AP vs. TGB
AP (Ampco-Pittsburgh Corporation) and TGB (Taseko Mines Limited) are both stocks. AP operates in Metal Fabrication (Industrials), while TGB operates in Copper (Basic Materials). Over the past 10 years, AP returned -2.30%/yr vs 30.44%/yr for TGB. At a 0.16 correlation, their price movements are largely independent.
Performance
AP vs. TGB - Performance Comparison
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Returns By Period
In the year-to-date period, AP achieves a 107.13% return, which is significantly higher than TGB's 34.81% return. Over the past 10 years, AP has underperformed TGB with an annualized return of -2.30%, while TGB has yielded a comparatively higher 30.44% annualized return.
AP
- 1D
- -5.64%
- 1M
- -1.87%
- YTD
- 107.13%
- 6M
- 272.97%
- 1Y
- 206.67%
- 3Y*
- 52.55%
- 5Y*
- 11.11%
- 10Y*
- -2.30%
TGB
- 1D
- -1.93%
- 1M
- 11.55%
- YTD
- 34.81%
- 6M
- 42.62%
- 1Y
- 208.91%
- 3Y*
- 75.98%
- 5Y*
- 25.61%
- 10Y*
- 30.44%
AP vs. TGB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AP Ampco-Pittsburgh Corporation | 107.13% | 155.02% | -23.44% | 8.76% | -49.80% | -8.76% | 82.06% | -2.90% | -75.00% | -25.10% |
TGB Taseko Mines Limited | 34.81% | 191.75% | 38.57% | -4.76% | -28.29% | 55.30% | 175.00% | 1.48% | -79.70% | 173.38% |
Correlation
The correlation between AP and TGB is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 1994 | 0.16 |
The correlation between AP and TGB shifts across timeframes, from 0.16 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
AP:
$223.42M
TGB:
$2.81B
AP:
-$3.37
TGB:
$0.05
AP:
0.52
TGB:
3.36
AP:
7.13
TGB:
3.43
AP:
$433.03M
TGB:
$768.31M
AP:
$53.11M
TGB:
$240.15M
AP:
$20.56M
TGB:
$244.74M
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Return for Risk
AP vs. TGB — Risk / Return Rank
AP
TGB
AP vs. TGB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ampco-Pittsburgh Corporation (AP) and Taseko Mines Limited (TGB). 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.
| AP | TGB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.43 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 4.10 | 5.93 | -1.83 |
| Martin ratioReturn relative to average drawdown | 9.02 | 16.28 | -7.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AP | TGB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.45 | 3.23 | -0.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.41 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | 0.47 | -0.50 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | -0.02 | +0.03 |
Drawdowns
AP vs. TGB - Drawdown Comparison
The maximum AP drawdown since its inception was -98.06%, roughly equal to the maximum TGB drawdown of -98.58%. Use the drawdown chart below to compare losses from any high point for AP and TGB.
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Drawdown Indicators
| AP | TGB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.06% | -98.58% | +0.52% |
Max Drawdown (1Y)Largest decline over 1 year | -50.80% | -35.47% | -15.33% |
Max Drawdown (3Y)Largest decline over 3 years | -80.96% | -44.26% | -36.70% |
Max Drawdown (5Y)Largest decline over 5 years | -88.92% | -62.70% | -26.22% |
Max Drawdown (10Y)Largest decline over 10 years | -95.90% | -90.76% | -5.14% |
Current DrawdownCurrent decline from peak | -71.42% | -44.51% | -26.91% |
Average DrawdownAverage peak-to-trough decline | -52.22% | -81.38% | +29.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.02% | 12.89% | +10.13% |
Volatility
AP vs. TGB - Volatility Comparison
Ampco-Pittsburgh Corporation (AP) has a higher volatility of 26.96% compared to Taseko Mines Limited (TGB) at 22.39%. This indicates that AP's price experiences larger fluctuations and is considered to be riskier than TGB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AP | TGB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.96% | 22.39% | +4.57% |
Volatility (6M)Calculated over the trailing 6-month period | 67.16% | 49.11% | +18.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.77% | 65.07% | +19.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.43% | 62.52% | +11.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.61% | 65.64% | +6.97% |
Dividends
AP vs. TGB - Dividend Comparison
Neither AP nor TGB has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AP Ampco-Pittsburgh Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.45% | 2.69% | 7.02% |
TGB Taseko Mines Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AP vs. TGB - Financials Comparison
This section allows you to compare key financial metrics between Ampco-Pittsburgh Corporation and Taseko Mines Limited. 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
AP vs. TGB - Profitability Comparison
AP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ampco-Pittsburgh Corporation reported a gross profit of 0.00 and revenue of 103.13M. Therefore, the gross margin over that period was 0.0%.
TGB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Taseko Mines Limited reported a gross profit of 81.37M and revenue of 234.55M. Therefore, the gross margin over that period was 34.7%.
AP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ampco-Pittsburgh Corporation reported an operating income of 2.56M and revenue of 103.13M, resulting in an operating margin of 2.5%.
TGB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Taseko Mines Limited reported an operating income of 66.76M and revenue of 234.55M, resulting in an operating margin of 28.5%.
AP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ampco-Pittsburgh Corporation reported a net income of -867.00K and revenue of 103.13M, resulting in a net margin of -0.8%.
TGB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Taseko Mines Limited reported a net income of 16.89M and revenue of 234.55M, resulting in a net margin of 7.2%.
Frequently Asked Questions
AP and TGB have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AP has higher volatility (26.96%) compared to TGB (22.39%). In terms of maximum drawdown, AP dropped -98.06% vs TGB's -98.58%.
TGB currently has the higher Sharpe Ratio (3.23 vs 2.45), 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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