NBIX vs. BA
NBIX (Neurocrine Biosciences, Inc.) and BA (The Boeing Company) are both stocks. NBIX operates in Drug Manufacturers - Specialty & Generic (Healthcare), while BA operates in Aerospace & Defense (Industrials). Over the past 10 years, NBIX returned 12.92%/yr vs 6.08%/yr for BA. At a 0.22 correlation, their price movements are largely independent.
Performance
NBIX vs. BA - Performance Comparison
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Returns By Period
In the year-to-date period, NBIX achieves a 15.01% return, which is significantly higher than BA's -0.55% return. Over the past 10 years, NBIX has outperformed BA with an annualized return of 12.92%, while BA has yielded a comparatively lower 6.08% annualized return.
NBIX
- 1D
- -0.46%
- 1M
- 7.14%
- YTD
- 15.01%
- 6M
- 5.25%
- 1Y
- 30.09%
- 3Y*
- 20.43%
- 5Y*
- 10.63%
- 10Y*
- 12.92%
BA
- 1D
- 0.22%
- 1M
- -9.03%
- YTD
- -0.55%
- 6M
- 4.68%
- 1Y
- 2.43%
- 3Y*
- -0.21%
- 5Y*
- -2.74%
- 10Y*
- 6.08%
NBIX vs. BA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NBIX Neurocrine Biosciences, Inc. | 15.01% | 3.90% | 3.60% | 10.31% | 40.24% | -11.14% | -10.83% | 50.53% | -7.96% | 100.49% |
BA The Boeing Company | -0.55% | 22.67% | -32.10% | 36.84% | -5.38% | -5.95% | -33.90% | 3.34% | 11.50% | 94.72% |
Correlation
The correlation between NBIX and BA is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since May 24, 1996 | 0.22 |
Fundamentals
NBIX:
$16.87B
BA:
$176.66B
NBIX:
$6.53
BA:
$2.90
NBIX:
24.97
BA:
74.42
NBIX:
0.49
BA:
11.66
NBIX:
5.38
BA:
1.83
NBIX:
4.95
BA:
29.54
NBIX:
$3.10B
BA:
$92.18B
NBIX:
$3.05B
BA:
$4.43B
NBIX:
$881.20M
BA:
$7.13B
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Return for Risk
NBIX vs. BA — Risk / Return Rank
NBIX
BA
NBIX vs. BA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neurocrine Biosciences, Inc. (NBIX) and The Boeing Company (BA). 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.
| NBIX | BA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.89 | ||
| Sortino ratioReturn per unit of downside risk | +1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.04 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.45 | 0.10 | +1.35 |
| Martin ratioReturn relative to average drawdown | 3.18 | 0.22 | +2.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NBIX | BA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 0.08 | +0.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | -0.08 | +0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.15 | +0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.30 | -0.16 |
Drawdowns
NBIX vs. BA - Drawdown Comparison
The maximum NBIX drawdown since its inception was -97.21%, which is greater than BA's maximum drawdown of -89.45%. Use the drawdown chart below to compare losses from any high point for NBIX and BA.
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Drawdown Indicators
| NBIX | BA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.21% | -89.45% | -7.76% |
Max Drawdown (1Y)Largest decline over 1 year | -20.90% | -24.96% | +4.06% |
Max Drawdown (3Y)Largest decline over 3 years | -42.89% | -48.31% | +5.42% |
Max Drawdown (5Y)Largest decline over 5 years | -42.89% | -53.76% | +10.87% |
Max Drawdown (10Y)Largest decline over 10 years | -46.39% | -77.92% | +31.53% |
Current DrawdownCurrent decline from peak | -2.53% | -49.82% | +47.29% |
Average DrawdownAverage peak-to-trough decline | -43.84% | -31.02% | -12.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.49% | 10.91% | -1.42% |
Volatility
NBIX vs. BA - Volatility Comparison
The current volatility for Neurocrine Biosciences, Inc. (NBIX) is 10.20%, while The Boeing Company (BA) has a volatility of 11.06%. This indicates that NBIX experiences smaller price fluctuations and is considered to be less risky than BA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NBIX | BA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.20% | 11.06% | -0.86% |
Volatility (6M)Calculated over the trailing 6-month period | 23.64% | 22.76% | +0.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.24% | 31.87% | -0.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.73% | 36.48% | -3.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.15% | 41.58% | -2.43% |
Dividends
NBIX vs. BA - Dividend Comparison
Neither NBIX nor BA has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA The Boeing Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.96% | 2.52% | 2.12% | 1.93% | 2.80% | 2.52% |
NBIX Neurocrine Biosciences, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NBIX vs. BA - Financials Comparison
This section allows you to compare key financial metrics between Neurocrine Biosciences, Inc. and The Boeing Company. 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
NBIX vs. BA - Profitability Comparison
NBIX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Neurocrine Biosciences, Inc. reported a gross profit of 800.70M and revenue of 814.50M. Therefore, the gross margin over that period was 98.3%.
BA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a gross profit of 2.55B and revenue of 22.22B. Therefore, the gross margin over that period was 11.5%.
NBIX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Neurocrine Biosciences, Inc. reported an operating income of 193.40M and revenue of 814.50M, resulting in an operating margin of 23.7%.
BA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported an operating income of 448.00M and revenue of 22.22B, resulting in an operating margin of 2.0%.
NBIX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Neurocrine Biosciences, Inc. reported a net income of 197.90M and revenue of 814.50M, resulting in a net margin of 24.3%.
BA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a net income of -4.00M and revenue of 22.22B, resulting in a net margin of -0.0%.
Frequently Asked Questions
NBIX and BA have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BA has higher volatility (11.06%) compared to NBIX (10.20%). In terms of maximum drawdown, NBIX dropped -97.21% vs BA's -89.45%.
NBIX currently has the higher Sharpe Ratio (0.97 vs 0.08), 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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