AHRNU vs SNWV

Comparison between Ahren Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) (AHRNU, Company) and Sanuwave Health Inc (SNWV, Company).

AHRNU vs SNWV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AHRNU(COMPANY)	SNWV(COMPANY)
Market Cap	$79M	$79M
Max Drawdown	4.88%	99.77%
Sharpe Ratio	0.07	-1.05
5Y Beta	N/A	1.12
Industry	N/A	Medical Devices
P/E Ratio	66.45	4.79
Forward P/E	N/A	18.25
Debt to Equity	N/A	1116.00%
Free Cash Flow Yield	4.88%	5.04%
P/B Ratio	-17.53	N/A

Market Cap

AHRNU

$79M

Winner

SNWV

$79M

Max Drawdown

Winner

AHRNU

4.88%

SNWV

99.77%

Sharpe Ratio

Winner

AHRNU

0.07

SNWV

-1.05

5Y Beta

AHRNU

N/A

SNWV

1.12

Industry

AHRNU

N/A

SNWV

Medical Devices

P/E Ratio

AHRNU

66.45

Winner

SNWV

4.79

Forward P/E

AHRNU

N/A

SNWV

18.25

Debt to Equity

AHRNU

N/A

SNWV

1116.00%

Free Cash Flow Yield

AHRNU

4.88%

Winner

SNWV

5.04%

P/B Ratio

AHRNU

-17.53

SNWV

N/A

AHRNU vs SNWV - Historical Returns

Returns include dividend reinvestment.

Period	AHRNU	SNWV
1 month	+0.19%	-45.37%
3 months	+1.15%	-56.29%
6 months	+3.43%	-71.95%
1 year	+5.50%	-72.09%
5 years(CAGR)	N/A	-33.30%
10 years(CAGR)	N/A	-4.76%
Max(CAGR)	+3.63%	-16.19%

Winner

AHRNU

+0.19%

SNWV

-45.37%

Winner

AHRNU

+1.15%

SNWV

-56.29%

Winner

AHRNU

+3.43%

SNWV

-71.95%

Winner

AHRNU

+5.50%

SNWV

-72.09%

5Y(CAGR)

AHRNU

N/A

SNWV

-33.30%

10Y(CAGR)

AHRNU

N/A

SNWV

-4.76%

Max(CAGR)

Winner

AHRNU

+3.63%

SNWV

-16.19%

AHRNU vs SNWV - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	AHRNU	SNWV
2026	N/A	-68.12%
2025	N/A	+35.64%
2024	N/A	+240.74%
2023	+3.33%	-56.67%
2022	+1.90%	-86.59%
2021	+0.20%	-8.60%
2020	N/A	+8.82%
2019	N/A	-28.74%
2018	N/A	-8.00%
2017	N/A	+38.25%
2016	N/A	+130.13%
2015	N/A	-63.89%

AHRNU vs SNWV Drawdown Comparison

The maximum drawdown for AHRNU was -4.88%, occurring on Feb 1, 2023. This drawdown has not yet recovered.

The maximum drawdown for SNWV was -99.77%, occurring on May 6, 2022. This drawdown has not yet recovered.

The current AHRNU drawdown is -2.85%. The current SNWV drawdown is -95.97%.

Rank	AHRNU	SNWV
#1	-4.88% Jan 31, 2023 - Feb 1, 2023	-99.77% Apr 4, 2018 - May 6, 2022
#2	-1.29% Feb 1, 2022 - Feb 17, 2022	-85.42% Jun 26, 2015 - Jan 2, 2018
#3	-1.21% Apr 4, 2022 - Oct 19, 2022	-64.44% Mar 10, 2015 - Jun 25, 2015
#4	-1.14% Feb 17, 2022 - Apr 4, 2022	-36.00% Jan 2, 2018 - Feb 16, 2018
#5	-0.80% Jan 5, 2022 - Feb 1, 2022	-18.18% Mar 12, 2018 - Apr 4, 2018
#6	-0.20% Oct 19, 2022 - Nov 9, 2022	-6.82% Mar 6, 2018 - Mar 12, 2018
#7	-0.19% Jan 18, 2023 - Jan 26, 2023	-6.06% Feb 23, 2018 - Mar 2, 2018
#8	-0.10% Dec 20, 2021 - Dec 23, 2021	N/A
#9	-0.10% Dec 23, 2021 - Jan 5, 2022	N/A
#10	-0.10% Jan 26, 2023 - Jan 31, 2023	N/A

Correlation

Correlation between AHRNU and SNWV is -0.58 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.58

-101