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PTN vs. NBR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

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.


-0.50.00.51.00.1

Performance

PTN vs. NBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Palatin Technologies, Inc. (PTN) and Nabors Industries Ltd. (NBR). The values are adjusted to include any dividend payments, if applicable.

-100.00%-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%JulyAugustSeptemberOctoberNovemberDecember
-100.00%
-70.54%
PTN
NBR

Key characteristics

Sharpe Ratio

PTN:

-0.54

NBR:

-0.65

Sortino Ratio

PTN:

-0.33

NBR:

-0.75

Omega Ratio

PTN:

0.96

NBR:

0.92

Calmar Ratio

PTN:

-0.61

NBR:

-0.37

Martin Ratio

PTN:

-0.91

NBR:

-1.68

Ulcer Index

PTN:

66.54%

NBR:

21.72%

Daily Std Dev

PTN:

113.40%

NBR:

56.09%

Max Drawdown

PTN:

-100.00%

NBR:

-99.51%

Current Drawdown

PTN:

-100.00%

NBR:

-97.41%

Fundamentals

Market Cap

PTN:

$16.23M

NBR:

$571.44M

EPS

PTN:

-$1.98

NBR:

-$23.97

PEG Ratio

PTN:

0.00

NBR:

-0.68

Total Revenue (TTM)

PTN:

$2.38M

NBR:

$2.93B

Gross Profit (TTM)

PTN:

$1.94M

NBR:

$554.04M

EBITDA (TTM)

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

YTD

-75.68%

1M

5.87%

6M

-48.79%

1Y

-62.19%

5Y*

-44.92%

10Y*

-24.85%

NBR

YTD

-34.13%

1M

-25.88%

6M

-20.21%

1Y

-37.02%

5Y*

-18.09%

10Y*

-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.


Sharpe ratio
The chart of Sharpe ratio for PTN, currently valued at -0.54, compared to the broader market-4.00-2.000.002.00-0.54-0.65
The chart of Sortino ratio for PTN, currently valued at -0.33, compared to the broader market-4.00-2.000.002.004.00-0.33-0.75
The chart of Omega ratio for PTN, currently valued at 0.96, compared to the broader market0.501.001.502.000.960.92
The chart of Calmar ratio for PTN, currently valued at -0.61, compared to the broader market0.002.004.006.00-0.61-0.37
The chart of Martin ratio for PTN, currently valued at -0.91, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.91-1.68
PTN
NBR

The current PTN Sharpe Ratio is -0.54, which is comparable to the NBR Sharpe Ratio of -0.65. The chart below compares the historical Sharpe Ratios of PTN and NBR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.80-0.60-0.40-0.200.00JulyAugustSeptemberOctoberNovemberDecember
-0.54
-0.65
PTN
NBR

Dividends

PTN vs. NBR - Dividend Comparison

Neither PTN nor NBR has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
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%
NBR
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.


-100.00%-99.00%-98.00%-97.00%-96.00%-95.00%JulyAugustSeptemberOctoberNovemberDecember
-100.00%
-97.41%
PTN
NBR

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.


10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
31.07%
11.69%
PTN
NBR

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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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