NBR vs. PTN

Last updated Jun 4, 2026

NBR (Nabors Industries Ltd.) and PTN (Palatin Technologies, Inc.) are both stocks. NBR operates in Oil & Gas Drilling (Energy), while PTN operates in Biotechnology (Healthcare). At a 0.02 correlation, their price movements are largely independent.

Performance

NBR vs. PTN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nabors Industries Ltd. (NBR) and Palatin Technologies, Inc. (PTN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NBR achieves a 77.31% return, which is significantly higher than PTN's -12.22% return.

NBR

• 1D: 2.01%
• 1M: -7.16%
• YTD: 77.31%
• 6M: 75.28%
• 1Y: 222.33%
• 3Y*: -0.04%
• 5Y*: -4.49%
• 10Y*: -13.26%

PTN

• 1D: -2.88%
• 1M: -32.63%
• YTD: -12.22%
• 6M: -21.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NBR vs. PTN - Yearly Performance Comparison

	2026 (YTD)	2025
NBR Nabors Industries Ltd.	77.31%	12.10%
PTN Palatin Technologies, Inc.	-12.22%	39.31%

Correlation

The correlation between NBR and PTN is 0.02, 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 (All Time) Calculated using the full available price history since Nov 13, 2025	0.02

Fundamentals

Market Cap NBR : $1.37B PTN : $52.81M
EPS NBR : $15.33 PTN : -$2.39
PS Ratio NBR : 0.42 PTN : 3.94
Total Revenue (TTM) NBR : $3.23B PTN : $8.96M
Gross Profit (TTM) NBR : $661.90M PTN : $8.90M
EBITDA (TTM) NBR : $1.31B PTN : -$6.39M

Return for Risk

NBR vs. PTN — Risk / Return Rank

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

NBR

NBR Risk / Return Rank: 95
NBR Sharpe Ratio Rank: 97
NBR Sortino Ratio Rank: 93
NBR Omega Ratio Rank: 91
NBR Calmar Ratio Rank: 97
NBR Martin Ratio Rank: 98

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.

NBR vs. PTN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nabors Industries Ltd. (NBR) and Palatin Technologies, Inc. (PTN). 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.

	NBR	PTN	Difference
Sharpe ratio: Return per unit of total volatility	3.71	—	—
Sortino ratio: Return per unit of downside risk	3.72	—	—
Omega ratio: Gain probability vs. loss probability	1.46	—	—
Calmar ratio: Return relative to maximum drawdown	10.47	—	—
Martin ratio: Return relative to average drawdown	32.08	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NBR	PTN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.71	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.02	0.31	-0.34

Drawdowns

NBR vs. PTN - Drawdown Comparison

The maximum NBR drawdown since its inception was -99.51%, which is greater than PTN's maximum drawdown of -51.79%. Use the drawdown chart below to compare losses from any high point for NBR and PTN.

Drawdown Indicators

	NBR	PTN	Difference
Max Drawdown Largest peak-to-trough decline	-99.51%	-51.79%	-47.72%
Max Drawdown (1Y) Largest decline over 1 year	-21.38%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-82.22%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-87.70%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-98.73%	—	—
Current Drawdown Current decline from peak	-95.36%	-51.79%	-43.57%
Average Drawdown Average peak-to-trough decline	-52.73%	-29.58%	-23.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.97%	—	—

Volatility

Volatility by Period

	NBR	PTN	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	36.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	61.13%	141.99%	-80.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.37%	141.99%	-75.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.09%	141.99%	-59.90%

Dividends

NBR vs. PTN - Dividend Comparison

Neither NBR nor PTN has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NBR Nabors Industries Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.86%	1.39%	12.00%	3.51%	1.46%	2.82%
PTN Palatin Technologies, 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

Frequently Asked Questions

Can I hold both NBR and PTN in my portfolio?

NBR and PTN have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.