TRIP vs. NPCE

Last updated Apr 1, 2026

Compare and contrast key facts about TripAdvisor, Inc. (TRIP) and NeuroPace, Inc. (NPCE).

Performance

TRIP vs. NPCE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TripAdvisor, Inc. (TRIP) and NeuroPace, Inc. (NPCE). The values are adjusted to include any dividend payments, if applicable.

TRIP vs. NPCE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TRIP TripAdvisor, Inc.	-26.79%	-1.42%	-31.40%	19.74%	-34.04%	-45.11%
NPCE NeuroPace, Inc.	-14.83%	37.98%	8.54%	591.95%	-85.22%	-59.62%

Fundamentals

Market Cap TRIP : $1.24B NPCE : $430.30M
EPS TRIP : $0.32 NPCE : -$0.97
PS Ratio TRIP : 0.70 NPCE : 4.33
PB Ratio TRIP : 1.92 NPCE : 22.61
Total Revenue (TTM) TRIP : $1.89B NPCE : $99.99M
Gross Profit (TTM) TRIP : $1.61B NPCE : $77.22M
EBITDA (TTM) TRIP : $227.00M NPCE : -$16.34M

Returns By Period

In the year-to-date period, TRIP achieves a -26.79% return, which is significantly lower than NPCE's -14.83% return.

TRIP

• 1D: 2.60%
• 1M: 5.44%
• YTD: -26.79%
• 6M: -34.44%
• 1Y: -24.77%
• 3Y*: -18.73%
• 5Y*: -28.04%
• 10Y*: -15.84%

NPCE

• 1D: 2.41%
• 1M: -9.81%
• YTD: -14.83%
• 6M: 27.55%
• 1Y: 7.00%
• 3Y*: 41.52%
• 5Y*: —
• 10Y*: —

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

Return for Risk

TRIP vs. NPCE — Risk / Return Rank

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

TRIP

TRIP Risk / Return Rank: 24
TRIP Sharpe Ratio Rank: 23
TRIP Sortino Ratio Rank: 23
TRIP Omega Ratio Rank: 24
TRIP Calmar Ratio Rank: 27
TRIP Martin Ratio Rank: 24

NPCE

NPCE Risk / Return Rank: 46
NPCE Sharpe Ratio Rank: 45
NPCE Sortino Ratio Rank: 48
NPCE Omega Ratio Rank: 48
NPCE Calmar Ratio Rank: 46
NPCE Martin Ratio Rank: 45

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.

TRIP vs. NPCE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TripAdvisor, Inc. (TRIP) and NeuroPace, Inc. (NPCE). 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.

	TRIP	NPCE	Difference
Sharpe ratio Return per unit of total volatility	-0.42	0.10	-0.52
Sortino ratio Return per unit of downside risk	-0.29	0.71	-1.00
Omega ratio Gain probability vs. loss probability	0.96	1.10	-0.13
Calmar ratio Return relative to maximum drawdown	-0.47	0.20	-0.67
Martin ratio Return relative to average drawdown	-1.03	0.34	-1.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TRIP vs. NPCE - Sharpe Ratio Comparison

The current TRIP Sharpe Ratio is -0.42, which is lower than the NPCE Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of TRIP and NPCE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TRIP	NPCE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.42	0.10	-0.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.55	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	-0.15	+0.03

Correlation

The correlation between TRIP and NPCE is 0.21, 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.

Dividends

TRIP vs. NPCE - Dividend Comparison

Neither TRIP nor NPCE has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
TRIP TripAdvisor, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	11.52%
NPCE NeuroPace, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

TRIP vs. NPCE - Drawdown Comparison

The maximum TRIP drawdown since its inception was -90.57%, roughly equal to the maximum NPCE drawdown of -95.13%. Use the drawdown chart below to compare losses from any high point for TRIP and NPCE.

Drawdown Indicators

	TRIP	NPCE	Difference
Max Drawdown Largest peak-to-trough decline	-90.57%	-95.13%	+4.56%
Max Drawdown (1Y) Largest decline over 1 year	-51.72%	-54.50%	+2.78%
Max Drawdown (5Y) Largest decline over 5 years	-83.73%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-85.46%	—	—
Current Drawdown Current decline from peak	-89.12%	-50.38%	-38.74%
Average Drawdown Average peak-to-trough decline	-53.46%	-61.95%	+8.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.58%	32.28%	-8.70%

Volatility

TRIP vs. NPCE - Volatility Comparison

TripAdvisor, Inc. (TRIP) has a higher volatility of 14.37% compared to NeuroPace, Inc. (NPCE) at 10.34%. This indicates that TRIP's price experiences larger fluctuations and is considered to be riskier than NPCE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRIP	NPCE	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.37%	10.34%	+4.03%
Volatility (6M) Calculated over the trailing 6-month period	37.71%	45.95%	-8.24%
Volatility (1Y) Calculated over the trailing 1-year period	58.78%	71.12%	-12.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.54%	84.22%	-32.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.14%	84.22%	-32.08%

Financials

TRIP vs. NPCE - Profitability Comparison

The chart below illustrates the profitability comparison between TripAdvisor, Inc. and NeuroPace, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TRIP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, TripAdvisor, Inc. reported a gross profit of 243.00M and revenue of 411.00M. Therefore, the gross margin over that period was 59.1%.

NPCE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, NeuroPace, Inc. reported a gross profit of 20.58M and revenue of 26.59M. Therefore, the gross margin over that period was 77.4%.

TRIP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, TripAdvisor, Inc. reported an operating income of -34.00M and revenue of 411.00M, resulting in an operating margin of -8.3%.

NPCE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, NeuroPace, Inc. reported an operating income of -1.77M and revenue of 26.59M, resulting in an operating margin of -6.7%.

TRIP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, TripAdvisor, Inc. reported a net income of -38.00M and revenue of 411.00M, resulting in a net margin of -9.3%.

NPCE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, NeuroPace, Inc. reported a net income of -13.18M and revenue of 26.59M, resulting in a net margin of -49.6%.