ABX.AX vs. NEM

In the year-to-date period, ABX.AX achieves a -0.00% return, which is significantly lower than NEM's 43.16% return. Over the past 10 years, ABX.AX has underperformed NEM with an annualized return of -18.57%, while NEM has yielded a comparatively higher 9.54% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for ABx Group Limited (ABX.AX) and Newmont Goldcorp Corporation (NEM). 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.

The current ABX.AX Sharpe Ratio is -0.25, which is lower than the NEM Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of ABX.AX and NEM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

ABX.AX has not paid dividends to shareholders, while NEM's dividend yield for the trailing twelve months is around 2.37%.

The maximum ABX.AX drawdown since its inception was -96.19%, which is greater than NEM's maximum drawdown of -77.55%. Use the drawdown chart below to compare losses from any high point for ABX.AX and NEM.

ABx Group Limited (ABX.AX) has a higher volatility of 29.12% compared to Newmont Goldcorp Corporation (NEM) at 10.36%. This indicates that ABX.AX's price experiences larger fluctuations and is considered to be riskier than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

This section allows you to compare key financial metrics between ABx Group Limited and Newmont Goldcorp Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.