MRSN vs HCMA

Comparison between Mersana Therapeutics Inc (MRSN, Company) and HCM III Acquisition Corp. (HCMA, Company).

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

MRSN vs HCMA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MRSN(COMPANY)	HCMA(COMPANY)
Market Cap	$145M	$145M
Max Drawdown	99.13%	0.39%
Sharpe Ratio	0.58	-1.56
5Y Beta	N/A	0.04
Industry	Biotechnology	Shell Companies
P/E Ratio	-2.04	75.40
5Y EPS CAGR	-15.54%	N/A
Debt to Equity	0.00%	3.48%
Free Cash Flow Yield	-51.16%	-0.37%
P/B Ratio	N/A	5.68

Market Cap

Winner

MRSN

$145M

HCMA

$145M

Max Drawdown

MRSN

99.13%

Winner

HCMA

0.39%

Sharpe Ratio

Winner

MRSN

0.58

HCMA

-1.56

5Y Beta

MRSN

N/A

HCMA

0.04

Industry

MRSN

Biotechnology

HCMA

Shell Companies

P/E Ratio

Winner

MRSN

-2.04

HCMA

75.40

5Y EPS CAGR

MRSN

-15.54%

HCMA

N/A

Debt to Equity

Winner

MRSN

0.00%

HCMA

3.48%

Free Cash Flow Yield

MRSN

-51.16%

Winner

HCMA

-0.37%

P/B Ratio

MRSN

N/A

HCMA

5.68

MRSN vs HCMA - Historical Returns

Returns include dividend reinvestment.

Period	MRSN	HCMA
1 month	+4.70%	N/A
3 months	+254.63%	N/A
6 months	+282.25%	N/A
1 year	-14.47%	N/A
5 years(CAGR)	-42.31%	N/A
10 years(CAGR)	-25.31%	N/A
Max(CAGR)	-25.31%	+3.11%

MRSN

+4.70%

HCMA

N/A

MRSN

+254.63%

HCMA

N/A

MRSN

+282.25%

HCMA

N/A

MRSN

-14.47%

HCMA

N/A

5Y(CAGR)

MRSN

-42.31%

HCMA

N/A

10Y(CAGR)

MRSN

-25.31%

HCMA

N/A

Max(CAGR)

MRSN

-25.31%

Winner

HCMA

+3.11%

MRSN vs HCMA - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	MRSN	HCMA
2026	+0.14%	+0.13%
2025	-17.34%	N/A
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 HCMA 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 HCMA was -0.39%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The current MRSN drawdown is -95.78%. The current HCMA drawdown is -0.19%.

Rank	MRSN	HCMA
#1	-99.13% Dec 23, 2020 - Aug 11, 2025	-0.39% Jun 1, 2026 - Jun 10, 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