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Price return: ACON and CDIO Historical recorded observations on the same scale. Missing metrics leave gaps. -108% -79% -49% -20% 10% 2022 2023 2024 2025 2025 2026
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↗ CONTEXT ATTACHED ACON + CDIO Prices, financials and SEC filing evidence
Business overlap Businesses Fundamentals Methodology Similarity 47.1%
7 shared / 8 total tags How similar are their businesses? The score compares business activities in annual filings released in 2025. Core activities receive four times the weight of material activities. Industries that fewer companies share carry more weight.
Digital Health Enterprise Software Healthcare Medical Devices SaaS Software
How we measure overlap ↗ The businesses behind the score
Industry overlap Filing-derived business activity overlap Counts of retained positive business classifications. Circle sizes do not encode the counts or the weighted similarity score. ACON only 0 Shared 7 CDIO only 1 ACON only · 0 No activities in this group.
Shared activities · 7 Digital HealthACON: Core · CDIO: Material ↗ Filing evidence Enterprise SoftwareACON: Material · CDIO: Material ↗ Filing evidence HealthcareACON: Core · CDIO: Core ↗ Filing evidence Medical DevicesACON: Material · CDIO: Material ↗ Filing evidence SaaSACON: Material · CDIO: Material ↗ Filing evidence SoftwareACON: Core · CDIO: Material ↗ Filing evidence View all 7 activities Show fewer activities TechnologyACON: Core · CDIO: Material ↗ Filing evidence CDIO only · 1 AnalyticsMaterial ↗ Filing evidence Positive activities from the two selected annual filings. Expand each group to view all its activities, or use the complete table below. These are classification sets, not revenue shares. The weighted similarity score also accounts for exposure and how common each activity is. Show business activity table · 8 rows, 3 columns All 8 Shared 7 Different 1
Core activities receive full weight; material activities receive one quarter. Select a tag to read the filing evidence.
ACON Core Annual filing released 2025-04-09 · GPT 6 Luna
Aclarion has developed a software application
called NOCISCAN®. The product uses the existing MRS capabilities of many commercially available scanners to non-invasively analyze
the chemical makeup of intervertebral discs in the spine. The software post-processes the MRS exam data and detects the presence of chemical
biomarkers that Aclarion, in conjunction with spine researchers at UCSF, have demonstrated to be associated with degenerative pain and
structural integrity of the lumbar discs. After processing the MRS exam data, Aclarion sends the ordering clinician a report that details
how to interpret the results of the MRS exam. We believe these results help clinicians make faster and more informed decisions about which
lumbar discs are painful, and which are not. ·
NOCIGRAM® further processes the NOCICALC results into individual NOCISCORES, on a 0-10 scale, that represent the different relative levels of degenerative pain biomarkers the various discs examined in the patient. High/low NOCISCORE ranges are also correlated to painful (indicated as “NOCI+” result) versus non-painful (indicated as a “NOCI-result). The NOCISCORE scale was developed according to a reference PD TEST that was used as a standard control in a peer reviewed clinical development trial for our technology. The post-processed MRS results are shown in an intuitive NOCIGRAM report with reference to certain MRI images of the related patient’s lumbar spine. The NOCIGRAM report is provided to the physician to aide in the physician’s diagnosis and treatment planning. Read the annual filing ↗ CDIO Material Annual filing released 2025-03-20 · GPT 6 Luna
In 2024, we launched our first software
product, HeartRisk™. HeartRisk™ is a cardiovascular disease risk intelligence platform that combines insights from HIPAA-compliant
anonymized and aggregated clinical cardiovascular data obtained through our Epi+Gen CHD™ and PrecisionCHD™ clinical blood
tests, with industry and geographic data to enable real-time population-level cardiovascular disease (“CVD”) risk insights.
These insights are customized for the stakeholder implementing our clinical solutions.
