AAUC.TO vs. SKE.TO
AAUC.TO (Allied Gold Corporation) and SKE.TO (Skeena Resources Limited) are both stocks. Both are in the Basic Materials sector — AAUC.TO in Gold, SKE.TO in Other Industrial Metals & Mining. Over the past year, AAUC.TO returned 74.77% vs 105.64% for SKE.TO. At a 0.43 correlation, their price movements are largely independent.
Performance
AAUC.TO vs. SKE.TO - Performance Comparison
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Returns By Period
In the year-to-date period, AAUC.TO achieves a 15.42% return, which is significantly lower than SKE.TO's 24.20% return.
AAUC.TO
- 1D
- 1.97%
- 1M
- -5.71%
- YTD
- 15.42%
- 6M
- 18.43%
- 1Y
- 74.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SKE.TO
- 1D
- -5.20%
- 1M
- 1.23%
- YTD
- 24.20%
- 6M
- 39.91%
- 1Y
- 105.64%
- 3Y*
- 77.42%
- 5Y*
- 22.56%
- 10Y*
- 1.18%
AAUC.TO vs. SKE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AAUC.TO Allied Gold Corporation | 15.42% | 207.43% | -2.85% | -33.14% |
SKE.TO Skeena Resources Limited | 24.20% | 160.80% | 93.80% | 0.94% |
Correlation
The correlation between AAUC.TO and SKE.TO is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2023 | 0.43 |
Fundamentals
AAUC.TO:
CA$4.55B
SKE.TO:
CA$4.92B
AAUC.TO:
-CA$1.06
SKE.TO:
-CA$2.12
AAUC.TO:
13.59
SKE.TO:
27.30
AAUC.TO:
CA$1.37B
SKE.TO:
CA$0.00
AAUC.TO:
CA$543.10M
SKE.TO:
-CA$1.08M
AAUC.TO:
CA$331.27M
SKE.TO:
-CA$88.04M
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Return for Risk
AAUC.TO vs. SKE.TO — Risk / Return Rank
AAUC.TO
SKE.TO
AAUC.TO vs. SKE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allied Gold Corporation (AAUC.TO) and Skeena Resources Limited (SKE.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AAUC.TO | SKE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.30 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.68 | 3.46 | -0.78 |
| Martin ratioReturn relative to average drawdown | 7.32 | 9.07 | -1.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AAUC.TO | SKE.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 1.94 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.41 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.01 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.00 | +0.67 |
Drawdowns
AAUC.TO vs. SKE.TO - Drawdown Comparison
The maximum AAUC.TO drawdown since its inception was -50.73%, smaller than the maximum SKE.TO drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for AAUC.TO and SKE.TO.
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Drawdown Indicators
| AAUC.TO | SKE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.73% | -99.99% | +49.26% |
Max Drawdown (1Y)Largest decline over 1 year | -28.00% | -30.66% | +2.66% |
Max Drawdown (3Y)Largest decline over 3 years | — | -37.92% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -73.87% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -98.65% | — |
Current DrawdownCurrent decline from peak | -16.93% | -99.59% | +82.66% |
Average DrawdownAverage peak-to-trough decline | -22.05% | -80.46% | +58.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.24% | 11.69% | -1.45% |
Volatility
AAUC.TO vs. SKE.TO - Volatility Comparison
The current volatility for Allied Gold Corporation (AAUC.TO) is 11.73%, while Skeena Resources Limited (SKE.TO) has a volatility of 18.01%. This indicates that AAUC.TO experiences smaller price fluctuations and is considered to be less risky than SKE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAUC.TO | SKE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.73% | 18.01% | -6.28% |
Volatility (6M)Calculated over the trailing 6-month period | 21.72% | 41.53% | -19.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.34% | 55.04% | -10.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.02% | 55.52% | -1.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.02% | 80.57% | -26.55% |
Dividends
AAUC.TO vs. SKE.TO - Dividend Comparison
Neither AAUC.TO nor SKE.TO has paid dividends to shareholders.
Financials
AAUC.TO vs. SKE.TO - Financials Comparison
This section allows you to compare key financial metrics between Allied Gold Corporation and Skeena Resources Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
AAUC.TO and SKE.TO have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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