PTN vs. TSLA
PTN (Palatin Technologies, Inc.) and TSLA (Tesla, Inc.) are both stocks. PTN operates in Biotechnology (Healthcare), while TSLA operates in Auto Manufacturers (Consumer Cyclical). At a 0.01 correlation, their price movements are largely independent.
Performance
PTN vs. TSLA - Performance Comparison
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Returns By Period
In the year-to-date period, PTN achieves a -27.11% return, which is significantly lower than TSLA's -15.14% return.
PTN
- 1D
- -4.76%
- 1M
- -24.65%
- YTD
- -27.11%
- 6M
- -33.51%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLA
- 1D
- -5.79%
- 1M
- -10.42%
- YTD
- -15.14%
- 6M
- -21.41%
- 1Y
- 9.44%
- 3Y*
- 14.14%
- 5Y*
- 10.99%
- 10Y*
- 40.34%
PTN vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PTN Palatin Technologies, Inc. | -27.11% | 112.14% |
TSLA Tesla, Inc. | -15.14% | 2.30% |
Correlation
The correlation between PTN and TSLA is 0.01, 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 12, 2025 | 0.01 |
Fundamentals
PTN:
$43.85M
TSLA:
$1.35T
PTN:
-$2.39
TSLA:
$1.10
PTN:
3.27
TSLA:
13.76
PTN:
4.14
TSLA:
16.05
PTN:
$8.96M
TSLA:
$97.88B
PTN:
$8.90M
TSLA:
$18.66B
PTN:
-$6.39M
TSLA:
$10.48B
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Return for Risk
PTN vs. TSLA — Risk / Return Rank
PTN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TSLA
PTN vs. TSLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palatin Technologies, Inc. (PTN) and Tesla, Inc. (TSLA). 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.
| PTN | TSLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.07 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.32 | — |
| Martin ratioReturn relative to average drawdown | — | 0.72 | — |
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Drawdowns
PTN vs. TSLA - Drawdown Comparison
The maximum PTN drawdown since its inception was -59.96%, smaller than the maximum TSLA drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for PTN and TSLA.
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Drawdown Indicators
| PTN | TSLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.96% | -73.63% | +13.67% |
Max Drawdown (1Y)Largest decline over 1 year | — | -29.93% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -53.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -73.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -73.63% | — |
Current DrawdownCurrent decline from peak | -59.96% | -22.10% | -37.86% |
Average DrawdownAverage peak-to-trough decline | -31.43% | -22.71% | -8.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 13.37% | — |
Volatility
PTN vs. TSLA - Volatility Comparison
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Volatility by Period
| PTN | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 14.29% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 28.36% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 152.07% | 44.68% | +107.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 152.07% | 59.03% | +93.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 152.07% | 59.11% | +92.96% |
Dividends
PTN vs. TSLA - Dividend Comparison
Neither PTN nor TSLA has paid dividends to shareholders.
Financials
PTN vs. TSLA - Financials Comparison
This section allows you to compare key financial metrics between Palatin Technologies, Inc. and Tesla, Inc.. 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 TSLA have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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