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AEM vs. NEM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

AEM vs. NEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Agnico Eagle Mines Limited (AEM) and Newmont Goldcorp Corporation (NEM). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
25.48%
6.22%
AEM
NEM

Returns By Period

In the year-to-date period, AEM achieves a 55.30% return, which is significantly higher than NEM's 6.64% return. Over the past 10 years, AEM has outperformed NEM with an annualized return of 14.47%, while NEM has yielded a comparatively lower 10.99% annualized return.


AEM

YTD

55.30%

1M

-5.02%

6M

25.48%

1Y

73.10%

5Y (annualized)

9.65%

10Y (annualized)

14.47%

NEM

YTD

6.64%

1M

-26.18%

6M

6.21%

1Y

18.27%

5Y (annualized)

5.88%

10Y (annualized)

10.99%

Fundamentals


AEMNEM
Market Cap$41.91B$49.16B
EPS$1.98-$2.18
PEG Ratio28.150.79
Total Revenue (TTM)$7.86B$16.84B
Gross Profit (TTM)$3.04B$3.84B
EBITDA (TTM)$3.37B$3.88B

Key characteristics


AEMNEM
Sharpe Ratio2.420.51
Sortino Ratio2.950.92
Omega Ratio1.381.13
Calmar Ratio1.710.31
Martin Ratio11.581.54
Ulcer Index6.33%12.41%
Daily Std Dev30.27%37.26%
Max Drawdown-90.33%-77.75%
Current Drawdown-5.94%-44.43%

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Correlation

-0.50.00.51.00.6

The correlation between AEM and NEM is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

AEM vs. NEM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Agnico Eagle Mines Limited (AEM) 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.


Sharpe ratio
The chart of Sharpe ratio for AEM, currently valued at 2.42, compared to the broader market-4.00-2.000.002.004.002.420.51
The chart of Sortino ratio for AEM, currently valued at 2.95, compared to the broader market-4.00-2.000.002.004.002.950.92
The chart of Omega ratio for AEM, currently valued at 1.38, compared to the broader market0.501.001.502.001.381.13
The chart of Calmar ratio for AEM, currently valued at 1.71, compared to the broader market0.002.004.006.001.710.31
The chart of Martin ratio for AEM, currently valued at 11.58, compared to the broader market0.0010.0020.0030.0011.581.54
AEM
NEM

The current AEM Sharpe Ratio is 2.42, which is higher than the NEM Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of AEM 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.

Rolling 12-month Sharpe Ratio0.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
2.42
0.51
AEM
NEM

Dividends

AEM vs. NEM - Dividend Comparison

AEM's dividend yield for the trailing twelve months is around 1.91%, less than NEM's 2.65% yield.


TTM20232022202120202019201820172016201520142013
AEM
Agnico Eagle Mines Limited
1.91%2.92%3.08%2.63%1.35%1.10%1.09%0.89%0.86%1.22%1.29%3.34%
NEM
Newmont Goldcorp Corporation
2.65%3.87%4.66%3.55%1.74%3.31%1.62%0.67%0.37%0.56%1.19%5.32%

Drawdowns

AEM vs. NEM - Drawdown Comparison

The maximum AEM drawdown since its inception was -90.33%, which is greater than NEM's maximum drawdown of -77.75%. Use the drawdown chart below to compare losses from any high point for AEM and NEM. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-5.94%
-44.43%
AEM
NEM

Volatility

AEM vs. NEM - Volatility Comparison

The current volatility for Agnico Eagle Mines Limited (AEM) is 11.23%, while Newmont Goldcorp Corporation (NEM) has a volatility of 17.98%. This indicates that AEM experiences smaller price fluctuations and is considered to be less risky than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%JuneJulyAugustSeptemberOctoberNovember
11.23%
17.98%
AEM
NEM

Financials

AEM vs. NEM - Financials Comparison

This section allows you to compare key financial metrics between Agnico Eagle Mines 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items