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 46.12%/yr vs 10.44%/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
In the year-to-date period, AMR achieves a -23.67% return, which is significantly lower than SMID's -19.80% return.
AMR
- 1D
- -0.89%
- 1M
- -19.82%
- 6M
- -38.88%
- YTD
- -23.67%
- 1Y
- 31.99%
- 3Y*
- -0.25%
- 5Y*
- 46.12%
- 10Y*
- —
SMID
- 1D
- -1.24%
- 1M
- -1.07%
- 6M
- -18.77%
- YTD
- -19.80%
- 1Y
- -23.28%
- 3Y*
- 6.02%
- 5Y*
- 10.44%
- 10Y*
- 27.58%
AMR vs. SMID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMR Alpha Metallurgical Resources, Inc. | -23.67% | -0.12% | -40.95% | 133.87% | 150.06% | 436.94% | 25.64% | -86.23% | 10.71% | -4.69% |
SMID Smith-Midland Corporation | -19.80% | -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 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
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:
$1.94B
SMID:
$154.66M
AMR:
-$3.01
SMID:
$4.71
AMR:
0.93
SMID:
0.83
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 | +1.52 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.96 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.78 | -0.59 | +1.37 |
| Martin ratioReturn relative to average drawdown | 1.72 | -1.12 | +2.84 |
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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 | -41.24% | -39.29% | -1.95% |
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 | -65.50% | -41.74% | -23.76% |
Average DrawdownAverage peak-to-trough decline | -40.56% | -27.63% | -12.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.62% | 20.88% | -2.26% |
Volatility
AMR vs. SMID - Volatility Comparison
The current volatility for Alpha Metallurgical Resources, Inc. (AMR) is 12.75%, while Smith-Midland Corporation (SMID) has a volatility of 13.65%. This indicates that AMR experiences smaller price fluctuations and is considered to be less risky than SMID based on this measure. 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 | 12.75% | 13.65% | -0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 39.37% | 42.22% | -2.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.87% | 54.49% | +4.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.18% | 64.05% | -4.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.48% | 54.49% | +18.99% |
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 Jul 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 Jul 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 Jul 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 Jul 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 Jul 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 Jul 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 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMID has higher volatility (13.65%) compared to AMR (12.75%). In terms of maximum drawdown, AMR dropped -97.35% vs SMID's -72.37%.
AMR currently has the higher Sharpe Ratio (0.55 vs -0.43), 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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