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RXST vs. TRML
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between RXST and TRML is 0.15, 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.


-0.50.00.51.00.2

Performance

RXST vs. TRML - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RxSight, Inc. (RXST) and Tourmaline Bio Inc. (TRML). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
-37.98%
44.91%
RXST
TRML

Key characteristics

Sharpe Ratio

RXST:

-0.20

TRML:

0.07

Sortino Ratio

RXST:

0.08

TRML:

0.69

Omega Ratio

RXST:

1.01

TRML:

1.10

Calmar Ratio

RXST:

-0.23

TRML:

0.07

Martin Ratio

RXST:

-0.58

TRML:

0.11

Ulcer Index

RXST:

18.79%

TRML:

51.14%

Daily Std Dev

RXST:

54.67%

TRML:

81.55%

Max Drawdown

RXST:

-48.21%

TRML:

-94.97%

Current Drawdown

RXST:

-46.20%

TRML:

-74.23%

Fundamentals

Market Cap

RXST:

$1.53B

TRML:

$566.70M

EPS

RXST:

-$0.81

TRML:

-$2.49

Total Revenue (TTM)

RXST:

$138.39M

TRML:

$2.28M

Gross Profit (TTM)

RXST:

$87.81M

TRML:

$1.12M

EBITDA (TTM)

RXST:

-$26.47M

TRML:

-$71.01M

Returns By Period

In the year-to-date period, RXST achieves a -14.21% return, which is significantly higher than TRML's -18.64% return.


RXST

YTD

-14.21%

1M

-22.84%

6M

-37.98%

1Y

-12.74%

5Y*

N/A

10Y*

N/A

TRML

YTD

-18.64%

1M

-7.43%

6M

44.90%

1Y

-9.75%

5Y*

N/A

10Y*

N/A

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Risk-Adjusted Performance

RXST vs. TRML - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for RxSight, Inc. (RXST) and Tourmaline Bio Inc. (TRML). 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 RXST, currently valued at -0.20, compared to the broader market-4.00-2.000.002.00-0.200.07
The chart of Sortino ratio for RXST, currently valued at 0.08, compared to the broader market-4.00-2.000.002.004.000.080.69
The chart of Omega ratio for RXST, currently valued at 1.01, compared to the broader market0.501.001.502.001.011.10
The chart of Calmar ratio for RXST, currently valued at -0.23, compared to the broader market0.002.004.006.00-0.230.07
The chart of Martin ratio for RXST, currently valued at -0.58, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.580.11
RXST
TRML

The current RXST Sharpe Ratio is -0.20, which is lower than the TRML Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of RXST and TRML, 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-0.500.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
-0.20
0.07
RXST
TRML

Dividends

RXST vs. TRML - Dividend Comparison

Neither RXST nor TRML has paid dividends to shareholders.


TTM2023
RXST
RxSight, Inc.
0.00%0.00%
TRML
Tourmaline Bio Inc.
0.00%57.75%

Drawdowns

RXST vs. TRML - Drawdown Comparison

The maximum RXST drawdown since its inception was -48.21%, smaller than the maximum TRML drawdown of -94.97%. Use the drawdown chart below to compare losses from any high point for RXST and TRML. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-46.20%
-71.79%
RXST
TRML

Volatility

RXST vs. TRML - Volatility Comparison

The current volatility for RxSight, Inc. (RXST) is 18.78%, while Tourmaline Bio Inc. (TRML) has a volatility of 20.73%. This indicates that RXST experiences smaller price fluctuations and is considered to be less risky than TRML based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
18.78%
20.73%
RXST
TRML

Financials

RXST vs. TRML - Financials Comparison

This section allows you to compare key financial metrics between RxSight, Inc. and Tourmaline Bio 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.


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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