OWLT vs. NUTX
OWLT (Owlet, Inc.) and NUTX (Nutex Health Inc) are both stocks. Both are in the Healthcare sector — OWLT in Medical Devices, NUTX in Health Information Services. Over the past 3 years, OWLT returned 2.74%/yr vs 34.96%/yr for NUTX. Their 0.12 correlation means their historical movements had little consistent relationship.
Performance
OWLT vs. NUTX - Performance Comparison
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Returns By Period
In the year-to-date period, OWLT achieves a -68.25% return, which is significantly lower than NUTX's -10.44% return.
OWLT
- 1D
- -2.10%
- 1M
- -10.76%
- 6M
- -57.42%
- YTD
- -68.25%
- 1Y
- -30.45%
- 3Y*
- 2.74%
- 5Y*
- -48.27%
- 10Y*
- —
- ALL TIME*
- -43.61%
NUTX
- 1D
- -0.86%
- 1M
- -24.98%
- 6M
- -0.91%
- YTD
- -10.44%
- 1Y
- 75.51%
- 3Y*
- 34.96%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -42.12%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
NUTX Nutex Health Inc | $17.86M | $21.25M | $20.00M |
OWLT Owlet, Inc. | $548.75K | $782.41K | $1.12M |
OWLT vs. NUTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
OWLT Owlet, Inc. | -68.25% | 263.82% | -15.72% | -32.54% | -88.28% |
NUTX Nutex Health Inc | -10.44% | 419.47% | 17.37% | -90.53% | -81.82% |
Correlation
The correlation between OWLT and NUTX is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.16 |
Correlation (3Y) Balances recent behavior with more history. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2022 | 0.12 |
Fundamentals
OWLT:
$93.01M
NUTX:
$1.01B
OWLT:
-$0.03
NUTX:
$20.14
OWLT:
67.40
NUTX:
0.80
OWLT:
$107.06M
NUTX:
$879.95M
OWLT:
$54.38M
NUTX:
$417.67M
OWLT:
-$17.58M
NUTX:
$275.94M
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Return for Risk
OWLT vs. NUTX — Risk / Return Rank
OWLT
NUTX
OWLT vs. NUTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Owlet, Inc. (OWLT) and Nutex Health Inc (NUTX). 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 | NUTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.16 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.20 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.41 | 1.37 | -1.77 |
| Martin ratioReturn relative to average drawdown | -0.66 | 2.68 | -3.35 |
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Drawdowns
OWLT vs. NUTX - Drawdown Comparison
The maximum OWLT drawdown since its inception was -98.14%, roughly equal to the maximum NUTX drawdown of -99.93%. Use the drawdown chart below to compare losses from any high point for OWLT and NUTX.
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Drawdown Indicators
| OWLT | NUTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.14% | -99.93% | +1.79% |
Max Drawdown (1Y)Largest decline over 1 year | -73.12% | -54.32% | -18.80% |
Max Drawdown (3Y)Largest decline over 3 years | -73.12% | -92.39% | +19.27% |
Max Drawdown (5Y)Largest decline over 5 years | -98.06% | — | — |
Current DrawdownCurrent decline from peak | -96.59% | -97.54% | +0.95% |
Average DrawdownAverage peak-to-trough decline | -78.39% | -97.19% | +18.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.86% | 27.59% | +17.27% |
Volatility
OWLT vs. NUTX - Volatility Comparison
Owlet, Inc. (OWLT) and Nutex Health Inc (NUTX) have volatilities of 16.53% and 15.79%, 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
| OWLT | NUTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.53% | 15.79% | +0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 69.77% | 60.57% | +9.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 86.18% | 91.11% | -4.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.68% | 189.30% | -98.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.24% | 189.30% | -104.06% |
Dividends
OWLT vs. NUTX - Dividend Comparison
Neither OWLT nor NUTX has paid dividends to shareholders.
Financials
OWLT vs. NUTX - Financials Comparison
This section allows you to compare key financial metrics between Owlet, Inc. and Nutex Health 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
OWLT vs. NUTX - Profitability Comparison
OWLT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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 - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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 - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Owlet, Inc. reported an operating income of -5.60M and revenue of 22.50M, resulting in an operating margin of -24.9%.
NUTX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 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 - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Owlet, Inc. reported a net income of -4.10M and revenue of 22.50M, resulting in a net margin of -18.2%.
NUTX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Nutex Health Inc reported a net income of 46.81M and revenue of 216.49M, resulting in a net margin of 21.6%.
Frequently Asked Questions
OWLT and NUTX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OWLT has higher volatility (16.53%) compared to NUTX (15.79%). In terms of maximum drawdown, OWLT dropped -98.14% vs NUTX's -99.93%.
NUTX currently has the higher Sharpe Ratio (0.81 vs -0.35), 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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