MLSS vs. FATN

Last updated Aug 1, 2026

MLSS (Milestone Scientific Inc.) and FATN (FatPipe, Inc) are both stocks. MLSS operates in Medical Instruments & Supplies (Healthcare), while FATN operates in Software - Infrastructure (Technology). Over the past year, MLSS returned -7.36% vs 3.58% for FATN. Their 0.03 correlation means their historical movements had little consistent relationship.

Performance

MLSS vs. FATN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Milestone Scientific Inc. (MLSS) and FatPipe, Inc (FATN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MLSS achieves a 46.15% return, which is significantly lower than FATN's 200.99% return.

MLSS

• 1D: 2.02%
• 1M: 16.56%
• 6M: 41.99%
• YTD: 46.15%
• 1Y: -7.36%
• 3Y*: -28.25%
• 5Y*: -27.84%
• 10Y*: -17.58%
• ALL TIME*: -10.98%

FATN

• 1D: 18.75%
• 1M: 1.67%
• 6M: 241.57%
• YTD: 200.99%
• 1Y: 3.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -4.97%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FATN FatPipe, Inc	$555.65K	$467.45K	$1.86M
MLSS Milestone Scientific Inc.	$44.91K	$44.83K	$100.13K

MLSS vs. FATN - Yearly Performance Comparison

	2026 (YTD)	2025
MLSS Milestone Scientific Inc.	46.15%	-68.98%
FATN FatPipe, Inc	200.99%	-68.92%

Correlation

The correlation between MLSS and FATN is 0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.03
Correlation (All Time) Calculated using the full available price history since Apr 8, 2025	0.03

Fundamentals

Market Cap MLSS : $35.29M FATN : $85.27M
EPS MLSS : -$0.08 FATN : $0.39
PS Ratio MLSS : 3.68 FATN : 4.19
Total Revenue (TTM) MLSS : $8.93M FATN : $20.30M
Gross Profit (TTM) MLSS : $6.40M FATN : $17.68M
EBITDA (TTM) MLSS : -$6.49M FATN : $4.11M

Return for Risk

MLSS vs. FATN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MLSS

MLSS Risk / Return Rank: 38
MLSS Sharpe Ratio Rank: 36
MLSS Sortino Ratio Rank: 41
MLSS Omega Ratio Rank: 40
MLSS Calmar Ratio Rank: 35
MLSS Martin Ratio Rank: 37

FATN

FATN Risk / Return Rank: 50
FATN Sharpe Ratio Rank: 42
FATN Sortino Ratio Rank: 63
FATN Omega Ratio Rank: 60
FATN Calmar Ratio Rank: 41
FATN Martin Ratio Rank: 42

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MLSS vs. FATN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Milestone Scientific Inc. (MLSS) and FatPipe, Inc (FATN). 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.

	MLSS	FATN	Difference
Sharpe ratio: Return per unit of total volatility	-0.20	-0.05	-0.15
Sortino ratio: Return per unit of downside risk	0.34	1.20	-0.86
Omega ratio: Gain probability vs. loss probability	1.04	1.14	-0.10
Calmar ratio: Return relative to maximum drawdown	-0.28	-0.09	-0.19
Martin ratio: Return relative to average drawdown	-0.38	-0.12	-0.26

MLSS vs. FATN - Sharpe Ratio Comparison

The current MLSS Sharpe Ratio is -0.20, which is lower than the FATN Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of MLSS and FATN, 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

MLSS vs. FATN - Drawdown Comparison

The maximum MLSS drawdown since its inception was -99.77%, which is greater than FATN's maximum drawdown of -88.85%. Use the drawdown chart below to compare losses from any high point for MLSS and FATN.

Drawdown Indicators

	MLSS	FATN	Difference
Max Drawdown Largest peak-to-trough decline	-99.77%	-88.85%	-10.92%
Max Drawdown (1Y) Largest decline over 1 year	-62.09%	-83.69%	+21.60%
Max Drawdown (3Y) Largest decline over 3 years	-81.47%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-90.91%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-94.72%	—	—
Current Drawdown Current decline from peak	-99.53%	-53.23%	-46.30%
Average Drawdown Average peak-to-trough decline	-91.22%	-60.81%	-30.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	44.57%	58.83%	-14.26%

Volatility

MLSS vs. FATN - Volatility Comparison

The current volatility for Milestone Scientific Inc. (MLSS) is 22.51%, while FatPipe, Inc (FATN) has a volatility of 31.02%. This indicates that MLSS experiences smaller price fluctuations and is considered to be less risky than FATN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MLSS	FATN	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.51%	31.02%	-8.51%
Volatility (6M) Calculated over the trailing 6-month period	63.50%	115.72%	-52.22%
Volatility (1Y) Calculated over the trailing 1-year period	87.83%	150.70%	-62.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	84.54%	178.32%	-93.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	87.65%	178.32%	-90.67%

Dividends

MLSS vs. FATN - Dividend Comparison

Neither MLSS nor FATN has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both MLSS and FATN in my portfolio?

MLSS and FATN have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MLSS or FATN?

FATN has higher volatility (31.02%) compared to MLSS (22.51%). In terms of maximum drawdown, MLSS dropped -99.77% vs FATN's -88.85%.

Which has better risk-adjusted returns?

FATN currently has the higher Sharpe Ratio (-0.05 vs -0.20), 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.