ERAS vs. HSHP
ERAS (Erasca, Inc.) and HSHP (Himalaya Shipping Ltd.) are both stocks. ERAS operates in Biotechnology (Healthcare), while HSHP operates in Marine Shipping (Industrials). Over the past 3 years, ERAS returned 68.63%/yr vs 44.60%/yr for HSHP. At a 0.14 correlation, their price movements are largely independent.
Performance
ERAS vs. HSHP - Performance Comparison
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Returns By Period
In the year-to-date period, ERAS achieves a 277.69% return, which is significantly higher than HSHP's 71.21% return.
ERAS
- 1D
- 0.29%
- 1M
- 37.34%
- YTD
- 277.69%
- 6M
- 290.28%
- 1Y
- 849.32%
- 3Y*
- 68.63%
- 5Y*
- —
- 10Y*
- —
HSHP
- 1D
- 3.05%
- 1M
- -2.31%
- YTD
- 71.21%
- 6M
- 71.96%
- 1Y
- 142.86%
- 3Y*
- 44.60%
- 5Y*
- —
- 10Y*
- —
ERAS vs. HSHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ERAS Erasca, Inc. | 277.69% | 48.21% | 17.84% | -50.58% | -41.20% |
HSHP Himalaya Shipping Ltd. | 71.21% | 96.10% | -23.53% | 37.12% | -1.99% |
Correlation
The correlation between ERAS and HSHP is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2022 | 0.14 |
Fundamentals
ERAS:
$4.28B
HSHP:
$715.11M
ERAS:
-$0.96
HSHP:
$0.63
ERAS:
10.86
HSHP:
4.59
ERAS:
$0.00
HSHP:
$143.50M
ERAS:
-$743.00K
HSHP:
$98.40M
ERAS:
-$279.47M
HSHP:
$101.44M
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Return for Risk
ERAS vs. HSHP — Risk / Return Rank
ERAS
HSHP
ERAS vs. HSHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Erasca, Inc. (ERAS) and Himalaya Shipping Ltd. (HSHP). 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.
| ERAS | HSHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.71 | 1.49 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 13.90 | 9.35 | +4.55 |
| Martin ratioReturn relative to average drawdown | 43.69 | 21.19 | +22.49 |
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Drawdowns
ERAS vs. HSHP - Drawdown Comparison
The maximum ERAS drawdown since its inception was -95.65%, which is greater than HSHP's maximum drawdown of -51.51%. Use the drawdown chart below to compare losses from any high point for ERAS and HSHP.
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Drawdown Indicators
| ERAS | HSHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.65% | -51.51% | -44.14% |
Max Drawdown (1Y)Largest decline over 1 year | -59.46% | -15.57% | -43.89% |
Max Drawdown (3Y)Largest decline over 3 years | -67.68% | -51.51% | -16.17% |
Current DrawdownCurrent decline from peak | -42.28% | -5.38% | -36.90% |
Average DrawdownAverage peak-to-trough decline | -74.66% | -14.76% | -59.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.96% | 6.85% | +12.11% |
Volatility
ERAS vs. HSHP - Volatility Comparison
Erasca, Inc. (ERAS) has a higher volatility of 20.78% compared to Himalaya Shipping Ltd. (HSHP) at 13.10%. This indicates that ERAS's price experiences larger fluctuations and is considered to be riskier than HSHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ERAS | HSHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.78% | 13.10% | +7.68% |
Volatility (6M)Calculated over the trailing 6-month period | 96.05% | 30.50% | +65.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 104.00% | 39.51% | +64.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.41% | 42.51% | +40.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.41% | 42.51% | +40.90% |
Dividends
ERAS vs. HSHP - Dividend Comparison
ERAS has not paid dividends to shareholders, while HSHP's dividend yield for the trailing twelve months is around 3.81%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ERAS Erasca, Inc. | 0.00% | 0.00% | 0.00% |
HSHP Himalaya Shipping Ltd. | 3.81% | 3.57% | 9.88% |
Financials
ERAS vs. HSHP - Financials Comparison
This section allows you to compare key financial metrics between Erasca, Inc. and Himalaya Shipping Ltd.. 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
ERAS and HSHP have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ERAS has higher volatility (20.78%) compared to HSHP (13.10%). In terms of maximum drawdown, ERAS dropped -95.65% vs HSHP's -51.51%.
ERAS currently has the higher Sharpe Ratio (7.95 vs 3.69), 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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