SLNH vs ANIK

Comparison between Soluna Holdings Inc (SLNH, Company) and Anika Therapeutics Inc (ANIK, Company).

SLNH is from the Financial Services sector, while ANIK is from the Healthcare sector.

5-Year PerformanceANIK has outperformed SLNH, delivering a return of -19.7% compared to -60.5%

SLNH vs ANIK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SLNH(COMPANY)	ANIK(COMPANY)
Market Cap	$192M	$193M
Max Drawdown	99.90%	93.48%
Sharpe Ratio	1.39	0.70
5Y Beta	2.87	0.88
Industry	Capital Markets	Drug Manufacturers - Specialty & Generic
P/E Ratio	-1.60	-18.15
Forward P/E	N/A	34.60
5Y EPS CAGR	N/A	-15.91%
Debt to Equity	54.93%	0.00%
Free Cash Flow Yield	-21.94%	0.54%
P/S Ratio	8.18	N/A
P/B Ratio	5.59	N/A

Market Cap

SLNH

$192M

Winner

ANIK

$193M

Max Drawdown

SLNH

99.90%

Winner

ANIK

93.48%

Sharpe Ratio

Winner

SLNH

1.39

ANIK

0.70

5Y Beta

SLNH

2.87

Winner

ANIK

0.88

Industry

SLNH

Capital Markets

ANIK

Drug Manufacturers - Specialty & Generic

P/E Ratio

SLNH

-1.60

Winner

ANIK

-18.15

Forward P/E

SLNH

N/A

ANIK

34.60

5Y EPS CAGR

SLNH

N/A

ANIK

-15.91%

Debt to Equity

SLNH

54.93%

Winner

ANIK

0.00%

Free Cash Flow Yield

SLNH

-21.94%

Winner

ANIK

0.54%

P/S Ratio

SLNH

8.18

ANIK

N/A

P/B Ratio

SLNH

5.59

ANIK

N/A

SLNH vs ANIK - Historical Returns

Returns include dividend reinvestment.

Period	SLNH	ANIK
1 month	-2.34%	-4.57%
3 months	+124.43%	-0.49%
6 months	+8.44%	+50.74%
1 year	+206.14%	+30.04%
5 years(CAGR)	-60.49%	-19.74%
10 years(CAGR)	-17.18%	-11.88%
Max(CAGR)	-9.00%	+3.29%

Winner

SLNH

-2.34%

ANIK

-4.57%

Winner

SLNH

+124.43%

ANIK

-0.49%

SLNH

+8.44%

Winner

ANIK

+50.74%

Winner

SLNH

+206.14%

ANIK

+30.04%

5Y(CAGR)

SLNH

-60.49%

Winner

ANIK

-19.74%

10Y(CAGR)

SLNH

-17.18%

Winner

ANIK

-11.88%

Max(CAGR)

SLNH

-9.00%

Winner

ANIK

+3.29%

SLNH vs ANIK - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SLNH	ANIK
2026	+18.44%	+51.87%
2025	-46.33%	-40.72%
2024	-50.70%	-27.36%
2023	-46.67%	-23.13%
2022	-97.58%	-18.99%
2021	+115.20%	-16.36%
2020	+602.99%	-13.63%
2019	+44.02%	+50.20%
2018	-19.25%	-38.79%
2017	-30.34%	+7.58%
2016	+54.27%	+28.57%
2015	+32.36%	-4.02%
2014	-21.09%	+16.43%
2013	+535.29%	+251.06%
2012	-68.52%	+6.77%
2011	-8.91%	+45.62%
2010	-21.43%	-11.77%
2009	+18.64%	+144.55%
2008	N/A	-79.97%
2007	N/A	+10.48%
2006	N/A	+14.99%
2005	N/A	+29.89%
2004	N/A	-2.24%
2003	N/A	+836.54%
2002	N/A	-10.00%
2001	N/A	+23.08%
2000	N/A	-88.84%
1999	N/A	+17.72%

SLNH vs ANIK Drawdown Comparison

The maximum drawdown for SLNH was -99.90%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The maximum drawdown for ANIK was -93.48%, occurring on Dec 26, 2000. Recovery took 1060 trading sessions.

The current SLNH drawdown is -99.60%. The current ANIK drawdown is -80.64%.

Rank	SLNH	ANIK
#1	-99.90% Nov 15, 2021 - Apr 8, 2025	-93.48% Mar 3, 2000 - May 24, 2004
#2	-90.79% Nov 10, 2009 - Aug 5, 2013	-88.96% Oct 25, 2019 - Jul 30, 2025
#3	-68.61% Apr 9, 2019 - Sep 11, 2020	-86.24% Sep 21, 2007 - Aug 1, 2013
#4	-64.71% Mar 21, 2014 - Mar 11, 2019	-57.96% Jan 29, 2018 - Oct 25, 2019
#5	-53.99% Aug 5, 2013 - Mar 20, 2014	-53.91% Jun 24, 2004 - Jul 25, 2007
#6	-53.47% Mar 22, 2021 - Nov 11, 2021	-37.83% Jul 14, 2014 - Jun 23, 2016
#7	-52.94% May 7, 2009 - Sep 10, 2009	-24.37% Jan 16, 2014 - Feb 26, 2014
#8	-48.39% Feb 19, 2021 - Mar 22, 2021	-23.63% Jul 1, 2016 - Sep 6, 2017
#9	-34.85% Jan 6, 2021 - Feb 12, 2021	-22.52% Jul 27, 2007 - Sep 20, 2007
#10	-19.20% Sep 21, 2009 - Oct 1, 2009	-18.77% Aug 2, 2013 - Oct 18, 2013
#11	-17.86% Oct 1, 2009 - Nov 2, 2009	-18.03% Dec 6, 1999 - Jan 25, 2000
#12	-17.70% Oct 16, 2020 - Dec 16, 2020	-17.84% Feb 26, 2014 - May 5, 2014
#13	-15.25% Apr 28, 2009 - May 1, 2009	-13.89% Feb 14, 2000 - Feb 29, 2000
#14	-11.23% Feb 16, 2021 - Feb 19, 2021	-13.01% Oct 12, 2017 - Jan 24, 2018
#15	-10.67% Mar 13, 2019 - Apr 8, 2019	-12.50% Jan 25, 2000 - Feb 8, 2000