8
Clinicians’ Current Approach to Cardiovascular Disease
Currently, a patient’s risk for CVD is generally assessed
using two common lipid-based clinical tests known as Framingham Risk Score (FRS) and ASCVD Pooled Cohort Equation (PCE). We believe
that the Epi+Gen CHD™ test can benefit numerous healthcare stakeholders. For instance, we believe that this test will enable clinicians
to identify patients at-risk in the near-term for CHD-related events, including a heart attack, and utilize actionable insights from
this test to provide more personalized care for their patients to help prevent the event and improve outcomes. These actionable insights
are conveyed via our provider-facing Actionable Clinical Intelligence™ platform, which maps a patient’s unique biomarker
profile and other information onto pathways and modifiable drivers of coronary heart disease. In addition to clinicians, we believe that
this test can enable healthcare organizations and payors to reduce the cost of care, and employers to understand and better manage business
risks including healthcare costs. Read the annual filing ↗ ACON Material Annual filing released 2025-04-09 · GPT 6 Luna
Aclarion has developed a software application
called NOCISCAN®. The product uses the existing MRS capabilities of many commercially available scanners to non-invasively analyze
the chemical makeup of intervertebral discs in the spine. The software post-processes the MRS exam data and detects the presence of chemical
biomarkers that Aclarion, in conjunction with spine researchers at UCSF, have demonstrated to be associated with degenerative pain and
structural integrity of the lumbar discs. After processing the MRS exam data, Aclarion sends the ordering clinician a report that details
how to interpret the results of the MRS exam. We believe these results help clinicians make faster and more informed decisions about which
lumbar discs are painful, and which are not. ·
NOCIGRAM® further processes the NOCICALC results into individual NOCISCORES, on a 0-10 scale, that represent the different relative levels of degenerative pain biomarkers the various discs examined in the patient. High/low NOCISCORE ranges are also correlated to painful (indicated as “NOCI+” result) versus non-painful (indicated as a “NOCI-result). The NOCISCORE scale was developed according to a reference PD TEST that was used as a standard control in a peer reviewed clinical development trial for our technology. The post-processed MRS results are shown in an intuitive NOCIGRAM report with reference to certain MRI images of the related patient’s lumbar spine. The NOCIGRAM report is provided to the physician to aide in the physician’s diagnosis and treatment planning. Read the annual filing ↗ CDIO Material Annual filing released 2025-03-20 · GPT 6 Luna
In 2024, we launched our first software
product, HeartRisk™. HeartRisk™ is a cardiovascular disease risk intelligence platform that combines insights from HIPAA-compliant
anonymized and aggregated clinical cardiovascular data obtained through our Epi+Gen CHD™ and PrecisionCHD™ clinical blood
tests, with industry and geographic data to enable real-time population-level cardiovascular disease (“CVD”) risk insights.
These insights are customized for the stakeholder implementing our clinical solutions.
8
Clinicians’ Current Approach to Cardiovascular Disease
Currently, a patient’s risk for CVD is generally assessed
using two common lipid-based clinical tests known as Framingham Risk Score (FRS) and ASCVD Pooled Cohort Equation (PCE). Insights for these stakeholders upon leveraging the Epi+Gen CHD™ test are provided via our new
software product, HeartRisk™, which is a cardiovascular disease risk intelligence platform. The pricing for this platform will
be customized based on the organization type and size, and use case.
PrecisionCHD™ is the Only Epigenetics-based Clinical
Test for the Early Detection of Coronary Heart Disease Read the annual filing ↗ ACON Core Annual filing released 2025-04-09 · GPT 6 Luna
Aclarion has developed a software application
called NOCISCAN®. The product uses the existing MRS capabilities of many commercially available scanners to non-invasively analyze
the chemical makeup of intervertebral discs in the spine. The software post-processes the MRS exam data and detects the presence of chemical
biomarkers that Aclarion, in conjunction with spine researchers at UCSF, have demonstrated to be associated with degenerative pain and
structural integrity of the lumbar discs. After processing the MRS exam data, Aclarion sends the ordering clinician a report that details
how to interpret the results of the MRS exam. We believe these results help clinicians make faster and more informed decisions about which
lumbar discs are painful, and which are not. ·
NOCIGRAM® further processes the NOCICALC results into individual NOCISCORES, on a 0-10 scale, that represent the different relative levels of degenerative pain biomarkers the various discs examined in the patient. High/low NOCISCORE ranges are also correlated to painful (indicated as “NOCI+” result) versus non-painful (indicated as a “NOCI-result). The NOCISCORE scale was developed according to a reference PD TEST that was used as a standard control in a peer reviewed clinical development trial for our technology. The post-processed MRS results are shown in an intuitive NOCIGRAM report with reference to certain MRI images of the related patient’s lumbar spine. The NOCIGRAM report is provided to the physician to aide in the physician’s diagnosis and treatment planning. Read the annual filing ↗ CDIO Core Annual filing released 2025-03-20 · GPT 6 Luna
The second is
an analytical component, which involves applying a proprietary interpretive predictive machine learning model to predict risk and provide
personalized insights to help clinicians tailor patient management. The combination of biomarkers and predictive machine learning model
is unique to each clinical test we develop.
