BABA vs. NGD
BABA (Alibaba Group Holding Limited) and NGD (New Gold Inc.) are both stocks. BABA operates in Internet Retail (Consumer Cyclical), while NGD operates in Gold (Basic Materials). At a 0.12 correlation, their price movements are largely independent.
Performance
BABA vs. NGD - Performance Comparison
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Returns By Period
BABA
- 1D
- 0.12%
- 1M
- -19.32%
- YTD
- -22.32%
- 6M
- -26.87%
- 1Y
- 0.87%
- 3Y*
- 11.06%
- 5Y*
- -10.74%
- 10Y*
- 4.42%
NGD
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BABA vs. NGD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BABA Alibaba Group Holding Limited | -22.32% | 75.80% | 11.77% | -10.83% | -25.84% | -48.96% | 9.73% | 54.74% | -20.51% | 96.37% |
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 BABA and NGD is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2014 | 0.12 |
Fundamentals
BABA:
CN¥33.90
NGD:
$1.61
BABA:
22.55
NGD:
5.64
BABA:
1.01
NGD:
0.01
BABA:
2.26
NGD:
3.30
BABA:
CN¥811.51B
NGD:
$1.46B
BABA:
CN¥332.88B
NGD:
$758.26M
BABA:
CN¥112.44B
NGD:
$1.19B
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Return for Risk
BABA vs. NGD — Risk / Return Rank
BABA
NGD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BABA vs. NGD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alibaba Group Holding Limited (BABA) 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.
| BABA | NGD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.03 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | — | — |
| Martin ratioReturn relative to average drawdown | -0.12 | — | — |
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Drawdowns
BABA vs. NGD - Drawdown Comparison
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Drawdown Indicators
| BABA | NGD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.09% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -39.94% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -39.94% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -72.48% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -80.09% | — | — |
Current DrawdownCurrent decline from peak | -62.20% | — | — |
Average DrawdownAverage peak-to-trough decline | -37.56% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.58% | — | — |
Volatility
BABA vs. NGD - Volatility Comparison
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Volatility by Period
| BABA | NGD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.07% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 29.24% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 43.83% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.40% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.40% | — | — |
Dividends
BABA vs. NGD - Dividend Comparison
BABA's dividend yield for the trailing twelve months is around 0.93%, while NGD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BABA Alibaba Group Holding Limited | 0.93% | 1.36% | 1.96% | 1.29% |
NGD New Gold Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BABA vs. NGD - Financials Comparison
This section allows you to compare key financial metrics between Alibaba Group Holding Limited 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
BABA and NGD have a correlation of 0.15, 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 BABA and NGD
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