ALKS vs. ENVB
ALKS (Alkermes plc) and ENVB (Enveric Biosciences Inc) are both stocks. Both operate in the Biotechnology industry within the Healthcare sector. Over the past 10 years, ALKS returned 0.70%/yr vs -74.86%/yr for ENVB. At a 0.11 correlation, their price movements are largely independent.
Performance
ALKS vs. ENVB - Performance Comparison
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Returns By Period
In the year-to-date period, ALKS achieves a 58.54% return, which is significantly higher than ENVB's -59.23% return. Over the past 10 years, ALKS has outperformed ENVB with an annualized return of 0.70%, while ENVB has yielded a comparatively lower -74.86% annualized return.
ALKS
- 1D
- 0.18%
- 1M
- 18.36%
- YTD
- 58.54%
- 6M
- 57.47%
- 1Y
- 48.71%
- 3Y*
- 11.28%
- 5Y*
- 12.07%
- 10Y*
- 0.70%
ENVB
- 1D
- -3.27%
- 1M
- -34.22%
- YTD
- -59.23%
- 6M
- -72.39%
- 1Y
- -89.81%
- 3Y*
- -87.52%
- 5Y*
- -85.10%
- 10Y*
- -74.86%
ALKS vs. ENVB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALKS Alkermes plc | 58.54% | -2.71% | 3.68% | 6.16% | 12.34% | 16.59% | -2.21% | -30.87% | -46.08% | -1.53% |
ENVB Enveric Biosciences Inc | -59.23% | -94.37% | -72.43% | -37.50% | -95.53% | -37.16% | -34.51% | -48.17% | -94.37% | -52.38% |
Correlation
The correlation between ALKS and ENVB is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.11 |
Fundamentals
ALKS:
$7.37B
ENVB:
$2.24M
ALKS:
$0.91
ENVB:
-$10.60
ALKS:
4.21
ENVB:
0.44
ALKS:
$1.56B
ENVB:
$0.00
ALKS:
$1.02B
ENVB:
-$119.83K
ALKS:
$249.70M
ENVB:
-$8.06M
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Return for Risk
ALKS vs. ENVB — Risk / Return Rank
ALKS
ENVB
ALKS vs. ENVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alkermes plc (ALKS) and Enveric Biosciences Inc (ENVB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ALKS | ENVB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.72 | ||
| Sortino ratioReturn per unit of downside risk | +2.93 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.87 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 2.21 | -0.98 | +3.19 |
| Martin ratioReturn relative to average drawdown | 5.11 | -1.34 | +6.46 |
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Drawdowns
ALKS vs. ENVB - Drawdown Comparison
The maximum ALKS drawdown since its inception was -96.14%, roughly equal to the maximum ENVB drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for ALKS and ENVB.
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Drawdown Indicators
| ALKS | ENVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.14% | -100.00% | +3.86% |
Max Drawdown (1Y)Largest decline over 1 year | -22.20% | -91.49% | +69.29% |
Max Drawdown (3Y)Largest decline over 3 years | -31.58% | -99.81% | +68.23% |
Max Drawdown (5Y)Largest decline over 5 years | -33.18% | -100.00% | +66.82% |
Max Drawdown (10Y)Largest decline over 10 years | -80.58% | -100.00% | +19.42% |
Current DrawdownCurrent decline from peak | -54.76% | -100.00% | +45.24% |
Average DrawdownAverage peak-to-trough decline | -67.23% | -86.07% | +18.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.55% | 66.73% | -57.18% |
Volatility
ALKS vs. ENVB - Volatility Comparison
The current volatility for Alkermes plc (ALKS) is 10.43%, while Enveric Biosciences Inc (ENVB) has a volatility of 21.07%. This indicates that ALKS experiences smaller price fluctuations and is considered to be less risky than ENVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALKS | ENVB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.43% | 21.07% | -10.64% |
Volatility (6M)Calculated over the trailing 6-month period | 30.28% | 105.59% | -75.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.79% | 175.01% | -134.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.33% | 155.96% | -118.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.31% | 164.65% | -123.34% |
Dividends
ALKS vs. ENVB - Dividend Comparison
Neither ALKS nor ENVB has paid dividends to shareholders.
Financials
ALKS vs. ENVB - Financials Comparison
This section allows you to compare key financial metrics between Alkermes plc and Enveric Biosciences Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
ALKS and ENVB have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENVB has higher volatility (21.07%) compared to ALKS (10.43%). In terms of maximum drawdown, ALKS dropped -96.14% vs ENVB's -100.00%.
ALKS currently has the higher Sharpe Ratio (1.20 vs -0.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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