NEON vs. PLSE
NEON (Neonode Inc.) and PLSE (Pulse Biosciences, Inc.) are both stocks. NEON operates in Electronic Components (Technology), while PLSE operates in Medical Instruments & Supplies (Healthcare). Over the past 10 years, NEON returned -23.97%/yr vs 18.93%/yr for PLSE. At a 0.11 correlation, their price movements are largely independent.
Performance
NEON vs. PLSE - Performance Comparison
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Returns By Period
In the year-to-date period, NEON achieves a -41.38% return, which is significantly lower than PLSE's 87.25% return. Over the past 10 years, NEON has underperformed PLSE with an annualized return of -23.97%, while PLSE has yielded a comparatively higher 18.93% annualized return.
NEON
- 1D
- -8.93%
- 1M
- -43.02%
- YTD
- -41.38%
- 6M
- -50.00%
- 1Y
- -95.11%
- 3Y*
- -49.37%
- 5Y*
- -29.84%
- 10Y*
- -23.97%
PLSE
- 1D
- 0.43%
- 1M
- -0.70%
- YTD
- 87.25%
- 6M
- 69.14%
- 1Y
- 68.04%
- 3Y*
- 58.97%
- 5Y*
- 7.18%
- 10Y*
- 18.93%
NEON vs. PLSE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEON Neonode Inc. | -41.38% | -78.86% | 259.39% | -58.36% | -37.85% | 31.11% | 247.94% | 16.87% | -77.66% | -59.61% |
PLSE Pulse Biosciences, Inc. | 87.25% | -21.14% | 42.24% | 341.88% | -81.30% | -37.93% | 77.93% | 17.02% | -51.44% | 263.08% |
Correlation
The correlation between NEON and PLSE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since May 18, 2016 | 0.11 |
The correlation between NEON and PLSE shifts across timeframes, from 0.11 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
NEON:
$17.12M
PLSE:
$1.74B
NEON:
$0.50
PLSE:
-$1.11
NEON:
7.91
PLSE:
2.31K
NEON:
0.75
PLSE:
26.29
NEON:
$2.16M
PLSE:
$751.00K
NEON:
$1.81M
PLSE:
-$684.00K
NEON:
$7.89M
PLSE:
-$73.79M
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Return for Risk
NEON vs. PLSE — Risk / Return Rank
NEON
PLSE
NEON vs. PLSE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neonode Inc. (NEON) and Pulse Biosciences, Inc. (PLSE). 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.
| NEON | PLSE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.70 | ||
| Sortino ratioReturn per unit of downside risk | -4.23 | ||
| Omega ratioGain probability vs. loss probability | 0.64 | 1.23 | -0.59 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | 1.87 | -2.86 |
| Martin ratioReturn relative to average drawdown | -1.15 | 3.68 | -4.83 |
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Drawdowns
NEON vs. PLSE - Drawdown Comparison
The maximum NEON drawdown since its inception was -99.94%, roughly equal to the maximum PLSE drawdown of -97.22%. Use the drawdown chart below to compare losses from any high point for NEON and PLSE.
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Drawdown Indicators
| NEON | PLSE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.94% | -97.22% | -2.72% |
Max Drawdown (1Y)Largest decline over 1 year | -96.52% | -36.51% | -60.01% |
Max Drawdown (3Y)Largest decline over 3 years | -96.52% | -55.90% | -40.62% |
Max Drawdown (5Y)Largest decline over 5 years | -96.52% | -95.38% | -1.14% |
Max Drawdown (10Y)Largest decline over 10 years | -96.52% | -97.22% | +0.70% |
Current DrawdownCurrent decline from peak | -99.94% | -41.92% | -58.02% |
Average DrawdownAverage peak-to-trough decline | -96.75% | -59.65% | -37.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 82.76% | 18.52% | +64.24% |
Volatility
NEON vs. PLSE - Volatility Comparison
Neonode Inc. (NEON) has a higher volatility of 37.64% compared to Pulse Biosciences, Inc. (PLSE) at 19.65%. This indicates that NEON's price experiences larger fluctuations and is considered to be riskier than PLSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEON | PLSE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 37.64% | 19.65% | +17.99% |
Volatility (6M)Calculated over the trailing 6-month period | 54.22% | 70.95% | -16.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 106.01% | 86.12% | +19.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 108.61% | 98.33% | +10.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 99.33% | 91.88% | +7.45% |
Dividends
NEON vs. PLSE - Dividend Comparison
Neither NEON nor PLSE has paid dividends to shareholders.
Financials
NEON vs. PLSE - Financials Comparison
This section allows you to compare key financial metrics between Neonode Inc. and Pulse Biosciences, 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
Frequently Asked Questions
NEON and PLSE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEON has higher volatility (37.64%) compared to PLSE (19.65%). In terms of maximum drawdown, NEON dropped -99.94% vs PLSE's -97.22%.
PLSE currently has the higher Sharpe Ratio (0.80 vs -0.90), 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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