EGHT vs SMTI
Comparison between 8X8 Inc (EGHT, Company) and Sanara MedTech Inc (SMTI, Company).
EGHT is from the Technology sector, while SMTI is from the Healthcare sector.
5-Year PerformanceSMTI has outperformed EGHT, delivering a return of -3.7% compared to -40.9%
EGHT vs SMTI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
EGHT vs SMTI - Historical Returns
Returns include dividend reinvestment.
EGHT vs SMTI - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | EGHT | SMTI |
|---|---|---|
| 2026 | -2.12% | +47.45% |
| 2025 | -25.94% | -29.46% |
| 2024 | -27.25% | -18.91% |
| 2023 | -12.90% | +1.48% |
| 2022 | -75.61% | +47.78% |
| 2021 | -50.34% | -35.30% |
| 2020 | +85.02% | +212.85% |
| 2019 | +2.87% | +348.47% |
| 2018 | +25.28% | -45.58% |
| 2017 | -3.42% | +58.31% |
| 2016 | +32.28% | -43.43% |
| 2015 | +26.38% | +53.38% |
| 2014 | -8.12% | -47.12% |
| 2013 | +35.88% | +162.50% |
| 2012 | +117.70% | -89.74% |
| 2011 | +24.80% | -24.04% |
| 2010 | +53.55% | N/A |
| 2009 | +232.59% | N/A |
| 2008 | -52.65% | N/A |
| 2007 | -23.28% | N/A |
| 2006 | -36.76% | N/A |
| 2005 | -54.66% | N/A |
| 2004 | -9.96% | N/A |
| 2003 | +1834.78% | N/A |
| 2002 | -77.08% | N/A |
| 2001 | -49.14% | N/A |
| 2000 | -69.23% | N/A |
| 1999 | +25.18% | N/A |
EGHT vs SMTI Drawdown Comparison
The maximum drawdown for EGHT was -99.48%, occurring on Feb 4, 2003. Recovery took 5236 trading sessions.
The maximum drawdown for SMTI was -97.48%, occurring on Dec 10, 2018. This drawdown has not yet recovered.
The current EGHT drawdown is -95.15%. The current SMTI drawdown is -57.16%.
| Rank | EGHT | SMTI |
|---|---|---|
| #1 | -99.48% Mar 6, 2000 - Dec 24, 2020 | -97.48% Mar 9, 2011 - Dec 10, 2018 |
| #2 | -95.86% Jan 25, 2021 - Apr 16, 2025 | -14.47% Mar 7, 2011 - Mar 9, 2011 |
| #3 | -22.29% Jan 25, 2000 - Feb 8, 2000 | -13.33% Feb 23, 2011 - Mar 1, 2011 |
| #4 | -20.44% Dec 10, 1999 - Jan 3, 2000 | -2.44% Mar 1, 2011 - Mar 4, 2011 |
| #5 | -16.40% Jan 7, 2000 - Jan 18, 2000 | N/A |
| #6 | -14.47% Nov 22, 1999 - Dec 9, 1999 | N/A |
| #7 | -10.58% Feb 16, 2000 - Feb 28, 2000 | N/A |
| #8 | -7.19% Jan 18, 2000 - Jan 24, 2000 | N/A |
| #9 | -7.19% Jan 3, 2000 - Jan 6, 2000 | N/A |
| #10 | -7.07% Feb 29, 2000 - Mar 6, 2000 | N/A |
| #11 | -5.97% Nov 8, 1999 - Nov 18, 1999 | N/A |
| #12 | -4.87% Dec 24, 2020 - Jan 8, 2021 | N/A |
| #13 | -3.54% Feb 8, 2000 - Feb 11, 2000 | N/A |
| #14 | -2.30% Nov 1, 1999 - Nov 8, 1999 | N/A |
| #15 | -2.20% Jan 20, 2021 - Jan 25, 2021 | N/A |
Correlation
Correlation between EGHT and SMTI is -0.30 which considered as a very weak or no correlation - the stocks move independently of each other.
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