NHIC vs WALD

Comparison between NewHold Investment Corp III - Class A (NHIC, Company) and Waldencast plc - Class A (WALD, Company).

NHIC vs WALD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NHIC(COMPANY)	WALD(COMPANY)
Market Cap	$202M	$202M
Max Drawdown	6.56%	93.35%
Sharpe Ratio	0.36	0.12
5Y Beta	0.05	1.40
Industry	N/A	Household & Personal Products
P/E Ratio	516.42	-0.88
Forward P/E	N/A	45.05
Debt to Equity	0.00%	29.56%
Free Cash Flow Yield	-1.02%	-0.58%
P/S Ratio	N/A	0.83
P/B Ratio	-35.83	0.50

Market Cap

Winner

NHIC

$202M

WALD

$202M

Max Drawdown

Winner

NHIC

6.56%

WALD

93.35%

Sharpe Ratio

Winner

NHIC

0.36

WALD

0.12

5Y Beta

Winner

NHIC

0.05

WALD

1.40

Industry

NHIC

N/A

WALD

Household & Personal Products

P/E Ratio

NHIC

516.42

Winner

WALD

-0.88

Forward P/E

NHIC

N/A

WALD

45.05

Debt to Equity

Winner

NHIC

0.00%

WALD

29.56%

Free Cash Flow Yield

NHIC

-1.02%

Winner

WALD

-0.58%

P/S Ratio

NHIC

N/A

WALD

0.83

P/B Ratio

Winner

NHIC

-35.83

WALD

0.50

NHIC vs WALD - Historical Returns

Returns include dividend reinvestment.

Period	NHIC	WALD
1 month	-2.00%	+8.07%
3 months	+3.85%	+117.50%
6 months	+3.45%	+0.00%
1 year	+5.99%	-30.12%
5 years(CAGR)	N/A	-29.50%
Max(CAGR)	+6.87%	-28.37%

NHIC

-2.00%

Winner

WALD

+8.07%

NHIC

+3.85%

Winner

WALD

+117.50%

Winner

NHIC

+3.45%

WALD

+0.00%

Winner

NHIC

+5.99%

WALD

-30.12%

5Y(CAGR)

NHIC

N/A

WALD

-29.50%

Max(CAGR)

Winner

NHIC

+6.87%

WALD

-28.37%

NHIC vs WALD - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	NHIC	WALD
2026	+4.25%	+1.75%
2025	+4.38%	-49.73%
2024	N/A	-64.08%
2023	N/A	+20.55%
2022	N/A	-9.25%
2021	N/A	+1.02%

NHIC vs WALD Drawdown Comparison

The maximum drawdown for NHIC was -6.56%, occurring on Jul 17, 2026. This drawdown has not yet recovered.

The maximum drawdown for WALD was -93.35%, occurring on Apr 29, 2026. This drawdown has not yet recovered.

The current NHIC drawdown is -5.59%. The current WALD drawdown is -84.84%.

Rank	NHIC	WALD
#1	-6.56% Jun 1, 2026 - Jul 17, 2026	-93.35% Dec 22, 2023 - Apr 29, 2026
#2	-0.96% Feb 2, 2026 - Apr 27, 2026	-46.04% Dec 29, 2021 - Sep 19, 2023
#3	-0.68% Jun 20, 2025 - Oct 13, 2025	-27.41% Sep 19, 2023 - Dec 15, 2023
#4	-0.57% May 4, 2026 - May 26, 2026	-4.48% Jun 7, 2021 - Dec 29, 2021
#5	-0.48% Oct 27, 2025 - Nov 11, 2025	-1.79% May 24, 2021 - Jun 7, 2021
#6	-0.47% Apr 28, 2026 - May 4, 2026	-0.96% Dec 19, 2023 - Dec 22, 2023
#7	-0.46% May 12, 2025 - Jun 4, 2025	-0.10% May 13, 2021 - May 24, 2021
#8	-0.39% Nov 11, 2025 - Dec 8, 2025	N/A
#9	-0.29% Dec 8, 2025 - Jan 22, 2026	N/A
#10	-0.10% Jun 13, 2025 - Jun 18, 2025	N/A
#11	-0.10% Jan 22, 2026 - Feb 2, 2026	N/A
#12	-0.05% Jun 9, 2025 - Jun 11, 2025	N/A

Correlation

Correlation between NHIC and WALD is -0.54 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.54

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