AVXL vs. HWM
AVXL (Anavex Life Sciences Corp.) and HWM (Howmet Aerospace Inc.) are both stocks. AVXL operates in Biotechnology (Healthcare), while HWM operates in Aerospace & Defense (Industrials). Over the past 10 years, AVXL returned -2.01%/yr vs 32.45%/yr for HWM. Their 0.10 correlation means their historical movements had little consistent relationship.
Performance
AVXL vs. HWM - Performance Comparison
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Returns By Period
In the year-to-date period, AVXL achieves a -22.75% return, which is significantly lower than HWM's 37.81% return. Over the past 10 years, AVXL has underperformed HWM with an annualized return of -2.01%, while HWM has yielded a comparatively higher 32.45% annualized return.
AVXL
- 1D
- 1.85%
- 1M
- -0.36%
- 6M
- -41.49%
- YTD
- -22.75%
- 1Y
- -75.45%
- 3Y*
- -30.38%
- 5Y*
- -31.28%
- 10Y*
- -2.01%
- ALL TIME*
- -5.20%
HWM
- 1D
- 1.80%
- 1M
- 4.38%
- 6M
- 35.79%
- YTD
- 37.81%
- 1Y
- 53.53%
- 3Y*
- 79.79%
- 5Y*
- 54.23%
- 10Y*
- 32.45%
- ALL TIME*
- 7.55%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.44M | $2.45M | $3.31M | |
| $599.78M | $554.88M | $745.10M |
AVXL vs. HWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVXL Anavex Life Sciences Corp. | -22.75% | -66.85% | 15.36% | 0.54% | -46.60% | 221.11% | 108.49% | 66.03% | -51.55% | -18.69% |
HWM Howmet Aerospace Inc. | 37.81% | 87.95% | 102.71% | 37.84% | 24.16% | 11.67% | 21.03% | 83.54% | -37.43% | 48.40% |
Correlation
The correlation between AVXL and HWM is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.24 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.19 |
Correlation (All Time) Calculated using the full available price history since Aug 2, 2006 | 0.10 |
The correlation between AVXL and HWM shifts across timeframes, from 0.10 (all time) to 0.24 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AVXL:
$254.85M
HWM:
$112.93B
AVXL:
-$0.38
HWM:
$4.32
AVXL:
2.09
HWM:
20.60
AVXL:
$0.00
HWM:
$8.62B
AVXL:
$0.00
HWM:
$2.81B
AVXL:
-$32.94M
HWM:
$2.66B
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Return for Risk
AVXL vs. HWM — Risk / Return Rank
AVXL
HWM
AVXL vs. HWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Anavex Life Sciences Corp. (AVXL) and Howmet Aerospace Inc. (HWM). 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.
| AVXL | HWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.76 | ||
| Sortino ratioReturn per unit of downside risk | -4.17 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 1.31 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 3.63 | -4.58 |
| Martin ratioReturn relative to average drawdown | -1.28 | 11.10 | -12.38 |
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Drawdowns
AVXL vs. HWM - Drawdown Comparison
The maximum AVXL drawdown since its inception was -97.06%, which is greater than HWM's maximum drawdown of -88.30%. Use the drawdown chart below to compare losses from any high point for AVXL and HWM.
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Drawdown Indicators
| AVXL | HWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.06% | -88.30% | -8.76% |
Max Drawdown (1Y)Largest decline over 1 year | -79.38% | -15.89% | -63.49% |
Max Drawdown (3Y)Largest decline over 3 years | -82.62% | -19.41% | -63.21% |
Max Drawdown (5Y)Largest decline over 5 years | -89.96% | -20.14% | -69.82% |
Max Drawdown (10Y)Largest decline over 10 years | -91.89% | -64.81% | -27.08% |
Current DrawdownCurrent decline from peak | -90.47% | -2.42% | -88.05% |
Average DrawdownAverage peak-to-trough decline | -65.29% | -30.95% | -34.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 59.23% | 5.18% | +54.05% |
Volatility
AVXL vs. HWM - Volatility Comparison
Anavex Life Sciences Corp. (AVXL) has a higher volatility of 19.94% compared to Howmet Aerospace Inc. (HWM) at 8.39%. This indicates that AVXL's price experiences larger fluctuations and is considered to be riskier than HWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVXL | HWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.94% | 8.39% | +11.55% |
Volatility (6M)Calculated over the trailing 6-month period | 62.12% | 24.95% | +37.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 85.75% | 31.44% | +54.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 79.70% | 32.11% | +47.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.74% | 39.67% | +44.07% |
Dividends
AVXL vs. HWM - Dividend Comparison
AVXL has not paid dividends to shareholders, while HWM's dividend yield for the trailing twelve months is around 0.17%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVXL Anavex Life Sciences Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HWM Howmet Aerospace Inc. | 0.17% | 0.21% | 0.24% | 0.31% | 0.25% | 0.13% | 0.05% | 0.39% | 1.42% | 0.88% | 40.49% | 1.22% |
Financials
AVXL vs. HWM - Financials Comparison
This section allows you to compare key financial metrics between Anavex Life Sciences Corp. and Howmet Aerospace 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
AVXL and HWM have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVXL has higher volatility (19.94%) compared to HWM (8.39%). In terms of maximum drawdown, AVXL dropped -97.06% vs HWM's -88.30%.
HWM currently has the higher Sharpe Ratio (1.88 vs -0.88), 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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