ATAT vs. DCTH

Last updated Jun 16, 2026

ATAT (Atour Lifestyle Holdings Limited) and DCTH (Delcath Systems, Inc.) are both stocks. ATAT operates in Lodging (Consumer Cyclical), while DCTH operates in Medical Devices (Healthcare). Over the past 3 years, ATAT returned 27.19%/yr vs 23.30%/yr for DCTH. At a 0.12 correlation, their price movements are largely independent.

Performance

ATAT vs. DCTH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Atour Lifestyle Holdings Limited (ATAT) and Delcath Systems, Inc. (DCTH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ATAT achieves a -14.45% return, which is significantly lower than DCTH's 16.73% return.

ATAT

• 1D: -1.95%
• 1M: -11.88%
• YTD: -14.45%
• 6M: -20.58%
• 1Y: 5.24%
• 3Y*: 27.19%
• 5Y*: —
• 10Y*: —

DCTH

• 1D: 0.60%
• 1M: 6.50%
• YTD: 16.73%
• 6M: 16.96%
• 1Y: -23.14%
• 3Y*: 23.30%
• 5Y*: 0.89%
• 10Y*: —

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

ATAT vs. DCTH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ATAT Atour Lifestyle Holdings Limited	-14.45%	49.78%	58.43%	-2.92%	16.26%
DCTH Delcath Systems, Inc.	16.73%	-16.11%	189.42%	15.56%	27.66%

Correlation

The correlation between ATAT and DCTH is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (All Time) Calculated using the full available price history since Nov 11, 2022	0.12

Fundamentals

Market Cap ATAT : $4.60B DCTH : $424.69M
EPS ATAT : CN¥13.15 DCTH : $0.01
PE Ratio ATAT : 17.06 DCTH : 802.74
PS Ratio ATAT : 2.94 DCTH : 6.88
PB Ratio ATAT : 8.45 DCTH : 3.77
Total Revenue (TTM) ATAT : CN¥10.65B DCTH : $65.45M
Gross Profit (TTM) ATAT : CN¥4.63B DCTH : $77.75M
EBITDA (TTM) ATAT : CN¥2.46B DCTH : $222.00K

Return for Risk

ATAT vs. DCTH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ATAT

ATAT Risk / Return Rank: 45
ATAT Sharpe Ratio Rank: 47
ATAT Sortino Ratio Rank: 43
ATAT Omega Ratio Rank: 41
ATAT Calmar Ratio Rank: 48
ATAT Martin Ratio Rank: 48

DCTH

DCTH Risk / Return Rank: 24
DCTH Sharpe Ratio Rank: 21
DCTH Sortino Ratio Rank: 22
DCTH Omega Ratio Rank: 23
DCTH Calmar Ratio Rank: 25
DCTH Martin Ratio Rank: 29

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ATAT vs. DCTH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Atour Lifestyle Holdings Limited (ATAT) and Delcath Systems, Inc. (DCTH). 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.

	ATAT	DCTH	Difference
Sharpe ratio: Return per unit of total volatility	0.14	-0.47	+0.61
Sortino ratio: Return per unit of downside risk	0.48	-0.39	+0.88
Omega ratio: Gain probability vs. loss probability	1.05	0.95	+0.10
Calmar ratio: Return relative to maximum drawdown	0.23	-0.49	+0.72
Martin ratio: Return relative to average drawdown	0.52	-0.71	+1.23

ATAT vs. DCTH - Sharpe Ratio Comparison

The current ATAT Sharpe Ratio is 0.14, which is higher than the DCTH Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of ATAT and DCTH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ATAT vs. DCTH - Drawdown Comparison

The maximum ATAT drawdown since its inception was -46.91%, smaller than the maximum DCTH drawdown of -99.96%. Use the drawdown chart below to compare losses from any high point for ATAT and DCTH.

Drawdown Indicators

	ATAT	DCTH	Difference
Max Drawdown Largest peak-to-trough decline	-46.91%	-99.96%	+53.05%
Max Drawdown (1Y) Largest decline over 1 year	-23.27%	-46.92%	+23.65%
Max Drawdown (3Y) Largest decline over 3 years	-30.96%	-64.23%	+33.27%
Max Drawdown (5Y) Largest decline over 5 years	—	-82.21%	—
Current Drawdown Current decline from peak	-21.42%	-99.81%	+78.39%
Average Drawdown Average peak-to-trough decline	-20.07%	-96.42%	+76.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.20%	32.50%	-22.30%

Volatility

ATAT vs. DCTH - Volatility Comparison

The current volatility for Atour Lifestyle Holdings Limited (ATAT) is 10.85%, while Delcath Systems, Inc. (DCTH) has a volatility of 13.55%. This indicates that ATAT experiences smaller price fluctuations and is considered to be less risky than DCTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ATAT	DCTH	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.85%	13.55%	-2.70%
Volatility (6M) Calculated over the trailing 6-month period	28.27%	32.37%	-4.10%
Volatility (1Y) Calculated over the trailing 1-year period	37.71%	49.83%	-12.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.90%	73.02%	-14.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.90%	109.95%	-51.05%

Dividends

ATAT vs. DCTH - Dividend Comparison

ATAT's dividend yield for the trailing twelve months is around 2.71%, while DCTH has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
ATAT Atour Lifestyle Holdings Limited	2.71%	1.98%	1.67%	0.86%
DCTH Delcath Systems, Inc.	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both ATAT and DCTH in my portfolio?

ATAT and DCTH 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.

Which is riskier, ATAT or DCTH?

DCTH has higher volatility (13.55%) compared to ATAT (10.85%). In terms of maximum drawdown, ATAT dropped -46.91% vs DCTH's -99.96%.

Which has better risk-adjusted returns?

ATAT currently has the higher Sharpe Ratio (0.14 vs -0.47), 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.