STLD vs. HDSN
Compare and contrast key facts about Steel Dynamics, Inc. (STLD) and Hudson Technologies, Inc. (HDSN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: STLD or HDSN.
Correlation
The correlation between STLD and HDSN is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
STLD vs. HDSN - Performance Comparison
Key characteristics
STLD:
-0.10
HDSN:
-0.94
STLD:
0.14
HDSN:
-1.27
STLD:
1.02
HDSN:
0.83
STLD:
-0.13
HDSN:
-0.53
STLD:
-0.26
HDSN:
-1.22
STLD:
13.89%
HDSN:
34.53%
STLD:
37.74%
HDSN:
44.84%
STLD:
-87.05%
HDSN:
-98.81%
STLD:
-16.81%
HDSN:
-76.15%
Fundamentals
STLD:
$19.09B
HDSN:
$274.28M
STLD:
$7.61
HDSN:
$0.52
STLD:
16.73
HDSN:
11.98
STLD:
10.91
HDSN:
0.29
STLD:
1.11
HDSN:
1.16
STLD:
2.16
HDSN:
1.12
STLD:
$17.22B
HDSN:
$171.87M
STLD:
$2.30B
HDSN:
$44.29M
STLD:
$1.88B
HDSN:
$17.60M
Returns By Period
The year-to-date returns for both stocks are quite close, with STLD having a 12.09% return and HDSN slightly lower at 11.65%. Over the past 10 years, STLD has outperformed HDSN with an annualized return of 21.88%, while HDSN has yielded a comparatively lower 4.11% annualized return.
STLD
12.09%
-0.10%
-0.93%
-3.52%
41.36%
21.88%
HDSN
11.65%
-1.74%
-23.65%
-40.27%
47.86%
4.11%
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Risk-Adjusted Performance
STLD vs. HDSN — Risk-Adjusted Performance Rank
STLD
HDSN
STLD vs. HDSN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Steel Dynamics, Inc. (STLD) and Hudson Technologies, Inc. (HDSN). 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.
Dividends
STLD vs. HDSN - Dividend Comparison
STLD's dividend yield for the trailing twelve months is around 1.48%, while HDSN has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STLD Steel Dynamics, Inc. | 1.48% | 1.61% | 1.44% | 1.39% | 1.68% | 2.71% | 2.82% | 2.50% | 1.44% | 1.57% | 3.08% | 2.33% |
HDSN Hudson Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
STLD vs. HDSN - Drawdown Comparison
The maximum STLD drawdown since its inception was -87.05%, smaller than the maximum HDSN drawdown of -98.81%. Use the drawdown chart below to compare losses from any high point for STLD and HDSN. For additional features, visit the drawdowns tool.
Volatility
STLD vs. HDSN - Volatility Comparison
Steel Dynamics, Inc. (STLD) and Hudson Technologies, Inc. (HDSN) have volatilities of 19.17% and 19.03%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
STLD vs. HDSN - Financials Comparison
This section allows you to compare key financial metrics between Steel Dynamics, Inc. and Hudson Technologies, 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