7
Our
Products and Services
We have and will continue
to leverage our AI-driven Integrated Genetic-Epigenetic Engine™ to develop a series of clinical tests for cardiovascular disease.
As of March 2025, we have leveraged this Engine to develop two clinical products: Epi+Gen CHD™ and PrecisionCHD™. We believe that our first product,
Epi+Gen CHD™, is the first epigenetics-based clinical blood test capable of assessing near-term (three-year) risk for a
coronary heart disease (“CHD”) event, including heart attacks, and our
second product, PrecisionCHD™, is the first epigenetics-based clinical blood test for the detection of CHD.
Both Epi+Gen CHD and PrecisionCHD
are accompanied by our provider-facing Actionable Clinical Intelligence™ platform, which maps a patient’s unique biomarker
profile and other information onto modifiable factors such as diabetes, hypertension, hypercholesterolemia, and smoking, known to be critical
drivers of coronary heart disease.
CardioInnovate360™ is a
research use only (RUO) solution we launched to support the discovery, development and validation of novel biopharmaceuticals for the
assessment and management of cardiovascular diseases. Read the annual filing ↗ ACON Material Annual filing released 2025-04-09 · GPT 6 Luna
(c) The
NOCISCAN Post-Processor Suite: This comprises the products that Aclarion currently markets and sells. The post-processor technology
requires MRS exam data acquired only according to Aclarion’s proprietary MRS exam protocols described in (a) above. The NOCISCAN
Post-Processor Suite comprises of two software products that interact with each other:
·
NOCICALC® receives the raw un-processed NOCISCAN MRS exam data and post-processes that raw data into final spectra, and performs various degenerative pain biomarker calculations from those spectra, for each disc examined. NOCICALC is Registered as a Class I Medical Device with the FDA. In the United States, the NOCISCAN product suite
is only partially regulated as a medical device by the FDA. The NOCICALC product is considered a Class I “exempt” medical
device and is registered as such with the FDA under product Classification “Calculator/Data Processing Module, for Clinical Use,”
Product Code “JQP,” Regulation Number 862.2100, and Registration Number 3015426626.
The process to determine whether a product can
be considered a Class I “exempt” medical device consists of self-determining whether the product is adequately described by
one of the existing categories classified by the FDA. In conjunction with our regulatory consultants, we determined that the product Classification
“Calculator/Data Processing Module, for Clinical Use,” adequately described our NOCICALC product. Read the annual filing ↗ CDIO Material Annual filing released 2025-03-20 · GPT 6 Luna
We believe that our first product,
Epi+Gen CHD™, is the first epigenetics-based clinical blood test capable of assessing near-term (three-year) risk for a
coronary heart disease (“CHD”) event, including heart attacks, and our
second product, PrecisionCHD™, is the first epigenetics-based clinical blood test for the detection of CHD.
Both Epi+Gen CHD and PrecisionCHD
are accompanied by our provider-facing Actionable Clinical Intelligence™ platform, which maps a patient’s unique biomarker
profile and other information onto modifiable factors such as diabetes, hypertension, hypercholesterolemia, and smoking, known to be critical
drivers of coronary heart disease.
CardioInnovate360™ is a
research use only (RUO) solution we launched to support the discovery, development and validation of novel biopharmaceuticals for the
assessment and management of cardiovascular diseases. PrecisionCHD™ is a scientifically
backed clinical blood test that is based on an individual’s objective genetic and epigenetic DNA biomarkers for the detection of
coronary heart disease. In a peer-reviewed published study by Cardio in collaboration with Intermountain Healthcare and University of
Iowa Hospitals and Clinics (Philibert, Robert & Dogan, Timur & Knight, Stacey & Ahmad, Ferhaan & Lau, Stanley & Miles,
George & Knowlton, Kirk & Dogan, Meeshanthini. (2023). Validation of integrated genetic-epigenetic test for the assessment of
coronary heart disease. Journal of American Heart Association. 12:e030934. DOI: 10.1161/JAHA.123.030934), this test demonstrated an overall
average area under the curve, sensitivity, and specificity in three independent test cohorts for detecting coronary heart disease of 82%,
79%, and 76%, respectively. Read the annual filing ↗ ACON Material Annual filing released 2025-04-09 · GPT 6 Luna
Aclarion is a healthcare
technology company that leverages Magnetic Resonance Spectroscopy (“MRS”), proprietary signal processing techniques, biomarkers,
and augmented intelligence algorithms to optimize clinical treatments. The Company is first addressing the chronic low back pain market
with Nociscan, the first, evidence-supported, SaaS platform to noninvasively help physicians distinguish between painful and nonpainful
discs in the lumbar spine. Through a cloud connection, Nociscan receives magnetic resonance spectroscopy (MRS) data from an MRI machine
for each lumbar disc being evaluated. In the cloud, proprietary signal processing techniques extract and quantify chemical biomarkers
demonstrated to be associated with disc pain. Biomarker data is entered into proprietary algorithms to indicate if a disc may be a source
of pain. Operating segments are components of an enterprise
about which separate financial information is available and is evaluated quarterly, by management, namely the Chief Operating Decision
Maker (“CODM”) of an organization, in order to determine operating and resource allocation decisions. By the definition, the
Company has identified Brent Ness, Chief Executive Officer, as the CODM.
