OPKO Health, Inc. (OPK)

Nasdaq Stock Exchange
USD
US68375N1037
2 November 1995  –  16 May 2022

Performance

Annualized Return
-1.55%
Sharpe Ratio
0.39
Maximum Drawdown
-98.17%

Metrics

Metric OPKO Health, Inc.
Initial Balance $10,000
Final Balance $6,600
Returns   [View more details]
Month-To-Date 10%
Year-To-Date -38.25%
3M -4.19%
6M -27.91%
Annual Return (3Y) 13.52%
Annual Return (5Y) -14.76%
Annual Return (All) -1.55%
Risk   [View more details]
Annual Volatility 85.17%
Max Drawdown -98.17%
Sharpe Ratio 0.39
Sortino Ratio 0.64
Adjusted Sortino (S/√2) 0.45

  • Initial balance: The amount of starting capital used to invest in the asset or portfolio. In this case, we're starting with a $10,000 investment on November 1995.
  • Final balance: The amount of capital we've accrued over time as of May 2022.
  • Annual return: Also known as annualized return, or CAGR (Compound Annual Growth Rate), measures how much an investment has increased on average each year, during a specific time period. The time period in this case is approximately 27 year(s). Even a small difference in return can have a big impact on the final balance over a long period of time.
  • Annual volatility: Basically indicates how much, in percentage points, the investment can deviate from its annual return, under most circumstances. An investment with an annual return of 5% and an annual volatility of 10% would indicate returns from approximately -5% to 15% most of the time. A lower volatility is usually preferred to ensure more steady returns over time.
  • Best year: The best performance attained over its lifetime in a given year.
  • Worst year: The worst performance undergone over its lifetime in a given year.
  • Max drawdown: The largest percentage drop from a peak to a trough of an asset or portfolio, before a new peak is attained. Maximum drawdown is an indicator of downside risk over a specified time period.
  • Sharpe Ratio: The Sharpe ratio measures the performance of an investment compared to a risk-free asset, after adjusting for its risk. A Sharpe Ratio above 1 is considered good.
  • Sortino Ratio: The Sortino Ratio is a variation of the Sharpe ratio that only penalizes the investment for negative volatility/outcomes, and not for positive volatility. A Sortino Ratio above 1 is considered good.
  • Adjusted Sortino Ratio: Sortino Ratio/√2. To allow for comparing the Sortino ratio to the Sharpe ratio, we multiply the risk measure of the Sortino ratio by the square root of 2 (which is the same as dividing the Sortino ratio by the square root of 2).
  • Ulcer Index: The Ulcer Index (UI) is a technical indicator that measures downside risk in terms of both the depth and duration of price declines.
  • Gain to Pain Ratio: The sum of all returns divided by the absolute value of the sum of all negative returns. In essence, the GPR shows the ratio of net returns to the losses incurred in getting those returns.

Annualized Returns

Annual Return 1y Annual Return 3y Annual Return 5y Annual Return 10y Annual Return 20y Annual Return
OPKO Health, Inc. -19.78% 13.52% -14.76% -4.11% 5.39% -1.55%

Annual Returns

Year OPKO Health, Inc.
1995 -5.56%
1996 -50.12%
1997 224.29%
1998 0%
1999 9.09%
2000 -1.67%
2001 -54.85%
2002 -89.49%
2003 156.86%
2004 -62.18%
2005 20.59%
2006 107.32%
2007 235.29%
2008 -43.16%
2009 12.96%
2010 100.55%
2011 33.51%
2012 -1.84%
2013 75.47%
2014 18.36%
2015 0.6%
2016 -7.46%
2017 -47.31%
2018 -38.57%
2019 -51.16%
2020 168.71%
2021 21.77%
2022 -38.25%

OPKO Health, Inc. had 14 positive years and 13 negative years. That's a positive ratio of 52%.

