PTN vs. NBR
Compare and contrast key facts about Palatin Technologies, Inc. (PTN) and Nabors Industries Ltd. (NBR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTN or NBR.
Correlation
The correlation between PTN and NBR is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PTN vs. NBR - Performance Comparison
Key characteristics
PTN:
-0.54
NBR:
-0.65
PTN:
-0.33
NBR:
-0.75
PTN:
0.96
NBR:
0.92
PTN:
-0.61
NBR:
-0.37
PTN:
-0.91
NBR:
-1.68
PTN:
66.54%
NBR:
21.72%
PTN:
113.40%
NBR:
56.09%
PTN:
-100.00%
NBR:
-99.51%
PTN:
-100.00%
NBR:
-97.41%
Fundamentals
PTN:
$16.23M
NBR:
$571.44M
PTN:
-$1.98
NBR:
-$23.97
PTN:
0.00
NBR:
-0.68
PTN:
$2.38M
NBR:
$2.93B
PTN:
$1.94M
NBR:
$554.04M
PTN:
-$31.84M
NBR:
$855.15M
Returns By Period
In the year-to-date period, PTN achieves a -75.68% return, which is significantly lower than NBR's -34.13% return. Over the past 10 years, PTN has underperformed NBR with an annualized return of -24.85%, while NBR has yielded a comparatively higher -20.64% annualized return.
PTN
-75.68%
5.87%
-48.79%
-62.19%
-44.92%
-24.85%
NBR
-34.13%
-25.88%
-20.21%
-37.02%
-18.09%
-20.64%
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Risk-Adjusted Performance
PTN vs. NBR - Risk-Adjusted Performance 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.
Dividends
PTN vs. NBR - Dividend Comparison
Neither PTN nor NBR has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Nabors Industries Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.86% | 1.39% | 12.00% | 3.51% | 1.46% | 2.82% | 1.54% | 0.94% |
Drawdowns
PTN vs. NBR - Drawdown Comparison
The maximum PTN drawdown since its inception was -100.00%, roughly equal to the maximum NBR drawdown of -99.51%. Use the drawdown chart below to compare losses from any high point for PTN and NBR. For additional features, visit the drawdowns tool.
Volatility
PTN vs. NBR - Volatility Comparison
Palatin Technologies, Inc. (PTN) has a higher volatility of 31.07% compared to Nabors Industries Ltd. (NBR) at 11.69%. This indicates that PTN's price experiences larger fluctuations and is considered to be riskier than NBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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