The Company operates and reports in one segment
(“Nociscan segment”) related to the delivery of Nociscan reports. The Company generates revenues, earnings, net income, and
cash flows through the single segment by collecting fees from our clients for providing Nociscan reports.
The Company believes that this structure reflects
its current operational and financial management, and that it provides the best structure for the Company to focus on growth opportunities
while maintaining financial responsibility. Read the annual filing ↗ CDIO Material Annual filing released 2025-03-20 · GPT 6 Luna
In 2024, we launched our first software
product, HeartRisk™. HeartRisk™ is a cardiovascular disease risk intelligence platform that combines insights from HIPAA-compliant
anonymized and aggregated clinical cardiovascular data obtained through our Epi+Gen CHD™ and PrecisionCHD™ clinical blood
tests, with industry and geographic data to enable real-time population-level cardiovascular disease (“CVD”) risk insights.
These insights are customized for the stakeholder implementing our clinical solutions.
8
Clinicians’ Current Approach to Cardiovascular Disease
Currently, a patient’s risk for CVD is generally assessed
using two common lipid-based clinical tests known as Framingham Risk Score (FRS) and ASCVD Pooled Cohort Equation (PCE). · Expand the adoption of our products across key channels, including health systems and self-insured employers,
including for HeartRisk, Cardio’s new SaaS product;
· Scale our internal operations capabilities with a focus on improving efficiency and reducing our cost
of goods sold; and
· Pursue potential strategic partnership(s) and acquisition(s) of one or more synergistic companies.
Recent
Developments
At the
Market Sales Agreement Read the annual filing ↗ ACON Core Annual filing released 2025-04-09 · GPT 6 Luna
Aclarion has developed a software application
called NOCISCAN®. The product uses the existing MRS capabilities of many commercially available scanners to non-invasively analyze
the chemical makeup of intervertebral discs in the spine. The software post-processes the MRS exam data and detects the presence of chemical
biomarkers that Aclarion, in conjunction with spine researchers at UCSF, have demonstrated to be associated with degenerative pain and
structural integrity of the lumbar discs. After processing the MRS exam data, Aclarion sends the ordering clinician a report that details
how to interpret the results of the MRS exam. We believe these results help clinicians make faster and more informed decisions about which
lumbar discs are painful, and which are not. (c) The
NOCISCAN Post-Processor Suite: This comprises the products that Aclarion currently markets and sells. The post-processor technology
requires MRS exam data acquired only according to Aclarion’s proprietary MRS exam protocols described in (a) above. The NOCISCAN
Post-Processor Suite comprises of two software products that interact with each other:
·
NOCICALC® receives the raw un-processed NOCISCAN MRS exam data and post-processes that raw data into final spectra, and performs various degenerative pain biomarker calculations from those spectra, for each disc examined. NOCICALC is Registered as a Class I Medical Device with the FDA. Read the annual filing ↗ CDIO Material Annual filing released 2025-03-20 · GPT 6 Luna
In 2024, we launched our first software
product, HeartRisk™. HeartRisk™ is a cardiovascular disease risk intelligence platform that combines insights from HIPAA-compliant
anonymized and aggregated clinical cardiovascular data obtained through our Epi+Gen CHD™ and PrecisionCHD™ clinical blood
tests, with industry and geographic data to enable real-time population-level cardiovascular disease (“CVD”) risk insights.
