AMR vs. SMID
AMR (Alpha Metallurgical Resources, Inc.) and SMID (Smith-Midland Corporation) are both stocks. Both are in the Basic Materials sector — AMR in Coking Coal, SMID in Building Materials. Over the past 5 years, AMR returned 48.52%/yr vs 6.53%/yr for SMID. At a 0.10 correlation, their price movements are largely independent.
Performance
AMR vs. SMID - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with AMR having a -16.61% return and SMID slightly lower at -16.95%.
AMR
- 1D
- -4.80%
- 1M
- -4.92%
- YTD
- -16.61%
- 6M
- -20.15%
- 1Y
- 57.22%
- 3Y*
- 0.47%
- 5Y*
- 48.52%
- 10Y*
- —
SMID
- 1D
- 3.89%
- 1M
- 2.48%
- YTD
- -16.95%
- 6M
- -12.75%
- 1Y
- -2.49%
- 3Y*
- 13.59%
- 5Y*
- 6.53%
- 10Y*
- 28.58%
AMR vs. SMID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMR Alpha Metallurgical Resources, Inc. | -16.61% | -0.12% | -40.95% | 133.87% | 150.06% | 436.94% | 25.64% | -86.23% | 10.71% | -4.69% |
SMID Smith-Midland Corporation | -16.95% | -18.26% | 12.56% | 92.68% | -56.38% | 397.35% | 57.50% | -18.98% | 9.99% | 17.39% |
Correlation
The correlation between AMR and SMID is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Mar 24, 2017 | 0.10 |
Fundamentals
AMR:
-$3.00
SMID:
$3.54
AMR:
1.02
SMID:
1.14
AMR:
$2.12B
SMID:
$93.45M
AMR:
$31.72M
SMID:
$26.04M
AMR:
$128.60M
SMID:
$19.01M
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Return for Risk
AMR vs. SMID — Risk / Return Rank
AMR
SMID
AMR vs. SMID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alpha Metallurgical Resources, Inc. (AMR) and Smith-Midland Corporation (SMID). 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.
| AMR | SMID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.97 | ||
| Sortino ratioReturn per unit of downside risk | +1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.04 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | -0.06 | +1.71 |
| Martin ratioReturn relative to average drawdown | 3.52 | -0.13 | +3.65 |
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Drawdowns
AMR vs. SMID - Drawdown Comparison
The maximum AMR drawdown since its inception was -97.35%, which is greater than SMID's maximum drawdown of -72.37%. Use the drawdown chart below to compare losses from any high point for AMR and SMID.
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Drawdown Indicators
| AMR | SMID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.35% | -72.37% | -24.98% |
Max Drawdown (1Y)Largest decline over 1 year | -34.85% | -39.29% | +4.44% |
Max Drawdown (3Y)Largest decline over 3 years | -77.51% | -48.85% | -28.66% |
Max Drawdown (5Y)Largest decline over 5 years | -77.51% | -72.37% | -5.14% |
Max Drawdown (10Y)Largest decline over 10 years | — | -72.37% | — |
Current DrawdownCurrent decline from peak | -62.31% | -39.68% | -22.63% |
Average DrawdownAverage peak-to-trough decline | -40.41% | -27.56% | -12.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.30% | 19.43% | -3.13% |
Volatility
AMR vs. SMID - Volatility Comparison
Alpha Metallurgical Resources, Inc. (AMR) and Smith-Midland Corporation (SMID) have volatilities of 22.58% and 22.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMR | SMID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.58% | 22.53% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 39.88% | 42.59% | -2.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.85% | 55.64% | +6.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.64% | 65.15% | -5.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.66% | 54.52% | +19.14% |
Dividends
AMR vs. SMID - Dividend Comparison
Neither AMR nor SMID has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AMR Alpha Metallurgical Resources, Inc. | 0.00% | 0.00% | 0.00% | 0.57% | 4.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMID Smith-Midland Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.92% | 0.74% | 0.73% | 0.19% |
Financials
AMR vs. SMID - Financials Comparison
This section allows you to compare key financial metrics between Alpha Metallurgical Resources, Inc. and Smith-Midland 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
AMR vs. SMID - Profitability Comparison
AMR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alpha Metallurgical Resources, Inc. reported a gross profit of 0.00 and revenue of 524.99M. Therefore, the gross margin over that period was 0.0%.
SMID - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Smith-Midland Corporation reported a gross profit of 5.52M and revenue of 23.11M. Therefore, the gross margin over that period was 23.9%.
AMR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alpha Metallurgical Resources, Inc. reported an operating income of -1.59M and revenue of 524.99M, resulting in an operating margin of -0.3%.
SMID - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Smith-Midland Corporation reported an operating income of 3.24M and revenue of 23.11M, resulting in an operating margin of 14.0%.
AMR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alpha Metallurgical Resources, Inc. reported a net income of -11.03M and revenue of 524.99M, resulting in a net margin of -2.1%.
SMID - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Smith-Midland Corporation reported a net income of 2.13M and revenue of 23.11M, resulting in a net margin of 9.2%.
Frequently Asked Questions
AMR and SMID have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMR has higher volatility (22.58%) compared to SMID (22.53%). In terms of maximum drawdown, AMR dropped -97.35% vs SMID's -72.37%.
AMR currently has the higher Sharpe Ratio (0.93 vs -0.04), 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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