IXHL vs LASE
Comparison between Incannex Healthcare Inc (IXHL, Company) and Laser Photonics Corp (LASE, Company).
IXHL is from the Healthcare sector, while LASE is from the Industrials sector.
IXHL vs LASE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
IXHL
$43M
LASE
$42M
Max Drawdown
IXHL
99.03%
Winner
LASE
96.80%
Sharpe Ratio
IXHL
-0.53
Winner
LASE
0.42
5Y Beta
Winner
IXHL
0.30
LASE
1.56
Industry
IXHL
Drug Manufacturers - Specialty & Generic
LASE
Specialty Industrial Machinery
P/E Ratio
IXHL
-0.50
Winner
LASE
-1.56
Forward P/E
IXHL
3.78
LASE
N/A
PEG Ratio
IXHL
N/A
LASE
-0.01
Debt to Equity
IXHL
0.00%
LASE
0.00%
Free Cash Flow Yield
IXHL
-41.54%
Winner
LASE
-16.70%
P/S Ratio
IXHL
7764.11
Winner
LASE
7.15
P/B Ratio
Winner
IXHL
0.51
LASE
6.14
IXHL vs LASE - Historical Returns
Returns include dividend reinvestment.
1M
Winner
IXHL
-4.53%
LASE
-48.61%
3M
IXHL
-16.62%
Winner
LASE
+14.43%
6M
IXHL
-69.39%
Winner
LASE
-56.98%
1Y
IXHL
-89.57%
Winner
LASE
-62.63%
Max(CAGR)
IXHL
-80.54%
Winner
LASE
-19.85%
IXHL vs LASE - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | IXHL | LASE |
|---|---|---|
| 2026 | -72.99% | -44.50% |
| 2025 | -82.23% | -55.42% |
| 2024 | -51.82% | +416.07% |
| 2023 | -41.93% | -41.87% |
| 2022 | N/A | -20.93% |
IXHL vs LASE Drawdown Comparison
The maximum drawdown for IXHL was -99.03%, occurring on May 12, 2025. This drawdown has not yet recovered.
The maximum drawdown for LASE was -96.80%, occurring on Feb 6, 2026. This drawdown has not yet recovered.
The current IXHL drawdown is -98.79%. The current LASE drawdown is -94.10%.
| Rank | IXHL | LASE |
|---|---|---|
| #1 | -99.03% Dec 5, 2023 - May 12, 2025 | -96.80% Sep 23, 2024 - Feb 6, 2026 |
| #2 | -34.54% Nov 30, 2023 - Dec 5, 2023 | -90.06% Feb 3, 2023 - Sep 10, 2024 |
| #3 | N/A | -68.74% Oct 14, 2022 - Jan 30, 2023 |
| #4 | N/A | -40.87% Sep 10, 2024 - Sep 20, 2024 |
| #5 | N/A | -27.52% Sep 30, 2022 - Oct 11, 2022 |
Correlation
Correlation between IXHL and LASE is -0.06 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.06
-101
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