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ASC vs. GOGL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between ASC and GOGL is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

ASC vs. GOGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ardmore Shipping Corporation (ASC) and Golden Ocean Group Limited (GOGL). The values are adjusted to include any dividend payments, if applicable.

-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-47.72%
-34.41%
ASC
GOGL

Key characteristics

Sharpe Ratio

ASC:

-0.53

GOGL:

0.01

Sortino Ratio

ASC:

-0.61

GOGL:

0.26

Omega Ratio

ASC:

0.93

GOGL:

1.03

Calmar Ratio

ASC:

-0.37

GOGL:

0.00

Martin Ratio

ASC:

-0.88

GOGL:

0.02

Ulcer Index

ASC:

21.10%

GOGL:

17.10%

Daily Std Dev

ASC:

35.17%

GOGL:

35.21%

Max Drawdown

ASC:

-80.11%

GOGL:

-96.87%

Current Drawdown

ASC:

-49.25%

GOGL:

-81.15%

Fundamentals

Market Cap

ASC:

$471.37M

GOGL:

$1.81B

EPS

ASC:

$3.55

GOGL:

$1.21

PE Ratio

ASC:

3.16

GOGL:

7.42

PEG Ratio

ASC:

-6.04

GOGL:

131.35

Total Revenue (TTM)

ASC:

$445.07M

GOGL:

$1.01B

Gross Profit (TTM)

ASC:

$197.12M

GOGL:

$367.91M

EBITDA (TTM)

ASC:

$199.62M

GOGL:

$482.69M

Returns By Period

In the year-to-date period, ASC achieves a -14.67% return, which is significantly lower than GOGL's -5.08% return. Over the past 10 years, ASC has outperformed GOGL with an annualized return of 2.56%, while GOGL has yielded a comparatively lower -2.32% annualized return.


ASC

YTD

-14.67%

1M

-7.19%

6M

-46.08%

1Y

-17.60%

5Y*

8.59%

10Y*

2.56%

GOGL

YTD

-5.08%

1M

-27.75%

6M

-34.75%

1Y

1.13%

5Y*

20.85%

10Y*

-2.32%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

ASC vs. GOGL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ardmore Shipping Corporation (ASC) and Golden Ocean Group Limited (GOGL). 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.


Sharpe ratio
The chart of Sharpe ratio for ASC, currently valued at -0.53, compared to the broader market-4.00-2.000.002.00-0.530.01
The chart of Sortino ratio for ASC, currently valued at -0.61, compared to the broader market-4.00-2.000.002.004.00-0.610.26
The chart of Omega ratio for ASC, currently valued at 0.93, compared to the broader market0.501.001.502.000.931.03
The chart of Calmar ratio for ASC, currently valued at -0.37, compared to the broader market0.002.004.006.00-0.370.00
The chart of Martin ratio for ASC, currently valued at -0.88, compared to the broader market0.0010.0020.00-0.880.02
ASC
GOGL

The current ASC Sharpe Ratio is -0.53, which is lower than the GOGL Sharpe Ratio of 0.01. The chart below compares the historical Sharpe Ratios of ASC and GOGL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.53
0.01
ASC
GOGL

Dividends

ASC vs. GOGL - Dividend Comparison

ASC's dividend yield for the trailing twelve months is around 9.57%, less than GOGL's 10.44% yield.


TTM20232022202120202019201820172016201520142013
ASC
Ardmore Shipping Corporation
9.57%8.16%0.00%0.00%1.53%0.00%0.00%0.00%5.41%4.80%3.34%0.42%
GOGL
Golden Ocean Group Limited
10.44%5.12%27.04%17.20%1.08%5.60%7.32%0.00%0.00%0.00%15.34%8.47%

Drawdowns

ASC vs. GOGL - Drawdown Comparison

The maximum ASC drawdown since its inception was -80.11%, smaller than the maximum GOGL drawdown of -96.87%. Use the drawdown chart below to compare losses from any high point for ASC and GOGL. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-49.25%
-76.99%
ASC
GOGL

Volatility

ASC vs. GOGL - Volatility Comparison

Ardmore Shipping Corporation (ASC) and Golden Ocean Group Limited (GOGL) have volatilities of 8.99% and 8.98%, 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.


8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
8.99%
8.98%
ASC
GOGL

Financials

ASC vs. GOGL - Financials Comparison

This section allows you to compare key financial metrics between Ardmore Shipping Corporation and Golden Ocean Group 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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