ASM vs. NGD
ASM (Avino Silver & Gold Mines Ltd.) and NGD (New Gold Inc.) are both stocks. Both are in the Basic Materials sector — ASM in Other Precious Metals & Mining, NGD in Gold. Their 0.38 correlation means their historical movements had little consistent relationship.
Performance
ASM vs. NGD - Performance Comparison
Loading charts...
Returns By Period
ASM
- 1D
- -3.62%
- 1M
- -18.35%
- 6M
- -40.33%
- YTD
- -13.62%
- 1Y
- 66.08%
- 3Y*
- 95.22%
- 5Y*
- 38.05%
- 10Y*
- 7.19%
- ALL TIME*
- 6.53%
NGD
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $18.80M | $17.78M | $25.63M |
ASM vs. NGD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASM Avino Silver & Gold Mines Ltd. | -13.62% | 604.88% | 68.13% | -22.95% | -21.01% | -33.77% | 124.14% | -4.92% | -54.48% | -2.19% |
NGD New Gold Inc. | 4.25% | 251.21% | 69.86% | 48.98% | -34.67% | -31.51% | 148.86% | 16.28% | -77.00% | -6.00% |
Correlation
The correlation between ASM and NGD is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.51 |
Correlation (3Y) Balances recent behavior with more history. | 0.55 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.53 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.48 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2005 | 0.38 |
The correlation between ASM and NGD shifts across timeframes, from 0.38 (all time) to 0.55 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
ASM:
$0.22
NGD:
$1.61
ASM:
23.85
NGD:
5.64
ASM:
0.07
NGD:
0.01
ASM:
7.95
NGD:
3.30
ASM:
$110.70M
NGD:
$1.46B
ASM:
$59.09M
NGD:
$758.26M
ASM:
$55.20M
NGD:
$1.19B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ASM vs. NGD — Risk / Return Rank
ASM
NGD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ASM vs. NGD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avino Silver & Gold Mines Ltd. (ASM) and New Gold Inc. (NGD). 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.
| ASM | NGD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.19 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.30 | — | — |
| Martin ratioReturn relative to average drawdown | 2.33 | — | — |
Loading charts...
Drawdowns
ASM vs. NGD - Drawdown Comparison
Loading charts...
Drawdown Indicators
| ASM | NGD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.10% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -52.81% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -52.81% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -60.20% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -90.00% | — | — |
Current DrawdownCurrent decline from peak | -52.27% | — | — |
Average DrawdownAverage peak-to-trough decline | -63.65% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.32% | — | — |
Volatility
ASM vs. NGD - Volatility Comparison
Loading charts...
Volatility by Period
| ASM | NGD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.56% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 63.44% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 82.98% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.60% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.91% | — | — |
Dividends
ASM vs. NGD - Dividend Comparison
ASM's dividend yield for the trailing twelve months is around 0.68%, while NGD has not paid dividends to shareholders.
| Position | TTM |
|---|---|
ASM Avino Silver & Gold Mines Ltd. | 0.68% |
NGD New Gold Inc. | 0.00% |
Financials
ASM vs. NGD - Financials Comparison
This section allows you to compare key financial metrics between Avino Silver & Gold Mines Ltd. and New Gold 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
ASM and NGD have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for ASM and NGD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer