PLSE vs. SE

Last updated Jun 4, 2026

PLSE (Pulse Biosciences, Inc.) and SE (Sea Limited) are both stocks. PLSE operates in Medical Instruments & Supplies (Healthcare), while SE operates in Electronic Gaming & Multimedia (Communication Services). Over the past 5 years, PLSE returned 6.15%/yr vs -19.02%/yr for SE. At a 0.20 correlation, their price movements are largely independent.

Performance

PLSE vs. SE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pulse Biosciences, Inc. (PLSE) and Sea Limited (SE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLSE achieves a 82.01% return, which is significantly higher than SE's -29.87% return.

PLSE

• 1D: 2.92%
• 1M: 24.76%
• YTD: 82.01%
• 6M: 85.25%
• 1Y: 41.75%
• 3Y*: 57.47%
• 5Y*: 6.15%
• 10Y*: 19.02%

SE

• 1D: -3.95%
• 1M: 4.74%
• YTD: -29.87%
• 6M: -33.75%
• 1Y: -46.03%
• 3Y*: 14.63%
• 5Y*: -19.02%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PLSE vs. SE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PLSE Pulse Biosciences, Inc.	82.01%	-21.14%	42.24%	341.88%	-81.30%	-37.93%	77.93%	17.02%	-51.44%	0.17%
SE Sea Limited	-29.87%	20.24%	161.98%	-22.16%	-76.74%	12.39%	394.90%	255.30%	-15.08%	-18.02%

Correlation

The correlation between PLSE and SE is 0.07, 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	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (All Time) Calculated using the full available price history since Oct 23, 2017	0.20

The correlation between PLSE and SE shifts across timeframes, from 0.07 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap PLSE : $1.69B SE : $56.91B
EPS PLSE : -$1.11 SE : $2.57
PS Ratio PLSE : 2.24K SE : 2.22
PB Ratio PLSE : 25.55 SE : 4.43
Total Revenue (TTM) PLSE : $751.00K SE : $25.19B
Gross Profit (TTM) PLSE : -$684.00K SE : $11.15B
EBITDA (TTM) PLSE : -$73.79M SE : $2.33B

Return for Risk

PLSE vs. SE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PLSE

PLSE Risk / Return Rank: 63
PLSE Sharpe Ratio Rank: 58
PLSE Sortino Ratio Rank: 66
PLSE Omega Ratio Rank: 63
PLSE Calmar Ratio Rank: 64
PLSE Martin Ratio Rank: 62

SE

SE Risk / Return Rank: 9
SE Sharpe Ratio Rank: 6
SE Sortino Ratio Rank: 6
SE Omega Ratio Rank: 8
SE Calmar Ratio Rank: 12
SE Martin Ratio Rank: 11

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PLSE vs. SE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pulse Biosciences, Inc. (PLSE) and Sea Limited (SE). 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.

	PLSE	SE	Difference
Sharpe ratio Return per unit of total volatility	0.49	-0.92	+1.41
Sortino ratio Return per unit of downside risk	1.57	-1.38	+2.94
Omega ratio Gain probability vs. loss probability	1.19	0.83	+0.35
Calmar ratio Return relative to maximum drawdown	1.15	-0.77	+1.92
Martin ratio Return relative to average drawdown	2.21	-1.30	+3.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLSE vs. SE - Sharpe Ratio Comparison

The current PLSE Sharpe Ratio is 0.49, which is higher than the SE Sharpe Ratio of -0.92. The chart below compares the historical Sharpe Ratios of PLSE and SE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PLSE	SE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.49	-0.92	+1.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	-0.30	+0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.35	-0.14

Drawdowns

PLSE vs. SE - Drawdown Comparison

The maximum PLSE drawdown since its inception was -97.22%, which is greater than SE's maximum drawdown of -90.51%. Use the drawdown chart below to compare losses from any high point for PLSE and SE.

Drawdown Indicators

	PLSE	SE	Difference
Max Drawdown Largest peak-to-trough decline	-97.22%	-90.51%	-6.71%
Max Drawdown (1Y) Largest decline over 1 year	-36.51%	-60.22%	+23.71%
Max Drawdown (3Y) Largest decline over 3 years	-55.90%	-60.22%	+4.32%
Max Drawdown (5Y) Largest decline over 5 years	-95.38%	-90.51%	-4.87%
Max Drawdown (10Y) Largest decline over 10 years	-97.22%	—	—
Current Drawdown Current decline from peak	-43.55%	-75.62%	+32.07%
Average Drawdown Average peak-to-trough decline	-59.75%	-44.02%	-15.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.04%	35.47%	-16.43%

Volatility

PLSE vs. SE - Volatility Comparison

Pulse Biosciences, Inc. (PLSE) has a higher volatility of 28.86% compared to Sea Limited (SE) at 18.82%. This indicates that PLSE's price experiences larger fluctuations and is considered to be riskier than SE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLSE	SE	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.86%	18.82%	+10.04%
Volatility (6M) Calculated over the trailing 6-month period	69.05%	37.41%	+31.64%
Volatility (1Y) Calculated over the trailing 1-year period	84.91%	50.27%	+34.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.99%	64.07%	+33.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	91.70%	62.63%	+29.07%

Dividends

PLSE vs. SE - Dividend Comparison

Neither PLSE nor SE has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both PLSE and SE in my portfolio?

PLSE and SE have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLSE or SE?

PLSE has higher volatility (28.86%) compared to SE (18.82%). In terms of maximum drawdown, PLSE dropped -97.22% vs SE's -90.51%.

Which has better risk-adjusted returns?

PLSE currently has the higher Sharpe Ratio (0.49 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.