OWLT vs. AMLX
OWLT (Owlet, Inc.) and AMLX (Amylyx Pharmaceuticals, Inc.) are both stocks. Both are in the Healthcare sector — OWLT in Medical Devices, AMLX in Biotechnology. Over the past 3 years, OWLT returned 3.07%/yr vs -10.79%/yr for AMLX. At a 0.14 correlation, their price movements are largely independent.
Performance
OWLT vs. AMLX - Performance Comparison
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Returns By Period
In the year-to-date period, OWLT achieves a -67.39% return, which is significantly lower than AMLX's 35.51% return.
OWLT
- 1D
- 3.94%
- 1M
- -8.81%
- YTD
- -67.39%
- 6M
- -63.33%
- 1Y
- -29.03%
- 3Y*
- 3.07%
- 5Y*
- -48.05%
- 10Y*
- —
AMLX
- 1D
- 0.55%
- 1M
- 20.54%
- YTD
- 35.51%
- 6M
- 32.98%
- 1Y
- 226.10%
- 3Y*
- -10.79%
- 5Y*
- —
- 10Y*
- —
OWLT vs. AMLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
OWLT Owlet, Inc. | -67.39% | 263.82% | -15.72% | -32.54% | -79.14% |
AMLX Amylyx Pharmaceuticals, Inc. | 35.51% | 219.58% | -74.32% | -60.16% | 75.95% |
Correlation
The correlation between OWLT and AMLX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jan 7, 2022 | 0.14 |
Fundamentals
OWLT:
$19.18B
AMLX:
$1.81B
OWLT:
-$0.04
AMLX:
-$1.55
OWLT:
1.30K
AMLX:
6.63
OWLT:
$107.06M
AMLX:
$0.00
OWLT:
$54.38M
AMLX:
-$20.10M
OWLT:
-$17.58M
AMLX:
-$150.30M
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Return for Risk
OWLT vs. AMLX — Risk / Return Rank
OWLT
AMLX
OWLT vs. AMLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Owlet, Inc. (OWLT) and Amylyx Pharmaceuticals, Inc. (AMLX). 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.
| OWLT | AMLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.72 | ||
| Sortino ratioReturn per unit of downside risk | -3.80 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.44 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | 7.44 | -7.84 |
| Martin ratioReturn relative to average drawdown | -0.73 | 15.93 | -16.66 |
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Drawdowns
OWLT vs. AMLX - Drawdown Comparison
The maximum OWLT drawdown since its inception was -98.14%, roughly equal to the maximum AMLX drawdown of -96.04%. Use the drawdown chart below to compare losses from any high point for OWLT and AMLX.
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Drawdown Indicators
| OWLT | AMLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.14% | -96.04% | -2.10% |
Max Drawdown (1Y)Largest decline over 1 year | -73.12% | -30.61% | -42.51% |
Max Drawdown (3Y)Largest decline over 3 years | -73.12% | -93.09% | +19.97% |
Max Drawdown (5Y)Largest decline over 5 years | -98.06% | — | — |
Current DrawdownCurrent decline from peak | -96.50% | -60.00% | -36.50% |
Average DrawdownAverage peak-to-trough decline | -78.05% | -59.40% | -18.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.67% | 14.27% | +25.40% |
Volatility
OWLT vs. AMLX - Volatility Comparison
Owlet, Inc. (OWLT) has a higher volatility of 19.54% compared to Amylyx Pharmaceuticals, Inc. (AMLX) at 16.37%. This indicates that OWLT's price experiences larger fluctuations and is considered to be riskier than AMLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OWLT | AMLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.54% | 16.37% | +3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 69.57% | 43.21% | +26.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 86.68% | 67.26% | +19.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.73% | 91.43% | -0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.62% | 91.43% | -5.81% |
Dividends
OWLT vs. AMLX - Dividend Comparison
Neither OWLT nor AMLX has paid dividends to shareholders.
Financials
OWLT vs. AMLX - Financials Comparison
This section allows you to compare key financial metrics between Owlet, Inc. and Amylyx Pharmaceuticals, 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
OWLT and AMLX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OWLT has higher volatility (19.54%) compared to AMLX (16.37%). In terms of maximum drawdown, OWLT dropped -98.14% vs AMLX's -96.04%.
AMLX currently has the higher Sharpe Ratio (3.39 vs -0.34), 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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