BBY.L vs. NEM
BBY.L (Balfour Beatty plc) and NEM (Newmont Corporation) are both stocks. BBY.L operates in Engineering & Construction (Industrials), while NEM operates in Gold (Basic Materials). Over the past 10 years, BBY.L returned 16.44%/yr vs 14.39%/yr for NEM. At a 0.05 correlation, their price movements are largely independent.
Performance
BBY.L vs. NEM - Performance Comparison
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Different Trading Currencies
BBY.L is traded in GBp, while NEM is traded in USD. To make them comparable, the NEM values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, BBY.L achieves a 19.40% return, which is significantly higher than NEM's 1.33% return. Over the past 10 years, BBY.L has outperformed NEM with an annualized return of 16.44%, while NEM has yielded a comparatively lower 14.39% annualized return.
BBY.L
- 1D
- 2.25%
- 1M
- 0.48%
- YTD
- 19.40%
- 6M
- 19.82%
- 1Y
- 71.74%
- 3Y*
- 35.84%
- 5Y*
- 26.13%
- 10Y*
- 16.44%
NEM
- 1D
- 2.79%
- 1M
- -13.66%
- YTD
- 1.33%
- 6M
- 2.32%
- 1Y
- 77.13%
- 3Y*
- 33.39%
- 5Y*
- 11.65%
- 10Y*
- 14.39%
BBY.L vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BBY.L Balfour Beatty plc | 19.40% | 60.14% | 41.45% | 1.07% | 33.46% | -1.39% | 5.28% | 7.22% | -14.87% | 11.65% |
NEM Newmont Corporation | 1.33% | 153.38% | -6.22% | -13.32% | -11.35% | 8.42% | 36.16% | 25.55% | -0.58% | 1.31% |
Correlation
The correlation between BBY.L and NEM is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007 | 0.05 |
The correlation between BBY.L and NEM shifts across timeframes, from 0.02 (10 years) to 0.19 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BBY.L:
£0.87
NEM:
$6.34
BBY.L:
9.64
NEM:
15.82
BBY.L:
0.25
NEM:
0.41
BBY.L:
0.24
NEM:
4.83
BBY.L:
£17.72B
NEM:
$17.23B
BBY.L:
£872.00M
NEM:
$8.97B
BBY.L:
£509.00M
NEM:
$13.78B
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Return for Risk
BBY.L vs. NEM — Risk / Return Rank
BBY.L
NEM
BBY.L vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Balfour Beatty plc (BBY.L) and Newmont Corporation (NEM). 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.
| BBY.L | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.88 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.31 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 5.67 | 3.04 | +2.62 |
| Martin ratioReturn relative to average drawdown | 23.85 | 8.69 | +15.15 |
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Drawdowns
BBY.L vs. NEM - Drawdown Comparison
The maximum BBY.L drawdown since its inception was -54.74%, smaller than the maximum NEM drawdown of -75.60%. Use the drawdown chart below to compare losses from any high point for BBY.L and NEM.
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Drawdown Indicators
| BBY.L | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.74% | -75.60% | +20.86% |
Max Drawdown (1Y)Largest decline over 1 year | -11.91% | -27.74% | +15.83% |
Max Drawdown (3Y)Largest decline over 3 years | -17.04% | -34.40% | +17.36% |
Max Drawdown (5Y)Largest decline over 5 years | -31.59% | -61.44% | +29.85% |
Max Drawdown (10Y)Largest decline over 10 years | -37.32% | -61.44% | +24.12% |
Current DrawdownCurrent decline from peak | -2.53% | -22.11% | +19.58% |
Average DrawdownAverage peak-to-trough decline | -14.42% | -30.12% | +15.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 9.70% | -6.86% |
Volatility
BBY.L vs. NEM - Volatility Comparison
The current volatility for Balfour Beatty plc (BBY.L) is 7.05%, while Newmont Corporation (NEM) has a volatility of 14.76%. This indicates that BBY.L experiences smaller price fluctuations and is considered to be less risky than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BBY.L | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.05% | 14.76% | -7.71% |
Volatility (6M)Calculated over the trailing 6-month period | 18.48% | 35.66% | -17.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.41% | 45.95% | -23.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.37% | 35.94% | -12.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.34% | 34.66% | -7.32% |
Dividends
BBY.L vs. NEM - Dividend Comparison
BBY.L's dividend yield for the trailing twelve months is around 1.67%, more than NEM's 1.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBY.L Balfour Beatty plc | 1.67% | 1.81% | 2.59% | 3.17% | 2.81% | 1.72% | 1.59% | 2.03% | 1.60% | 1.01% | 0.33% | 0.00% |
NEM Newmont Corporation | 1.02% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
Financials
BBY.L vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Balfour Beatty plc and Newmont Corporation. 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
BBY.L and NEM have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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