SPPL vs. HSHP
SPPL (SIMPPLE LTD. Ordinary Shares) and HSHP (Himalaya Shipping Ltd.) are both stocks. SPPL operates in Software - Application (Technology), while HSHP operates in Marine Shipping (Industrials). Over the past year, SPPL returned 13.75% vs 125.37% for HSHP. At a 0.02 correlation, their price movements are largely independent.
Performance
SPPL vs. HSHP - Performance Comparison
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Returns By Period
In the year-to-date period, SPPL achieves a -14.35% return, which is significantly lower than HSHP's 67.91% return.
SPPL
- 1D
- 1.11%
- 1M
- 3.12%
- 6M
- 15.19%
- YTD
- -14.35%
- 1Y
- 13.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HSHP
- 1D
- 3.80%
- 1M
- 0.39%
- 6M
- 65.37%
- YTD
- 67.91%
- 1Y
- 125.37%
- 3Y*
- 38.19%
- 5Y*
- —
- 10Y*
- —
SPPL vs. HSHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SPPL SIMPPLE LTD. Ordinary Shares | -14.35% | -46.88% | -83.08% | 20.61% |
HSHP Himalaya Shipping Ltd. | 67.91% | 87.24% | -28.11% | 31.26% |
Correlation
The correlation between SPPL and HSHP is -0.01, 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 | -0.01 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2023 | 0.02 |
Fundamentals
SPPL:
$17.74M
HSHP:
$720.38M
SPPL:
-SGD 1.34
HSHP:
$0.63
SPPL:
3.08
HSHP:
4.93
SPPL:
7.92
HSHP:
4.61
SPPL:
SGD 8.82M
HSHP:
$143.50M
SPPL:
SGD 4.79M
HSHP:
$98.40M
SPPL:
-SGD 7.00M
HSHP:
$101.44M
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Return for Risk
SPPL vs. HSHP — Risk / Return Rank
SPPL
HSHP
SPPL vs. HSHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SIMPPLE LTD. Ordinary Shares (SPPL) and Himalaya Shipping Ltd. (HSHP). 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.
| SPPL | HSHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.21 | ||
| Sortino ratioReturn per unit of downside risk | -2.89 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.44 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.08 | 7.15 | -7.08 |
| Martin ratioReturn relative to average drawdown | 0.13 | 16.97 | -16.84 |
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Drawdowns
SPPL vs. HSHP - Drawdown Comparison
The maximum SPPL drawdown since its inception was -97.62%, which is greater than HSHP's maximum drawdown of -53.89%. Use the drawdown chart below to compare losses from any high point for SPPL and HSHP.
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Drawdown Indicators
| SPPL | HSHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.62% | -53.89% | -43.73% |
Max Drawdown (1Y)Largest decline over 1 year | -72.81% | -18.35% | -54.46% |
Max Drawdown (3Y)Largest decline over 3 years | — | -53.89% | — |
Current DrawdownCurrent decline from peak | -95.18% | -5.91% | -89.27% |
Average DrawdownAverage peak-to-trough decline | -81.62% | -16.22% | -65.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 43.35% | 7.72% | +35.63% |
Volatility
SPPL vs. HSHP - Volatility Comparison
SIMPPLE LTD. Ordinary Shares (SPPL) has a higher volatility of 16.07% compared to Himalaya Shipping Ltd. (HSHP) at 13.60%. This indicates that SPPL's price experiences larger fluctuations and is considered to be riskier than HSHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPPL | HSHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.07% | 13.60% | +2.47% |
Volatility (6M)Calculated over the trailing 6-month period | 65.71% | 32.55% | +33.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 97.67% | 40.42% | +57.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 203.49% | 42.65% | +160.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 203.49% | 42.65% | +160.84% |
Dividends
SPPL vs. HSHP - Dividend Comparison
Neither SPPL nor HSHP has paid dividends to shareholders.
Financials
SPPL vs. HSHP - Financials Comparison
This section allows you to compare key financial metrics between SIMPPLE LTD. Ordinary Shares and Himalaya Shipping Ltd.. 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
SPPL and HSHP have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPPL has higher volatility (16.07%) compared to HSHP (13.60%). In terms of maximum drawdown, SPPL dropped -97.62% vs HSHP's -53.89%.
HSHP currently has the higher Sharpe Ratio (3.27 vs 0.06), 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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