RBBN vs. APLD
RBBN (Ribbon Communications Inc.) and APLD (Applied Digital Corporation) are both stocks. RBBN operates in Telecom Services (Communication Services), while APLD operates in Capital Markets (Financial Services). Over the past 5 years, RBBN returned -16.38%/yr vs 54.74%/yr for APLD. At a 0.16 correlation, their price movements are largely independent.
Performance
RBBN vs. APLD - Performance Comparison
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Returns By Period
In the year-to-date period, RBBN achieves a 8.33% return, which is significantly lower than APLD's 82.34% return.
RBBN
- 1D
- -6.59%
- 1M
- 16.85%
- YTD
- 8.33%
- 6M
- 8.33%
- 1Y
- -18.32%
- 3Y*
- 2.12%
- 5Y*
- -16.38%
- 10Y*
- —
APLD
- 1D
- -6.58%
- 1M
- 25.48%
- YTD
- 82.34%
- 6M
- 52.28%
- 1Y
- 336.20%
- 3Y*
- 69.14%
- 5Y*
- 54.74%
- 10Y*
- 90.24%
RBBN vs. APLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RBBN Ribbon Communications Inc. | 8.33% | -30.77% | 43.45% | 3.94% | -53.88% | -7.77% | 111.61% | -35.68% | -37.65% | -1.78% |
APLD Applied Digital Corporation | 82.34% | 220.94% | 13.35% | 266.30% | -92.68% | 11,789.90% | 389.44% | -34.55% | 64.99% | 2.57% |
Correlation
The correlation between RBBN and APLD is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2017 | 0.16 |
The correlation between RBBN and APLD shifts across timeframes, from 0.16 (all time) to 0.29 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
RBBN:
$548.06M
APLD:
$12.15B
RBBN:
$0.18
APLD:
-$0.72
RBBN:
0.67
APLD:
30.30
RBBN:
1.31
APLD:
7.71
RBBN:
$825.88M
APLD:
$390.57M
RBBN:
$402.24M
APLD:
$124.93M
RBBN:
$29.92M
APLD:
-$154.66M
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Return for Risk
RBBN vs. APLD — Risk / Return Rank
RBBN
APLD
RBBN vs. APLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ribbon Communications Inc. (RBBN) 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.
| RBBN | APLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.38 | ||
| Sortino ratioReturn per unit of downside risk | -3.46 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.38 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 6.73 | -7.07 |
| Martin ratioReturn relative to average drawdown | -0.61 | 15.32 | -15.93 |
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
| RBBN | APLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.31 | 3.06 | -3.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.28 | 0.38 | -0.66 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.40 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.18 | 0.05 | -0.23 |
Drawdowns
RBBN vs. APLD - Drawdown Comparison
The maximum RBBN drawdown since its inception was -83.30%, smaller than the maximum APLD drawdown of -99.70%. Use the drawdown chart below to compare losses from any high point for RBBN and APLD.
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Drawdown Indicators
| RBBN | APLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.30% | -99.70% | +16.40% |
Max Drawdown (1Y)Largest decline over 1 year | -54.12% | -50.31% | -3.81% |
Max Drawdown (3Y)Largest decline over 3 years | -62.06% | -76.66% | +14.60% |
Max Drawdown (5Y)Largest decline over 5 years | -77.45% | -97.10% | +19.65% |
Max Drawdown (10Y)Largest decline over 10 years | — | -97.10% | — |
Current DrawdownCurrent decline from peak | -71.99% | -9.95% | -62.04% |
Average DrawdownAverage peak-to-trough decline | -54.79% | -83.28% | +28.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.17% | 22.07% | +8.10% |
Volatility
RBBN vs. APLD - Volatility Comparison
The current volatility for Ribbon Communications Inc. (RBBN) is 17.68%, while Applied Digital Corporation (APLD) has a volatility of 34.53%. This indicates that RBBN 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
| RBBN | APLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.68% | 34.53% | -16.85% |
Volatility (6M)Calculated over the trailing 6-month period | 51.42% | 79.55% | -28.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.24% | 110.57% | -51.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.88% | 145.02% | -86.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.94% | 295.29% | -237.35% |
Dividends
RBBN vs. APLD - Dividend Comparison
Neither RBBN nor APLD has paid dividends to shareholders.
Financials
RBBN vs. APLD - Financials Comparison
This section allows you to compare key financial metrics between Ribbon Communications 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
RBBN vs. APLD - Profitability Comparison
RBBN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ribbon Communications Inc. reported a gross profit of 69.69M and revenue of 162.61M. Therefore, the gross margin over that period was 42.9%.
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%.
RBBN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ribbon Communications Inc. reported an operating income of -31.70M and revenue of 162.61M, resulting in an operating margin of -19.5%.
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%.
RBBN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ribbon Communications Inc. reported a net income of -34.49M and revenue of 162.61M, resulting in a net margin of -21.2%.
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
RBBN and APLD have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APLD has higher volatility (34.53%) compared to RBBN (17.68%). In terms of maximum drawdown, RBBN dropped -83.30% vs APLD's -99.70%.
APLD currently has the higher Sharpe Ratio (3.06 vs -0.31), 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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