HCMA vs DWSN

Comparison between HCM III Acquisition Corp. (HCMA, Company) and Dawson Geophysical Company (DWSN, Company).

HCMA is from the Financial Services sector, while DWSN is from the Energy sector.

HCMA vs DWSN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HCMA(COMPANY)	DWSN(COMPANY)
Market Cap	$145M	$144M
Max Drawdown	0.39%	97.56%
Sharpe Ratio	-1.56	1.42
5Y Beta	0.04	1.03
Industry	Shell Companies	Oil & Gas Equipment & Services
P/E Ratio	75.40	30.47
Forward P/E	N/A	3.77
PEG Ratio	N/A	12.17
Debt to Equity	3.48%	0.00%
Free Cash Flow Yield	-0.37%	2.43%
P/S Ratio	N/A	1.37
P/B Ratio	5.68	5.70

Market Cap

Winner

HCMA

$145M

DWSN

$144M

Max Drawdown

Winner

HCMA

0.39%

DWSN

97.56%

Sharpe Ratio

HCMA

-1.56

Winner

DWSN

1.42

5Y Beta

Winner

HCMA

0.04

DWSN

1.03

Industry

HCMA

Shell Companies

DWSN

Oil & Gas Equipment & Services

P/E Ratio

HCMA

75.40

Winner

DWSN

30.47

Forward P/E

HCMA

N/A

DWSN

3.77

PEG Ratio

HCMA

N/A

DWSN

12.17

Debt to Equity

HCMA

3.48%

Winner

DWSN

0.00%

Free Cash Flow Yield

HCMA

-0.37%

Winner

DWSN

2.43%

P/S Ratio

HCMA

N/A

DWSN

1.37

P/B Ratio

Winner

HCMA

5.68

DWSN

5.70

HCMA vs DWSN - Historical Returns

Returns include dividend reinvestment.

Period	HCMA	DWSN
1 month	N/A	+32.66%
3 months	N/A	+7.93%
6 months	N/A	+163.07%
1 year	N/A	+237.96%
5 years(CAGR)	N/A	+15.08%
10 years(CAGR)	N/A	-3.19%
Max(CAGR)	+3.11%	+4.48%

HCMA

N/A

DWSN

+32.66%

HCMA

N/A

DWSN

+7.93%

HCMA

N/A

DWSN

+163.07%

HCMA

N/A

DWSN

+237.96%

5Y(CAGR)

HCMA

N/A

DWSN

+15.08%

10Y(CAGR)

HCMA

N/A

DWSN

-3.19%

Max(CAGR)

HCMA

+3.11%

Winner

DWSN

+4.48%

HCMA vs DWSN - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HCMA	DWSN
2026	+0.13%	+185.80%
2025	N/A	+13.87%
2024	N/A	-8.32%
2023	N/A	-7.58%
2022	N/A	-15.88%
2021	N/A	+11.54%
2020	N/A	-11.67%
2019	N/A	-30.43%
2018	N/A	-30.00%
2017	N/A	-37.72%
2016	N/A	+128.41%
2015	N/A	-49.19%
2014	N/A	-68.00%
2013	N/A	-10.87%
2012	N/A	+23.07%
2011	N/A	+91.94%
2010	N/A	-7.32%
2009	N/A	+80.07%
2008	N/A	-79.00%
2007	N/A	+21.84%
2006	N/A	+20.85%
2005	N/A	+134.48%
2004	N/A	+209.47%
2003	N/A	+1483.54%
2002	N/A	-88.68%
2001	N/A	-50.12%
2000	N/A	-5.55%
1999	N/A	+18.51%

HCMA vs DWSN Drawdown Comparison

The maximum drawdown for HCMA was -0.39%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The maximum drawdown for DWSN was -97.32%, occurring on Apr 1, 2020. This drawdown has not yet recovered.

The current HCMA drawdown is -0.19%. The current DWSN drawdown is -83.00%.

Rank	HCMA	DWSN
#1	-0.39% Jun 1, 2026 - Jun 10, 2026	-97.32% May 2, 2006 - Apr 1, 2020
#2	N/A	-96.38% Mar 13, 2000 - Apr 19, 2004
#3	N/A	-53.33% Dec 6, 1999 - Dec 31, 1999
#4	N/A	-47.69% Aug 3, 2005 - Apr 6, 2006
#5	N/A	-44.83% Nov 9, 1999 - Dec 6, 1999
#6	N/A	-34.00% Jun 25, 2004 - Oct 22, 2004
#7	N/A	-33.34% Feb 22, 2000 - Mar 13, 2000
#8	N/A	-33.33% Jan 3, 2000 - Feb 3, 2000
#9	N/A	-29.57% Mar 22, 2005 - Jun 3, 2005
#10	N/A	-26.34% Apr 19, 2004 - Jun 21, 2004
#11	N/A	-20.00% Feb 14, 2000 - Feb 22, 2000
#12	N/A	-16.67% Jan 19, 2005 - Mar 8, 2005
#13	N/A	-15.79% Nov 1, 2004 - Dec 8, 2004
#14	N/A	-11.11% Nov 1, 1999 - Nov 9, 1999
#15	N/A	-10.98% Jun 27, 2005 - Jul 8, 2005

Correlation

Correlation between HCMA and DWSN is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

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