ASRT vs. QTEX

Last updated Aug 1, 2026

ASRT (Assertio Holdings, Inc.) and QTEX (QTREX Quantum Ltd.) are both stocks. ASRT operates in Drug Manufacturers - Specialty & Generic (Healthcare), while QTEX operates in Computer Hardware (Technology). Their 0.14 correlation means their historical movements had little consistent relationship.

Performance

ASRT vs. QTEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Assertio Holdings, Inc. (ASRT) and QTREX Quantum Ltd. (QTEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ASRT

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

QTEX

• 1D: 8.42%
• 1M: -37.06%
• 6M: 20.00%
• YTD: 0.00%
• 1Y: -26.83%
• 3Y*: -13.61%
• 5Y*: -25.49%
• 10Y*: —
• ALL TIME*: -28.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QTEX QTREX Quantum Ltd.	$2.78M	$4.37M	$44.02M

ASRT vs. QTEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ASRT Assertio Holdings, Inc.	159.10%	-30.59%	-18.59%	-75.12%	97.25%	56.83%
QTEX QTREX Quantum Ltd.	-0.00%	-11.76%	-3.77%	-17.83%	-68.99%	-16.80%

Correlation

The correlation between ASRT and QTEX is 0.17, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.17
Correlation (3Y) Balances recent behavior with more history.	0.13
Correlation (5Y) Shows whether the relationship held over a longer period.	0.14
Correlation (All Time) Calculated using the full available price history since Jul 14, 2021	0.14

Fundamentals

Market Cap ASRT : $151.20M QTEX : $39.22M

Return for Risk

ASRT vs. QTEX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ASRT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QTEX

QTEX Risk / Return Rank: 49
QTEX Sharpe Ratio Rank: 38
QTEX Sortino Ratio Rank: 74
QTEX Omega Ratio Rank: 71
QTEX Calmar Ratio Rank: 31
QTEX Martin Ratio Rank: 31

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ASRT vs. QTEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Assertio Holdings, Inc. (ASRT) and QTREX Quantum Ltd. (QTEX). 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.

	ASRT	QTEX	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.13	—
Sortino ratio: Return per unit of downside risk	—	1.70	—
Omega ratio: Gain probability vs. loss probability	—	1.20	—
Calmar ratio: Return relative to maximum drawdown	—	-0.38	—
Martin ratio: Return relative to average drawdown	—	-0.68	—

Drawdowns

Drawdown Indicators

	ASRT	QTEX	Difference
Max Drawdown Largest peak-to-trough decline	—	-96.84%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-77.23%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-86.94%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-96.84%	—
Current Drawdown Current decline from peak	—	-90.62%	—
Average Drawdown Average peak-to-trough decline	—	-81.98%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	43.05%	—

Volatility

Volatility by Period

	ASRT	QTEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	37.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	161.84%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	221.14%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	196.93%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	196.18%	—

Dividends

ASRT vs. QTEX - Dividend Comparison

Neither ASRT nor QTEX has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ASRT and QTEX in my portfolio?

ASRT and QTEX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.