MLSS vs. GRDX
MLSS (Milestone Scientific Inc.) and GRDX (GridAI Technologies Corp) are both stocks. Both are in the Healthcare sector — MLSS in Medical Instruments & Supplies, GRDX in Biotechnology. Over the past 5 years, MLSS returned -27.84%/yr vs -86.66%/yr for GRDX. Their 0.10 correlation means their historical movements had little consistent relationship.
Performance
MLSS vs. GRDX - Performance Comparison
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Returns By Period
In the year-to-date period, MLSS achieves a 46.15% return, which is significantly higher than GRDX's -37.77% 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%
GRDX
- 1D
- -4.92%
- 1M
- -34.09%
- 6M
- -7.35%
- YTD
- -37.77%
- 1Y
- 129.94%
- 3Y*
- -54.67%
- 5Y*
- -86.66%
- 10Y*
- —
- ALL TIME*
- -71.49%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $224.19K | $219.18K | $480.69K | |
| $44.91K | $44.83K | $100.13K |
MLSS vs. GRDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MLSS Milestone Scientific Inc. | 46.15% | -71.56% | 39.15% | 43.73% | -76.70% | -2.83% | 52.52% | 319.18% | -71.92% | -15.64% |
GRDX GridAI Technologies Corp | -37.77% | 149.73% | -85.19% | -96.57% | -97.98% | -85.10% | -6.73% | -14.05% | -66.73% | -23.27% |
Correlation
The correlation between MLSS and GRDX 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 (3Y) Balances recent behavior with more history. | 0.08 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2016 | 0.10 |
Fundamentals
MLSS:
$35.29M
GRDX:
$9.75M
MLSS:
-$0.08
GRDX:
-$4.01
MLSS:
3.68
GRDX:
130.77
MLSS:
$8.93M
GRDX:
$36.25K
MLSS:
$6.40M
GRDX:
$0.00
MLSS:
-$6.49M
GRDX:
-$7.19M
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Return for Risk
MLSS vs. GRDX — Risk / Return Rank
MLSS
GRDX
MLSS vs. GRDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Milestone Scientific Inc. (MLSS) and GridAI Technologies Corp (GRDX). 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 | GRDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.99 | ||
| Sortino ratioReturn per unit of downside risk | -1.92 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.24 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | 1.87 | -2.15 |
| Martin ratioReturn relative to average drawdown | -0.38 | 2.96 | -3.35 |
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Drawdowns
MLSS vs. GRDX - Drawdown Comparison
The maximum MLSS drawdown since its inception was -99.77%, roughly equal to the maximum GRDX drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for MLSS and GRDX.
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Drawdown Indicators
| MLSS | GRDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.77% | -100.00% | +0.23% |
Max Drawdown (1Y)Largest decline over 1 year | -62.09% | -64.39% | +2.30% |
Max Drawdown (3Y)Largest decline over 3 years | -81.47% | -97.71% | +16.24% |
Max Drawdown (5Y)Largest decline over 5 years | -90.91% | -100.00% | +9.09% |
Max Drawdown (10Y)Largest decline over 10 years | -94.72% | — | — |
Current DrawdownCurrent decline from peak | -99.53% | -100.00% | +0.47% |
Average DrawdownAverage peak-to-trough decline | -91.22% | -80.11% | -11.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.57% | 40.56% | +4.01% |
Volatility
MLSS vs. GRDX - Volatility Comparison
The current volatility for Milestone Scientific Inc. (MLSS) is 22.51%, while GridAI Technologies Corp (GRDX) has a volatility of 36.03%. This indicates that MLSS experiences smaller price fluctuations and is considered to be less risky than GRDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MLSS | GRDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.51% | 36.03% | -13.52% |
Volatility (6M)Calculated over the trailing 6-month period | 63.50% | 84.48% | -20.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 87.83% | 151.76% | -63.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.54% | 141.01% | -56.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 87.65% | 118.57% | -30.92% |
Dividends
MLSS vs. GRDX - Dividend Comparison
Neither MLSS nor GRDX has paid dividends to shareholders.
Financials
MLSS vs. GRDX - Financials Comparison
This section allows you to compare key financial metrics between Milestone Scientific Inc. and GridAI Technologies Corp. 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
MLSS and GRDX 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.
GRDX has higher volatility (36.03%) compared to MLSS (22.51%). In terms of maximum drawdown, MLSS dropped -99.77% vs GRDX's -100.00%.
GRDX currently has the higher Sharpe Ratio (0.79 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.
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