IXHL vs MIND

Comparison between Incannex Healthcare Inc (IXHL, Company) and MIND Technology Inc (MIND, Company).

IXHL is from the Healthcare sector, while MIND is from the Technology sector.

IXHL vs MIND - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IXHL(COMPANY)	MIND(COMPANY)
Market Cap	$44M	$45M
Max Drawdown	99.03%	98.78%
Sharpe Ratio	0.51	-0.29
5Y Beta	0.30	1.36
Industry	Drug Manufacturers - Specialty & Generic	Scientific & Technical Instruments
P/E Ratio	-0.52	28.17
Forward P/E	3.78	105.26
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	-39.88%	-7.41%

Market Cap

IXHL

$44M

Winner

MIND

$45M

Max Drawdown

IXHL

99.03%

Winner

MIND

98.78%

Sharpe Ratio

Winner

IXHL

0.51

MIND

-0.29

5Y Beta

Winner

IXHL

0.30

MIND

1.36

Industry

IXHL

Drug Manufacturers - Specialty & Generic

MIND

Scientific & Technical Instruments

P/E Ratio

Winner

IXHL

-0.52

MIND

28.17

Forward P/E

Winner

IXHL

3.78

MIND

105.26

Debt to Equity

IXHL

0.00%

MIND

0.00%

Free Cash Flow Yield

IXHL

-39.88%

Winner

MIND

-7.41%

IXHL vs MIND - Historical Returns

Returns include dividend reinvestment.

Period	IXHL	MIND
1 month	-7.67%	-30.10%
3 months	+16.91%	-44.82%
6 months	-73.62%	-45.62%
1 year	-50.76%	-42.69%
5 years(CAGR)	N/A	-24.97%
10 years(CAGR)	N/A	-18.63%
Max(CAGR)	-81.30%	-7.18%

Winner

IXHL

-7.67%

MIND

-30.10%

Winner

IXHL

+16.91%

MIND

-44.82%

IXHL

-73.62%

Winner

MIND

-45.62%

IXHL

-50.76%

Winner

MIND

-42.69%

5Y(CAGR)

IXHL

N/A

MIND

-24.97%

10Y(CAGR)

IXHL

N/A

MIND

-18.63%

Max(CAGR)

IXHL

-81.30%

Winner

MIND

-7.18%

IXHL vs MIND - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IXHL	MIND
2026	-72.22%	-45.56%
2025	-82.23%	+14.45%
2024	-51.82%	+21.91%
2023	-41.93%	+40.81%
2022	N/A	-72.95%
2021	N/A	-23.60%
2020	N/A	-21.95%
2019	N/A	-10.31%
2018	N/A	-21.95%
2017	N/A	-23.61%
2016	N/A	+36.51%
2015	N/A	-48.55%
2014	N/A	-66.09%
2013	N/A	+25.78%
2012	N/A	-38.88%
2011	N/A	+85.24%
2010	N/A	+50.59%
2009	N/A	+75.89%
2008	N/A	-80.25%
2007	N/A	+70.06%
2006	N/A	-31.71%
2005	N/A	+161.14%
2004	N/A	+81.08%
2003	N/A	+200.00%
2002	N/A	-73.56%
2001	N/A	+13.75%
2000	N/A	+3.64%
1999	N/A	-3.51%

IXHL vs MIND 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 MIND was -98.78%, occurring on Sep 9, 2024. This drawdown has not yet recovered.

The current IXHL drawdown is -98.76%. The current MIND drawdown is -98.12%.

Rank	IXHL	MIND
#1	-99.03% Dec 5, 2023 - May 12, 2025	-98.78% Feb 24, 2012 - Sep 9, 2024
#2	-34.54% Nov 30, 2023 - Dec 5, 2023	-90.56% Jan 31, 2006 - Feb 23, 2012
#3	N/A	-86.53% Jun 12, 2001 - Nov 1, 2004
#4	N/A	-51.28% Sep 12, 2000 - Jun 12, 2001
#5	N/A	-37.50% Mar 7, 2000 - Sep 8, 2000
#6	N/A	-36.07% Nov 11, 2004 - Jul 5, 2005
#7	N/A	-25.71% Nov 17, 1999 - Jan 18, 2000
#8	N/A	-22.22% Jan 18, 2000 - Mar 2, 2000
#9	N/A	-15.60% Aug 4, 2005 - Sep 16, 2005
#10	N/A	-10.26% Sep 30, 2005 - Oct 31, 2005
#11	N/A	-7.56% Jul 26, 2005 - Aug 2, 2005
#12	N/A	-7.50% Jan 10, 2006 - Jan 19, 2006
#13	N/A	-6.61% Dec 19, 2005 - Jan 4, 2006
#14	N/A	-6.09% Jul 12, 2005 - Jul 19, 2005
#15	N/A	-5.05% Oct 31, 2005 - Nov 17, 2005

Correlation

Correlation between IXHL and MIND is -0.44 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.44

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