NUTX vs. OWLT
NUTX (Nutex Health Inc) and OWLT (Owlet, Inc.) are both stocks. Both are in the Healthcare sector — NUTX in Health Information Services, OWLT in Medical Devices. Over the past 3 years, NUTX returned 25.11%/yr vs 17.13%/yr for OWLT. At a 0.11 correlation, their price movements are largely independent.
Performance
NUTX vs. OWLT - Performance Comparison
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Returns By Period
In the year-to-date period, NUTX achieves a -19.31% return, which is significantly higher than OWLT's -69.43% return.
NUTX
- 1D
- 6.24%
- 1M
- -9.74%
- YTD
- -19.31%
- 6M
- 0.82%
- 1Y
- -10.33%
- 3Y*
- 25.11%
- 5Y*
- —
- 10Y*
- —
OWLT
- 1D
- -5.71%
- 1M
- 3.13%
- YTD
- -69.43%
- 6M
- -62.27%
- 1Y
- -16.24%
- 3Y*
- 17.13%
- 5Y*
- -48.71%
- 10Y*
- —
NUTX vs. OWLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
NUTX Nutex Health Inc | -19.31% | 419.47% | 17.37% | -90.53% | -95.25% |
OWLT Owlet, Inc. | -69.43% | 263.82% | -15.72% | -32.54% | -87.98% |
Correlation
The correlation between NUTX and OWLT is 0.06, 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 | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2022 | 0.11 |
Fundamentals
NUTX:
$19.08
OWLT:
-$0.04
NUTX:
0.76
OWLT:
48.86
NUTX:
$879.95M
OWLT:
$107.06M
NUTX:
$417.67M
OWLT:
$54.38M
NUTX:
$275.94M
OWLT:
-$17.58M
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Return for Risk
NUTX vs. OWLT — Risk / Return Rank
NUTX
OWLT
NUTX vs. OWLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nutex Health Inc (NUTX) and Owlet, Inc. (OWLT). 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.
| NUTX | OWLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.05 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | -0.22 | +0.03 |
| Martin ratioReturn relative to average drawdown | -0.34 | -0.45 | +0.11 |
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
| NUTX | OWLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.11 | -0.19 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.45 | -0.52 | +0.07 |
Drawdowns
NUTX vs. OWLT - Drawdown Comparison
The maximum NUTX drawdown since its inception was -99.93%, roughly equal to the maximum OWLT drawdown of -98.14%. Use the drawdown chart below to compare losses from any high point for NUTX and OWLT.
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Drawdown Indicators
| NUTX | OWLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.93% | -98.14% | -1.79% |
Max Drawdown (1Y)Largest decline over 1 year | -54.32% | -72.58% | +18.26% |
Max Drawdown (3Y)Largest decline over 3 years | -94.36% | -72.58% | -21.78% |
Max Drawdown (5Y)Largest decline over 5 years | — | -98.06% | — |
Current DrawdownCurrent decline from peak | -97.79% | -96.72% | -1.07% |
Average DrawdownAverage peak-to-trough decline | -97.27% | -77.92% | -19.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.67% | 36.24% | -3.57% |
Volatility
NUTX vs. OWLT - Volatility Comparison
Nutex Health Inc (NUTX) and Owlet, Inc. (OWLT) have volatilities of 26.07% and 26.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NUTX | OWLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.07% | 26.70% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 67.36% | 71.58% | -4.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 95.95% | 86.51% | +9.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 133.33% | 90.45% | +42.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 133.33% | 85.82% | +47.51% |
Dividends
NUTX vs. OWLT - Dividend Comparison
Neither NUTX nor OWLT has paid dividends to shareholders.
Financials
NUTX vs. OWLT - Financials Comparison
This section allows you to compare key financial metrics between Nutex Health Inc and Owlet, 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
NUTX vs. OWLT - Profitability Comparison
NUTX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nutex Health Inc reported a gross profit of 91.73M and revenue of 216.49M. Therefore, the gross margin over that period was 42.4%.
OWLT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Owlet, Inc. reported a gross profit of 12.20M and revenue of 22.50M. Therefore, the gross margin over that period was 54.2%.
NUTX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nutex Health Inc reported an operating income of 81.27M and revenue of 216.49M, resulting in an operating margin of 37.5%.
OWLT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Owlet, Inc. reported an operating income of -5.60M and revenue of 22.50M, resulting in an operating margin of -24.9%.
NUTX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nutex Health Inc reported a net income of 46.81M and revenue of 216.49M, resulting in a net margin of 21.6%.
OWLT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Owlet, Inc. reported a net income of -4.10M and revenue of 22.50M, resulting in a net margin of -18.2%.
Frequently Asked Questions
NUTX and OWLT have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OWLT has higher volatility (26.70%) compared to NUTX (26.07%). In terms of maximum drawdown, NUTX dropped -99.93% vs OWLT's -98.14%.
NUTX currently has the higher Sharpe Ratio (-0.11 vs -0.19), 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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