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NBR vs. PTN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NBR and PTN is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

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.

-100.00%-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%JulyAugustSeptemberOctoberNovemberDecember
-70.54%
-100.00%
NBR
PTN

Key characteristics

Sharpe Ratio

NBR:

-0.65

PTN:

-0.54

Sortino Ratio

NBR:

-0.75

PTN:

-0.33

Omega Ratio

NBR:

0.92

PTN:

0.96

Calmar Ratio

NBR:

-0.37

PTN:

-0.61

Martin Ratio

NBR:

-1.68

PTN:

-0.91

Ulcer Index

NBR:

21.72%

PTN:

66.54%

Daily Std Dev

NBR:

56.09%

PTN:

113.40%

Max Drawdown

NBR:

-99.51%

PTN:

-100.00%

Current Drawdown

NBR:

-97.41%

PTN:

-100.00%

Fundamentals

Market Cap

NBR:

$571.44M

PTN:

$16.23M

EPS

NBR:

-$23.97

PTN:

-$1.98

PEG Ratio

NBR:

-0.68

PTN:

0.00

Total Revenue (TTM)

NBR:

$2.93B

PTN:

$2.38M

Gross Profit (TTM)

NBR:

$554.04M

PTN:

$1.94M

EBITDA (TTM)

NBR:

$855.15M

PTN:

-$31.84M

Returns By Period

In the year-to-date period, NBR achieves a -34.13% return, which is significantly higher than PTN's -75.68% return. Over the past 10 years, NBR has outperformed PTN with an annualized return of -20.64%, while PTN has yielded a comparatively lower -24.85% annualized return.


NBR

YTD

-34.13%

1M

-25.88%

6M

-20.21%

1Y

-37.02%

5Y*

-18.09%

10Y*

-20.64%

PTN

YTD

-75.68%

1M

5.87%

6M

-48.79%

1Y

-62.19%

5Y*

-44.92%

10Y*

-24.85%

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Risk-Adjusted Performance

NBR vs. PTN - Risk-Adjusted Performance 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.


Sharpe ratio
The chart of Sharpe ratio for NBR, currently valued at -0.65, compared to the broader market-4.00-2.000.002.00-0.65-0.54
The chart of Sortino ratio for NBR, currently valued at -0.75, compared to the broader market-4.00-2.000.002.004.00-0.75-0.33
The chart of Omega ratio for NBR, currently valued at 0.92, compared to the broader market0.501.001.502.000.920.96
The chart of Calmar ratio for NBR, currently valued at -0.37, compared to the broader market0.002.004.006.00-0.37-0.61
The chart of Martin ratio for NBR, currently valued at -1.68, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.68-0.91
NBR
PTN

The current NBR Sharpe Ratio is -0.65, which is comparable to the PTN Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of NBR and PTN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.80-0.60-0.40-0.200.00JulyAugustSeptemberOctoberNovemberDecember
-0.65
-0.54
NBR
PTN

Dividends

NBR vs. PTN - Dividend Comparison

Neither NBR nor PTN has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
NBR
Nabors Industries Ltd.
0.00%0.00%0.00%0.00%0.86%1.39%12.00%3.51%1.46%2.82%1.54%0.94%
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%

Drawdowns

NBR vs. PTN - Drawdown Comparison

The maximum NBR drawdown since its inception was -99.51%, roughly equal to the maximum PTN drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for NBR and PTN. For additional features, visit the drawdowns tool.


-100.00%-99.00%-98.00%-97.00%-96.00%-95.00%JulyAugustSeptemberOctoberNovemberDecember
-97.41%
-100.00%
NBR
PTN

Volatility

NBR vs. PTN - Volatility Comparison

The current volatility for Nabors Industries Ltd. (NBR) is 11.69%, while Palatin Technologies, Inc. (PTN) has a volatility of 31.07%. This indicates that NBR experiences smaller price fluctuations and is considered to be less risky than PTN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
11.69%
31.07%
NBR
PTN

Financials

NBR vs. PTN - Financials Comparison

This section allows you to compare key financial metrics between Nabors Industries Ltd. and Palatin Technologies, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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