PRAX vs. FLNC
PRAX (Praxis Precision Medicines, Inc.) and FLNC (Fluence Energy, Inc.) are both stocks. PRAX operates in Biotechnology (Healthcare), while FLNC operates in Utilities - Renewable (Utilities). Over the past 3 years, PRAX returned 177.75%/yr vs -21.55%/yr for FLNC. Their 0.18 correlation means their historical movements had little consistent relationship.
Performance
PRAX vs. FLNC - Performance Comparison
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Returns By Period
In the year-to-date period, PRAX achieves a 4.44% return, which is significantly higher than FLNC's -29.58% return.
PRAX
- 1D
- 0.03%
- 1M
- -3.36%
- 6M
- -1.96%
- YTD
- 4.44%
- 1Y
- 469.11%
- 3Y*
- 177.75%
- 5Y*
- 5.64%
- 10Y*
- —
- ALL TIME*
- -3.97%
FLNC
- 1D
- 3.41%
- 1M
- -18.06%
- 6M
- -54.73%
- YTD
- -29.58%
- 1Y
- 79.05%
- 3Y*
- -21.55%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -16.85%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $90.69M | $115.25M | $248.73M | |
| $101.21M | $111.78M | $149.02M |
PRAX vs. FLNC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PRAX Praxis Precision Medicines, Inc. | 4.44% | 282.98% | 245.42% | -37.59% | -87.92% | -9.09% |
FLNC Fluence Energy, Inc. | -29.58% | 24.56% | -33.42% | 39.07% | -51.77% | 6.15% |
Correlation
The correlation between PRAX and FLNC is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.01 |
Correlation (3Y) Balances recent behavior with more history. | 0.12 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021 | 0.18 |
The correlation between PRAX and FLNC shifts across timeframes, from 0.01 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
Fundamentals
PRAX:
$8.58B
FLNC:
$2.57B
PRAX:
-$13.35
FLNC:
-$0.28
PRAX:
6.31
FLNC:
5.00
PRAX:
-$92.00K
FLNC:
$2.58B
PRAX:
-$128.83M
FLNC:
$301.68M
PRAX:
-$344.68M
FLNC:
$4.46M
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Return for Risk
PRAX vs. FLNC — Risk / Return Rank
PRAX
FLNC
PRAX vs. FLNC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Praxis Precision Medicines, Inc. (PRAX) and Fluence Energy, Inc. (FLNC). 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.
| PRAX | FLNC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.81 | ||
| Sortino ratioReturn per unit of downside risk | +4.36 | ||
| Omega ratioGain probability vs. loss probability | 1.76 | 1.21 | +0.55 |
| Calmar ratioReturn relative to maximum drawdown | 14.46 | 1.14 | +13.33 |
| Martin ratioReturn relative to average drawdown | 41.02 | 2.05 | +38.97 |
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Drawdowns
PRAX vs. FLNC - Drawdown Comparison
The maximum PRAX drawdown since its inception was -98.67%, which is greater than FLNC's maximum drawdown of -90.40%. Use the drawdown chart below to compare losses from any high point for PRAX and FLNC.
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Drawdown Indicators
| PRAX | FLNC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.67% | -90.40% | -8.27% |
Max Drawdown (1Y)Largest decline over 1 year | -32.61% | -63.30% | +30.69% |
Max Drawdown (3Y)Largest decline over 3 years | -68.64% | -87.29% | +18.65% |
Max Drawdown (5Y)Largest decline over 5 years | -96.50% | — | — |
Current DrawdownCurrent decline from peak | -65.91% | -62.96% | -2.95% |
Average DrawdownAverage peak-to-trough decline | -80.22% | -53.71% | -26.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.52% | 35.09% | -23.57% |
Volatility
PRAX vs. FLNC - Volatility Comparison
The current volatility for Praxis Precision Medicines, Inc. (PRAX) is 14.70%, while Fluence Energy, Inc. (FLNC) has a volatility of 27.49%. This indicates that PRAX experiences smaller price fluctuations and is considered to be less risky than FLNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRAX | FLNC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.70% | 27.49% | -12.79% |
Volatility (6M)Calculated over the trailing 6-month period | 47.26% | 93.94% | -46.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 199.22% | 129.28% | +69.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 127.59% | 98.47% | +29.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 122.89% | 98.47% | +24.42% |
Dividends
PRAX vs. FLNC - Dividend Comparison
Neither PRAX nor FLNC has paid dividends to shareholders.
Financials
PRAX vs. FLNC - Financials Comparison
This section allows you to compare key financial metrics between Praxis Precision Medicines, Inc. and Fluence Energy, 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
PRAX and FLNC have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLNC has higher volatility (27.49%) compared to PRAX (14.70%). In terms of maximum drawdown, PRAX dropped -98.67% vs FLNC's -90.40%.
PRAX currently has the higher Sharpe Ratio (2.37 vs 0.56), 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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