CADL vs. MDIA

Last updated Jun 23, 2026

CADL (Candel Therapeutics, Inc.) and MDIA (MediaCo Holding Inc.) are both stocks. CADL operates in Biotechnology (Healthcare), while MDIA operates in Broadcasting (Communication Services). Over the past 3 years, CADL returned 86.97%/yr vs -11.27%/yr for MDIA. At a 0.04 correlation, their price movements are largely independent.

Performance

CADL vs. MDIA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Candel Therapeutics, Inc. (CADL) and MediaCo Holding Inc. (MDIA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CADL achieves a 61.95% return, which is significantly higher than MDIA's 37.93% return.

CADL

• 1D: 10.11%
• 1M: 14.52%
• YTD: 61.95%
• 6M: 54.04%
• 1Y: 92.63%
• 3Y*: 86.97%
• 5Y*: —
• 10Y*: —

MDIA

• 1D: 5.18%
• 1M: -11.44%
• YTD: 37.93%
• 6M: 26.40%
• 1Y: -25.23%
• 3Y*: -11.27%
• 5Y*: -27.19%
• 10Y*: —

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

CADL vs. MDIA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CADL Candel Therapeutics, Inc.	61.95%	-34.91%	490.48%	-17.88%	-77.11%	-2.25%
MDIA MediaCo Holding Inc.	37.93%	-49.12%	165.42%	-62.60%	-78.53%	-10.68%

Correlation

The correlation between CADL and MDIA 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	0.02
Correlation (All Time) Calculated using the full available price history since Jul 27, 2021	0.04

The correlation between CADL and MDIA shifts across timeframes, from -0.09 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CADL : $570.61M MDIA : $63.51M
EPS CADL : -$0.97 MDIA : -$0.83
PB Ratio CADL : 4.13 MDIA : 12.72
Total Revenue (TTM) CADL : $0.00 MDIA : $133.34M
Gross Profit (TTM) CADL : -$600.00K MDIA : $0.00
EBITDA (TTM) CADL : -$71.64M MDIA : -$74.46M

Return for Risk

CADL vs. MDIA — Risk / Return Rank

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

CADL

CADL Risk / Return Rank: 77
CADL Sharpe Ratio Rank: 78
CADL Sortino Ratio Rank: 77
CADL Omega Ratio Rank: 74
CADL Calmar Ratio Rank: 80
CADL Martin Ratio Rank: 74

MDIA

MDIA Risk / Return Rank: 29
MDIA Sharpe Ratio Rank: 27
MDIA Sortino Ratio Rank: 29
MDIA Omega Ratio Rank: 29
MDIA Calmar Ratio Rank: 29
MDIA Martin Ratio Rank: 31

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.

CADL vs. MDIA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Candel Therapeutics, Inc. (CADL) and MediaCo Holding Inc. (MDIA). 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.

	CADL	MDIA	Difference
Sharpe ratio: Return per unit of total volatility	1.27	-0.36	+1.63
Sortino ratio: Return per unit of downside risk	2.07	-0.12	+2.19
Omega ratio: Gain probability vs. loss probability	1.25	0.99	+0.26
Calmar ratio: Return relative to maximum drawdown	2.51	-0.40	+2.91
Martin ratio: Return relative to average drawdown	4.52	-0.63	+5.15

CADL vs. MDIA - Sharpe Ratio Comparison

The current CADL Sharpe Ratio is 1.27, which is higher than the MDIA Sharpe Ratio of -0.36. The chart below compares the historical Sharpe Ratios of CADL and MDIA, 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

CADL vs. MDIA - Drawdown Comparison

The maximum CADL drawdown since its inception was -94.33%, roughly equal to the maximum MDIA drawdown of -97.56%. Use the drawdown chart below to compare losses from any high point for CADL and MDIA.

Drawdown Indicators

	CADL	MDIA	Difference
Max Drawdown Largest peak-to-trough decline	-94.33%	-97.56%	+3.23%
Max Drawdown (1Y) Largest decline over 1 year	-37.04%	-63.27%	+26.23%
Max Drawdown (3Y) Largest decline over 3 years	-72.86%	-90.16%	+17.30%
Max Drawdown (5Y) Largest decline over 5 years	—	-97.56%	—
Current Drawdown Current decline from peak	-34.64%	-95.29%	+60.65%
Average Drawdown Average peak-to-trough decline	-62.57%	-80.34%	+17.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.57%	40.15%	-19.58%

Volatility

CADL vs. MDIA - Volatility Comparison

The current volatility for Candel Therapeutics, Inc. (CADL) is 18.78%, while MediaCo Holding Inc. (MDIA) has a volatility of 26.72%. This indicates that CADL experiences smaller price fluctuations and is considered to be less risky than MDIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CADL	MDIA	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.78%	26.72%	-7.94%
Volatility (6M) Calculated over the trailing 6-month period	52.74%	50.05%	+2.69%
Volatility (1Y) Calculated over the trailing 1-year period	73.67%	70.36%	+3.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	166.61%	205.31%	-38.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	166.61%	248.32%	-81.71%

Dividends

CADL vs. MDIA - Dividend Comparison

Neither CADL nor MDIA has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both CADL and MDIA in my portfolio?

CADL and MDIA 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.

Which is riskier, CADL or MDIA?

MDIA has higher volatility (26.72%) compared to CADL (18.78%). In terms of maximum drawdown, CADL dropped -94.33% vs MDIA's -97.56%.

Which has better risk-adjusted returns?

CADL currently has the higher Sharpe Ratio (1.27 vs -0.36), 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.