Both in Pharmaceuticals

Innoviva vs Ocular Therapeutix

Over the past year INVA returned +17.1% and OCUL returned −34.5%; their daily moves had a correlation of 0.10.

INVA +17.1% OCUL −34.5%Growth of $1, one year, split-adjusted
MetricINVAOCUL
Price$21.26$7.14
Market cap$1.54B$1.57B
Today+1.58%+4.69%
1 month+2.1%−2.7%
6 months−5.6%−26.5%
Year to date+6.4%−41.2%
1 year+17.4%−37.4%
Revenue growth (YoY)+19.3%+0.1%
Gross margin81.3%85.1%
Net margin−69.8%−584.5%
P/E (TTM)4.3×—
Price / sales3.5×30.1×
Net cash$319.0M$525.8M
Dividend yield——
Volatility (60d)21.1%75.4%
Short % of float10.5%15.1%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).