These insights are customized for the stakeholder implementing our clinical solutions.
8
Clinicians’ Current Approach to Cardiovascular Disease
Currently, a patient’s risk for CVD is generally assessed
using two common lipid-based clinical tests known as Framingham Risk Score (FRS) and ASCVD Pooled Cohort Equation (PCE). In March 2023, we announced the
debut of the PrecisionCHD™ test, our second clinical blood test for the detection of CHD. In May 2023, we launched CardioInnovate360™
a research-use- only (RUO) solution to support the discovery, development and validation of novel biopharmaceuticals for the assessment
and management of cardiovascular diseases. In February 2024, we announced the launch of HeartRisk™, our first software product that
is a cardiovascular disease risk intelligence platform. We have several other tests in our product pipeline at various stages of development
for congestive heart failure, stroke and diabetes. However, as a company in the early stages of its development, we continuously reevaluate
our business, the market in which we operate and potential new opportunities. Read the annual filing ↗ ACON Core Annual filing released 2025-04-09 · GPT 6 Luna
Aclarion is a healthcare technology company that
leverages Magnetic Resonance Spectroscopy (“MRS”), and proprietary biomarkers to optimize clinical treatments. Aclarion’s
technology addresses the $134.5B U.S. low back and neck pain market, which according to a 2020 JAMA (Journal of the American Medical Association)
article is now the most costly healthcare condition in the United States. The Company is currently utilizing Artificial Intelligence (“AI”)
to assist in quality control processes that flag spectroscopy data indicative of a poor MRS study. The use of AI in this application is
early in its development cycle and is expected to evolve with further research and development. Aclarion has developed a software application
called NOCISCAN®. The product uses the existing MRS capabilities of many commercially available scanners to non-invasively analyze
the chemical makeup of intervertebral discs in the spine. The software post-processes the MRS exam data and detects the presence of chemical
biomarkers that Aclarion, in conjunction with spine researchers at UCSF, have demonstrated to be associated with degenerative pain and
structural integrity of the lumbar discs. After processing the MRS exam data, Aclarion sends the ordering clinician a report that details
how to interpret the results of the MRS exam. We believe these results help clinicians make faster and more informed decisions about which
lumbar discs are painful, and which are not. Read the annual filing ↗ CDIO Material Annual filing released 2025-03-20 · GPT 6 Luna
In 2024, we launched our first software
product, HeartRisk™. HeartRisk™ is a cardiovascular disease risk intelligence platform that combines insights from HIPAA-compliant
anonymized and aggregated clinical cardiovascular data obtained through our Epi+Gen CHD™ and PrecisionCHD™ clinical blood
tests, with industry and geographic data to enable real-time population-level cardiovascular disease (“CVD”) risk insights.
These insights are customized for the stakeholder implementing our clinical solutions.
8
Clinicians’ Current Approach to Cardiovascular Disease
Currently, a patient’s risk for CVD is generally assessed
using two common lipid-based clinical tests known as Framingham Risk Score (FRS) and ASCVD Pooled Cohort Equation (PCE). Insights for these stakeholders upon leveraging the Epi+Gen CHD™ test are provided via our new
software product, HeartRisk™, which is a cardiovascular disease risk intelligence platform. The pricing for this platform will
be customized based on the organization type and size, and use case.
PrecisionCHD™ is the Only Epigenetics-based Clinical
Test for the Early Detection of Coronary Heart Disease Read the annual filing ↗ ACON Not tagged Annual filing released 2025-04-09 · GPT 6 Luna
This activity has no positive tag in the selected filing snapshot.
Read the annual filing ↗ CDIO Material Annual filing released 2025-03-20 · GPT 6 Luna
In 2024, we launched our first software
product, HeartRisk™. HeartRisk™ is a cardiovascular disease risk intelligence platform that combines insights from HIPAA-compliant
anonymized and aggregated clinical cardiovascular data obtained through our Epi+Gen CHD™ and PrecisionCHD™ clinical blood
tests, with industry and geographic data to enable real-time population-level cardiovascular disease (“CVD”) risk insights.
These insights are customized for the stakeholder implementing our clinical solutions.
8
Clinicians’ Current Approach to Cardiovascular Disease
Currently, a patient’s risk for CVD is generally assessed
using two common lipid-based clinical tests known as Framingham Risk Score (FRS) and ASCVD Pooled Cohort Equation (PCE). Insights for these stakeholders upon leveraging the Epi+Gen CHD™ test are provided via our new
software product, HeartRisk™, which is a cardiovascular disease risk intelligence platform. The pricing for this platform will
be customized based on the organization type and size, and use case.
