ARA.TO vs. ERAS
ARA.TO (Aclara Resources Inc.) and ERAS (Erasca, Inc.) are both stocks. ARA.TO operates in Other Industrial Metals & Mining (Basic Materials), while ERAS operates in Biotechnology (Healthcare). Over the past 3 years, ARA.TO returned 110.60%/yr vs 71.16%/yr for ERAS. At a 0.08 correlation, their price movements are largely independent.
Performance
ARA.TO vs. ERAS - Performance Comparison
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Different Trading Currencies
ARA.TO is traded in CAD, while ERAS is traded in USD. To make them comparable, the ERAS values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ARA.TO achieves a 103.24% return, which is significantly lower than ERAS's 285.35% return.
ARA.TO
- 1D
- 3.54%
- 1M
- -2.66%
- YTD
- 103.24%
- 6M
- 100.46%
- 1Y
- 330.39%
- 3Y*
- 110.60%
- 5Y*
- —
- 10Y*
- —
ERAS
- 1D
- 0.47%
- 1M
- 39.83%
- YTD
- 285.35%
- 6M
- 295.85%
- 1Y
- 875.57%
- 3Y*
- 71.16%
- 5Y*
- —
- 10Y*
- —
ARA.TO vs. ERAS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ARA.TO Aclara Resources Inc. | 103.24% | 380.00% | -10.00% | 56.25% | -77.78% | -19.55% |
ERAS Erasca, Inc. | 285.35% | 41.44% | 27.82% | -51.76% | -70.58% | 12.98% |
Correlation
The correlation between ARA.TO and ERAS is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2021 | 0.08 |
Fundamentals
ARA.TO:
CA$968.23M
ERAS:
$4.28B
ARA.TO:
-$0.05
ERAS:
-$0.96
ARA.TO:
4.56
ERAS:
10.86
ARA.TO:
$0.00
ERAS:
$0.00
ARA.TO:
-$1.03M
ERAS:
-$743.00K
ARA.TO:
-$9.35M
ERAS:
-$279.47M
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Return for Risk
ARA.TO vs. ERAS — Risk / Return Rank
ARA.TO
ERAS
ARA.TO vs. ERAS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aclara Resources Inc. (ARA.TO) and Erasca, Inc. (ERAS). 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.
| ARA.TO | ERAS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.77 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.72 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 6.95 | 14.26 | -7.31 |
| Martin ratioReturn relative to average drawdown | 14.68 | 45.30 | -30.62 |
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Drawdowns
ARA.TO vs. ERAS - Drawdown Comparison
The maximum ARA.TO drawdown since its inception was -86.03%, smaller than the maximum ERAS drawdown of -95.17%. Use the drawdown chart below to compare losses from any high point for ARA.TO and ERAS.
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Drawdown Indicators
| ARA.TO | ERAS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.03% | -95.17% | +9.14% |
Max Drawdown (1Y)Largest decline over 1 year | -53.93% | -59.43% | +5.50% |
Max Drawdown (3Y)Largest decline over 3 years | -53.93% | -67.27% | +13.34% |
Current DrawdownCurrent decline from peak | -15.90% | -36.10% | +20.20% |
Average DrawdownAverage peak-to-trough decline | -59.96% | -73.56% | +13.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.49% | 18.76% | +6.73% |
Volatility
ARA.TO vs. ERAS - Volatility Comparison
Aclara Resources Inc. (ARA.TO) has a higher volatility of 22.76% compared to Erasca, Inc. (ERAS) at 20.59%. This indicates that ARA.TO's price experiences larger fluctuations and is considered to be riskier than ERAS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARA.TO | ERAS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.76% | 20.59% | +2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 63.51% | 96.39% | -32.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 111.82% | 104.17% | +7.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 91.59% | 83.87% | +7.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 91.59% | 83.87% | +7.72% |
Dividends
ARA.TO vs. ERAS - Dividend Comparison
Neither ARA.TO nor ERAS has paid dividends to shareholders.
Financials
ARA.TO vs. ERAS - Financials Comparison
This section allows you to compare key financial metrics between Aclara Resources Inc. and Erasca, 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
ARA.TO and ERAS have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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