IXHL vs ZTEK
Comparison between Incannex Healthcare Inc (IXHL, Company) and Zentek Ltd (ZTEK, Company).
Both IXHL and ZTEK are from the Healthcare sector.
IXHL vs ZTEK - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
IXHL
$44M
ZTEK
$44M
Max Drawdown
IXHL
99.03%
Winner
ZTEK
93.45%
Sharpe Ratio
Winner
IXHL
0.45
ZTEK
-0.77
5Y Beta
Winner
IXHL
0.30
ZTEK
0.74
Industry
IXHL
Drug Manufacturers - Specialty & Generic
ZTEK
Medical Instruments & Supplies
P/E Ratio
IXHL
-0.52
Winner
ZTEK
-7.78
Forward P/E
IXHL
3.78
ZTEK
N/A
5Y EPS CAGR
IXHL
N/A
ZTEK
15.75%
Debt to Equity
Winner
IXHL
0.00%
ZTEK
15.55%
Free Cash Flow Yield
IXHL
-39.88%
Winner
ZTEK
-9.88%
P/S Ratio
IXHL
7764.11
Winner
ZTEK
54.48
P/B Ratio
Winner
IXHL
0.52
ZTEK
5.50
IXHL vs ZTEK - Historical Returns
Returns include dividend reinvestment.
1M
Winner
IXHL
-4.76%
ZTEK
-34.89%
3M
Winner
IXHL
-0.62%
ZTEK
-31.57%
6M
IXHL
-74.02%
Winner
ZTEK
-44.37%
1Y
Winner
IXHL
-49.80%
ZTEK
-70.68%
5Y(CAGR)
IXHL
N/A
ZTEK
-31.99%
10Y(CAGR)
IXHL
N/A
ZTEK
-2.67%
Max(CAGR)
IXHL
-81.38%
Winner
ZTEK
-3.70%
IXHL vs ZTEK - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | IXHL | ZTEK |
|---|---|---|
| 2026 | -72.65% | -41.96% |
| 2025 | -82.23% | -34.64% |
| 2024 | -51.82% | -25.98% |
| 2023 | -41.93% | -30.32% |
| 2022 | N/A | -60.43% |
| 2021 | N/A | +42.12% |
| 2020 | N/A | +930.97% |
| 2019 | N/A | -5.08% |
| 2018 | N/A | -45.37% |
| 2017 | N/A | -17.96% |
| 2016 | N/A | +10.19% |
IXHL vs ZTEK 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 ZTEK was -93.45%, occurring on Jun 23, 2026. This drawdown has not yet recovered.
The current IXHL drawdown is -98.78%. The current ZTEK drawdown is -93.15%.
| Rank | IXHL | ZTEK |
|---|---|---|
| #1 | -99.03% Dec 5, 2023 - May 12, 2025 | -93.45% Nov 15, 2021 - Jun 23, 2026 |
| #2 | -34.54% Nov 30, 2023 - Dec 5, 2023 | -83.64% Oct 10, 2016 - Nov 5, 2020 |
| #3 | N/A | -52.03% Jan 8, 2021 - Sep 3, 2021 |
| #4 | N/A | -33.31% Mar 14, 2016 - Sep 8, 2016 |
| #5 | N/A | -21.07% Sep 27, 2021 - Nov 1, 2021 |
| #6 | N/A | -18.93% Nov 6, 2020 - Dec 22, 2020 |
| #7 | N/A | -15.37% Jan 4, 2016 - Jan 22, 2016 |
| #8 | N/A | -13.86% Jan 22, 2016 - Mar 4, 2016 |
| #9 | N/A | -9.59% Sep 8, 2016 - Sep 19, 2016 |
| #10 | N/A | -7.69% Dec 29, 2020 - Jan 8, 2021 |
| #11 | N/A | -7.18% Sep 9, 2021 - Sep 20, 2021 |
| #12 | N/A | -3.99% Mar 7, 2016 - Mar 9, 2016 |
| #13 | N/A | -3.50% Nov 9, 2021 - Nov 12, 2021 |
| #14 | N/A | -3.24% Sep 27, 2016 - Oct 4, 2016 |
| #15 | N/A | -2.81% Sep 20, 2016 - Sep 23, 2016 |
Correlation
Correlation between IXHL and ZTEK is 0.44 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
0.44
-101
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