PTN vs. NBR
PTN (Palatin Technologies, Inc.) and NBR (Nabors Industries Ltd.) are both stocks. PTN operates in Biotechnology (Healthcare), while NBR operates in Oil & Gas Drilling (Energy). At a 0.04 correlation, their price movements are largely independent.
Performance
PTN vs. NBR - Performance Comparison
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Returns By Period
In the year-to-date period, PTN achieves a -6.76% return, which is significantly lower than NBR's 86.17% return.
PTN
- 1D
- 6.22%
- 1M
- -28.30%
- YTD
- -6.76%
- 6M
- -34.79%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NBR
- 1D
- 5.00%
- 1M
- -3.98%
- YTD
- 86.17%
- 6M
- 77.63%
- 1Y
- 249.79%
- 3Y*
- 2.73%
- 5Y*
- -3.55%
- 10Y*
- -13.86%
PTN vs. NBR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PTN Palatin Technologies, Inc. | -6.76% | 39.31% |
NBR Nabors Industries Ltd. | 86.17% | 12.10% |
Correlation
The correlation between PTN and NBR is 0.04, 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 (All Time) Calculated using the full available price history since Nov 13, 2025 | 0.04 |
Fundamentals
PTN:
$56.10M
NBR:
$1.44B
PTN:
-$2.39
NBR:
$15.33
PTN:
4.19
NBR:
0.44
PTN:
$8.96M
NBR:
$3.23B
PTN:
$8.90M
NBR:
$661.90M
PTN:
-$6.39M
NBR:
$1.31B
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Return for Risk
PTN vs. NBR — Risk / Return Rank
PTN
NBR
PTN vs. NBR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palatin Technologies, Inc. (PTN) and Nabors Industries Ltd. (NBR). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| PTN | NBR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 4.16 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.05 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.17 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | -0.02 | +0.45 |
Drawdowns
PTN vs. NBR - Drawdown Comparison
The maximum PTN drawdown since its inception was -51.79%, smaller than the maximum NBR drawdown of -99.51%. Use the drawdown chart below to compare losses from any high point for PTN and NBR.
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Drawdown Indicators
| PTN | NBR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.79% | -99.51% | +47.72% |
Max Drawdown (1Y)Largest decline over 1 year | — | -21.38% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -82.22% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -87.70% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -98.73% | — |
Current DrawdownCurrent decline from peak | -48.79% | -95.13% | +46.34% |
Average DrawdownAverage peak-to-trough decline | -29.72% | -52.74% | +23.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.99% | — |
Volatility
PTN vs. NBR - Volatility Comparison
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Volatility by Period
| PTN | NBR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 13.76% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 36.74% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 141.69% | 60.57% | +81.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 141.69% | 66.40% | +75.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 141.69% | 82.09% | +59.60% |
Dividends
PTN vs. NBR - Dividend Comparison
Neither PTN nor NBR has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBR Nabors Industries Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.86% | 1.39% | 12.00% | 3.51% | 1.46% | 2.82% |
PTN Palatin Technologies, Inc. | 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
PTN vs. NBR - Financials Comparison
This section allows you to compare key financial metrics between Palatin Technologies, Inc. and Nabors Industries Ltd.. 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
PTN and NBR 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.
Find the right allocation for PTN and NBR
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