GRDX vs. MLSS
GRDX (GridAI Technologies Corp) and MLSS (Milestone Scientific Inc.) are both stocks. Both are in the Healthcare sector — GRDX in Biotechnology, MLSS in Medical Instruments & Supplies. Over the past 5 years, GRDX returned -86.33%/yr vs -28.33%/yr for MLSS. At a 0.10 correlation, their price movements are largely independent.
Performance
GRDX vs. MLSS - Performance Comparison
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Returns By Period
In the year-to-date period, GRDX achieves a -3.43% return, which is significantly lower than MLSS's 39.89% return.
GRDX
- 1D
- 8.17%
- 1M
- -14.61%
- 6M
- -3.64%
- YTD
- -3.43%
- 1Y
- 206.12%
- 3Y*
- -62.99%
- 5Y*
- -86.33%
- 10Y*
- —
MLSS
- 1D
- 7.58%
- 1M
- 9.11%
- 6M
- 29.94%
- YTD
- 39.89%
- 1Y
- -42.69%
- 3Y*
- -29.50%
- 5Y*
- -28.33%
- 10Y*
- -18.21%
GRDX vs. MLSS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GRDX GridAI Technologies Corp | -3.43% | 149.73% | -85.19% | -96.57% | -97.98% | -85.10% | -6.73% | -14.05% | -66.73% | -23.27% |
MLSS Milestone Scientific Inc. | 39.89% | -71.56% | 39.15% | 43.73% | -76.70% | -2.83% | 52.52% | 319.18% | -71.92% | -15.64% |
Correlation
The correlation between GRDX and MLSS is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2016 | 0.10 |
Fundamentals
GRDX:
$15.13M
MLSS:
$33.78M
GRDX:
-$4.01
MLSS:
-$0.08
GRDX:
202.92
MLSS:
3.52
GRDX:
$36.25K
MLSS:
$8.93M
GRDX:
$0.00
MLSS:
$6.40M
GRDX:
-$7.19M
MLSS:
-$6.49M
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Return for Risk
GRDX vs. MLSS — Risk / Return Rank
GRDX
MLSS
GRDX vs. MLSS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GridAI Technologies Corp (GRDX) and Milestone Scientific Inc. (MLSS). 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.
| GRDX | MLSS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +3.06 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.96 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 3.25 | -0.68 | +3.94 |
| Martin ratioReturn relative to average drawdown | 5.40 | -0.96 | +6.35 |
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Drawdowns
GRDX vs. MLSS - Drawdown Comparison
The maximum GRDX drawdown since its inception was -100.00%, roughly equal to the maximum MLSS drawdown of -99.77%. Use the drawdown chart below to compare losses from any high point for GRDX and MLSS.
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Drawdown Indicators
| GRDX | MLSS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -99.77% | -0.23% |
Max Drawdown (1Y)Largest decline over 1 year | -64.39% | -63.03% | -1.36% |
Max Drawdown (3Y)Largest decline over 3 years | -98.75% | -81.47% | -17.28% |
Max Drawdown (5Y)Largest decline over 5 years | -100.00% | -90.91% | -9.09% |
Max Drawdown (10Y)Largest decline over 10 years | — | -94.72% | — |
Current DrawdownCurrent decline from peak | -100.00% | -99.55% | -0.45% |
Average DrawdownAverage peak-to-trough decline | -79.99% | -91.21% | +11.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.73% | 45.28% | -6.55% |
Volatility
GRDX vs. MLSS - Volatility Comparison
GridAI Technologies Corp (GRDX) and Milestone Scientific Inc. (MLSS) have volatilities of 25.84% and 25.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRDX | MLSS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.84% | 25.47% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 83.06% | 61.75% | +21.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 148.36% | 88.32% | +60.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 140.53% | 84.94% | +55.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 118.42% | 87.52% | +30.90% |
Dividends
GRDX vs. MLSS - Dividend Comparison
Neither GRDX nor MLSS has paid dividends to shareholders.
Financials
GRDX vs. MLSS - Financials Comparison
This section allows you to compare key financial metrics between GridAI Technologies Corp and Milestone Scientific 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
GRDX and MLSS have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GRDX has higher volatility (25.84%) compared to MLSS (25.47%). In terms of maximum drawdown, GRDX dropped -100.00% vs MLSS's -99.77%.
GRDX currently has the higher Sharpe Ratio (1.42 vs -0.49), 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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