NWBO vs. RIOT
NWBO (Northwest Biotherapeutics, Inc.) and RIOT (Riot Platforms, Inc.) are both stocks. NWBO operates in Biotechnology (Healthcare), while RIOT operates in Software - Application (Technology). Over the past 10 years, NWBO returned -11.32%/yr vs 24.91%/yr for RIOT. At a 0.07 correlation, their price movements are largely independent.
Performance
NWBO vs. RIOT - Performance Comparison
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Returns By Period
In the year-to-date period, NWBO achieves a -16.85% return, which is significantly lower than RIOT's 126.44% return. Over the past 10 years, NWBO has underperformed RIOT with an annualized return of -11.32%, while RIOT has yielded a comparatively higher 24.91% annualized return.
NWBO
- 1D
- -0.83%
- 1M
- -18.51%
- YTD
- -16.85%
- 6M
- -23.86%
- 1Y
- -26.28%
- 3Y*
- -31.62%
- 5Y*
- -33.92%
- 10Y*
- -11.32%
RIOT
- 1D
- 0.21%
- 1M
- 17.15%
- YTD
- 126.44%
- 6M
- 109.88%
- 1Y
- 209.49%
- 3Y*
- 35.24%
- 5Y*
- -3.35%
- 10Y*
- 24.91%
NWBO vs. RIOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWBO Northwest Biotherapeutics, Inc. | -16.85% | -16.74% | -60.81% | -10.64% | 12.07% | -54.10% | 626.19% | 2.19% | -14.38% | -31.05% |
RIOT Riot Platforms, Inc. | 126.44% | 24.09% | -34.00% | 356.34% | -84.82% | 31.43% | 1,416.96% | -25.83% | -94.68% | 729.34% |
Correlation
The correlation between NWBO and RIOT is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2003 | 0.07 |
Fundamentals
NWBO:
-$0.06
RIOT:
-$2.35
NWBO:
297.41
RIOT:
16.19
NWBO:
$937.00K
RIOT:
$653.27M
NWBO:
$416.00K
RIOT:
$179.76M
NWBO:
-$79.62M
RIOT:
-$482.33M
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Return for Risk
NWBO vs. RIOT — Risk / Return Rank
NWBO
RIOT
NWBO vs. RIOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northwest Biotherapeutics, Inc. (NWBO) and Riot Platforms, Inc. (RIOT). 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.
| NWBO | RIOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.92 | ||
| Sortino ratioReturn per unit of downside risk | -2.99 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.35 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | 4.34 | -4.98 |
| Martin ratioReturn relative to average drawdown | -1.12 | 8.59 | -9.71 |
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Drawdowns
NWBO vs. RIOT - Drawdown Comparison
The maximum NWBO drawdown since its inception was -99.99%, roughly equal to the maximum RIOT drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for NWBO and RIOT.
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Drawdown Indicators
| NWBO | RIOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.99% | -99.98% | -0.01% |
Max Drawdown (1Y)Largest decline over 1 year | -41.54% | -48.57% | +7.03% |
Max Drawdown (3Y)Largest decline over 3 years | -82.16% | -69.00% | -13.16% |
Max Drawdown (5Y)Largest decline over 5 years | -90.29% | -92.55% | +2.26% |
Max Drawdown (10Y)Largest decline over 10 years | -91.93% | -98.32% | +6.39% |
Current DrawdownCurrent decline from peak | -99.99% | -99.10% | -0.89% |
Average DrawdownAverage peak-to-trough decline | -97.15% | -87.85% | -9.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.56% | 24.49% | -0.93% |
Volatility
NWBO vs. RIOT - Volatility Comparison
Northwest Biotherapeutics, Inc. (NWBO) and Riot Platforms, Inc. (RIOT) have volatilities of 17.80% and 18.61%, 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
| NWBO | RIOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.80% | 18.61% | -0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 47.20% | 60.82% | -13.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.36% | 83.62% | -16.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.98% | 93.65% | -11.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 92.88% | 112.18% | -19.30% |
Dividends
NWBO vs. RIOT - Dividend Comparison
Neither NWBO nor RIOT has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
NWBO Northwest Biotherapeutics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RIOT Riot Platforms, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.52% |
Financials
NWBO vs. RIOT - Financials Comparison
This section allows you to compare key financial metrics between Northwest Biotherapeutics, Inc. and Riot Platforms, 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
NWBO and RIOT have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RIOT has higher volatility (18.61%) compared to NWBO (17.80%). In terms of maximum drawdown, NWBO dropped -99.99% vs RIOT's -99.98%.
RIOT currently has the higher Sharpe Ratio (2.52 vs -0.39), 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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