PRE vs. LQDA
PRE (Prenetics Global Ltd) and LQDA (Liquidia Corporation) are both stocks. Both are in the Healthcare sector — PRE in Diagnostics & Research, LQDA in Biotechnology. Over the past 3 years, PRE returned 21.67%/yr vs 120.93%/yr for LQDA. Their 0.04 correlation means their historical movements had little consistent relationship.
Performance
PRE vs. LQDA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PRE achieves a 18.35% return, which is significantly lower than LQDA's 143.87% return.
PRE
- 1D
- -3.12%
- 1M
- 10.10%
- 6M
- -2.38%
- YTD
- 18.35%
- 1Y
- 133.00%
- 3Y*
- 21.67%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -36.54%
LQDA
- 1D
- -3.10%
- 1M
- 6.56%
- 6M
- 98.42%
- YTD
- 143.87%
- 1Y
- 375.74%
- 3Y*
- 120.93%
- 5Y*
- 105.41%
- 10Y*
- —
- ALL TIME*
- 26.92%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $129.21M | $115.99M | $136.40M | |
| $3.85M | $4.87M | $4.52M |
PRE vs. LQDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PRE Prenetics Global Ltd | 18.35% | 171.55% | -1.86% | -80.30% | -76.19% |
LQDA Liquidia Corporation | 143.87% | 193.28% | -2.24% | 88.85% | 5.99% |
Correlation
The correlation between PRE and LQDA is -0.00, 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. | -0.00 |
Correlation (3Y) Balances recent behavior with more history. | 0.03 |
Correlation (All Time) Calculated using the full available price history since May 18, 2022 | 0.04 |
Fundamentals
PRE:
$316.89M
LQDA:
$7.48B
PRE:
-$4.54
LQDA:
$0.23
PRE:
2.56
LQDA:
27.98
PRE:
2.61
LQDA:
78.33
PRE:
$113.75M
LQDA:
$288.07M
PRE:
$66.34M
LQDA:
$275.77M
PRE:
-$55.46M
LQDA:
$51.53M
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
PRE vs. LQDA — Risk / Return Rank
PRE
LQDA
PRE vs. LQDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Prenetics Global Ltd (PRE) and Liquidia Corporation (LQDA). 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.
| PRE | LQDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.83 | ||
| Sortino ratioReturn per unit of downside risk | -2.48 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.56 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 3.83 | 9.89 | -6.06 |
| Martin ratioReturn relative to average drawdown | 8.67 | 25.71 | -17.05 |
Loading charts...
Drawdowns
PRE vs. LQDA - Drawdown Comparison
The maximum PRE drawdown since its inception was -97.70%, roughly equal to the maximum LQDA drawdown of -93.87%. Use the drawdown chart below to compare losses from any high point for PRE and LQDA.
Loading charts...
Drawdown Indicators
| PRE | LQDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.70% | -93.87% | -3.83% |
Max Drawdown (1Y)Largest decline over 1 year | -34.36% | -35.66% | +1.30% |
Max Drawdown (3Y)Largest decline over 3 years | -72.73% | -46.80% | -25.93% |
Max Drawdown (5Y)Largest decline over 5 years | — | -55.36% | — |
Current DrawdownCurrent decline from peak | -85.21% | -5.53% | -79.68% |
Average DrawdownAverage peak-to-trough decline | -86.78% | -68.43% | -18.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.19% | 13.69% | +1.50% |
Volatility
PRE vs. LQDA - Volatility Comparison
Prenetics Global Ltd (PRE) has a higher volatility of 29.19% compared to Liquidia Corporation (LQDA) at 19.04%. This indicates that PRE's price experiences larger fluctuations and is considered to be riskier than LQDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PRE | LQDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.19% | 19.04% | +10.15% |
Volatility (6M)Calculated over the trailing 6-month period | 61.04% | 48.97% | +12.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 89.43% | 66.53% | +22.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 88.68% | 74.06% | +14.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 88.68% | 85.46% | +3.22% |
Dividends
PRE vs. LQDA - Dividend Comparison
Neither PRE nor LQDA has paid dividends to shareholders.
Financials
PRE vs. LQDA - Financials Comparison
This section allows you to compare key financial metrics between Prenetics Global Ltd and Liquidia Corporation. 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
PRE vs. LQDA - Profitability Comparison
PRE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Prenetics Global Ltd reported a gross profit of 23.28M and revenue of 35.95M. Therefore, the gross margin over that period was 64.8%.
LQDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Liquidia Corporation reported a gross profit of 132.09M and revenue of 132.87M. Therefore, the gross margin over that period was 99.4%.
PRE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Prenetics Global Ltd reported an operating income of -9.71M and revenue of 35.95M, resulting in an operating margin of -27.0%.
LQDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Liquidia Corporation reported an operating income of 61.50M and revenue of 132.87M, resulting in an operating margin of 46.3%.
PRE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Prenetics Global Ltd reported a net income of -23.10M and revenue of 35.95M, resulting in a net margin of -64.3%.
LQDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Liquidia Corporation reported a net income of 52.86M and revenue of 132.87M, resulting in a net margin of 39.8%.
Frequently Asked Questions
PRE and LQDA have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRE has higher volatility (29.19%) compared to LQDA (19.04%). In terms of maximum drawdown, PRE dropped -97.70% vs LQDA's -93.87%.
LQDA currently has the higher Sharpe Ratio (5.31 vs 1.47), 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 PRE and LQDA
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