SNWV vs AACIU

Comparison between Sanuwave Health Inc (SNWV, Company) and Armada Acquisition Corp III - Units (1 Ord Cls A & 1/2 War) (AACIU, Company).

SNWV is from the Healthcare sector, while AACIU is from the Financial Services sector.

SNWV vs AACIU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SNWV(COMPANY)	AACIU(COMPANY)
Market Cap	$79M	$79M
Max Drawdown	99.77%	0.40%
Sharpe Ratio	-1.05	1.41
5Y Beta	1.12	0.05
Industry	Medical Devices	Shell Companies
P/E Ratio	4.79	-1501.07
Forward P/E	18.25	N/A
Debt to Equity	1116.00%	0.00%
Free Cash Flow Yield	5.04%	-0.03%

Market Cap

SNWV

$79M

Winner

AACIU

$79M

Max Drawdown

SNWV

99.77%

Winner

AACIU

0.40%

Sharpe Ratio

SNWV

-1.05

Winner

AACIU

1.41

5Y Beta

SNWV

1.12

Winner

AACIU

0.05

Industry

SNWV

Medical Devices

AACIU

Shell Companies

P/E Ratio

SNWV

4.79

Winner

AACIU

-1501.07

Forward P/E

SNWV

18.25

AACIU

N/A

Debt to Equity

SNWV

1116.00%

Winner

AACIU

0.00%

Free Cash Flow Yield

Winner

SNWV

5.04%

AACIU

-0.03%

SNWV vs AACIU - Historical Returns

Returns include dividend reinvestment.

Period	SNWV	AACIU
1 month	-45.37%	+2.18%
3 months	-56.29%	+3.41%
6 months	-71.95%	N/A
1 year	-72.09%	N/A
5 years(CAGR)	-33.30%	N/A
10 years(CAGR)	-4.76%	N/A
Max(CAGR)	-16.19%	+10.42%

SNWV

-45.37%

Winner

AACIU

+2.18%

SNWV

-56.29%

Winner

AACIU

+3.41%

SNWV

-71.95%

AACIU

N/A

SNWV

-72.09%

AACIU

N/A

5Y(CAGR)

SNWV

-33.30%

AACIU

N/A

10Y(CAGR)

SNWV

-4.76%

AACIU

N/A

Max(CAGR)

SNWV

-16.19%

Winner

AACIU

+10.42%

SNWV vs AACIU - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	SNWV	AACIU
2026	-68.12%	+3.31%
2025	+35.64%	N/A
2024	+240.74%	N/A
2023	-56.67%	N/A
2022	-86.59%	N/A
2021	-8.60%	N/A
2020	+8.82%	N/A
2019	-28.74%	N/A
2018	-8.00%	N/A
2017	+38.25%	N/A
2016	+130.13%	N/A
2015	-63.89%	N/A

SNWV vs AACIU Drawdown Comparison

The maximum drawdown for SNWV was -99.77%, occurring on May 6, 2022. This drawdown has not yet recovered.

The maximum drawdown for AACIU was -0.40%, occurring on Apr 14, 2026. Recovery took 11 trading sessions.

The current SNWV drawdown is -95.97%.

Rank	SNWV	AACIU
#1	-99.77% Apr 4, 2018 - May 6, 2022	-0.40% Apr 13, 2026 - Apr 28, 2026
#2	-85.42% Jun 26, 2015 - Jan 2, 2018	-0.30% Apr 1, 2026 - Apr 13, 2026
#3	-64.44% Mar 10, 2015 - Jun 25, 2015	-0.30% May 5, 2026 - Jun 11, 2026
#4	-36.00% Jan 2, 2018 - Feb 16, 2018	-0.24% Feb 20, 2026 - Apr 1, 2026
#5	-18.18% Mar 12, 2018 - Apr 4, 2018	-0.10% Apr 28, 2026 - May 1, 2026
#6	-6.82% Mar 6, 2018 - Mar 12, 2018	N/A
#7	-6.06% Feb 23, 2018 - Mar 2, 2018	N/A