PRE vs. NAT
PRE (Prenetics Global Ltd) and NAT (Nordic American Tankers Limited) are both stocks. PRE operates in Diagnostics & Research (Healthcare), while NAT operates in Marine Shipping (Industrials). Over the past 3 years, PRE returned 21.67%/yr vs 28.45%/yr for NAT. Their 0.07 correlation means their historical movements had little consistent relationship.
Performance
PRE vs. NAT - Performance Comparison
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Returns By Period
In the year-to-date period, PRE achieves a 18.35% return, which is significantly lower than NAT's 104.18% 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%
NAT
- 1D
- -1.95%
- 1M
- 12.39%
- 6M
- 68.84%
- YTD
- 104.18%
- 1Y
- 172.95%
- 3Y*
- 28.45%
- 5Y*
- 32.03%
- 10Y*
- 2.32%
- ALL TIME*
- 7.30%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $23.13M | $20.86M | $22.82M | |
| $3.85M | $4.87M | $4.52M |
PRE vs. NAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PRE Prenetics Global Ltd | 18.35% | 171.55% | -1.86% | -80.30% | -76.19% |
NAT Nordic American Tankers Limited | 104.18% | 54.57% | -33.63% | 55.83% | 20.64% |
Correlation
The correlation between PRE and NAT is 0.04, 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. | 0.04 |
Correlation (3Y) Balances recent behavior with more history. | 0.05 |
Correlation (All Time) Calculated using the full available price history since May 18, 2022 | 0.07 |
Fundamentals
PRE:
$316.89M
NAT:
$1.38B
PRE:
-$4.54
NAT:
$0.26
PRE:
2.56
NAT:
4.14
PRE:
2.61
NAT:
3.03
PRE:
$113.75M
NAT:
$334.09M
PRE:
$66.34M
NAT:
$97.31M
PRE:
-$55.46M
NAT:
$132.71M
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Return for Risk
PRE vs. NAT — Risk / Return Rank
PRE
NAT
PRE vs. NAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Prenetics Global Ltd (PRE) and Nordic American Tankers Limited (NAT). 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 | NAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.92 | ||
| Sortino ratioReturn per unit of downside risk | -2.56 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.58 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 3.83 | 9.22 | -5.39 |
| Martin ratioReturn relative to average drawdown | 8.67 | 27.48 | -18.81 |
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Drawdowns
PRE vs. NAT - Drawdown Comparison
The maximum PRE drawdown since its inception was -97.70%, which is greater than NAT's maximum drawdown of -90.20%. Use the drawdown chart below to compare losses from any high point for PRE and NAT.
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Drawdown Indicators
| PRE | NAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.70% | -90.20% | -7.50% |
Max Drawdown (1Y)Largest decline over 1 year | -34.36% | -18.45% | -15.91% |
Max Drawdown (3Y)Largest decline over 3 years | -72.73% | -46.31% | -26.42% |
Max Drawdown (5Y)Largest decline over 5 years | — | -50.77% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.75% | — |
Current DrawdownCurrent decline from peak | -85.21% | -27.96% | -57.25% |
Average DrawdownAverage peak-to-trough decline | -86.78% | -43.94% | -42.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.19% | 6.18% | +9.01% |
Volatility
PRE vs. NAT - Volatility Comparison
Prenetics Global Ltd (PRE) has a higher volatility of 29.19% compared to Nordic American Tankers Limited (NAT) at 11.11%. This indicates that PRE's price experiences larger fluctuations and is considered to be riskier than NAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRE | NAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.19% | 11.11% | +18.08% |
Volatility (6M)Calculated over the trailing 6-month period | 61.04% | 31.15% | +29.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 89.43% | 38.71% | +50.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 88.68% | 51.34% | +37.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 88.68% | 58.16% | +30.52% |
Dividends
PRE vs. NAT - Dividend Comparison
PRE has not paid dividends to shareholders, while NAT's dividend yield for the trailing twelve months is around 9.49%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAT Nordic American Tankers Limited | 9.49% | 10.47% | 16.00% | 11.67% | 3.59% | 3.55% | 15.25% | 2.03% | 8.00% | 21.54% | 16.31% | 8.88% |
PRE Prenetics Global Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PRE vs. NAT - Financials Comparison
This section allows you to compare key financial metrics between Prenetics Global Ltd and Nordic American Tankers Limited. 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. NAT - 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%.
NAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Nordic American Tankers Limited reported a gross profit of 47.64M and revenue of 106.46M. Therefore, the gross margin over that period was 44.8%.
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%.
NAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Nordic American Tankers Limited reported an operating income of 38.36M and revenue of 106.46M, resulting in an operating margin of 36.0%.
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%.
NAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Nordic American Tankers Limited reported a net income of 46.29M and revenue of 106.46M, resulting in a net margin of 43.5%.
Frequently Asked Questions
PRE and NAT have a correlation of 0.04, 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 NAT (11.11%). In terms of maximum drawdown, PRE dropped -97.70% vs NAT's -90.20%.
NAT currently has the higher Sharpe Ratio (4.39 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.
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