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

Key characteristics


SLNOTRML
YTD Return33.04%-19.79%
1Y Return1,087.36%61.91%
3Y Return (Ann)55.65%-30.64%
Sharpe Ratio2.020.71
Daily Std Dev510.07%87.59%
Max Drawdown-99.86%-94.97%
Current Drawdown-91.84%-74.60%

Fundamentals


SLNOTRML
Market Cap$2.06B$495.90M
EPS-$1.83-$1.92
Total Revenue (TTM)$3.45M$2.28M
Gross Profit (TTM)$1.42M$880.00K
EBITDA (TTM)-$67.34M-$54.49M

Correlation

-0.50.00.51.00.2

The correlation between SLNO and TRML is 0.17, 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

SLNO vs. TRML - Performance Comparison

In the year-to-date period, SLNO achieves a 33.04% return, which is significantly higher than TRML's -19.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-60.00%-40.00%-20.00%0.00%20.00%AprilMayJuneJulyAugustSeptember
23.53%
-26.61%
SLNO
TRML

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Risk-Adjusted Performance

SLNO vs. TRML - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Soleno Therapeutics, Inc. (SLNO) 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.


SLNO
Sharpe ratio
The chart of Sharpe ratio for SLNO, currently valued at 2.02, compared to the broader market-4.00-2.000.002.002.02
Sortino ratio
The chart of Sortino ratio for SLNO, currently valued at 13.18, compared to the broader market-6.00-4.00-2.000.002.004.0013.18
Omega ratio
The chart of Omega ratio for SLNO, currently valued at 2.68, compared to the broader market0.501.001.502.002.68
Calmar ratio
The chart of Calmar ratio for SLNO, currently valued at 12.99, compared to the broader market0.001.002.003.004.005.0012.99
Martin ratio
The chart of Martin ratio for SLNO, currently valued at 71.75, compared to the broader market-10.00-5.000.005.0010.0015.0020.0071.75
TRML
Sharpe ratio
The chart of Sharpe ratio for TRML, currently valued at 0.71, compared to the broader market-4.00-2.000.002.000.71
Sortino ratio
The chart of Sortino ratio for TRML, currently valued at 1.44, compared to the broader market-6.00-4.00-2.000.002.004.001.44
Omega ratio
The chart of Omega ratio for TRML, currently valued at 1.21, compared to the broader market0.501.001.502.001.21
Calmar ratio
The chart of Calmar ratio for TRML, currently valued at 0.70, compared to the broader market0.001.002.003.004.005.000.70
Martin ratio
The chart of Martin ratio for TRML, currently valued at 1.35, compared to the broader market-10.00-5.000.005.0010.0015.0020.001.35

SLNO vs. TRML - Sharpe Ratio Comparison

The current SLNO Sharpe Ratio is 2.02, which is higher than the TRML Sharpe Ratio of 0.71. The chart below compares the 12-month rolling Sharpe Ratio of SLNO and TRML.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00AprilMayJuneJulyAugustSeptember
2.02
0.71
SLNO
TRML

Dividends

SLNO vs. TRML - Dividend Comparison

SLNO has not paid dividends to shareholders, while TRML's dividend yield for the trailing twelve months is around 71.99%.


TTM2023
SLNO
Soleno Therapeutics, Inc.
0.00%0.00%
TRML
Tourmaline Bio Inc.
71.99%57.75%

Drawdowns

SLNO vs. TRML - Drawdown Comparison

The maximum SLNO drawdown since its inception was -99.86%, which is greater than TRML's maximum drawdown of -94.97%. Use the drawdown chart below to compare losses from any high point for SLNO and TRML. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%AprilMayJuneJulyAugustSeptember0
-74.60%
SLNO
TRML

Volatility

SLNO vs. TRML - Volatility Comparison

The current volatility for Soleno Therapeutics, Inc. (SLNO) is 17.09%, while Tourmaline Bio Inc. (TRML) has a volatility of 24.57%. This indicates that SLNO 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%20.00%30.00%40.00%50.00%AprilMayJuneJulyAugustSeptember
17.09%
24.57%
SLNO
TRML

Financials

SLNO vs. TRML - Financials Comparison

This section allows you to compare key financial metrics between Soleno Therapeutics, 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