HKIT vs RYDE
Comparison between Hitek Global Inc - Class A (HKIT, Company) and Ryde Group Ltd - Class A (RYDE, Company).
Both HKIT and RYDE are from the Technology sector.
HKIT vs RYDE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
HKIT
$4.63M
Winner
RYDE
$4.70M
Max Drawdown
HKIT
99.96%
Winner
RYDE
99.14%
Sharpe Ratio
HKIT
-0.01
Winner
RYDE
1.40
5Y Beta
Winner
HKIT
0.61
RYDE
0.81
Industry
HKIT
Information Technology Services
RYDE
Software - Application
P/E Ratio
HKIT
25.70
Winner
RYDE
-0.34
5Y EPS CAGR
HKIT
-32.74%
RYDE
N/A
Debt to Equity
HKIT
0.00%
RYDE
0.00%
Free Cash Flow Yield
HKIT
-33.18%
RYDE
N/A
P/S Ratio
Winner
HKIT
0.75
RYDE
2.89
P/B Ratio
Winner
HKIT
0.15
RYDE
4.53
HKIT vs RYDE - Historical Returns
Returns include dividend reinvestment.
1M
HKIT
-84.45%
Winner
RYDE
-25.10%
3M
HKIT
-99.81%
Winner
RYDE
+10.18%
6M
HKIT
-99.90%
Winner
RYDE
+97.31%
1Y
HKIT
-99.84%
Winner
RYDE
+63.11%
Max(CAGR)
HKIT
-94.40%
Winner
RYDE
-52.41%
HKIT vs RYDE - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | HKIT | RYDE |
|---|---|---|
| 2026 | -99.91% | +185.05% |
| 2025 | +54.86% | -48.51% |
| 2024 | -11.73% | -88.50% |
HKIT vs RYDE Drawdown Comparison
The maximum drawdown for HKIT was -99.96%, occurring on Jun 9, 2026. This drawdown has not yet recovered.
The maximum drawdown for RYDE was -99.14%, occurring on Jun 17, 2025. This drawdown has not yet recovered.
The current HKIT drawdown is -99.95%. The current RYDE drawdown is -96.40%.
| Rank | HKIT | RYDE |
|---|---|---|
| #1 | -99.96% Nov 10, 2025 - Jun 9, 2026 | -99.14% Sep 10, 2024 - Jun 17, 2025 |
| #2 | -44.57% Mar 13, 2024 - Jun 4, 2024 | -68.82% Mar 11, 2024 - May 8, 2024 |
| #3 | -41.17% Jun 4, 2024 - Sep 11, 2025 | -58.15% May 24, 2024 - Sep 5, 2024 |
| #4 | -15.58% Sep 11, 2025 - Oct 23, 2025 | -17.04% May 9, 2024 - May 24, 2024 |
| #5 | -15.09% Oct 24, 2025 - Nov 10, 2025 | N/A |
| #6 | -8.33% Mar 1, 2024 - Mar 13, 2024 | N/A |
Correlation
Correlation between HKIT and RYDE is 0.12 which considered as a very weak or no correlation - the stocks move independently of each other.
0.12
-101
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