Correlation
The correlation between XBIT and XBIO is 0.12, 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.
XBIT vs. XBIO
Compare and contrast key facts about XBiotech Inc. (XBIT) and Xenetic Biosciences, Inc. (XBIO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XBIT or XBIO.
Performance
XBIT vs. XBIO - Performance Comparison
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Key characteristics
XBIT:
-0.77
XBIO:
-0.29
XBIT:
-1.08
XBIO:
-0.02
XBIT:
0.87
XBIO:
1.00
XBIT:
-0.71
XBIO:
-0.21
XBIT:
-1.54
XBIO:
-1.03
XBIT:
41.28%
XBIO:
20.85%
XBIT:
80.58%
XBIO:
68.42%
XBIT:
-92.67%
XBIO:
-99.94%
XBIT:
-89.50%
XBIO:
-99.92%
Fundamentals
XBIT:
$86.89M
XBIO:
$4.63M
XBIT:
-$1.29
XBIO:
-$2.38
XBIT:
0.00
XBIO:
0.00
XBIT:
12.23
XBIO:
1.79
XBIT:
0.50
XBIO:
0.90
XBIT:
$867.00K
XBIO:
$2.58M
XBIT:
$432.00K
XBIO:
$2.64M
XBIT:
-$42.35M
XBIO:
-$3.88M
Returns By Period
In the year-to-date period, XBIT achieves a -27.85% return, which is significantly lower than XBIO's -24.81% return. Over the past 10 years, XBIT has outperformed XBIO with an annualized return of -16.12%, while XBIO has yielded a comparatively lower -42.74% annualized return.
XBIT
-27.85%
-2.73%
-62.55%
-60.69%
-19.68%
-25.03%
-16.12%
XBIO
-24.81%
9.89%
-29.58%
-23.08%
-27.74%
-21.47%
-42.74%
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Risk-Adjusted Performance
XBIT vs. XBIO — Risk-Adjusted Performance Rank
XBIT
XBIO
XBIT vs. XBIO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for XBiotech Inc. (XBIT) and Xenetic Biosciences, Inc. (XBIO). 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.
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Dividends
XBIT vs. XBIO - Dividend Comparison
Neither XBIT nor XBIO has paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | |
---|---|---|---|---|---|
XBIT XBiotech Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 22.46% |
XBIO Xenetic Biosciences, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XBIT vs. XBIO - Drawdown Comparison
The maximum XBIT drawdown since its inception was -92.67%, smaller than the maximum XBIO drawdown of -99.94%. Use the drawdown chart below to compare losses from any high point for XBIT and XBIO.
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Volatility
XBIT vs. XBIO - Volatility Comparison
The current volatility for XBiotech Inc. (XBIT) is 12.20%, while Xenetic Biosciences, Inc. (XBIO) has a volatility of 13.89%. This indicates that XBIT experiences smaller price fluctuations and is considered to be less risky than XBIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
XBIT vs. XBIO - Financials Comparison
This section allows you to compare key financial metrics between XBiotech Inc. and Xenetic Biosciences, 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