INHD vs. CETX

Last updated Jun 24, 2026

INHD (Inno Holdings Inc. Common Stock) and CETX (Cemtrex Inc) are both stocks. INHD operates in Steel (Basic Materials), while CETX operates in Software - Infrastructure (Technology). Over the past year, INHD returned -94.08% vs -97.42% for CETX. At a 0.12 correlation, their price movements are largely independent.

Performance

INHD vs. CETX - Performance Comparison

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

Returns By Period

In the year-to-date period, INHD achieves a 73.20% return, which is significantly higher than CETX's -84.90% return.

INHD

• 1D: 0.00%
• 1M: 2,891.67%
• YTD: 73.20%
• 6M: 35.24%
• 1Y: -94.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CETX

• 1D: 2.09%
• 1M: -58.05%
• YTD: -84.90%
• 6M: -84.17%
• 1Y: -97.42%
• 3Y*: -95.50%
• 5Y*: -89.22%
• 10Y*: -75.55%

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

INHD vs. CETX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
INHD Inno Holdings Inc. Common Stock	73.20%	-98.99%	-67.33%	-86.29%
CETX Cemtrex Inc	-84.90%	-94.03%	-98.35%	-10.85%

Correlation

The correlation between INHD and CETX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (All Time) Calculated using the full available price history since Dec 14, 2023	0.12

The correlation between INHD and CETX shifts across timeframes, from 0.12 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap INHD : $322.89M CETX : $40.03M
EPS INHD : -$0.90 CETX : -$7.85
PS Ratio INHD : 38.28 CETX : 0.19
PB Ratio INHD : 6.90 CETX : 1.15
Total Revenue (TTM) INHD : $4.56M CETX : $69.69M
Gross Profit (TTM) INHD : $94.23K CETX : $25.53M
EBITDA (TTM) INHD : -$3.81M CETX : -$10.17M

Return for Risk

INHD vs. CETX — Risk / Return Rank

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

INHD

INHD Risk / Return Rank: 53
INHD Sharpe Ratio Rank: 41
INHD Sortino Ratio Rank: 100
INHD Omega Ratio Rank: 100
INHD Calmar Ratio Rank: 5
INHD Martin Ratio Rank: 19

CETX

CETX Risk / Return Rank: 9
CETX Sharpe Ratio Rank: 21
CETX Sortino Ratio Rank: 3
CETX Omega Ratio Rank: 5
CETX Calmar Ratio Rank: 1
CETX 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.

INHD vs. CETX - Risk-Adjusted Trends Comparison

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

	INHD	CETX	Difference
Sharpe ratio: Return per unit of total volatility	-0.03	-0.49	+0.47
Sortino ratio: Return per unit of downside risk	22.54	-1.95	+24.48
Omega ratio: Gain probability vs. loss probability	3.95	0.78	+3.17
Calmar ratio: Return relative to maximum drawdown	-0.94	-0.99	+0.05
Martin ratio: Return relative to average drawdown	-1.11	-1.25	+0.14

INHD vs. CETX - Sharpe Ratio Comparison

The current INHD Sharpe Ratio is -0.03, which is higher than the CETX Sharpe Ratio of -0.49. The chart below compares the historical Sharpe Ratios of INHD and CETX, 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

INHD vs. CETX - Drawdown Comparison

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

Drawdown Indicators

	INHD	CETX	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-100.00%	0.00%
Max Drawdown (1Y) Largest decline over 1 year	-99.98%	-98.11%	-1.87%
Max Drawdown (3Y) Largest decline over 3 years	—	-99.99%	—
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	-99.94%	-100.00%	+0.06%
Average Drawdown Average peak-to-trough decline	-96.86%	-83.32%	-13.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	84.58%	77.53%	+7.05%

Volatility

INHD vs. CETX - Volatility Comparison

Inno Holdings Inc. Common Stock (INHD) has a higher volatility of 364.96% compared to Cemtrex Inc (CETX) at 48.88%. This indicates that INHD's price experiences larger fluctuations and is considered to be riskier than CETX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INHD	CETX	Difference
Volatility (1M) Calculated over the trailing 1-month period	364.96%	48.88%	+316.08%
Volatility (6M) Calculated over the trailing 6-month period	389.07%	111.85%	+277.22%
Volatility (1Y) Calculated over the trailing 1-year period	3,676.33%	198.14%	+3,478.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2,326.00%	1,279.47%	+1,046.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2,326.00%	909.12%	+1,416.88%

Dividends

INHD vs. CETX - Dividend Comparison

Neither INHD nor CETX 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 INHD and CETX in my portfolio?

INHD and CETX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INHD or CETX?

INHD has higher volatility (364.96%) compared to CETX (48.88%). In terms of maximum drawdown, INHD dropped -100.00% vs CETX's -100.00%.

Which has better risk-adjusted returns?

INHD currently has the higher Sharpe Ratio (-0.03 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.