Monthly Returns

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
1995 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% -11.1% 6.3% -2.6%
1996 4.7% -1.6% -3% 0% -4.5% 1.5% -15% 10.9% -3.4% -26.7% 3.3% -25.4% -40.8%
1997 47.4% 12% -7.1% -21.1% 7.3% -4.5% -3.6% 43.2% 103.4% 26.3% -6% -21.4% 172.6%
1998 5.5% 6% 33.3% 2.4% 11.9% -40.4% 0.9% -43.4% 56.3% 4% -20.2% 32.5% 52.2%
1999 27.3% -10.4% 7.6% -12.6% -5.9% -9% 4.9% 1.9% -2.8% -4.8% -3% 23.7% 26%
2000 86.7% 18.8% -38% -32.1% 17.9% 22.8% -13.6% 9.3% -1.3% -11.6% -8.6% -3.3% 54.9%
2001 -1.7% -19.8% -30.1% -11.9% 20.7% -15.5% 1.6% -5.7% -8.3% -5% -21.3% 38.8% -40.1%
2002 -32.4% -24% -6.4% -6.3% -37.9% -13% -21% 14.1% -24.7% 18.2% -29.1% -24.1% -139.4%
2003 11.4% 51.3% -40.7% 77.1% -3.2% -13.3% 0% 28.8% -19.4% -3.7% 19.2% 45% 202.3%
2004 -2.1% -11.4% 14.1% 9% -39.2% 23.7% -13.7% -7.9% 19.1% -37.8% -22.1% 1.5% -49%
2005 5.9% 19.4% 4.7% -20% 5.6% -5.3% -1.4% 12.7% 0% 5% 7.1% -8.9% 46.9%
2006 4.4% -3.7% -0.5% -2% 0.7% 6.2% -9.3% 156.4% -20% 6.3% 3.5% -3.4% 108.5%
2007 64.7% 55% 71% 29.4% -12.5% -13.1% 15.6% -0.5% -3.8% 4.7% -24.3% -10.9% 159.8%
2008 3.5% -11.3% -21.3% -18.9% 37.7% -33.9% 22.4% 12.4% -16.3% -12.6% 1.3% 4.5% 16.5%
2009 -19.1% -13.7% -13.3% 20.4% 1.7% 47.5% 28.2% 2.6% -2.1% -4.8% -19.4% 4.6% 57.7%
2010 -7.1% 18.2% -1.5% 9.1% -8.3% 14.1% 10.2% -16.9% 8.2% 23.2% 9.4% 21.5% 82.9%
2011 6.3% 23.8% -22.8% 6.7% -5.5% -1.9% 17.9% -3.9% 3.6% 24.2% -7.8% -1.2% 39.9%
2012 7.3% -6.1% -4.3% 0.4% -3.2% -0% -7.8% 4.7% -5.9% 2.4% 2.3% 9.8% 1.8%
2013 33.5% 8.1% 9.9% -12.7% -0.8% 7.4% 4.9% 24% -4.7% 13.7% 5.2% -19.9% 66.6%
2014 -6% 20.1% -2.1% -11.3% 4.2% 2.6% -0.2% 0.9% -4.4% -1.9% 0.4% 19.2% 21.9%
2015 21.4% 20% -2.7% -2.9% 28.5% -9% 1.8% -33.9% -22.3% 12.4% 15.8% -8.1% 12.1%
2016 -20% 15.7% 11.7% 3.5% -1.1% -12.1% 6.5% -8.5% 16.4% -11% 10.3% -10.5% 3.1%
2017 -6.6% -3.5% -4.6% -2.9% -21% 7.2% -2% -0.8% 7.2% -1.9% -22% -6.7% -54.3%
2018 -9% -24% -6.5% -4.1% 27.6% 21.1% 19.6% 5.3% -41.6% -2.3% 10.7% -19.5% -15.4%
2019 22.3% -30.7% 2.4% -8.4% -25.1% 36.3% -13.5% -12.8% 13.6% -32.1% 12% -7.5% -54.4%
2020 -1.4% 3.4% -10.7% 65.7% 2.7% 49.6% 51% -37.1% 13.9% -4.6% 31.8% -14.9% 153.2%
2021 37% -16.8% -4.7% -4.4% -6.8% 6% -15.1% 12.2% -5.4% 3.8% 3.7% 22.4% 34.8%
2022 -34.9% 0% 9.9% -21.5% 10% 0% 0% 0% 0% 0% 0% 0% -35.8%
Pos 59.3% 51.9% 33.3% 38.5% 48.1% 50% 53.8% 57.7% 36% 46.2% 55.6% 44.4% 67.9%
Avg 9.2% 3.5% -2.1% 1.2% 0.1% 2.9% 2.7% 6.5% 2.2% -0.6% -2.2% 1.6% 31.5%

Other Return Metrics

Metric OPKO Health, Inc.
Cumulative Return -34%
Enh Ann Return 21.08%
Best Year 235.29%
Worst Year -89.49%
Best Month 156.41%
Worst Month -43.37%
Best Day 64.29%
Worst Day -28.89%
Win Ratio (Yearly) 53.57%
Win Ratio (Quarterly) 43.93%
Win Ratio (Monthly) 47.95%
Win Ratio (Daily) 47.61%

Annual Volatility

Annual Volatility 1y Annual Volatility 3y Annual Volatility 5y Annual Volatility 10y Annual Volatility 20y Annual Volatility
OPKO Health, Inc. 63.01% 78.55% 75.04% 60.53% 82.63% 85.17%

Sharpe Ratio

Sharpe Ratio 1y Sharpe Ratio 3y Sharpe Ratio 5y Sharpe Ratio 10y Sharpe Ratio 20y Sharpe Ratio
OPKO Health, Inc. -0.03 0.55 0.16 0.23 0.46 0.39

3-Year Rolling Sharpe Ratio

The rolling Sharpe Ratio gives a clue about the continued consistency or stability of the risk-adjusted returns.

Drawdown Periods

Simply said, a drawdown is the "pain" period experienced by an investor between a peak (new highs) and subsequent valley (a low point before moving higher). In the table below are the fifth largest drawdowns encountered for the portfolio/asset in question.

OPKO Health, Inc.

start valley end Drawdown days
2000-02-22 2005-01-03 2015-05-20 -98.17% 5566
2015-06-04 2020-04-02 - -93.99% 2538
1998-06-03 1998-09-01 2000-01-28 -77.59% 604
1996-06-07 1996-12-30 1997-09-18 -66.67% 468
1997-10-21 1998-01-20 1998-03-30 -42.36% 160

The OPKO Health, Inc. took approximately 62 months on average to recover from a major drawdown. The longest drawdown lasted 186 months.

Underwater plot

The underwater plot shows you the drawdown periods on a chart. Whereas the performance chart usually gives you a positive viewpoint, the underwater plot gives you a pessimistic viewpoint. It helps you to visualize downtrends that occurred and how long it took for the portfolio's value to rebound to hit a new high after suffering a loss.

Other Risk Metrics

Metric OPKO Health, Inc.
Sharpe Ratio 0.39
Sortino Ratio 0.64
Adjusted Sortino (S/√2) 0.45
Calmar Ratio -0.02
Omega Ratio -0.02
Gain to Pain Ratio 0.08
Winckel Ratio 53.57
Ulcer Index 0.74
Kelly Criterion 3.62%
Skew 1.59
Kurtosis 13.73
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