VERU vs. NCSM

Last updated Jun 4, 2026

VERU (Veru Inc.) and NCSM (NCS Multistage Holdings, Inc.) are both stocks. VERU operates in Biotechnology (Healthcare), while NCSM operates in Oil & Gas Equipment & Services (Energy). Over the past 5 years, VERU returned -51.89%/yr vs 12.81%/yr for NCSM. At a 0.08 correlation, their price movements are largely independent.

Performance

VERU vs. NCSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Veru Inc. (VERU) and NCS Multistage Holdings, Inc. (NCSM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VERU achieves a 5.14% return, which is significantly lower than NCSM's 41.10% return.

VERU

• 1D: -4.26%
• 1M: 0.00%
• YTD: 5.14%
• 6M: -7.02%
• 1Y: -63.50%
• 3Y*: -39.97%
• 5Y*: -51.89%
• 10Y*: -16.59%

NCSM

• 1D: 0.22%
• 1M: 25.16%
• YTD: 41.10%
• 6M: 48.90%
• 1Y: 91.87%
• 3Y*: 48.54%
• 5Y*: 12.81%
• 10Y*: —

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

VERU vs. NCSM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VERU Veru Inc.	5.14%	-67.10%	-9.65%	-86.36%	-10.36%	-31.91%	158.21%	139.29%	22.81%	10.68%
NCSM NCS Multistage Holdings, Inc.	41.10%	52.12%	45.43%	-28.60%	-13.76%	28.79%	-46.40%	-58.74%	-65.47%	-26.34%

Correlation

The correlation between VERU and NCSM is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (All Time) Calculated using the full available price history since May 1, 2017	0.08

Fundamentals

Market Cap VERU : $48.73M NCSM : $146.49M
EPS VERU : -$0.78 NCSM : $7.89
PS Ratio VERU : 132.12 NCSM : 0.84
PB Ratio VERU : 1.40 NCSM : 1.17
Total Revenue (TTM) VERU : $303.45K NCSM : $180.36M
Gross Profit (TTM) VERU : -$57.90K NCSM : $68.33M
EBITDA (TTM) VERU : -$8.20M NCSM : $11.99M

Return for Risk

VERU vs. NCSM — Risk / Return Rank

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

VERU

VERU Risk / Return Rank: 8
VERU Sharpe Ratio Rank: 5
VERU Sortino Ratio Rank: 6
VERU Omega Ratio Rank: 7
VERU Calmar Ratio Rank: 6
VERU Martin Ratio Rank: 16

NCSM

NCSM Risk / Return Rank: 74
NCSM Sharpe Ratio Rank: 76
NCSM Sortino Ratio Rank: 74
NCSM Omega Ratio Rank: 76
NCSM Calmar Ratio Rank: 71
NCSM Martin Ratio Rank: 71

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.

VERU vs. NCSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Veru Inc. (VERU) and NCS Multistage Holdings, Inc. (NCSM). 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.

	VERU	NCSM	Difference
Sharpe ratio Return per unit of total volatility	-0.96	1.23	-2.19
Sortino ratio Return per unit of downside risk	-1.47	1.94	-3.41
Omega ratio Gain probability vs. loss probability	0.82	1.28	-0.46
Calmar ratio Return relative to maximum drawdown	-0.91	1.73	-2.64
Martin ratio Return relative to average drawdown	-1.14	4.07	-5.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VERU vs. NCSM - Sharpe Ratio Comparison

The current VERU Sharpe Ratio is -0.96, which is lower than the NCSM Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of VERU and NCSM, 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

	VERU	NCSM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.96	1.23	-2.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.40	0.21	-0.61
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	-0.25	+0.18

Drawdowns

VERU vs. NCSM - Drawdown Comparison

The maximum VERU drawdown since its inception was -99.12%, roughly equal to the maximum NCSM drawdown of -98.58%. Use the drawdown chart below to compare losses from any high point for VERU and NCSM.

Drawdown Indicators

	VERU	NCSM	Difference
Max Drawdown Largest peak-to-trough decline	-99.12%	-98.58%	-0.54%
Max Drawdown (1Y) Largest decline over 1 year	-69.93%	-53.25%	-16.68%
Max Drawdown (3Y) Largest decline over 3 years	-88.32%	-53.25%	-35.07%
Max Drawdown (5Y) Largest decline over 5 years	-99.12%	-78.56%	-20.56%
Max Drawdown (10Y) Largest decline over 10 years	-99.12%	—	—
Current Drawdown Current decline from peak	-99.05%	-89.70%	-9.35%
Average Drawdown Average peak-to-trough decline	-54.03%	-83.22%	+29.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	55.60%	22.65%	+32.95%

Volatility

VERU vs. NCSM - Volatility Comparison

The current volatility for Veru Inc. (VERU) is 12.96%, while NCS Multistage Holdings, Inc. (NCSM) has a volatility of 23.60%. This indicates that VERU experiences smaller price fluctuations and is considered to be less risky than NCSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VERU	NCSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.96%	23.60%	-10.64%
Volatility (6M) Calculated over the trailing 6-month period	37.19%	60.75%	-23.56%
Volatility (1Y) Calculated over the trailing 1-year period	67.00%	74.92%	-7.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	130.61%	62.31%	+68.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	108.99%	78.04%	+30.95%

Dividends

VERU vs. NCSM - Dividend Comparison

Neither VERU nor NCSM has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both VERU and NCSM in my portfolio?

VERU and NCSM have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VERU or NCSM?

NCSM has higher volatility (23.60%) compared to VERU (12.96%). In terms of maximum drawdown, VERU dropped -99.12% vs NCSM's -98.58%.

Which has better risk-adjusted returns?

NCSM currently has the higher Sharpe Ratio (1.23 vs -0.96), 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.