FRBNU vs ANL

Comparison between Forbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War) (FRBNU, Company) and Adlai Nortye Ltd (ANL, Company).

FRBNU vs ANL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FRBNU(COMPANY)	ANL(COMPANY)
Market Cap	$316M	$317M
Max Drawdown	35.21%	94.13%
Sharpe Ratio	0.94	2.04
5Y Beta	N/A	1.09
Industry	N/A	Biotechnology
P/E Ratio	-90.52	N/A
Free Cash Flow Yield	-0.64%	N/A
P/S Ratio	N/A	13.52
P/B Ratio	-20.72	38.65

Market Cap

FRBNU

$316M

Winner

ANL

$317M

Max Drawdown

Winner

FRBNU

35.21%

ANL

94.13%

Sharpe Ratio

FRBNU

0.94

Winner

ANL

2.04

5Y Beta

FRBNU

N/A

ANL

1.09

Industry

FRBNU

N/A

ANL

Biotechnology

P/E Ratio

FRBNU

-90.52

ANL

N/A

Free Cash Flow Yield

FRBNU

-0.64%

ANL

N/A

P/S Ratio

FRBNU

N/A

ANL

13.52

P/B Ratio

Winner

FRBNU

-20.72

ANL

38.65

FRBNU vs ANL - Historical Returns

Returns include dividend reinvestment.

Period	FRBNU	ANL
1 month	+79.05%	+11.22%
3 months	+83.32%	+4.27%
6 months	+89.57%	+265.71%
1 year	+96.85%	+796.82%
Max(CAGR)	+44.40%	-5.74%

Winner

FRBNU

+79.05%

ANL

+11.22%

Winner

FRBNU

+83.32%

ANL

+4.27%

FRBNU

+89.57%

Winner

ANL

+265.71%

FRBNU

+96.85%

Winner

ANL

+796.82%

Max(CAGR)

Winner

FRBNU

+44.40%

ANL

-5.74%

FRBNU vs ANL - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	FRBNU	ANL
2026	N/A	+819.57%
2025	N/A	-41.80%
2024	N/A	-70.91%
2023	+93.61%	-40.07%
2022	+2.28%	N/A
2021	+0.50%	N/A

FRBNU vs ANL Drawdown Comparison

The maximum drawdown for FRBNU was -35.21%, occurring on Oct 25, 2023. Recovery took 2 trading sessions.

The maximum drawdown for ANL was -94.13%, occurring on Dec 8, 2025. Recovery took 635 trading sessions.

The current FRBNU drawdown is -28.57%. The current ANL drawdown is -23.55%.

Rank	FRBNU	ANL
#1	-35.21% Oct 24, 2023 - Oct 26, 2023	-94.13% Sep 29, 2023 - Apr 14, 2026
#2	-32.61% Oct 27, 2023 - Oct 30, 2023	-44.58% Apr 20, 2026 - Jul 14, 2026
#3	-11.37% Oct 2, 2023 - Oct 24, 2023	-15.50% Apr 14, 2026 - Apr 17, 2026
#4	-4.86% May 5, 2023 - Oct 2, 2023	N/A
#5	-2.64% Apr 19, 2023 - May 5, 2023	N/A
#6	-2.17% Jan 4, 2022 - Oct 31, 2022	N/A
#7	-1.82% Dec 13, 2022 - Feb 23, 2023	N/A
#8	-1.29% Dec 14, 2021 - Jan 4, 2022	N/A
#9	-0.39% Nov 17, 2022 - Dec 6, 2022	N/A
#10	-0.10% Mar 8, 2023 - Apr 3, 2023	N/A
#11	-0.09% Apr 14, 2023 - Apr 19, 2023	N/A

Correlation

Correlation between FRBNU and ANL is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101