LWAC vs GDEV

Comparison between LightWave Acquisition Corp - Class A (LWAC, Company) and Nexters Inc (GDEV, Company).

LWAC is from the Financial Services sector, while GDEV is from the Communication Services sector.

LWAC vs GDEV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LWAC(COMPANY)	GDEV(COMPANY)
Market Cap	$221M	$220M
Max Drawdown	0.99%	91.37%
Sharpe Ratio	-0.50	0.28
5Y Beta	0.00	0.38
Industry	Shell Companies	Electronic Gaming & Multimedia
P/E Ratio	49.41	3.09
Forward P/E	N/A	2.71
PEG Ratio	N/A	0.04
Debt to Equity	0.00%	-1.20%
Free Cash Flow Yield	-0.27%	14.28%
P/S Ratio	N/A	0.54
P/B Ratio	1.43	N/A

Market Cap

Winner

LWAC

$221M

GDEV

$220M

Max Drawdown

Winner

LWAC

0.99%

GDEV

91.37%

Sharpe Ratio

LWAC

-0.50

Winner

GDEV

0.28

5Y Beta

Winner

LWAC

0.00

GDEV

0.38

Industry

LWAC

Shell Companies

GDEV

Electronic Gaming & Multimedia

P/E Ratio

LWAC

49.41

Winner

GDEV

3.09

Forward P/E

LWAC

N/A

GDEV

2.71

PEG Ratio

LWAC

N/A

GDEV

0.04

Debt to Equity

LWAC

0.00%

Winner

GDEV

-1.20%

Free Cash Flow Yield

LWAC

-0.27%

Winner

GDEV

14.28%

P/S Ratio

LWAC

N/A

GDEV

0.54

P/B Ratio

LWAC

1.43

GDEV

N/A

LWAC vs GDEV - Historical Returns

Returns include dividend reinvestment.

Period	LWAC	GDEV
1 month	+0.20%	-0.84%
3 months	+0.39%	-30.74%
6 months	+1.69%	-43.49%
1 year	+2.40%	-20.05%
5 years(CAGR)	N/A	-31.31%
Max(CAGR)	+2.57%	-27.44%

Winner

LWAC

+0.20%

GDEV

-0.84%

Winner

LWAC

+0.39%

GDEV

-30.74%

Winner

LWAC

+1.69%

GDEV

-43.49%

Winner

LWAC

+2.40%

GDEV

-20.05%

5Y(CAGR)

LWAC

N/A

GDEV

-31.31%

Max(CAGR)

Winner

LWAC

+2.57%

GDEV

-27.44%

LWAC vs GDEV - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	LWAC	GDEV
2026	+1.99%	-15.98%
2025	+0.40%	-5.71%
2024	N/A	-12.49%
2023	N/A	-65.36%
2022	N/A	-28.23%
2021	N/A	-20.90%
2020	N/A	+4.12%

LWAC vs GDEV Drawdown Comparison

The maximum drawdown for LWAC was -0.99%, occurring on Dec 15, 2025. Recovery took 84 trading sessions.

The maximum drawdown for GDEV was -89.53%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The current LWAC drawdown is -0.49%. The current GDEV drawdown is -86.13%.

Rank	LWAC	GDEV
#1	-0.99% Nov 14, 2025 - Mar 19, 2026	-89.53% Jan 26, 2021 - Apr 8, 2025
#2	-0.60% Aug 22, 2025 - Oct 9, 2025	-1.65% Dec 23, 2020 - Jan 11, 2021
#3	-0.58% Jun 15, 2026 - Jul 2, 2026	-1.44% Oct 5, 2020 - Nov 6, 2020
#4	-0.49% Jul 6, 2026 - Jul 20, 2026	-1.26% Jan 14, 2021 - Jan 25, 2021
#5	-0.40% Oct 9, 2025 - Oct 20, 2025	-1.23% Nov 6, 2020 - Nov 19, 2020
#6	-0.39% Mar 20, 2026 - Mar 24, 2026	-1.02% Nov 19, 2020 - Dec 1, 2020
#7	-0.39% Mar 24, 2026 - May 29, 2026	-1.01% Dec 7, 2020 - Dec 16, 2020
#8	-0.25% Aug 15, 2025 - Aug 22, 2025	-0.80% Dec 17, 2020 - Dec 22, 2020
#9	-0.20% Oct 21, 2025 - Oct 31, 2025	-0.68% Jan 11, 2021 - Jan 14, 2021
#10	-0.10% Nov 5, 2025 - Nov 11, 2025	-0.61% Dec 1, 2020 - Dec 7, 2020
#11	-0.10% May 29, 2026 - Jun 15, 2026	N/A

Correlation

Correlation between LWAC and GDEV is -0.66 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.66

-101