TMCI vs IVCPU

Comparison between Treace Medical Concepts Inc (TMCI, Company) and AleAnna Inc - Units (1 Ord Share Class A & 1/2 War) (IVCPU, Company).

TMCI vs IVCPU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TMCI(COMPANY)	IVCPU(COMPANY)
Market Cap	$309M	$308M
Max Drawdown	96.68%	25.75%
Sharpe Ratio	0.17	-0.25
5Y Beta	1.31	N/A
Industry	Medical Devices	N/A
P/E Ratio	-4.49	-46.87
PEG Ratio	-0.60	N/A
Debt to Equity	74.61%	0.00%
Free Cash Flow Yield	-8.41%	-12.78%
P/S Ratio	1.50	474.91
P/B Ratio	3.62	-74.94

Market Cap

Winner

TMCI

$309M

IVCPU

$308M

Max Drawdown

TMCI

96.68%

Winner

IVCPU

25.75%

Sharpe Ratio

Winner

TMCI

0.17

IVCPU

-0.25

5Y Beta

TMCI

1.31

IVCPU

N/A

Industry

TMCI

Medical Devices

IVCPU

N/A

P/E Ratio

TMCI

-4.49

Winner

IVCPU

-46.87

PEG Ratio

TMCI

-0.60

IVCPU

N/A

Debt to Equity

TMCI

74.61%

Winner

IVCPU

0.00%

Free Cash Flow Yield

Winner

TMCI

-8.41%

IVCPU

-12.78%

P/S Ratio

Winner

TMCI

1.50

IVCPU

474.91

P/B Ratio

TMCI

3.62

Winner

IVCPU

-74.94

TMCI vs IVCPU - Historical Returns

Returns include dividend reinvestment.

Period	TMCI	IVCPU
1 month	+8.10%	-18.58%
3 months	+140.72%	-16.67%
6 months	+123.44%	-14.81%
1 year	-26.92%	-13.04%
5 years(CAGR)	-29.32%	N/A
Max(CAGR)	-27.43%	-2.29%

Winner

TMCI

+8.10%

IVCPU

-18.58%

Winner

TMCI

+140.72%

IVCPU

-16.67%

Winner

TMCI

+123.44%

IVCPU

-14.81%

TMCI

-26.92%

Winner

IVCPU

-13.04%

5Y(CAGR)

TMCI

-29.32%

IVCPU

N/A

Max(CAGR)

TMCI

-27.43%

Winner

IVCPU

-2.29%

TMCI vs IVCPU - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	TMCI	IVCPU
2026	+86.80%	N/A
2025	-68.87%	N/A
2024	-40.76%	-14.18%
2023	-43.05%	+5.77%
2022	+16.41%	+1.61%
2021	-26.99%	+0.91%

TMCI vs IVCPU Drawdown Comparison

The maximum drawdown for TMCI was -96.68%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for IVCPU was -25.75%, occurring on Dec 13, 2024. This drawdown has not yet recovered.

The current TMCI drawdown is -87.07%. The current IVCPU drawdown is -25.75%.

Rank	TMCI	IVCPU
#1	-96.68% Jun 11, 2021 - Mar 30, 2026	-25.75% Dec 11, 2024 - Dec 13, 2024
#2	-17.98% May 11, 2021 - Jun 1, 2021	-16.24% Mar 13, 2024 - Dec 11, 2024
#3	-9.18% Apr 30, 2021 - May 7, 2021	-10.73% Jun 21, 2023 - Mar 13, 2024
#4	-7.26% Apr 27, 2021 - Apr 30, 2021	-6.53% Mar 14, 2023 - Apr 6, 2023
#5	-3.22% Jun 4, 2021 - Jun 11, 2021	-5.82% May 4, 2023 - Jun 13, 2023
#6	N/A	-2.95% Jan 10, 2023 - Mar 14, 2023
#7	N/A	-2.81% Apr 6, 2023 - May 4, 2023
#8	N/A	-1.80% Jan 13, 2022 - Apr 20, 2022
#9	N/A	-1.60% Apr 20, 2022 - Aug 24, 2022
#10	N/A	-0.92% Dec 13, 2022 - Dec 29, 2022
#11	N/A	-0.80% Aug 24, 2022 - Oct 31, 2022
#12	N/A	-0.70% Dec 23, 2021 - Jan 13, 2022
#13	N/A	-0.25% Dec 29, 2022 - Jan 3, 2023
#14	N/A	-0.20% Nov 3, 2022 - Nov 18, 2022
#15	N/A	-0.10% Dec 20, 2021 - Dec 23, 2021

Correlation

Correlation between TMCI and IVCPU is -0.56 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.56

-101