MRSN vs ANTA

Comparison between Mersana Therapeutics Inc (MRSN, Company) and Antalpha Platform Holding Company (ANTA, Company).

MRSN is from the Healthcare sector, while ANTA is from the Financial Services sector.

MRSN vs ANTA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MRSN(COMPANY)	ANTA(COMPANY)
Market Cap	$145M	$144M
Max Drawdown	99.13%	60.68%
Sharpe Ratio	0.58	-0.53
5Y Beta	N/A	1.30
Industry	Biotechnology	Credit Services
P/E Ratio	-2.04	5.91
Forward P/E	N/A	35.46
PEG Ratio	N/A	0.02
5Y EPS CAGR	-15.54%	N/A
Debt to Equity	0.00%	13.20%
Free Cash Flow Yield	-51.16%	-2.92%

Market Cap

Winner

MRSN

$145M

ANTA

$144M

Max Drawdown

MRSN

99.13%

Winner

ANTA

60.68%

Sharpe Ratio

Winner

MRSN

0.58

ANTA

-0.53

5Y Beta

MRSN

N/A

ANTA

1.30

Industry

MRSN

Biotechnology

ANTA

Credit Services

P/E Ratio

Winner

MRSN

-2.04

ANTA

5.91

Forward P/E

MRSN

N/A

ANTA

35.46

PEG Ratio

MRSN

N/A

ANTA

0.02

5Y EPS CAGR

MRSN

-15.54%

ANTA

N/A

Debt to Equity

Winner

MRSN

0.00%

ANTA

13.20%

Free Cash Flow Yield

MRSN

-51.16%

Winner

ANTA

-2.92%

MRSN vs ANTA - Historical Returns

Returns include dividend reinvestment.

Period	MRSN	ANTA
1 month	+4.70%	-24.74%
3 months	+254.63%	-11.38%
6 months	+282.25%	-33.60%
1 year	-14.47%	-42.93%
5 years(CAGR)	-42.31%	N/A
10 years(CAGR)	-25.31%	N/A
Max(CAGR)	-25.31%	-45.75%

Winner

MRSN

+4.70%

ANTA

-24.74%

Winner

MRSN

+254.63%

ANTA

-11.38%

Winner

MRSN

+282.25%

ANTA

-33.60%

Winner

MRSN

-14.47%

ANTA

-42.93%

5Y(CAGR)

MRSN

-42.31%

ANTA

N/A

10Y(CAGR)

MRSN

-25.31%

ANTA

N/A

Max(CAGR)

Winner

MRSN

-25.31%

ANTA

-45.75%

MRSN vs ANTA - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	MRSN	ANTA
2026	+0.14%	-28.37%
2025	-17.34%	-30.55%
2024	-37.00%	N/A
2023	-59.51%	N/A
2022	-9.01%	N/A
2021	-76.55%	N/A
2020	+396.46%	N/A
2019	+32.95%	N/A
2018	-76.54%	N/A
2017	+17.36%	N/A

MRSN vs ANTA Drawdown Comparison

The maximum drawdown for MRSN was -99.13%, occurring on Aug 11, 2025. This drawdown has not yet recovered.

The maximum drawdown for ANTA was -60.68%, occurring on Jun 15, 2026. This drawdown has not yet recovered.

The current MRSN drawdown is -95.78%. The current ANTA drawdown is -60.07%.

Rank	MRSN	ANTA
#1	-99.13% Dec 23, 2020 - Aug 11, 2025	-60.68% May 14, 2025 - Jun 15, 2026
#2	-93.61% May 25, 2018 - Jun 25, 2020	N/A
#3	-34.46% Sep 16, 2020 - Dec 1, 2020	N/A
#4	-31.86% Oct 3, 2017 - May 22, 2018	N/A
#5	-30.77% Jun 30, 2020 - Sep 14, 2020	N/A
#6	-14.30% Sep 11, 2017 - Sep 22, 2017	N/A
#7	-11.24% Dec 1, 2020 - Dec 21, 2020	N/A
#8	-5.21% Jun 28, 2017 - Jul 12, 2017	N/A
#9	-5.21% Sep 14, 2020 - Sep 16, 2020	N/A
#10	-4.29% Aug 21, 2017 - Aug 29, 2017	N/A
#11	-4.26% Sep 22, 2017 - Oct 2, 2017	N/A
#12	-3.25% Jul 27, 2017 - Aug 8, 2017	N/A
#13	-2.71% Jun 25, 2020 - Jun 30, 2020	N/A
#14	-2.48% Aug 14, 2017 - Aug 18, 2017	N/A
#15	-2.13% Aug 30, 2017 - Sep 11, 2017	N/A

Correlation

Correlation between MRSN and ANTA is -0.93 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.93

-101