AEM vs. NEM
Compare and contrast key facts about Agnico Eagle Mines Limited (AEM) and Newmont Goldcorp Corporation (NEM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AEM or NEM.
Performance
AEM vs. NEM - Performance Comparison
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
55.30%
-5.02%
25.48%
73.10%
9.65%
14.47%
NEM
6.64%
-26.18%
6.21%
18.27%
5.88%
10.99%
Fundamentals
AEM | NEM | |
---|---|---|
Market Cap | $41.91B | $49.16B |
EPS | $1.98 | -$2.18 |
PEG Ratio | 28.15 | 0.79 |
Total Revenue (TTM) | $7.86B | $16.84B |
Gross Profit (TTM) | $3.04B | $3.84B |
EBITDA (TTM) | $3.37B | $3.88B |
Key characteristics
AEM | NEM | |
---|---|---|
Sharpe Ratio | 2.42 | 0.51 |
Sortino Ratio | 2.95 | 0.92 |
Omega Ratio | 1.38 | 1.13 |
Calmar Ratio | 1.71 | 0.31 |
Martin Ratio | 11.58 | 1.54 |
Ulcer Index | 6.33% | 12.41% |
Daily Std Dev | 30.27% | 37.26% |
Max Drawdown | -90.33% | -77.75% |
Current Drawdown | -5.94% | -44.43% |
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Correlation
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.
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.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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.
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.
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.
Total Revenue: Total amount of money received from sales and other business activities