AGRO vs. NOG
AGRO (Adecoagro S.A.) and NOG (Northern Oil and Gas, Inc.) are both stocks. AGRO operates in Farm Products (Consumer Defensive), while NOG operates in Oil & Gas E&P (Energy). Over the past 10 years, AGRO returned 0.95%/yr vs -7.03%/yr for NOG. At a 0.25 correlation, their price movements are largely independent.
Performance
AGRO vs. NOG - Performance Comparison
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Returns By Period
In the year-to-date period, AGRO achieves a 31.16% return, which is significantly higher than NOG's -10.36% return. Over the past 10 years, AGRO has outperformed NOG with an annualized return of 0.95%, while NOG has yielded a comparatively lower -7.03% annualized return.
AGRO
- 1D
- 3.10%
- 1M
- -11.80%
- 6M
- 24.56%
- YTD
- 31.16%
- 1Y
- 12.50%
- 3Y*
- 5.30%
- 5Y*
- 4.61%
- 10Y*
- 0.95%
NOG
- 1D
- -1.44%
- 1M
- -7.12%
- 6M
- -12.00%
- YTD
- -10.36%
- 1Y
- -35.02%
- 3Y*
- -14.51%
- 5Y*
- 3.47%
- 10Y*
- -7.03%
AGRO vs. NOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGRO Adecoagro S.A. | 31.16% | -12.37% | -12.39% | 38.60% | 11.50% | 12.94% | -18.76% | 20.26% | -32.69% | -0.39% |
NOG Northern Oil and Gas, Inc. | -10.36% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | -62.56% | 3.54% | 10.24% | -25.45% |
Correlation
The correlation between AGRO and NOG is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2011 | 0.25 |
The correlation between AGRO and NOG shifts across timeframes, from 0.25 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
AGRO:
$5.82B
NOG:
$2.01B
AGRO:
$0.03
NOG:
-$6.34
AGRO:
3.48
NOG:
1.20
AGRO:
3.01
NOG:
1.02
AGRO:
$1.50B
NOG:
$1.52B
AGRO:
$378.81M
NOG:
$450.66M
AGRO:
$466.25M
NOG:
$73.21M
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Return for Risk
AGRO vs. NOG — Risk / Return Rank
AGRO
NOG
AGRO vs. NOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Adecoagro S.A. (AGRO) and Northern Oil and Gas, Inc. (NOG). 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.
| AGRO | NOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.11 | ||
| Sortino ratioReturn per unit of downside risk | +1.81 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.89 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.41 | -0.85 | +1.26 |
| Martin ratioReturn relative to average drawdown | 1.04 | -1.62 | +2.65 |
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Drawdowns
AGRO vs. NOG - Drawdown Comparison
The maximum AGRO drawdown since its inception was -73.70%, smaller than the maximum NOG drawdown of -98.96%. Use the drawdown chart below to compare losses from any high point for AGRO and NOG.
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Drawdown Indicators
| AGRO | NOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.70% | -98.96% | +25.26% |
Max Drawdown (1Y)Largest decline over 1 year | -39.99% | -41.43% | +1.44% |
Max Drawdown (3Y)Largest decline over 3 years | -39.99% | -55.08% | +15.09% |
Max Drawdown (5Y)Largest decline over 5 years | -45.34% | -55.08% | +9.74% |
Max Drawdown (10Y)Largest decline over 10 years | -72.07% | -92.98% | +20.91% |
Current DrawdownCurrent decline from peak | -32.08% | -92.85% | +60.77% |
Average DrawdownAverage peak-to-trough decline | -31.48% | -69.82% | +38.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.75% | 21.78% | -6.03% |
Volatility
AGRO vs. NOG - Volatility Comparison
Adecoagro S.A. (AGRO) has a higher volatility of 16.23% compared to Northern Oil and Gas, Inc. (NOG) at 14.14%. This indicates that AGRO's price experiences larger fluctuations and is considered to be riskier than NOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGRO | NOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.23% | 14.14% | +2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 40.67% | 32.39% | +8.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.55% | 45.38% | +3.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.03% | 49.25% | -7.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.97% | 70.57% | -30.60% |
Dividends
AGRO vs. NOG - Dividend Comparison
AGRO's dividend yield for the trailing twelve months is around 2.87%, less than NOG's 9.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
AGRO Adecoagro S.A. | 2.87% | 4.41% | 3.63% | 2.95% | 3.83% | 0.00% |
NOG Northern Oil and Gas, Inc. | 9.72% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% |
Financials
AGRO vs. NOG - Financials Comparison
This section allows you to compare key financial metrics between Adecoagro S.A. and Northern Oil and Gas, Inc.. 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
AGRO and NOG have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGRO has higher volatility (16.23%) compared to NOG (14.14%). In terms of maximum drawdown, AGRO dropped -73.70% vs NOG's -98.96%.
AGRO currently has the higher Sharpe Ratio (0.34 vs -0.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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