FRD vs LWACW
Comparison between Friedman Industries Inc (FRD, Company) and LightWave Acquisition Corp - Warrants (06/06/2030) (LWACW, Company).
FRD vs LWACW - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
FRD
$178M
LWACW
$178M
Max Drawdown
FRD
76.01%
Winner
LWACW
45.24%
Sharpe Ratio
Winner
FRD
1.51
LWACW
0.98
5Y Beta
FRD
0.59
Winner
LWACW
-0.92
Industry
FRD
Steel
LWACW
N/A
P/E Ratio
FRD
19.44
LWACW
N/A
Forward P/E
FRD
14.43
LWACW
N/A
PEG Ratio
FRD
0.45
LWACW
N/A
Dividend Yield
FRD
0.63%
LWACW
N/A
5Y Dividends CAGR
FRD
20.11%
LWACW
N/A
5Y EPS CAGR
FRD
7.36%
LWACW
N/A
Debt to Equity
FRD
0.00%
LWACW
N/A
Free Cash Flow Yield
FRD
-4.19%
LWACW
N/A
P/S Ratio
FRD
0.31
LWACW
N/A
P/B Ratio
FRD
1.27
LWACW
N/A
FRD vs LWACW - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FRD
+61.41%
LWACW
+12.99%
3M
Winner
FRD
+104.39%
LWACW
+4.00%
6M
Winner
FRD
+70.80%
LWACW
-3.70%
1Y
Winner
FRD
+105.98%
LWACW
+52.94%
5Y(CAGR)
FRD
+21.88%
LWACW
N/A
10Y(CAGR)
FRD
+20.51%
LWACW
N/A
Max(CAGR)
FRD
+12.34%
Winner
LWACW
+67.46%
FRD vs LWACW - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | FRD | LWACW |
|---|---|---|
| 2026 | +72.23% | -3.67% |
| 2025 | +38.85% | +58.82% |
| 2024 | -0.20% | N/A |
| 2023 | +61.47% | N/A |
| 2022 | +5.66% | N/A |
| 2021 | +40.15% | N/A |
| 2020 | +15.14% | N/A |
| 2019 | -16.60% | N/A |
| 2018 | +31.35% | N/A |
| 2017 | -12.98% | N/A |
| 2016 | +20.23% | N/A |
| 2015 | -21.29% | N/A |
| 2014 | -16.73% | N/A |
| 2013 | -14.27% | N/A |
| 2012 | +5.67% | N/A |
| 2011 | +27.26% | N/A |
| 2010 | +59.26% | N/A |
| 2009 | -10.86% | N/A |
| 2008 | +12.99% | N/A |
| 2007 | -44.31% | N/A |
| 2006 | +112.42% | N/A |
| 2005 | -43.58% | N/A |
| 2004 | +236.60% | N/A |
| 2003 | +40.68% | N/A |
| 2002 | -0.04% | N/A |
| 2001 | -12.12% | N/A |
| 2000 | -9.09% | N/A |
| 1999 | -3.57% | N/A |
FRD vs LWACW Drawdown Comparison
The maximum drawdown for FRD was -70.30%, occurring on Mar 6, 2009. Recovery took 1618 trading sessions.
The maximum drawdown for LWACW was -45.24%, occurring on May 19, 2026. This drawdown has not yet recovered.
The current LWACW drawdown is -21.21%.
| Rank | FRD | LWACW |
|---|---|---|
| #1 | -70.30% Feb 9, 2005 - Jul 14, 2011 | -45.24% Jan 28, 2026 - May 19, 2026 |
| #2 | -65.08% Aug 14, 2018 - May 20, 2021 | -38.18% Aug 18, 2025 - Oct 9, 2025 |
| #3 | -60.85% Feb 11, 2013 - Aug 10, 2018 | -25.75% Nov 11, 2025 - Jan 28, 2026 |
| #4 | -53.55% Jun 24, 2021 - Jul 24, 2023 | -13.45% Oct 15, 2025 - Nov 3, 2025 |
| #5 | -46.49% Aug 1, 2023 - Feb 23, 2024 | -9.09% Nov 3, 2025 - Nov 7, 2025 |
| #6 | -42.04% Sep 15, 2000 - Jan 9, 2004 | -0.04% Oct 10, 2025 - Oct 15, 2025 |
| #7 | -37.70% Jul 26, 2011 - Feb 6, 2013 | N/A |
| #8 | -29.96% Apr 26, 2024 - Sep 2, 2025 | N/A |
| #9 | -28.05% Jan 22, 2004 - Jun 16, 2004 | N/A |
| #10 | -25.94% Jul 16, 2004 - Oct 1, 2004 | N/A |
| #11 | -24.77% Sep 19, 2025 - May 26, 2026 | N/A |
| #12 | -24.10% Jan 24, 2000 - Sep 15, 2000 | N/A |
| #13 | -19.68% Dec 27, 2004 - Jan 31, 2005 | N/A |
| #14 | -18.18% Oct 7, 2004 - Nov 17, 2004 | N/A |
| #15 | -13.33% Nov 30, 1999 - Jan 18, 2000 | N/A |
Correlation
Correlation between FRD and LWACW is -0.07 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.07
-101
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