Correlation
The correlation between IOVA and ATAI is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
IOVA vs. ATAI
Compare and contrast key facts about Iovance Biotherapeutics, Inc. (IOVA) and Atai Life Sciences N.V. (ATAI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IOVA or ATAI.
Performance
IOVA vs. ATAI - Performance Comparison
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Key characteristics
IOVA:
-0.92
ATAI:
0.42
IOVA:
-1.83
ATAI:
1.32
IOVA:
0.76
ATAI:
1.15
IOVA:
-0.83
ATAI:
0.41
IOVA:
-1.80
ATAI:
1.39
IOVA:
45.46%
ATAI:
28.10%
IOVA:
87.66%
ATAI:
90.17%
IOVA:
-99.37%
ATAI:
-94.77%
IOVA:
-98.90%
ATAI:
-88.39%
Fundamentals
IOVA:
$584.38M
ATAI:
$465.79M
IOVA:
-$1.22
ATAI:
-$0.91
IOVA:
2.75
ATAI:
250.02
IOVA:
0.76
ATAI:
3.04
IOVA:
$212.68M
ATAI:
$1.86M
IOVA:
$40.83M
ATAI:
$1.64M
IOVA:
-$365.16M
ATAI:
-$145.32M
Returns By Period
In the year-to-date period, IOVA achieves a -76.35% return, which is significantly lower than ATAI's 73.68% return.
IOVA
-76.35%
-47.45%
-81.22%
-80.29%
-36.24%
-44.11%
-16.58%
ATAI
73.68%
57.14%
29.78%
47.13%
-16.59%
N/A
N/A
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Risk-Adjusted Performance
IOVA vs. ATAI — Risk-Adjusted Performance Rank
IOVA
ATAI
IOVA vs. ATAI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Iovance Biotherapeutics, Inc. (IOVA) and Atai Life Sciences N.V. (ATAI). 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.
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Dividends
IOVA vs. ATAI - Dividend Comparison
Neither IOVA nor ATAI has paid dividends to shareholders.
Drawdowns
IOVA vs. ATAI - Drawdown Comparison
The maximum IOVA drawdown since its inception was -99.37%, roughly equal to the maximum ATAI drawdown of -94.77%. Use the drawdown chart below to compare losses from any high point for IOVA and ATAI.
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Volatility
IOVA vs. ATAI - Volatility Comparison
Iovance Biotherapeutics, Inc. (IOVA) has a higher volatility of 64.51% compared to Atai Life Sciences N.V. (ATAI) at 23.96%. This indicates that IOVA's price experiences larger fluctuations and is considered to be riskier than ATAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
IOVA vs. ATAI - Financials Comparison
This section allows you to compare key financial metrics between Iovance Biotherapeutics, Inc. and Atai Life Sciences N.V.. 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