank: 40
PDYN Calmar Ratio Rank: 31
PDYN Martin Ratio Rank: 33

PLTR

PLTR Risk / Return Rank: 31
PLTR Sharpe Ratio Rank: 31
PLTR Sortino Ratio Rank: 31
PLTR Omega Ratio Rank: 31
PLTR Calmar Ratio Rank: 32
PLTR Martin Ratio Rank: 31

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.

PDYN vs. PLTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Palladyne AI Corp (PDYN) and Palantir Technologies Inc. (PLTR). 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.

	PDYN	PLTR	Difference
Sharpe ratio: Return per unit of total volatility	-0.21	-0.25	+0.04
Sortino ratio: Return per unit of downside risk	0.44	-0.02	+0.45
Omega ratio: Gain probability vs. loss probability	1.05	1.00	+0.05
Calmar ratio: Return relative to maximum drawdown	-0.33	-0.31	-0.02
Martin ratio: Return relative to average drawdown	-0.50	-0.59	+0.10

PDYN vs. PLTR - Sharpe Ratio Comparison

The current PDYN Sharpe Ratio is -0.21, which is comparable to the PLTR Sharpe Ratio of -0.25. The chart below compares the historical Sharpe Ratios of PDYN and PLTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PDYN vs. PLTR - Drawdown Comparison

The maximum PDYN drawdown since its inception was -99.23%, which is greater than PLTR's maximum drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for PDYN and PLTR.

Drawdown Indicators

	PDYN	PLTR	Difference
Max Drawdown Largest peak-to-trough decline	-99.23%	-84.62%	-14.61%
Max Drawdown (1Y) Largest decline over 1 year	-67.27%	-42.32%	-24.95%
Max Drawdown (3Y) Largest decline over 3 years	-79.70%	-42.32%	-37.38%
Max Drawdown (5Y) Largest decline over 5 years	—	-79.14%	—
Current Drawdown Current decline from peak	-88.71%	-42.32%	-46.39%
Average Drawdown Average peak-to-trough decline	-82.39%	-40.26%	-42.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	44.03%	21.88%	+22.15%

Volatility

PDYN vs. PLTR - Volatility Comparison

Palladyne AI Corp (PDYN) has a higher volatility of 38.89% compared to Palantir Technologies Inc. (PLTR) at 19.10%. This indicates that PDYN's price experiences larger fluctuations and is considered to be riskier than PLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PDYN	PLTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	38.89%	19.10%	+19.79%
Volatility (6M) Calculated over the trailing 6-month period	78.54%	38.87%	+39.67%
Volatility (1Y) Calculated over the trailing 1-year period	104.78%	51.54%	+53.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	141.28%	65.60%	+75.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	141.28%	69.74%	+71.54%

Dividends

PDYN vs. PLTR - Dividend Comparison

Neither PDYN nor PLTR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both PDYN and PLTR in my portfolio?

PDYN and PLTR have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PDYN or PLTR?

PDYN has higher volatility (38.89%) compared to PLTR (19.10%). In terms of maximum drawdown, PDYN dropped -99.23% vs PLTR's -84.62%.

Which has better risk-adjusted returns?

PDYN currently has the higher Sharpe Ratio (-0.21 vs -0.25), 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.