PrecisionCHD™ is the Only Epigenetics-based Clinical
Test for the Early Detection of Coronary Heart Disease Read the annual filing ↗ What each company does Compare the businesses AS
Aclarion, Inc. Common Stock ACON · XNAS Aclarion, Inc. operates as a healthcare technology company in the United States. The company uses magnetic resonance spectroscopy (MRS) and proprietary biomarkers to optimize clinical treatments. It develops NOCISCAN, which uses MRS capabilities to non-invasively analyze the chemical makeup of intervertebral discs in the spine. The company also provides NOCISCAN MRS Exam Protocol, a custom software protocol for using commercially available MRS pulse sequences in scanning intervertebral discs which extends the time of a standard lumbar MRI exam; and data transfer products, including AMBRA Healthcare, an imaging data transfer platform and NOCIWEB, a custom developed web-interface. In addition, it offers The NOCISCAN Post-Processor Suite comprising NOCICALC, a Class I medical device that receives the raw un-processed NOCISCAN MRS exam data and post-processes that raw data into final spectra, and performs various degenerative pain biomarker calculations from those spectra, for each disc examined; and NOCIGRAM, which further processes the NOCICALC results into individual NOCISCORES, on a 0-10 scale, that represent the different relative levels of degenerative pain biomarkers the various discs examined in the patient. The company was formerly known as Nocimed, Inc. and changed its name to Aclarion, Inc. in December 2021. Aclarion, Inc. was incorporated in 2008 and is based in Broomfield, Colorado.
Open ACON dashboard ↗ CS
Cardio Diagnostics Holdings Inc. Common stock CDIO · XNAS Cardio Diagnostics Holdings, Inc. develops and commercializes epigenetics-based clinical tests for cardiovascular disease. The company offers Epi+Gen CHD, a three-year symptomatic coronary heart disease (CHD) risk assessment clinical blood test targeting CHD events, including heart attacks; PrecisionCHD, an integrated epigenetic-genetic clinical blood test for the detection of coronary heart disease; and Actionable Clinical Intelligence, a platform that offers new epigenetic and genetic insights to clinicians prescribing to help improve chronic care management. It also provides CardioInnovate360, a research-use-only solution to support the discovery, development and validation of novel biopharmaceuticals for the assessment and management of cardiovascular diseases; and HeartRisk, a SaaS cardiovascular disease risk intelligence platform. It serves telemedicine providers; provider organizations, including concierge practices, longevity clinics, and risk-bearing provider organizations; and employer organizations. Cardio Diagnostics Holdings, Inc. was founded in 2017 and is headquartered in Chicago, Illinois.
Open CDIO dashboard ↗ Show fundamentals table · 11 rows, 3 columns USD values from stored observations. Fiscal period endings and availability dates may differ.
ACON period ended 2025-12-31 · available 2026-03-18 · SEC filing ↗ CDIO period ended 2025-12-31 · available 2026-03-13 · SEC filing ↗ Behind the comparison Sources and methodology Price return uses split-adjusted daily closes and excludes dividends. Both stocks start on the first shared trading day within the selected window. Unavailable metrics leave gaps.
Financials use SEC canonical statements available by the displayed cutoff, retaining each company's fiscal period end. Annual and quarterly amounts are shown separately. P/E is unavailable when earnings do not support a positive ratio.
Business overlap uses industry tags from annual filings released in 2025. Each core activity receives full weight; each material activity receives one quarter of that weight. Rarer industries carry more weight. We sum the smaller exposure for each shared activity and divide it by the sum of the larger exposure for every activity in either company. This measures business overlap, rather than price correlation or expected returns.
Search eligibility requires distinct issuers, a shared core category and at least 20% weighted overlap, supported by industry or sector evidence and specific business activities. Broad classifications require stronger overlap within the same sector. Comparisons also need at least 252 shared price observations within two years, recent trading and a common sourced revenue or net-income trend. Missing P/E or gross margin alone does not exclude a comparison. The eligibility snapshot refreshes daily. Related comparisons use a separate, stricter peer rule; their ten-peer discovery limit does not limit search eligibility. Other stock pairs remain available in the comparison tool.
Statements available through 2026-11-11. Industry snapshot: 2025-12-31 · 5,721 classified issuers.