ZTEK vs IXHL
Comparison between Zentek Ltd (ZTEK, Company) and Incannex Healthcare Inc (IXHL, Company).
Both ZTEK and IXHL are from the Healthcare sector.
ZTEK vs IXHL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
ZTEK
$44M
Winner
IXHL
$44M
Max Drawdown
Winner
ZTEK
93.45%
IXHL
99.03%
Sharpe Ratio
ZTEK
-0.77
Winner
IXHL
0.51
5Y Beta
ZTEK
0.74
Winner
IXHL
0.30
Industry
ZTEK
Medical Instruments & Supplies
IXHL
Drug Manufacturers - Specialty & Generic
P/E Ratio
Winner
ZTEK
-7.78
IXHL
-0.52
Forward P/E
ZTEK
N/A
IXHL
3.78
5Y EPS CAGR
ZTEK
15.75%
IXHL
N/A
Debt to Equity
ZTEK
15.55%
Winner
IXHL
0.00%
Free Cash Flow Yield
Winner
ZTEK
-9.88%
IXHL
-39.88%
P/S Ratio
ZTEK
54.48
IXHL
N/A
P/B Ratio
ZTEK
5.50
IXHL
N/A
ZTEK vs IXHL - Historical Returns
Returns include dividend reinvestment.
1M
ZTEK
-34.89%
Winner
IXHL
-4.76%
3M
ZTEK
-31.57%
Winner
IXHL
-0.62%
6M
Winner
ZTEK
-44.37%
IXHL
-74.02%
1Y
ZTEK
-70.68%
Winner
IXHL
-49.80%
5Y(CAGR)
ZTEK
-31.99%
IXHL
N/A
10Y(CAGR)
ZTEK
-2.67%
IXHL
N/A
Max(CAGR)
Winner
ZTEK
-3.70%
IXHL
-81.38%
ZTEK vs IXHL - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | ZTEK | IXHL |
|---|---|---|
| 2026 | -41.96% | -72.65% |
| 2025 | -34.64% | -82.23% |
| 2024 | -25.98% | -51.82% |
| 2023 | -30.32% | -41.93% |
| 2022 | -60.43% | N/A |
| 2021 | +42.12% | N/A |
| 2020 | +930.97% | N/A |
| 2019 | -5.08% | N/A |
| 2018 | -45.37% | N/A |
| 2017 | -17.96% | N/A |
| 2016 | +10.19% | N/A |
ZTEK vs IXHL Drawdown Comparison
The maximum drawdown for ZTEK was -93.45%, occurring on Jun 23, 2026. This drawdown has not yet recovered.
The maximum drawdown for IXHL was -99.03%, occurring on May 12, 2025. This drawdown has not yet recovered.
The current ZTEK drawdown is -93.15%. The current IXHL drawdown is -98.78%.
| Rank | ZTEK | IXHL |
|---|---|---|
| #1 | -93.45% Nov 15, 2021 - Jun 23, 2026 | -99.03% Dec 5, 2023 - May 12, 2025 |
| #2 | -83.64% Oct 10, 2016 - Nov 5, 2020 | -34.54% Nov 30, 2023 - Dec 5, 2023 |
| #3 | -52.03% Jan 8, 2021 - Sep 3, 2021 | N/A |
| #4 | -33.31% Mar 14, 2016 - Sep 8, 2016 | N/A |
| #5 | -21.07% Sep 27, 2021 - Nov 1, 2021 | N/A |
| #6 | -18.93% Nov 6, 2020 - Dec 22, 2020 | N/A |
| #7 | -15.37% Jan 4, 2016 - Jan 22, 2016 | N/A |
| #8 | -13.86% Jan 22, 2016 - Mar 4, 2016 | N/A |
| #9 | -9.59% Sep 8, 2016 - Sep 19, 2016 | N/A |
| #10 | -7.69% Dec 29, 2020 - Jan 8, 2021 | N/A |
| #11 | -7.18% Sep 9, 2021 - Sep 20, 2021 | N/A |
| #12 | -3.99% Mar 7, 2016 - Mar 9, 2016 | N/A |
| #13 | -3.50% Nov 9, 2021 - Nov 12, 2021 | N/A |
| #14 | -3.24% Sep 27, 2016 - Oct 4, 2016 | N/A |
| #15 | -2.81% Sep 20, 2016 - Sep 23, 2016 | N/A |
Correlation
Correlation between ZTEK and IXHL is 0.44 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
0.44
-101
Select Stocks to Compare
Popular: ZTEK vs SPYIXHL vs SPY
More Comparisons
Compare with similar stocks