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VWAV vs. PDYN
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

VWAV vs. PDYN - Performance Comparison

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

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Returns By Period

In the year-to-date period, VWAV achieves a -81.43% return, which is significantly lower than PDYN's 22.77% return.


VWAV

1D
-11.34%
1M
-58.45%
6M
-82.34%
YTD
-81.43%
1Y
-78.06%
3Y*
5Y*
10Y*
ALL TIME*
-32.95%

PDYN

1D
0.97%
1M
-10.45%
6M
-19.79%
YTD
22.77%
1Y
-33.96%
3Y*
38.94%
5Y*
10Y*
ALL TIME*
-39.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$3.84M$6.25M$12.44M
$1.73M$1.86M$3.48M

VWAV vs. PDYN - Yearly Performance Comparison


2026 (YTD)2025
VWAV
VisionWave Holdings, Inc.
-81.43%254.79%
PDYN
Palladyne AI Corp
22.77%-52.88%

Correlation

The correlation between VWAV and PDYN is 0.16, which is low. Their historical price movements had little consistent relationship.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.16

Correlation (All Time)
Calculated using the full available price history since Jul 15, 2025

0.17

Fundamentals

Market Cap

VWAV:

$28.37M

PDYN:

$247.09M

EPS

VWAV:

-$1.66

PDYN:

-$0.59

PB Ratio

VWAV:

0.20

PDYN:

3.37

Total Revenue (TTM)

VWAV:

$0.00

PDYN:

$7.07M

Gross Profit (TTM)

VWAV:

$0.00

PDYN:

$2.26M

EBITDA (TTM)

VWAV:

-$11.51M

PDYN:

-$32.20M

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Return for Risk

VWAV vs. PDYN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VWAV
VWAV Risk / Return Rank: 1010
Overall Rank
VWAV Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
VWAV Sortino Ratio Rank: 1111
Sortino Ratio Rank
VWAV Omega Ratio Rank: 1515
Omega Ratio Rank
VWAV Calmar Ratio Rank: 88
Calmar Ratio Rank
VWAV Martin Ratio Rank: 22
Martin Ratio Rank

PDYN
PDYN Risk / Return Rank: 2727
Overall Rank
PDYN Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
PDYN Sortino Ratio Rank: 3333
Sortino Ratio Rank
PDYN Omega Ratio Rank: 3333
Omega Ratio Rank
PDYN Calmar Ratio Rank: 2222
Calmar Ratio Rank
PDYN Martin Ratio Rank: 2121
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VWAV vs. PDYN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VisionWave Holdings, Inc. (VWAV) and Palladyne AI Corp (PDYN). 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.


VWAVPDYNDifference
Sharpe ratioReturn per unit of total volatility

-0.29

Sortino ratioReturn per unit of downside risk

-1.10

Omega ratioGain probability vs. loss probability

0.89

1.00

-0.11

Calmar ratioReturn relative to maximum drawdown

-0.90

-0.61

-0.29

Martin ratioReturn relative to average drawdown

-1.79

-1.02

-0.77

VWAV vs. PDYN - Sharpe Ratio Comparison

The current VWAV Sharpe Ratio is -0.67, which is lower than the PDYN Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of VWAV and PDYN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

VWAV vs. PDYN - Drawdown Comparison

The maximum VWAV drawdown since its inception was -87.87%, smaller than the maximum PDYN drawdown of -99.23%. Use the drawdown chart below to compare losses from any high point for VWAV and PDYN.


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Drawdown Indicators


VWAVPDYNDifference

Max Drawdown

Largest peak-to-trough decline

-87.87%

-99.23%

+11.36%

Max Drawdown (1Y)

Largest decline over 1 year

-87.87%

-59.71%

-28.16%

Max Drawdown (3Y)

Largest decline over 3 years

-76.13%

Current Drawdown

Current decline from peak

-87.87%

-91.27%

+3.40%

Average Drawdown

Average peak-to-trough decline

-37.94%

-82.59%

+44.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

44.07%

35.45%

+8.62%

Volatility

VWAV vs. PDYN - Volatility Comparison

VisionWave Holdings, Inc. (VWAV) has a higher volatility of 29.93% compared to Palladyne AI Corp (PDYN) at 19.27%. This indicates that VWAV's price experiences larger fluctuations and is considered to be riskier than PDYN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VWAVPDYNDifference

Volatility (1M)

Calculated over the trailing 1-month period

29.93%

19.27%

+10.66%

Volatility (6M)

Calculated over the trailing 6-month period

84.03%

72.84%

+11.19%

Volatility (1Y)

Calculated over the trailing 1-year period

118.13%

97.04%

+21.09%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

380.74%

139.99%

+240.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

380.74%

139.99%

+240.75%

Dividends

VWAV vs. PDYN - Dividend Comparison

Neither VWAV nor PDYN has paid dividends to shareholders.


Tickers have no history of dividend payments

Financials

VWAV vs. PDYN - Financials Comparison

This section allows you to compare key financial metrics between VisionWave Holdings, Inc. and Palladyne AI Corp. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items

Frequently Asked Questions


VWAV and PDYN have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VWAV has higher volatility (29.93%) compared to PDYN (19.27%). In terms of maximum drawdown, VWAV dropped -87.87% vs PDYN's -99.23%.

PDYN currently has the higher Sharpe Ratio (-0.37 vs -0.67), 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.

Portfolio Optimizer

Find the right allocation for VWAV and PDYN

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