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