AMSC vs. NOG
AMSC (American Superconductor Corporation) and NOG (Northern Oil and Gas, Inc.) are both stocks. AMSC operates in Specialty Industrial Machinery (Industrials), while NOG operates in Oil & Gas E&P (Energy). Over the past 10 years, AMSC returned 14.23%/yr vs -7.03%/yr for NOG. At a 0.24 correlation, their price movements are largely independent.
Performance
AMSC vs. NOG - Performance Comparison
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Returns By Period
In the year-to-date period, AMSC achieves a 24.95% return, which is significantly higher than NOG's -10.36% return. Over the past 10 years, AMSC has outperformed NOG with an annualized return of 14.23%, while NOG has yielded a comparatively lower -7.03% annualized return.
AMSC
- 1D
- -3.26%
- 1M
- -8.99%
- 6M
- 17.25%
- YTD
- 24.95%
- 1Y
- -8.20%
- 3Y*
- 75.08%
- 5Y*
- 17.38%
- 10Y*
- 14.23%
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%
AMSC vs. NOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMSC American Superconductor Corporation | 24.95% | 16.85% | 121.10% | 202.72% | -66.18% | -53.54% | 198.34% | -29.60% | 207.16% | -50.75% |
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 AMSC and NOG is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2007 | 0.24 |
Over the past year, the correlation between AMSC and NOG has dropped to 0.01 - well below their long-term average of 0.24, suggesting their price drivers have been diverging.
Fundamentals
AMSC:
$1.74B
NOG:
$2.01B
AMSC:
$2.95
NOG:
-$6.34
AMSC:
5.44
NOG:
1.20
AMSC:
3.03
NOG:
1.02
AMSC:
$299.15M
NOG:
$1.52B
AMSC:
$91.38M
NOG:
$450.66M
AMSC:
$19.29M
NOG:
$73.21M
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Return for Risk
AMSC vs. NOG — Risk / Return Rank
AMSC
NOG
AMSC vs. NOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Superconductor Corporation (AMSC) 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.
| AMSC | NOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.66 | ||
| Sortino ratioReturn per unit of downside risk | +1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 0.89 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.16 | -0.85 | +0.69 |
| Martin ratioReturn relative to average drawdown | -0.25 | -1.62 | +1.37 |
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Drawdowns
AMSC vs. NOG - Drawdown Comparison
The maximum AMSC drawdown since its inception was -99.57%, roughly equal to the maximum NOG drawdown of -98.96%. Use the drawdown chart below to compare losses from any high point for AMSC and NOG.
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Drawdown Indicators
| AMSC | NOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.57% | -98.96% | -0.61% |
Max Drawdown (1Y)Largest decline over 1 year | -61.08% | -41.43% | -19.65% |
Max Drawdown (3Y)Largest decline over 3 years | -63.86% | -55.08% | -8.78% |
Max Drawdown (5Y)Largest decline over 5 years | -82.94% | -55.08% | -27.86% |
Max Drawdown (10Y)Largest decline over 10 years | -89.06% | -92.98% | +3.92% |
Current DrawdownCurrent decline from peak | -94.81% | -92.85% | -1.96% |
Average DrawdownAverage peak-to-trough decline | -75.80% | -69.82% | -5.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.03% | 21.78% | +16.25% |
Volatility
AMSC vs. NOG - Volatility Comparison
American Superconductor Corporation (AMSC) has a higher volatility of 22.33% compared to Northern Oil and Gas, Inc. (NOG) at 14.14%. This indicates that AMSC'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
| AMSC | NOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.33% | 14.14% | +8.19% |
Volatility (6M)Calculated over the trailing 6-month period | 54.94% | 32.39% | +22.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 85.50% | 45.38% | +40.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 87.45% | 49.25% | +38.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.28% | 70.57% | +8.71% |
Dividends
AMSC vs. NOG - Dividend Comparison
AMSC has not paid dividends to shareholders, while NOG's dividend yield for the trailing twelve months is around 9.72%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
AMSC American Superconductor Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NOG Northern Oil and Gas, Inc. | 9.72% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% |
Financials
AMSC vs. NOG - Financials Comparison
This section allows you to compare key financial metrics between American Superconductor Corporation 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
AMSC and NOG have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMSC has higher volatility (22.33%) compared to NOG (14.14%). In terms of maximum drawdown, AMSC dropped -99.57% vs NOG's -98.96%.
AMSC currently has the higher Sharpe Ratio (-0.11 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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