ENLT vs. INBX
ENLT (Enlight Renewable Energy Ltd. Ordinary Shares) and INBX (Inhibrx, Inc.) are both stocks. ENLT operates in Utilities - Renewable (Utilities), while INBX operates in Biotechnology (Healthcare). Over the past year, ENLT returned 382.54% vs 540.30% for INBX. At a 0.14 correlation, their price movements are largely independent.
Performance
ENLT vs. INBX - Performance Comparison
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Returns By Period
In the year-to-date period, ENLT achieves a 109.11% return, which is significantly higher than INBX's 12.82% return.
ENLT
- 1D
- 4.48%
- 1M
- 5.03%
- YTD
- 109.11%
- 6M
- 137.83%
- 1Y
- 382.54%
- 3Y*
- 69.79%
- 5Y*
- —
- 10Y*
- —
INBX
- 1D
- 2.44%
- 1M
- -33.66%
- YTD
- 12.82%
- 6M
- -4.68%
- 1Y
- 540.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ENLT vs. INBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ENLT Enlight Renewable Energy Ltd. Ordinary Shares | 109.11% | 163.61% | 1.68% |
INBX Inhibrx, Inc. | 12.82% | 412.99% | 10.63% |
Correlation
The correlation between ENLT and INBX is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since May 30, 2024 | 0.14 |
Fundamentals
ENLT:
$13.94B
INBX:
$1.39B
ENLT:
$0.68
INBX:
-$8.40
ENLT:
16.15
INBX:
1.06K
ENLT:
$813.08M
INBX:
$1.30M
ENLT:
$446.15M
INBX:
-$508.00K
ENLT:
$670.45M
INBX:
-$117.63M
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Return for Risk
ENLT vs. INBX — Risk / Return Rank
ENLT
INBX
ENLT vs. INBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enlight Renewable Energy Ltd. Ordinary Shares (ENLT) and Inhibrx, Inc. (INBX). 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.
| ENLT | INBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.72 | 1.67 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 21.44 | 14.10 | +7.34 |
| Martin ratioReturn relative to average drawdown | 73.16 | 36.07 | +37.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ENLT | INBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 7.22 | 4.21 | +3.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.49 | 1.51 | -0.02 |
Drawdowns
ENLT vs. INBX - Drawdown Comparison
The maximum ENLT drawdown since its inception was -39.32%, roughly equal to the maximum INBX drawdown of -39.84%. Use the drawdown chart below to compare losses from any high point for ENLT and INBX.
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Drawdown Indicators
| ENLT | INBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.32% | -39.84% | +0.52% |
Max Drawdown (1Y)Largest decline over 1 year | -17.98% | -38.66% | +20.68% |
Max Drawdown (3Y)Largest decline over 3 years | -39.32% | — | — |
Current DrawdownCurrent decline from peak | -11.51% | -37.16% | +25.65% |
Average DrawdownAverage peak-to-trough decline | -11.88% | -16.96% | +5.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.26% | 15.08% | -9.82% |
Volatility
ENLT vs. INBX - Volatility Comparison
The current volatility for Enlight Renewable Energy Ltd. Ordinary Shares (ENLT) is 21.08%, while Inhibrx, Inc. (INBX) has a volatility of 26.07%. This indicates that ENLT experiences smaller price fluctuations and is considered to be less risky than INBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENLT | INBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.08% | 26.07% | -4.99% |
Volatility (6M)Calculated over the trailing 6-month period | 43.80% | 62.17% | -18.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.52% | 129.72% | -76.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.44% | 100.66% | -56.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.44% | 100.66% | -56.22% |
Dividends
ENLT vs. INBX - Dividend Comparison
Neither ENLT nor INBX has paid dividends to shareholders.
Financials
ENLT vs. INBX - Financials Comparison
This section allows you to compare key financial metrics between Enlight Renewable Energy Ltd. Ordinary Shares and Inhibrx, 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
ENLT and INBX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INBX has higher volatility (26.07%) compared to ENLT (21.08%). In terms of maximum drawdown, ENLT dropped -39.32% vs INBX's -39.84%.
ENLT currently has the higher Sharpe Ratio (7.22 vs 4.21), 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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