SPIR vs. HALO
SPIR (Spire Global, Inc.) and HALO (Halozyme Therapeutics, Inc.) are both stocks. SPIR operates in Specialty Business Services (Industrials), while HALO operates in Biotechnology (Healthcare). Over the past 5 years, SPIR returned -26.35%/yr vs 9.85%/yr for HALO. At a 0.14 correlation, their price movements are largely independent.
Performance
SPIR vs. HALO - Performance Comparison
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Returns By Period
In the year-to-date period, SPIR achieves a 130.27% return, which is significantly higher than HALO's 2.51% return.
SPIR
- 1D
- -8.96%
- 1M
- -18.38%
- YTD
- 130.27%
- 6M
- 90.62%
- 1Y
- 73.74%
- 3Y*
- 67.27%
- 5Y*
- -26.35%
- 10Y*
- —
HALO
- 1D
- 0.64%
- 1M
- 0.98%
- YTD
- 2.51%
- 6M
- 1.22%
- 1Y
- 30.64%
- 3Y*
- 26.43%
- 5Y*
- 9.85%
- 10Y*
- 23.38%
SPIR vs. HALO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPIR Spire Global, Inc. | 130.27% | -46.70% | 79.92% | 1.82% | -71.60% | -66.23% | 5.37% |
HALO Halozyme Therapeutics, Inc. | 2.51% | 40.77% | 29.36% | -35.04% | 41.51% | -5.85% | 50.39% |
Correlation
The correlation between SPIR and HALO 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 (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2020 | 0.14 |
The correlation between SPIR and HALO shifts across timeframes, from 0.01 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
Fundamentals
SPIR:
$574.57B
HALO:
$8.48B
SPIR:
-$3.07
HALO:
$2.87
SPIR:
18.00
HALO:
5.57
SPIR:
6.30
HALO:
38.60
SPIR:
$15.88B
HALO:
$1.51B
SPIR:
$6.33B
HALO:
$1.23B
SPIR:
-$24.64B
HALO:
$980.05M
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Return for Risk
SPIR vs. HALO — Risk / Return Rank
SPIR
HALO
SPIR vs. HALO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spire Global, Inc. (SPIR) and Halozyme Therapeutics, Inc. (HALO). 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.
| SPIR | HALO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.19 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | 1.28 | +0.21 |
| Martin ratioReturn relative to average drawdown | 2.90 | 2.38 | +0.52 |
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Drawdowns
SPIR vs. HALO - Drawdown Comparison
The maximum SPIR drawdown since its inception was -97.74%, which is greater than HALO's maximum drawdown of -74.26%. Use the drawdown chart below to compare losses from any high point for SPIR and HALO.
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Drawdown Indicators
| SPIR | HALO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.74% | -74.26% | -23.48% |
Max Drawdown (1Y)Largest decline over 1 year | -50.04% | -24.13% | -25.91% |
Max Drawdown (3Y)Largest decline over 3 years | -66.22% | -33.92% | -32.30% |
Max Drawdown (5Y)Largest decline over 5 years | -97.74% | -49.06% | -48.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.06% | — |
Current DrawdownCurrent decline from peak | -88.30% | -15.07% | -73.23% |
Average DrawdownAverage peak-to-trough decline | -77.97% | -31.86% | -46.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.51% | 12.88% | +12.63% |
Volatility
SPIR vs. HALO - Volatility Comparison
Spire Global, Inc. (SPIR) has a higher volatility of 39.83% compared to Halozyme Therapeutics, Inc. (HALO) at 8.94%. This indicates that SPIR's price experiences larger fluctuations and is considered to be riskier than HALO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPIR | HALO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 39.83% | 8.94% | +30.89% |
Volatility (6M)Calculated over the trailing 6-month period | 80.75% | 24.09% | +56.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 103.70% | 30.40% | +73.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 98.51% | 39.43% | +59.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 92.96% | 42.82% | +50.14% |
Dividends
SPIR vs. HALO - Dividend Comparison
Neither SPIR nor HALO has paid dividends to shareholders.
Financials
SPIR vs. HALO - Financials Comparison
This section allows you to compare key financial metrics between Spire Global, Inc. and Halozyme Therapeutics, 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
SPIR and HALO 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.
SPIR has higher volatility (39.83%) compared to HALO (8.94%). In terms of maximum drawdown, SPIR dropped -97.74% vs HALO's -74.26%.
HALO currently has the higher Sharpe Ratio (1.01 vs 0.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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