OABI vs AVACU
Comparison between OmniAb Inc (OABI, Company) and Avalon Acquisition Inc - Units (1 Ord Share Class A & 3/4 War) (AVACU, Company).
OABI vs AVACU - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
OABI
$282M
Winner
AVACU
$283M
Max Drawdown
OABI
81.32%
Winner
AVACU
2.88%
Sharpe Ratio
OABI
0.27
Winner
AVACU
0.55
5Y Beta
OABI
1.09
AVACU
N/A
Industry
OABI
Biotechnology
AVACU
N/A
P/E Ratio
Winner
OABI
-4.93
AVACU
169.45
Debt to Equity
OABI
0.00%
AVACU
N/A
Free Cash Flow Yield
OABI
-9.22%
Winner
AVACU
-0.62%
P/S Ratio
OABI
9.97
AVACU
N/A
P/B Ratio
OABI
1.08
Winner
AVACU
-29.01
OABI vs AVACU - Historical Returns
Returns include dividend reinvestment.
1M
OABI
-19.11%
Winner
AVACU
+1.69%
3M
Winner
OABI
+43.17%
AVACU
+3.08%
6M
Winner
OABI
+9.34%
AVACU
+8.04%
1Y
OABI
+2.05%
Winner
AVACU
+8.79%
Max(CAGR)
OABI
-4.99%
Winner
AVACU
+5.12%
OABI vs AVACU - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | OABI | AVACU |
|---|---|---|
| 2026 | +5.85% | N/A |
| 2025 | -47.14% | N/A |
| 2024 | -43.36% | N/A |
| 2023 | +77.81% | +8.04% |
| 2022 | +49.38% | -0.49% |
| 2021 | N/A | +1.40% |
OABI vs AVACU Drawdown Comparison
The maximum drawdown for OABI was -81.32%, occurring on May 29, 2025. This drawdown has not yet recovered.
The maximum drawdown for AVACU was -2.88%, occurring on May 19, 2023. Recovery took 26 trading sessions.
The current OABI drawdown is -70.25%.
| Rank | OABI | AVACU |
|---|---|---|
| #1 | -81.32% Jan 8, 2024 - May 29, 2025 | -2.88% Apr 26, 2023 - Jun 2, 2023 |
| #2 | -28.67% Aug 16, 2023 - Dec 26, 2023 | -1.96% Oct 26, 2021 - Jan 5, 2023 |
| #3 | -28.03% Jan 26, 2023 - Jun 6, 2023 | -0.90% Mar 2, 2023 - Apr 18, 2023 |
| #4 | -19.14% Dec 2, 2022 - Jan 23, 2023 | -0.30% Oct 7, 2021 - Oct 25, 2021 |
| #5 | -19.05% Nov 3, 2022 - Nov 9, 2022 | -0.10% Feb 23, 2023 - Mar 2, 2023 |
| #6 | -18.87% Nov 10, 2022 - Nov 30, 2022 | N/A |
| #7 | -7.36% Jun 30, 2023 - Jul 18, 2023 | N/A |
| #8 | -6.11% Jun 15, 2023 - Jun 29, 2023 | N/A |
| #9 | -5.87% Aug 9, 2023 - Aug 16, 2023 | N/A |
| #10 | -5.37% Nov 30, 2022 - Dec 2, 2022 | N/A |
| #11 | -5.05% Aug 1, 2023 - Aug 8, 2023 | N/A |
| #12 | -1.85% Jul 21, 2023 - Jul 31, 2023 | N/A |
| #13 | -1.23% Jun 13, 2023 - Jun 15, 2023 | N/A |
| #14 | -1.23% Jan 4, 2024 - Jan 8, 2024 | N/A |
| #15 | -0.81% Dec 27, 2023 - Jan 2, 2024 | N/A |
Correlation
Correlation between OABI and AVACU is 0.51 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.51
-101
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