MNDY vs. HRMY
MNDY (monday.com Ltd.) and HRMY (Harmony Biosciences Holdings, Inc.) are both stocks. MNDY operates in Software - Application (Technology), while HRMY operates in Biotechnology (Healthcare). Over the past 5 years, MNDY returned -17.00%/yr vs 6.14%/yr for HRMY. Their 0.22 correlation means their historical movements had little consistent relationship.
Performance
MNDY vs. HRMY - Performance Comparison
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Returns By Period
In the year-to-date period, MNDY achieves a -40.94% return, which is significantly lower than HRMY's -5.83% return.
MNDY
- 1D
- -1.15%
- 1M
- 9.25%
- 6M
- -24.05%
- YTD
- -40.94%
- 1Y
- -65.22%
- 3Y*
- -21.16%
- 5Y*
- -17.00%
- 10Y*
- —
- ALL TIME*
- -12.51%
HRMY
- 1D
- -1.73%
- 1M
- -5.42%
- 6M
- -3.50%
- YTD
- -5.83%
- 1Y
- 2.44%
- 3Y*
- 1.21%
- 5Y*
- 6.14%
- 10Y*
- —
- ALL TIME*
- -2.10%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $30.21M | $30.03M | $28.08M | |
MNDY monday.com Ltd. | $163.67M | $119.11M | $139.48M |
MNDY vs. HRMY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MNDY monday.com Ltd. | -40.94% | -37.33% | 25.36% | 53.94% | -60.48% | 78.30% |
HRMY Harmony Biosciences Holdings, Inc. | -5.83% | 8.75% | 6.53% | -41.38% | 29.22% | 30.08% |
Correlation
The correlation between MNDY and HRMY is 0.11, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.11 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jun 10, 2021 | 0.22 |
The correlation between MNDY and HRMY shifts across timeframes, from 0.11 (1 year) to 0.23 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MNDY:
$4.42B
HRMY:
$2.04B
MNDY:
$2.31
HRMY:
$2.48
MNDY:
37.74
HRMY:
14.21
MNDY:
0.15
HRMY:
0.14
MNDY:
3.46
HRMY:
2.30
MNDY:
5.61
HRMY:
2.28
MNDY:
$1.30B
HRMY:
$899.11M
MNDY:
$1.16B
HRMY:
$688.25M
MNDY:
$62.24M
HRMY:
$221.74M
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Return for Risk
MNDY vs. HRMY — Risk / Return Rank
MNDY
HRMY
MNDY vs. HRMY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for monday.com Ltd. (MNDY) and Harmony Biosciences Holdings, Inc. (HRMY). 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.
| MNDY | HRMY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.99 | ||
| Sortino ratioReturn per unit of downside risk | -1.89 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 1.04 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | 0.01 | -0.87 |
| Martin ratioReturn relative to average drawdown | -1.20 | 0.01 | -1.21 |
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Drawdowns
MNDY vs. HRMY - Drawdown Comparison
The maximum MNDY drawdown since its inception was -86.78%, which is greater than HRMY's maximum drawdown of -68.48%. Use the drawdown chart below to compare losses from any high point for MNDY and HRMY.
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Drawdown Indicators
| MNDY | HRMY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.78% | -68.48% | -18.30% |
Max Drawdown (1Y)Largest decline over 1 year | -77.25% | -34.49% | -42.76% |
Max Drawdown (3Y)Largest decline over 3 years | -82.07% | -50.81% | -31.26% |
Max Drawdown (5Y)Largest decline over 5 years | -86.78% | -68.48% | -18.30% |
Current DrawdownCurrent decline from peak | -80.40% | -42.14% | -38.26% |
Average DrawdownAverage peak-to-trough decline | -55.02% | -35.42% | -19.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 56.15% | 19.24% | +36.91% |
Volatility
MNDY vs. HRMY - Volatility Comparison
monday.com Ltd. (MNDY) has a higher volatility of 18.12% compared to Harmony Biosciences Holdings, Inc. (HRMY) at 14.79%. This indicates that MNDY's price experiences larger fluctuations and is considered to be riskier than HRMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MNDY | HRMY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.12% | 14.79% | +3.33% |
Volatility (6M)Calculated over the trailing 6-month period | 51.63% | 32.46% | +19.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.90% | 43.31% | +24.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.82% | 50.15% | +21.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.59% | 52.28% | +19.31% |
Dividends
MNDY vs. HRMY - Dividend Comparison
Neither MNDY nor HRMY has paid dividends to shareholders.
Financials
MNDY vs. HRMY - Financials Comparison
This section allows you to compare key financial metrics between monday.com Ltd. and Harmony Biosciences Holdings, 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
MNDY vs. HRMY - Profitability Comparison
MNDY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, monday.com Ltd. reported a gross profit of 313.14M and revenue of 351.27M. Therefore, the gross margin over that period was 89.2%.
HRMY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Harmony Biosciences Holdings, Inc. reported a gross profit of 170.88M and revenue of 215.39M. Therefore, the gross margin over that period was 79.3%.
MNDY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, monday.com Ltd. reported an operating income of 19.75M and revenue of 351.27M, resulting in an operating margin of 5.6%.
HRMY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Harmony Biosciences Holdings, Inc. reported an operating income of 37.29M and revenue of 215.39M, resulting in an operating margin of 17.3%.
MNDY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, monday.com Ltd. reported a net income of 28.03M and revenue of 351.27M, resulting in a net margin of 8.0%.
HRMY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Harmony Biosciences Holdings, Inc. reported a net income of 32.49M and revenue of 215.39M, resulting in a net margin of 15.1%.
Frequently Asked Questions
MNDY and HRMY have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MNDY has higher volatility (18.12%) compared to HRMY (14.79%). In terms of maximum drawdown, MNDY dropped -86.78% vs HRMY's -68.48%.
HRMY currently has the higher Sharpe Ratio (0.00 vs -0.99), 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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