ASM vs. NGD
Compare and contrast key facts about Avino Silver & Gold Mines Ltd. (ASM) and New Gold Inc. (NGD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASM or NGD.
Correlation
The correlation between ASM and NGD is 0.37, 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
ASM vs. NGD - Performance Comparison
Key characteristics
ASM:
1.24
NGD:
1.30
ASM:
2.10
NGD:
2.10
ASM:
1.24
NGD:
1.23
ASM:
0.95
NGD:
0.79
ASM:
6.28
NGD:
6.55
ASM:
13.35%
NGD:
11.08%
ASM:
67.80%
NGD:
55.87%
ASM:
-94.10%
NGD:
-96.73%
ASM:
-76.36%
NGD:
-82.06%
Fundamentals
ASM:
$139.19M
NGD:
$2.13B
ASM:
$0.02
NGD:
$0.02
ASM:
49.53
NGD:
133.00
ASM:
0.00
NGD:
-2.09
ASM:
$54.12M
NGD:
$859.81M
ASM:
$14.74M
NGD:
$140.23M
ASM:
$10.43M
NGD:
$257.10M
Returns By Period
The year-to-date returns for both stocks are quite close, with ASM having a 74.60% return and NGD slightly lower at 72.60%. Over the past 10 years, ASM has outperformed NGD with an annualized return of -3.16%, while NGD has yielded a comparatively lower -5.71% annualized return.
ASM
74.60%
-20.44%
2.62%
82.98%
12.56%
-3.16%
NGD
72.60%
-5.62%
28.57%
65.79%
27.00%
-5.71%
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Risk-Adjusted Performance
ASM vs. NGD - Risk-Adjusted Performance 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.
Dividends
ASM vs. NGD - Dividend Comparison
Neither ASM nor NGD has paid dividends to shareholders.
Drawdowns
ASM vs. NGD - Drawdown Comparison
The maximum ASM drawdown since its inception was -94.10%, roughly equal to the maximum NGD drawdown of -96.73%. Use the drawdown chart below to compare losses from any high point for ASM and NGD. For additional features, visit the drawdowns tool.
Volatility
ASM vs. NGD - Volatility Comparison
Avino Silver & Gold Mines Ltd. (ASM) has a higher volatility of 17.53% compared to New Gold Inc. (NGD) at 16.69%. This indicates that ASM's price experiences larger fluctuations and is considered to be riskier than NGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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