HRTX vs NOEMU

Comparison between Heron Therapeutics Inc (HRTX, Company) and CO2 Energy Transition Corp - Units (1 Ord1 War & 1 Rts) (NOEMU, Company).

HRTX is from the Healthcare sector, while NOEMU is from the Financial Services sector.

HRTX vs NOEMU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HRTX(COMPANY)	NOEMU(COMPANY)
Market Cap	$77M	$78M
Max Drawdown	99.91%	10.47%
Sharpe Ratio	-1.56	0.38
5Y Beta	1.27	-0.04
Industry	Biotechnology	Shell Companies
P/E Ratio	-2.84	49.92
Forward P/E	46.95	N/A
PEG Ratio	-0.18	0.19
Debt to Equity	0.00%	0.02%
Free Cash Flow Yield	-26.93%	-1.99%
P/S Ratio	0.51	N/A
P/B Ratio	9.36	N/A

Market Cap

HRTX

$77M

Winner

NOEMU

$78M

Max Drawdown

HRTX

99.91%

Winner

NOEMU

10.47%

Sharpe Ratio

HRTX

-1.56

Winner

NOEMU

0.38

5Y Beta

HRTX

1.27

Winner

NOEMU

-0.04

Industry

HRTX

Biotechnology

NOEMU

Shell Companies

P/E Ratio

Winner

HRTX

-2.84

NOEMU

49.92

Forward P/E

HRTX

46.95

NOEMU

N/A

PEG Ratio

Winner

HRTX

-0.18

NOEMU

0.19

Debt to Equity

Winner

HRTX

0.00%

NOEMU

0.02%

Free Cash Flow Yield

HRTX

-26.93%

Winner

NOEMU

-1.99%

P/S Ratio

HRTX

0.51

NOEMU

N/A

P/B Ratio

HRTX

9.36

NOEMU

N/A

HRTX vs NOEMU - Historical Returns

Returns include dividend reinvestment.

Period	HRTX	NOEMU
1 month	-58.50%	-4.98%
3 months	-56.88%	+0.81%
6 months	-70.80%	+0.81%
1 year	-80.09%	+8.91%
5 years(CAGR)	-51.80%	N/A
10 years(CAGR)	-31.72%	N/A
Max(CAGR)	-22.07%	+8.01%

HRTX

-58.50%

Winner

NOEMU

-4.98%

HRTX

-56.88%

Winner

NOEMU

+0.81%

HRTX

-70.80%

Winner

NOEMU

+0.81%

HRTX

-80.09%

Winner

NOEMU

+8.91%

5Y(CAGR)

HRTX

-51.80%

NOEMU

N/A

10Y(CAGR)

HRTX

-31.72%

NOEMU

N/A

Max(CAGR)

HRTX

-22.07%

Winner

NOEMU

+8.01%

HRTX vs NOEMU - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HRTX	NOEMU
2026	-68.25%	+0.81%
2025	-18.75%	+11.27%
2024	-19.05%	+0.40%
2023	-30.04%	N/A
2022	-74.85%	N/A
2021	-55.94%	N/A
2020	-8.69%	N/A
2019	-9.62%	N/A
2018	+40.22%	N/A
2017	+35.07%	N/A
2016	-47.73%	N/A
2015	+167.80%	N/A
2014	+9.35%	N/A
2013	-20.54%	N/A
2012	+136.96%	N/A
2011	-51.06%	N/A
2010	-67.77%	N/A
2009	+152.20%	N/A
2008	-73.58%	N/A
2007	-71.58%	N/A
2006	-11.04%	N/A
2005	-6.13%	N/A
2004	-28.26%	N/A
2003	+145.00%	N/A
2002	-61.54%	N/A
2001	+21.05%	N/A
2000	-34.48%	N/A
1999	-9.83%	N/A

HRTX vs NOEMU Drawdown Comparison

The maximum drawdown for HRTX was -99.91%, occurring on Jun 12, 2026. This drawdown has not yet recovered.

The maximum drawdown for NOEMU was -10.47%, occurring on May 26, 2026. This drawdown has not yet recovered.

The current HRTX drawdown is -99.91%. The current NOEMU drawdown is -4.98%.

Rank	HRTX	NOEMU
#1	-99.91% Mar 9, 2000 - Jun 12, 2026	-10.47% Apr 28, 2026 - May 26, 2026
#2	-30.17% Nov 3, 1999 - Jan 10, 2000	-3.62% Jan 24, 2025 - Jul 2, 2025
#3	-16.43% Jan 10, 2000 - Feb 8, 2000	-1.79% Oct 17, 2025 - Apr 28, 2026
#4	-14.61% Mar 3, 2000 - Mar 9, 2000	-0.40% Dec 23, 2024 - Jan 8, 2025
#5	-13.51% Feb 9, 2000 - Mar 3, 2000	-0.20% Jan 15, 2025 - Jan 24, 2025
#6	-1.65% Nov 1, 1999 - Nov 3, 1999	-0.15% Jul 14, 2025 - Oct 17, 2025
#7	N/A	-0.11% Dec 4, 2024 - Dec 20, 2024
#8	N/A	-0.08% Nov 25, 2024 - Nov 29, 2024

Correlation

Correlation between HRTX and NOEMU is -0.65 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.65

-101