IXHL vs OPTT
Comparison between Incannex Healthcare Inc (IXHL, Company) and Ocean Power Technologies - Reg S (OPTT, Company).
IXHL is from the Healthcare sector, while OPTT is from the Industrials sector.
IXHL vs OPTT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
IXHL vs OPTT - Historical Returns
Returns include dividend reinvestment.
IXHL vs OPTT - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | IXHL | OPTT |
|---|---|---|
| 2026 | -69.49% | -41.62% |
| 2025 | -82.23% | -70.30% |
| 2024 | -51.82% | +223.30% |
| 2023 | -41.93% | -28.99% |
| 2022 | N/A | -71.51% |
| 2021 | N/A | -45.19% |
| 2020 | N/A | +205.65% |
| 2019 | N/A | -88.10% |
| 2018 | N/A | -69.36% |
| 2017 | N/A | -63.09% |
| 2016 | N/A | +29.96% |
| 2015 | N/A | -67.69% |
| 2014 | N/A | -69.20% |
| 2013 | N/A | -11.93% |
| 2012 | N/A | -16.07% |
| 2011 | N/A | -54.61% |
| 2010 | N/A | -38.16% |
| 2009 | N/A | +15.07% |
| 2008 | N/A | -57.23% |
| 2007 | N/A | -90.90% |
IXHL vs OPTT 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 OPTT was -100.00%, occurring on Jun 18, 2024. This drawdown has not yet recovered.
The current IXHL drawdown is -98.64%. The current OPTT drawdown is -100.00%.
| Rank | IXHL | OPTT |
|---|---|---|
| #1 | -99.03% Dec 5, 2023 - May 12, 2025 | -100.00% Apr 25, 2007 - Jun 18, 2024 |
| #2 | -34.54% Nov 30, 2023 - Dec 5, 2023 | N/A |
Correlation
Correlation between IXHL and OPTT is -0.19 which considered as a very weak or no correlation - the stocks move independently of each other.
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