CETX vs. INHD

Last updated Jun 3, 2026

CETX (Cemtrex Inc) and INHD (Inno Holdings Inc. Common Stock) are both stocks. CETX operates in Software - Infrastructure (Technology), while INHD operates in Steel (Basic Materials). Over the past year, CETX returned -93.79% vs -99.82% for INHD. At a 0.13 correlation, their price movements are largely independent.

Performance

CETX vs. INHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cemtrex Inc (CETX) and Inno Holdings Inc. Common Stock (INHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CETX achieves a -64.05% return, which is significantly higher than INHD's -94.43% return.

CETX

• 1D: -3.34%
• 1M: -15.36%
• YTD: -64.05%
• 6M: -66.87%
• 1Y: -93.79%
• 3Y*: -98.55%
• 5Y*: -94.31%
• 10Y*: -81.86%

INHD

• 1D: -3.79%
• 1M: -17.53%
• YTD: -94.43%
• 6M: -98.20%
• 1Y: -99.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CETX vs. INHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CETX Cemtrex Inc	-64.05%	-94.03%	-99.97%	-13.43%
INHD Inno Holdings Inc. Common Stock	-94.43%	-98.99%	-67.33%	-89.62%

Correlation

The correlation between CETX and INHD is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (All Time) Calculated using the full available price history since Dec 15, 2023	0.13

The correlation between CETX and INHD shifts across timeframes, from 0.13 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CETX : $9.53M INHD : $10.38M
EPS CETX : -$7.85 INHD : -$0.90
PS Ratio CETX : 0.05 INHD : 1.23
PB Ratio CETX : 0.27 INHD : 0.22
Total Revenue (TTM) CETX : $69.69M INHD : $4.56M
Gross Profit (TTM) CETX : $25.53M INHD : $94.23K
EBITDA (TTM) CETX : -$10.17M INHD : -$3.81M

Return for Risk

CETX vs. INHD — Risk / Return Rank

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

CETX

CETX Risk / Return Rank: 10
CETX Sharpe Ratio Rank: 19
CETX Sortino Ratio Rank: 7
CETX Omega Ratio Rank: 9
CETX Calmar Ratio Rank: 3
CETX Martin Ratio Rank: 12

INHD

INHD Risk / Return Rank: 9
INHD Sharpe Ratio Rank: 27
INHD Sortino Ratio Rank: 2
INHD Omega Ratio Rank: 2
INHD Calmar Ratio Rank: 1
INHD Martin Ratio Rank: 13

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.

CETX vs. INHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cemtrex Inc (CETX) and Inno Holdings Inc. Common Stock (INHD). 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.

	CETX	INHD	Difference
Sharpe ratio Return per unit of total volatility	-0.48	-0.31	-0.17
Sortino ratio Return per unit of downside risk	-1.32	-2.08	+0.76
Omega ratio Gain probability vs. loss probability	0.85	0.73	+0.12
Calmar ratio Return relative to maximum drawdown	-0.96	-1.00	+0.04
Martin ratio Return relative to average drawdown	-1.26	-1.22	-0.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CETX vs. INHD - Sharpe Ratio Comparison

The current CETX Sharpe Ratio is -0.48, which is lower than the INHD Sharpe Ratio of -0.31. The chart below compares the historical Sharpe Ratios of CETX and INHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CETX	INHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.48	-0.31	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.66	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.59	-0.42	-0.17

Drawdowns

CETX vs. INHD - Drawdown Comparison

The maximum CETX drawdown since its inception was -100.00%, roughly equal to the maximum INHD drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for CETX and INHD.

Drawdown Indicators

	CETX	INHD	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-100.00%	0.00%
Max Drawdown (1Y) Largest decline over 1 year	-97.47%	-99.98%	+2.51%
Max Drawdown (3Y) Largest decline over 3 years	-100.00%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-100.00%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-100.00%	—	—
Current Drawdown Current decline from peak	-100.00%	-100.00%	0.00%
Average Drawdown Average peak-to-trough decline	-83.25%	-96.94%	+13.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	74.04%	81.58%	-7.54%

Volatility

CETX vs. INHD - Volatility Comparison

The current volatility for Cemtrex Inc (CETX) is 25.67%, while Inno Holdings Inc. Common Stock (INHD) has a volatility of 37.77%. This indicates that CETX experiences smaller price fluctuations and is considered to be less risky than INHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CETX	INHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.67%	37.77%	-12.10%
Volatility (6M) Calculated over the trailing 6-month period	143.99%	143.30%	+0.69%
Volatility (1Y) Calculated over the trailing 1-year period	194.41%	323.08%	-128.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	142.65%	237.04%	-94.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	139.41%	237.04%	-97.63%

Dividends

CETX vs. INHD - Dividend Comparison

Neither CETX nor INHD has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CETX Cemtrex Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.78%
INHD Inno Holdings Inc. Common Stock	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both CETX and INHD in my portfolio?

CETX and INHD have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CETX or INHD?

INHD has higher volatility (37.77%) compared to CETX (25.67%). In terms of maximum drawdown, CETX dropped -100.00% vs INHD's -100.00%.

Which has better risk-adjusted returns?

INHD currently has the higher Sharpe Ratio (-0.31 vs -0.48), 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.