WAVE vs. LSF
WAVE (Eco Wave Power Global AB (publ)) and LSF (Laird Superfood, Inc.) are both stocks. WAVE operates in Utilities - Renewable (Utilities), while LSF operates in Packaged Foods (Consumer Defensive). Over the past 3 years, WAVE returned 64.32%/yr vs 75.15%/yr for LSF. At a 0.08 correlation, their price movements are largely independent.
Performance
WAVE vs. LSF - Performance Comparison
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Returns By Period
In the year-to-date period, WAVE achieves a 51.22% return, which is significantly lower than LSF's 100.90% return.
WAVE
- 1D
- 0.00%
- 1M
- 0.33%
- YTD
- 51.22%
- 6M
- 52.24%
- 1Y
- 91.13%
- 3Y*
- 64.32%
- 5Y*
- —
- 10Y*
- —
LSF
- 1D
- -2.62%
- 1M
- 24.93%
- YTD
- 100.90%
- 6M
- 106.48%
- 1Y
- -28.75%
- 3Y*
- 75.15%
- 5Y*
- -30.85%
- 10Y*
- —
WAVE vs. LSF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WAVE Eco Wave Power Global AB (publ) | 51.22% | -46.92% | 787.10% | -58.34% | -30.95% | -73.06% |
LSF Laird Superfood, Inc. | 100.90% | -71.83% | 765.93% | 8.33% | -93.56% | -56.34% |
Correlation
The correlation between WAVE and LSF is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2021 | 0.08 |
Fundamentals
WAVE:
$51.56M
LSF:
$51.77M
WAVE:
-$0.67
LSF:
-$1.00
WAVE:
1.35K
LSF:
1.50
WAVE:
$38.11K
LSF:
$32.12M
WAVE:
$22.06K
LSF:
$18.64M
WAVE:
-$2.97M
LSF:
-$6.81M
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Return for Risk
WAVE vs. LSF — Risk / Return Rank
WAVE
LSF
WAVE vs. LSF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eco Wave Power Global AB (publ) (WAVE) and Laird Superfood, Inc. (LSF). 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.
| WAVE | LSF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.50 | ||
| Sortino ratioReturn per unit of downside risk | +2.18 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.00 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | -0.40 | +2.14 |
| Martin ratioReturn relative to average drawdown | 3.25 | -0.57 | +3.82 |
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Drawdowns
WAVE vs. LSF - Drawdown Comparison
The maximum WAVE drawdown since its inception was -94.47%, roughly equal to the maximum LSF drawdown of -98.88%. Use the drawdown chart below to compare losses from any high point for WAVE and LSF.
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Drawdown Indicators
| WAVE | LSF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.47% | -98.88% | +4.41% |
Max Drawdown (1Y)Largest decline over 1 year | -52.58% | -72.99% | +20.41% |
Max Drawdown (3Y)Largest decline over 3 years | -70.59% | -79.90% | +9.31% |
Max Drawdown (5Y)Largest decline over 5 years | — | -97.87% | — |
Current DrawdownCurrent decline from peak | -53.01% | -92.29% | +39.28% |
Average DrawdownAverage peak-to-trough decline | -72.05% | -82.58% | +10.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.12% | 50.88% | -22.76% |
Volatility
WAVE vs. LSF - Volatility Comparison
Eco Wave Power Global AB (publ) (WAVE) and Laird Superfood, Inc. (LSF) have volatilities of 23.38% and 22.51%, 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.
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Volatility by Period
| WAVE | LSF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.38% | 22.51% | +0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 53.91% | 60.19% | -6.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 79.98% | 81.03% | -1.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 143.42% | 104.27% | +39.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 143.42% | 101.46% | +41.96% |
Dividends
WAVE vs. LSF - Dividend Comparison
Neither WAVE nor LSF has paid dividends to shareholders.
Financials
WAVE vs. LSF - Financials Comparison
This section allows you to compare key financial metrics between Eco Wave Power Global AB (publ) and Laird Superfood, 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
Frequently Asked Questions
WAVE and LSF have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WAVE has higher volatility (23.38%) compared to LSF (22.51%). In terms of maximum drawdown, WAVE dropped -94.47% vs LSF's -98.88%.
WAVE currently has the higher Sharpe Ratio (1.15 vs -0.36), 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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