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

Correlation

The correlation between TRML and SLNO 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.


-0.50.00.51.00.2

Performance

TRML vs. SLNO - Performance Comparison

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

-20.00%0.00%20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
38.21%
9.77%
TRML
SLNO

Key characteristics

Sharpe Ratio

TRML:

0.14

SLNO:

0.45

Sortino Ratio

TRML:

0.78

SLNO:

1.06

Omega Ratio

TRML:

1.11

SLNO:

1.12

Calmar Ratio

TRML:

0.13

SLNO:

0.27

Martin Ratio

TRML:

0.22

SLNO:

1.90

Ulcer Index

TRML:

51.02%

SLNO:

13.36%

Daily Std Dev

TRML:

83.40%

SLNO:

57.06%

Max Drawdown

TRML:

-94.97%

SLNO:

-99.86%

Current Drawdown

TRML:

-74.41%

SLNO:

-93.12%

Fundamentals

Market Cap

TRML:

$566.70M

SLNO:

$2.07B

EPS

TRML:

-$2.49

SLNO:

-$2.79

Total Revenue (TTM)

TRML:

$2.28M

SLNO:

$3.45M

Gross Profit (TTM)

TRML:

$1.12M

SLNO:

$1.97M

EBITDA (TTM)

TRML:

-$71.01M

SLNO:

-$136.50M

Returns By Period

In the year-to-date period, TRML achieves a -19.21% return, which is significantly lower than SLNO's 12.22% return.


TRML

YTD

-19.21%

1M

-10.00%

6M

39.97%

1Y

11.32%

5Y*

N/A

10Y*

N/A

SLNO

YTD

12.22%

1M

-12.78%

6M

10.74%

1Y

25.44%

5Y*

11.74%

10Y*

-9.61%

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Risk-Adjusted Performance

TRML vs. SLNO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tourmaline Bio Inc. (TRML) and Soleno Therapeutics, Inc. (SLNO). 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 TRML, currently valued at 0.14, compared to the broader market-4.00-2.000.002.000.140.45
The chart of Sortino ratio for TRML, currently valued at 0.78, compared to the broader market-4.00-2.000.002.004.000.781.06
The chart of Omega ratio for TRML, currently valued at 1.11, compared to the broader market0.501.001.502.001.111.12
The chart of Calmar ratio for TRML, currently valued at 0.13, compared to the broader market0.002.004.006.000.130.88
The chart of Martin ratio for TRML, currently valued at 0.22, compared to the broader market-5.000.005.0010.0015.0020.0025.000.221.90
TRML
SLNO

The current TRML Sharpe Ratio is 0.14, which is lower than the SLNO Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of TRML and SLNO, 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 Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.14
0.45
TRML
SLNO

Dividends

TRML vs. SLNO - Dividend Comparison

Neither TRML nor SLNO has paid dividends to shareholders.


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

Drawdowns

TRML vs. SLNO - Drawdown Comparison

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


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-74.41%
-23.67%
TRML
SLNO

Volatility

TRML vs. SLNO - Volatility Comparison

Tourmaline Bio Inc. (TRML) has a higher volatility of 21.42% compared to Soleno Therapeutics, Inc. (SLNO) at 12.79%. This indicates that TRML's price experiences larger fluctuations and is considered to be riskier than SLNO 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
21.42%
12.79%
TRML
SLNO

Financials

TRML vs. SLNO - Financials Comparison

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


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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