PLSE vs. NEON
PLSE (Pulse Biosciences, Inc.) and NEON (Neonode Inc.) are both stocks. PLSE operates in Medical Instruments & Supplies (Healthcare), while NEON operates in Electronic Components (Technology). Over the past 10 years, PLSE returned 22.44%/yr vs -24.58%/yr for NEON. Their 0.11 correlation means their historical movements had little consistent relationship.
Performance
PLSE vs. NEON - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PLSE achieves a 155.86% return, which is significantly higher than NEON's -51.60% return. Over the past 10 years, PLSE has outperformed NEON with an annualized return of 22.44%, while NEON has yielded a comparatively lower -24.58% annualized return.
PLSE
- 1D
- 0.26%
- 1M
- 20.29%
- 6M
- 154.01%
- YTD
- 155.86%
- 1Y
- 138.17%
- 3Y*
- 68.45%
- 5Y*
- 11.37%
- 10Y*
- 22.44%
- ALL TIME*
- 23.35%
NEON
- 1D
- 5.55%
- 1M
- -9.14%
- 6M
- -53.48%
- YTD
- -51.60%
- 1Y
- -96.19%
- 3Y*
- -40.85%
- 5Y*
- -31.09%
- 10Y*
- -24.58%
- ALL TIME*
- -32.17%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
NEON Neonode Inc. | $84.16K | $91.78K | $250.61K |
| $15.34M | $10.96M | $10.12M |
PLSE vs. NEON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLSE Pulse Biosciences, Inc. | 155.86% | -21.14% | 42.24% | 341.88% | -81.30% | -37.93% | 77.93% | 17.02% | -51.44% | 263.08% |
NEON Neonode Inc. | -51.60% | -78.86% | 259.39% | -58.36% | -37.85% | 31.11% | 247.94% | 16.87% | -77.66% | -59.61% |
Correlation
The correlation between PLSE and NEON is 0.21, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.21 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.16 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.11 |
Correlation (All Time) Calculated using the full available price history since May 18, 2016 | 0.11 |
The correlation between PLSE and NEON shifts across timeframes, from 0.11 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
PLSE:
$2.43B
NEON:
$14.13M
PLSE:
-$1.10
NEON:
$0.50
PLSE:
3.16K
NEON:
6.53
PLSE:
35.92
NEON:
0.62
PLSE:
$751.00K
NEON:
$2.16M
PLSE:
-$684.00K
NEON:
$1.81M
PLSE:
-$73.79M
NEON:
$7.89M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PLSE vs. NEON — Risk / Return Rank
PLSE
NEON
PLSE vs. NEON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pulse Biosciences, Inc. (PLSE) and Neonode Inc. (NEON). 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.
| PLSE | NEON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.46 | ||
| Sortino ratioReturn per unit of downside risk | +5.20 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.61 | +0.72 |
| Calmar ratioReturn relative to maximum drawdown | 3.69 | -0.99 | +4.68 |
| Martin ratioReturn relative to average drawdown | 7.36 | -1.09 | +8.45 |
Loading charts...
Drawdowns
PLSE vs. NEON - Drawdown Comparison
The maximum PLSE drawdown since its inception was -97.22%, roughly equal to the maximum NEON drawdown of -99.95%. Use the drawdown chart below to compare losses from any high point for PLSE and NEON.
Loading charts...
Drawdown Indicators
| PLSE | NEON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.22% | -99.95% | +2.73% |
Max Drawdown (1Y)Largest decline over 1 year | -36.51% | -97.08% | +60.57% |
Max Drawdown (3Y)Largest decline over 3 years | -54.06% | -97.43% | +43.37% |
Max Drawdown (5Y)Largest decline over 5 years | -95.38% | -97.43% | +2.05% |
Max Drawdown (10Y)Largest decline over 10 years | -97.22% | -97.43% | +0.21% |
Current DrawdownCurrent decline from peak | -20.65% | -99.95% | +79.30% |
Average DrawdownAverage peak-to-trough decline | -59.36% | -96.77% | +37.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.27% | 87.67% | -69.40% |
Volatility
PLSE vs. NEON - Volatility Comparison
The current volatility for Pulse Biosciences, Inc. (PLSE) is 18.97%, while Neonode Inc. (NEON) has a volatility of 23.04%. This indicates that PLSE experiences smaller price fluctuations and is considered to be less risky than NEON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PLSE | NEON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.97% | 23.04% | -4.07% |
Volatility (6M)Calculated over the trailing 6-month period | 71.87% | 59.92% | +11.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 87.43% | 104.76% | -17.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 97.50% | 109.25% | -11.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 92.04% | 99.60% | -7.56% |
Dividends
PLSE vs. NEON - Dividend Comparison
Neither PLSE nor NEON has paid dividends to shareholders.
Financials
PLSE vs. NEON - Financials Comparison
This section allows you to compare key financial metrics between Pulse Biosciences, Inc. and Neonode 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
PLSE and NEON have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEON has higher volatility (23.04%) compared to PLSE (18.97%). In terms of maximum drawdown, PLSE dropped -97.22% vs NEON's -99.95%.
PLSE currently has the higher Sharpe Ratio (1.54 vs -0.92), 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.
Find the right allocation for PLSE and NEON
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer