ASC vs. GOGL
Compare and contrast key facts about Ardmore Shipping Corporation (ASC) and Golden Ocean Group Limited (GOGL).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASC or GOGL.
Correlation
The correlation between ASC and GOGL is 0.27, 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.
Performance
ASC vs. GOGL - Performance Comparison
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Key characteristics
ASC:
-1.36
GOGL:
-0.82
ASC:
-2.05
GOGL:
-1.04
ASC:
0.77
GOGL:
0.86
ASC:
-0.82
GOGL:
-0.48
ASC:
-1.28
GOGL:
-1.31
ASC:
39.23%
GOGL:
31.13%
ASC:
38.88%
GOGL:
49.07%
ASC:
-80.11%
GOGL:
-96.87%
ASC:
-55.02%
GOGL:
-81.63%
Fundamentals
ASC:
$403.40M
GOGL:
$1.61B
ASC:
$3.14
GOGL:
$1.12
ASC:
3.16
GOGL:
7.21
ASC:
-6.04
GOGL:
131.35
ASC:
1.08
GOGL:
1.66
ASC:
0.65
GOGL:
0.85
ASC:
$299.48M
GOGL:
$721.69M
ASC:
$116.71M
GOGL:
$261.07M
ASC:
$111.15M
GOGL:
$340.59M
Returns By Period
In the year-to-date period, ASC achieves a -17.64% return, which is significantly lower than GOGL's -9.17% return. Over the past 10 years, ASC has outperformed GOGL with an annualized return of 0.23%, while GOGL has yielded a comparatively lower -3.54% annualized return.
ASC
-17.64%
14.02%
-14.92%
-52.82%
19.09%
0.23%
GOGL
-9.17%
12.85%
-29.81%
-40.15%
35.61%
-3.54%
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Risk-Adjusted Performance
ASC vs. GOGL — Risk-Adjusted Performance Rank
ASC
GOGL
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.
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Dividends
ASC vs. GOGL - Dividend Comparison
ASC's dividend yield for the trailing twelve months is around 9.58%, less than GOGL's 13.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASC Ardmore Shipping Corporation | 9.58% | 8.89% | 8.16% | 0.00% | 0.00% | 1.53% | 0.00% | 0.00% | 0.00% | 5.41% | 4.80% | 3.34% |
GOGL Golden Ocean Group Limited | 13.14% | 13.39% | 5.12% | 27.04% | 17.20% | 1.08% | 5.60% | 7.32% | 0.00% | 0.00% | 0.00% | 15.34% |
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.
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Volatility
ASC vs. GOGL - Volatility Comparison
The current volatility for Ardmore Shipping Corporation (ASC) is 7.30%, while Golden Ocean Group Limited (GOGL) has a volatility of 11.59%. This indicates that ASC experiences smaller price fluctuations and is considered to be less risky than GOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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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.
Total Revenue: Total amount of money received from sales and other business activities
ASC vs. GOGL - Profitability Comparison
ASC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Ardmore Shipping Corporation reported a gross profit of 23.53M and revenue of 82.04M. Therefore, the gross margin over that period was 28.7%.
GOGL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Golden Ocean Group Limited reported a gross profit of 75.12M and revenue of 210.97M. Therefore, the gross margin over that period was 35.6%.
ASC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Ardmore Shipping Corporation reported an operating income of 11.47M and revenue of 82.04M, resulting in an operating margin of 14.0%.
GOGL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Golden Ocean Group Limited reported an operating income of 49.17M and revenue of 210.97M, resulting in an operating margin of 23.3%.
ASC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Ardmore Shipping Corporation reported a net income of 6.94M and revenue of 82.04M, resulting in a net margin of 8.5%.
GOGL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Golden Ocean Group Limited reported a net income of 39.00M and revenue of 210.97M, resulting in a net margin of 18.5%.