TALK vs. LTRN

Last updated Jun 4, 2026

TALK (Talkspace, Inc.) and LTRN (Lantern Pharma Inc.) are both stocks. Both are in the Healthcare sector — TALK in Medical Care Facilities, LTRN in Biotechnology. Over the past 5 years, TALK returned -12.19%/yr vs -25.86%/yr for LTRN. At a 0.16 correlation, their price movements are largely independent.

Performance

TALK vs. LTRN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Talkspace, Inc. (TALK) and Lantern Pharma Inc. (LTRN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TALK achieves a 43.53% return, which is significantly higher than LTRN's 12.21% return.

TALK

• 1D: -0.19%
• 1M: 0.19%
• YTD: 43.53%
• 6M: 62.81%
• 1Y: 52.79%
• 3Y*: 71.66%
• 5Y*: -12.19%
• 10Y*: —

LTRN

• 1D: -9.09%
• 1M: 52.47%
• YTD: 12.21%
• 6M: -3.95%
• 1Y: 5.59%
• 3Y*: -12.24%
• 5Y*: -25.86%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TALK vs. LTRN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TALK Talkspace, Inc.	43.53%	17.48%	21.65%	316.19%	-69.02%	-81.78%	7.03%
LTRN Lantern Pharma Inc.	12.21%	-5.02%	-25.47%	-29.14%	-24.31%	-58.55%	57.53%

Correlation

The correlation between TALK and LTRN is 0.10, 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	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jul 31, 2020	0.16

Fundamentals

Market Cap TALK : $905.26M LTRN : $38.26M
EPS TALK : $0.01 LTRN : -$1.45
PB Ratio TALK : 8.01 LTRN : 11.10
Total Revenue (TTM) TALK : $238.37M LTRN : $0.00
Gross Profit (TTM) TALK : $100.68M LTRN : $0.00
EBITDA (TTM) TALK : $6.16M LTRN : -$16.42M

Return for Risk

TALK vs. LTRN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TALK

TALK Risk / Return Rank: 72
TALK Sharpe Ratio Rank: 74
TALK Sortino Ratio Rank: 73
TALK Omega Ratio Rank: 72
TALK Calmar Ratio Rank: 71
TALK Martin Ratio Rank: 71

LTRN

LTRN Risk / Return Rank: 46
LTRN Sharpe Ratio Rank: 43
LTRN Sortino Ratio Rank: 50
LTRN Omega Ratio Rank: 51
LTRN Calmar Ratio Rank: 43
LTRN Martin Ratio Rank: 42

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TALK vs. LTRN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Talkspace, Inc. (TALK) and Lantern Pharma Inc. (LTRN). 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.

	TALK	LTRN	Difference
Sharpe ratio Return per unit of total volatility	1.11	0.06	+1.05
Sortino ratio Return per unit of downside risk	1.90	0.83	+1.07
Omega ratio Gain probability vs. loss probability	1.24	1.12	+0.13
Calmar ratio Return relative to maximum drawdown	1.69	0.07	+1.62
Martin ratio Return relative to average drawdown	4.11	0.15	+3.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TALK vs. LTRN - Sharpe Ratio Comparison

The current TALK Sharpe Ratio is 1.11, which is higher than the LTRN Sharpe Ratio of 0.06. The chart below compares the historical Sharpe Ratios of TALK and LTRN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TALK	LTRN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.11	0.06	+1.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.18	-0.30	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	-0.26	+0.09

Drawdowns

TALK vs. LTRN - Drawdown Comparison

The maximum TALK drawdown since its inception was -95.17%, roughly equal to the maximum LTRN drawdown of -94.89%. Use the drawdown chart below to compare losses from any high point for TALK and LTRN.

Drawdown Indicators

	TALK	LTRN	Difference
Max Drawdown Largest peak-to-trough decline	-95.17%	-94.89%	-0.28%
Max Drawdown (1Y) Largest decline over 1 year	-31.32%	-78.95%	+47.63%
Max Drawdown (3Y) Largest decline over 3 years	-56.35%	-89.48%	+33.13%
Max Drawdown (5Y) Largest decline over 5 years	-94.16%	-93.02%	-1.14%
Current Drawdown Current decline from peak	-56.94%	-84.49%	+27.55%
Average Drawdown Average peak-to-trough decline	-68.57%	-66.20%	-2.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.34%	37.12%	-22.78%

Volatility

TALK vs. LTRN - Volatility Comparison

The current volatility for Talkspace, Inc. (TALK) is 0.90%, while Lantern Pharma Inc. (LTRN) has a volatility of 33.75%. This indicates that TALK experiences smaller price fluctuations and is considered to be less risky than LTRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TALK	LTRN	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.90%	33.75%	-32.85%
Volatility (6M) Calculated over the trailing 6-month period	31.23%	89.61%	-58.38%
Volatility (1Y) Calculated over the trailing 1-year period	47.71%	96.91%	-49.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.27%	85.34%	-16.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.94%	85.19%	-20.25%

Dividends

TALK vs. LTRN - Dividend Comparison

Neither TALK nor LTRN has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both TALK and LTRN in my portfolio?

TALK and LTRN have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TALK or LTRN?

LTRN has higher volatility (33.75%) compared to TALK (0.90%). In terms of maximum drawdown, TALK dropped -95.17% vs LTRN's -94.89%.

Which has better risk-adjusted returns?

TALK currently has the higher Sharpe Ratio (1.11 vs 0.06), 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.