PRDS vs CANG

Comparison between Pardes Biosciences Inc (PRDS, Company) and Cango Inc (CANG, Company).

PRDS vs CANG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PRDS(COMPANY)	CANG(COMPANY)
Market Cap	$129M	$129M
Max Drawdown	95.01%	97.10%
Sharpe Ratio	-0.18	-1.67
5Y Beta	N/A	1.28
Industry	N/A	Capital Markets
P/E Ratio	-3.02	3.14
Forward P/E	N/A	16.00
5Y EPS CAGR	N/A	-14.00%
Debt to Equity	0.00%	3.05%
Free Cash Flow Yield	-60.53%	-32.91%
P/S Ratio	N/A	0.20
P/B Ratio	0.78	0.60

Market Cap

Winner

PRDS

$129M

CANG

$129M

Max Drawdown

Winner

PRDS

95.01%

CANG

97.10%

Sharpe Ratio

Winner

PRDS

-0.18

CANG

-1.67

5Y Beta

PRDS

N/A

CANG

1.28

Industry

PRDS

N/A

CANG

Capital Markets

P/E Ratio

Winner

PRDS

-3.02

CANG

3.14

Forward P/E

PRDS

N/A

CANG

16.00

5Y EPS CAGR

PRDS

N/A

CANG

-14.00%

Debt to Equity

Winner

PRDS

0.00%

CANG

3.05%

Free Cash Flow Yield

PRDS

-60.53%

Winner

CANG

-32.91%

P/S Ratio

PRDS

N/A

CANG

0.20

P/B Ratio

PRDS

0.78

Winner

CANG

0.60

PRDS vs CANG - Historical Returns

Returns include dividend reinvestment.

Period	PRDS	CANG
1 month	+2.37%	-42.91%
3 months	+17.39%	-54.91%
6 months	+75.61%	-74.30%
1 year	-29.41%	-86.85%
5 years(CAGR)	N/A	-19.93%
Max(CAGR)	-60.63%	-20.12%

Winner

PRDS

+2.37%

CANG

-42.91%

Winner

PRDS

+17.39%

CANG

-54.91%

Winner

PRDS

+75.61%

CANG

-74.30%

Winner

PRDS

-29.41%

CANG

-86.85%

5Y(CAGR)

PRDS

N/A

CANG

-19.93%

Max(CAGR)

PRDS

-60.63%

Winner

CANG

-20.12%

PRDS vs CANG - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	PRDS	CANG
2026	N/A	-78.13%
2025	N/A	-40.24%
2024	N/A	+335.64%
2023	+19.34%	-23.88%
2022	-87.99%	+13.21%
2021	+54.14%	-53.71%
2020	N/A	-20.11%
2019	N/A	+26.39%
2018	N/A	-36.58%

PRDS vs CANG Drawdown Comparison

The maximum drawdown for PRDS was -95.01%, occurring on Nov 29, 2022. This drawdown has not yet recovered.

The maximum drawdown for CANG was -92.90%, occurring on Jun 12, 2026. This drawdown has not yet recovered.

The current PRDS drawdown is -87.31%. The current CANG drawdown is -92.29%.

Rank	PRDS	CANG
#1	-95.01% Dec 30, 2021 - Nov 29, 2022	-92.90% Dec 18, 2024 - Jun 12, 2026
#2	N/A	-88.91% Jan 28, 2021 - Dec 17, 2024
#3	N/A	-62.50% Jul 26, 2018 - Jan 27, 2021

Correlation

Correlation between PRDS and CANG is -0.41 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.41

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