ABRA.TO vs. ENLT
ABRA.TO (AbraSilver Resource Corp) and ENLT (Enlight Renewable Energy Ltd. Ordinary Shares) are both stocks. ABRA.TO operates in Other Precious Metals & Mining (Basic Materials), while ENLT operates in Utilities - Renewable (Utilities). Over the past 3 years, ABRA.TO returned 115.54%/yr vs 73.38%/yr for ENLT. At a 0.14 correlation, their price movements are largely independent.
Performance
ABRA.TO vs. ENLT - Performance Comparison
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Different Trading Currencies
ABRA.TO is traded in CAD, while ENLT is traded in USD. To make them comparable, the ENLT values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ABRA.TO achieves a 33.15% return, which is significantly lower than ENLT's 96.88% return.
ABRA.TO
- 1D
- -1.66%
- 1M
- -22.80%
- YTD
- 33.15%
- 6M
- 35.69%
- 1Y
- 194.41%
- 3Y*
- 115.54%
- 5Y*
- 39.94%
- 10Y*
- 121.51%
ENLT
- 1D
- -0.15%
- 1M
- -17.21%
- YTD
- 96.88%
- 6M
- 105.68%
- 1Y
- 283.45%
- 3Y*
- 73.38%
- 5Y*
- —
- 10Y*
- —
ABRA.TO vs. ENLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ABRA.TO AbraSilver Resource Corp | 33.15% | 356.41% | 40.12% | 12.84% |
ENLT Enlight Renewable Energy Ltd. Ordinary Shares | 96.88% | 151.58% | -2.27% | 5.19% |
Correlation
The correlation between ABRA.TO and ENLT is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2023 | 0.14 |
Fundamentals
ABRA.TO:
CA$2.28B
ENLT:
$12.67B
ABRA.TO:
-CA$0.40
ENLT:
$0.66
ABRA.TO:
33.20
ENLT:
5.97
ABRA.TO:
CA$0.00
ENLT:
$813.08M
ABRA.TO:
-CA$2.91M
ENLT:
$446.15M
ABRA.TO:
-CA$63.24M
ENLT:
$670.45M
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Return for Risk
ABRA.TO vs. ENLT — Risk / Return Rank
ABRA.TO
ENLT
ABRA.TO vs. ENLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AbraSilver Resource Corp (ABRA.TO) and Enlight Renewable Energy Ltd. Ordinary Shares (ENLT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ABRA.TO | ENLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.66 | ||
| Sortino ratioReturn per unit of downside risk | -1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.57 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 4.50 | 11.96 | -7.46 |
| Martin ratioReturn relative to average drawdown | 13.71 | 46.79 | -33.09 |
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Drawdowns
ABRA.TO vs. ENLT - Drawdown Comparison
The maximum ABRA.TO drawdown since its inception was -100.00%, which is greater than ENLT's maximum drawdown of -37.30%. Use the drawdown chart below to compare losses from any high point for ABRA.TO and ENLT.
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Drawdown Indicators
| ABRA.TO | ENLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -37.30% | -62.70% |
Max Drawdown (1Y)Largest decline over 1 year | -43.50% | -23.88% | -19.62% |
Max Drawdown (3Y)Largest decline over 3 years | -43.50% | -36.38% | -7.12% |
Max Drawdown (5Y)Largest decline over 5 years | -61.67% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -94.44% | — | — |
Current DrawdownCurrent decline from peak | -95.66% | -17.21% | -78.45% |
Average DrawdownAverage peak-to-trough decline | -96.93% | -10.39% | -86.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.25% | 6.09% | +8.16% |
Volatility
ABRA.TO vs. ENLT - Volatility Comparison
AbraSilver Resource Corp (ABRA.TO) has a higher volatility of 27.09% compared to Enlight Renewable Energy Ltd. Ordinary Shares (ENLT) at 22.79%. This indicates that ABRA.TO's price experiences larger fluctuations and is considered to be riskier than ENLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABRA.TO | ENLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.09% | 22.79% | +4.30% |
Volatility (6M)Calculated over the trailing 6-month period | 64.09% | 47.10% | +16.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 80.43% | 56.08% | +24.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.29% | 45.40% | +29.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1,621.47% | 45.40% | +1,576.07% |
Dividends
ABRA.TO vs. ENLT - Dividend Comparison
Neither ABRA.TO nor ENLT has paid dividends to shareholders.
Financials
ABRA.TO vs. ENLT - Financials Comparison
This section allows you to compare key financial metrics between AbraSilver Resource Corp and Enlight Renewable Energy Ltd. Ordinary Shares. 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
ABRA.TO and ENLT have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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