MLYS vs. LASR
MLYS (Mineralys Therapeutics Inc. Common Stock) and LASR (nLIGHT, Inc.) are both stocks. MLYS operates in Biotechnology (Healthcare), while LASR operates in Semiconductors (Technology). Over the past 3 years, MLYS returned 16.73%/yr vs 62.77%/yr for LASR. At a 0.20 correlation, their price movements are largely independent.
Performance
MLYS vs. LASR - Performance Comparison
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Returns By Period
In the year-to-date period, MLYS achieves a -30.09% return, which is significantly lower than LASR's 73.82% return.
MLYS
- 1D
- 3.00%
- 1M
- -15.01%
- YTD
- -30.09%
- 6M
- -32.45%
- 1Y
- 88.20%
- 3Y*
- 16.73%
- 5Y*
- —
- 10Y*
- —
LASR
- 1D
- 0.73%
- 1M
- -16.99%
- YTD
- 73.82%
- 6M
- 70.50%
- 1Y
- 274.71%
- 3Y*
- 62.77%
- 5Y*
- 15.13%
- 10Y*
- —
MLYS vs. LASR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MLYS Mineralys Therapeutics Inc. Common Stock | -30.09% | 194.80% | 43.14% | -59.24% |
LASR nLIGHT, Inc. | 73.82% | 257.58% | -22.30% | 7.74% |
Correlation
The correlation between MLYS and LASR is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2023 | 0.20 |
Fundamentals
MLYS:
$2.10B
LASR:
$3.91B
MLYS:
-$2.03
LASR:
-$0.28
MLYS:
3.29
LASR:
9.11
MLYS:
$0.00
LASR:
$289.84M
MLYS:
-$28.00K
LASR:
$90.68M
MLYS:
-$167.25M
LASR:
-$3.27M
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Return for Risk
MLYS vs. LASR — Risk / Return Rank
MLYS
LASR
MLYS vs. LASR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mineralys Therapeutics Inc. Common Stock (MLYS) and nLIGHT, Inc. (LASR). 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.
| MLYS | LASR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.70 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.44 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.69 | 10.56 | -8.87 |
| Martin ratioReturn relative to average drawdown | 3.10 | 32.80 | -29.70 |
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Drawdowns
MLYS vs. LASR - Drawdown Comparison
The maximum MLYS drawdown since its inception was -71.75%, smaller than the maximum LASR drawdown of -85.66%. Use the drawdown chart below to compare losses from any high point for MLYS and LASR.
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Drawdown Indicators
| MLYS | LASR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.75% | -85.66% | +13.91% |
Max Drawdown (1Y)Largest decline over 1 year | -52.46% | -26.19% | -26.27% |
Max Drawdown (3Y)Largest decline over 3 years | -65.15% | -58.69% | -6.46% |
Max Drawdown (5Y)Largest decline over 5 years | — | -82.47% | — |
Current DrawdownCurrent decline from peak | -46.40% | -23.25% | -23.15% |
Average DrawdownAverage peak-to-trough decline | -36.37% | -52.58% | +16.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.56% | 8.42% | +20.14% |
Volatility
MLYS vs. LASR - Volatility Comparison
The current volatility for Mineralys Therapeutics Inc. Common Stock (MLYS) is 22.12%, while nLIGHT, Inc. (LASR) has a volatility of 24.28%. This indicates that MLYS experiences smaller price fluctuations and is considered to be less risky than LASR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MLYS | LASR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.12% | 24.28% | -2.16% |
Volatility (6M)Calculated over the trailing 6-month period | 44.28% | 60.96% | -16.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 106.21% | 78.44% | +27.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.32% | 65.38% | +17.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.32% | 66.61% | +16.71% |
Dividends
MLYS vs. LASR - Dividend Comparison
Neither MLYS nor LASR has paid dividends to shareholders.
Financials
MLYS vs. LASR - Financials Comparison
This section allows you to compare key financial metrics between Mineralys Therapeutics Inc. Common Stock and nLIGHT, 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
MLYS and LASR have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LASR has higher volatility (24.28%) compared to MLYS (22.12%). In terms of maximum drawdown, MLYS dropped -71.75% vs LASR's -85.66%.
LASR currently has the higher Sharpe Ratio (3.53 vs 0.84), 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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