LASE vs IXHL
Comparison between Laser Photonics Corp (LASE, Company) and Incannex Healthcare Inc (IXHL, Company).
LASE is from the Industrials sector, while IXHL is from the Healthcare sector.
LASE vs IXHL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
LASE
$42M
Winner
IXHL
$43M
Max Drawdown
Winner
LASE
96.80%
IXHL
99.03%
Sharpe Ratio
Winner
LASE
0.42
IXHL
-0.53
5Y Beta
LASE
1.56
Winner
IXHL
0.30
Industry
LASE
Specialty Industrial Machinery
IXHL
Drug Manufacturers - Specialty & Generic
P/E Ratio
Winner
LASE
-1.56
IXHL
-0.50
Forward P/E
LASE
N/A
IXHL
3.78
PEG Ratio
LASE
-0.01
IXHL
N/A
Debt to Equity
LASE
0.00%
IXHL
0.00%
Free Cash Flow Yield
Winner
LASE
-16.70%
IXHL
-41.54%
P/S Ratio
Winner
LASE
7.15
IXHL
7764.11
P/B Ratio
LASE
6.14
Winner
IXHL
0.51
LASE vs IXHL - Historical Returns
Returns include dividend reinvestment.
1M
LASE
-48.61%
Winner
IXHL
-4.53%
3M
Winner
LASE
+14.43%
IXHL
-16.62%
6M
Winner
LASE
-56.98%
IXHL
-69.39%
1Y
Winner
LASE
-62.63%
IXHL
-89.57%
Max(CAGR)
Winner
LASE
-19.85%
IXHL
-80.54%
LASE vs IXHL - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | LASE | IXHL |
|---|---|---|
| 2026 | -44.50% | -72.99% |
| 2025 | -55.42% | -82.23% |
| 2024 | +416.07% | -51.82% |
| 2023 | -41.87% | -41.93% |
| 2022 | -20.93% | N/A |
LASE vs IXHL Drawdown Comparison
The maximum drawdown for LASE was -96.80%, occurring on Feb 6, 2026. This drawdown has not yet recovered.
The maximum drawdown for IXHL was -99.03%, occurring on May 12, 2025. This drawdown has not yet recovered.
The current LASE drawdown is -94.10%. The current IXHL drawdown is -98.79%.
| Rank | LASE | IXHL |
|---|---|---|
| #1 | -96.80% Sep 23, 2024 - Feb 6, 2026 | -99.03% Dec 5, 2023 - May 12, 2025 |
| #2 | -90.06% Feb 3, 2023 - Sep 10, 2024 | -34.54% Nov 30, 2023 - Dec 5, 2023 |
| #3 | -68.74% Oct 14, 2022 - Jan 30, 2023 | N/A |
| #4 | -40.87% Sep 10, 2024 - Sep 20, 2024 | N/A |
| #5 | -27.52% Sep 30, 2022 - Oct 11, 2022 | N/A |
Correlation
Correlation between LASE and IXHL 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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