MSTR vs. VRNA

Last updated Jun 24, 2026

MSTR (Strategy Inc) and VRNA (Verona Pharma plc) are both stocks. MSTR operates in Software - Application (Technology), while VRNA operates in Biotechnology (Healthcare). At a 0.15 correlation, their price movements are largely independent.

Performance

MSTR vs. VRNA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategy Inc (MSTR) and Verona Pharma plc (VRNA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MSTR

• 1D: -5.13%
• 1M: -35.06%
• YTD: -31.66%
• 6M: -34.23%
• 1Y: -71.72%
• 3Y*: 46.67%
• 5Y*: 12.28%
• 10Y*: 19.62%

VRNA

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSTR vs. VRNA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MSTR Strategy Inc	-31.66%	-47.53%	358.54%	346.15%	-74.00%	40.13%	172.42%	11.65%	-2.70%	-31.97%
VRNA Verona Pharma plc	0.00%	130.21%	133.60%	-23.92%	288.84%	-4.00%	21.74%	-40.41%	-18.71%	-12.07%

Correlation

The correlation between MSTR and VRNA is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since Apr 27, 2017	0.15

The correlation between MSTR and VRNA shifts across timeframes, from 0.00 (1 year) to 0.16 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap MSTR : $34.67B VRNA : $9.72B
EPS MSTR : -$40.19 VRNA : -$0.69
PS Ratio MSTR : 65.10 VRNA : 57.97
PB Ratio MSTR : 0.95 VRNA : 34.92
Total Revenue (TTM) MSTR : $490.47M VRNA : $167.65M
Gross Profit (TTM) MSTR : $334.08M VRNA : $159.52M
EBITDA (TTM) MSTR : $466.93M VRNA : -$40.86M

Return for Risk

MSTR vs. VRNA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MSTR

MSTR Risk / Return Rank: 6
MSTR Sharpe Ratio Rank: 5
MSTR Sortino Ratio Rank: 3
MSTR Omega Ratio Rank: 6
MSTR Calmar Ratio Rank: 5
MSTR Martin Ratio Rank: 11

VRNA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MSTR vs. VRNA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategy Inc (MSTR) and Verona Pharma plc (VRNA). 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.

	MSTR	VRNA	Difference
Sharpe ratio: Return per unit of total volatility	-1.00	—	—
Sortino ratio: Return per unit of downside risk	-1.94	—	—
Omega ratio: Gain probability vs. loss probability	0.80	—	—
Calmar ratio: Return relative to maximum drawdown	-0.93	—	—
Martin ratio: Return relative to average drawdown	-1.32	—	—

Drawdowns

Drawdown Indicators

	MSTR	VRNA	Difference
Max Drawdown Largest peak-to-trough decline	-99.86%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-77.22%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-78.08%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-84.11%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-89.27%	—	—
Current Drawdown Current decline from peak	-78.08%	—	—
Average Drawdown Average peak-to-trough decline	-86.44%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	54.24%	—	—

Volatility

Volatility by Period

	MSTR	VRNA	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.01%	—	—
Volatility (6M) Calculated over the trailing 6-month period	57.60%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	72.03%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	90.57%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.91%	—	—

Dividends

MSTR vs. VRNA - Dividend Comparison

Neither MSTR nor VRNA has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both MSTR and VRNA in my portfolio?

MSTR and VRNA have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.