BHC vs. NEM
BHC (Bausch Health Companies Inc.) and NEM (Newmont Corporation) are both stocks. BHC operates in Drug Manufacturers - Specialty & Generic (Healthcare), while NEM operates in Gold (Basic Materials). Over the past 10 years, BHC returned -10.62%/yr vs 10.07%/yr for NEM. Their 0.09 correlation means their historical movements had little consistent relationship.
Performance
BHC vs. NEM - Performance Comparison
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Returns By Period
In the year-to-date period, BHC achieves a -0.86% return, which is significantly higher than NEM's -5.74% return. Over the past 10 years, BHC has underperformed NEM with an annualized return of -10.62%, while NEM has yielded a comparatively higher 10.07% annualized return.
BHC
- 1D
- 14.26%
- 1M
- 40.61%
- 6M
- 20.03%
- YTD
- -0.86%
- 1Y
- 20.67%
- 3Y*
- -10.06%
- 5Y*
- -25.11%
- 10Y*
- -10.62%
- ALL TIME*
- -4.87%
NEM
- 1D
- -2.14%
- 1M
- -3.43%
- 6M
- -16.23%
- YTD
- -5.74%
- 1Y
- 51.31%
- 3Y*
- 33.89%
- 5Y*
- 11.52%
- 10Y*
- 10.07%
- ALL TIME*
- 4.83%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $34.14M | $20.89M | $15.02M | |
| $671.95M | $683.19M | $803.32M |
BHC vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BHC Bausch Health Companies Inc. | -0.86% | -13.77% | 0.50% | 27.71% | -77.25% | 32.74% | -30.48% | 61.99% | -11.12% | 43.11% |
NEM Newmont Corporation | -5.74% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
Correlation
The correlation between BHC and NEM is 0.13, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.09 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001 | 0.09 |
Fundamentals
BHC:
$2.57B
NEM:
$98.74B
BHC:
-$3.87
NEM:
$7.88
BHC:
0.18
NEM:
5.34
BHC:
$10.80B
NEM:
$19.13B
BHC:
$7.78B
NEM:
$10.94B
BHC:
$1.78B
NEM:
$14.81B
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Return for Risk
BHC vs. NEM — Risk / Return Rank
BHC
NEM
BHC vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bausch Health Companies Inc. (BHC) 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.
| BHC | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.21 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | 1.64 | -1.28 |
| Martin ratioReturn relative to average drawdown | 0.59 | 3.61 | -3.02 |
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Drawdowns
BHC vs. NEM - Drawdown Comparison
The maximum BHC drawdown since its inception was -98.35%, which is greater than NEM's maximum drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for BHC and NEM.
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Drawdown Indicators
| BHC | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.35% | -81.30% | -17.05% |
Max Drawdown (1Y)Largest decline over 1 year | -46.88% | -32.10% | -14.78% |
Max Drawdown (3Y)Largest decline over 3 years | -59.28% | -36.57% | -22.71% |
Max Drawdown (5Y)Largest decline over 5 years | -85.34% | -62.40% | -22.94% |
Max Drawdown (10Y)Largest decline over 10 years | -87.43% | -62.40% | -25.03% |
Current DrawdownCurrent decline from peak | -97.38% | -28.67% | -68.71% |
Average DrawdownAverage peak-to-trough decline | -61.09% | -41.33% | -19.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.88% | 14.57% | +14.31% |
Volatility
BHC vs. NEM - Volatility Comparison
Bausch Health Companies Inc. (BHC) has a higher volatility of 29.65% compared to Newmont Corporation (NEM) at 11.58%. This indicates that BHC's price experiences larger fluctuations and is considered to be riskier 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
| BHC | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.65% | 11.58% | +18.07% |
Volatility (6M)Calculated over the trailing 6-month period | 41.03% | 37.40% | +3.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.81% | 47.45% | +11.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.52% | 38.35% | +24.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.32% | 35.74% | +24.58% |
Dividends
BHC vs. NEM - Dividend Comparison
BHC has not paid dividends to shareholders, while NEM's dividend yield for the trailing twelve months is around 1.09%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BHC Bausch Health Companies Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEM Newmont Corporation | 1.09% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
Financials
BHC vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Bausch Health Companies Inc. 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
BHC and NEM have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BHC has higher volatility (29.65%) compared to NEM (11.58%). In terms of maximum drawdown, BHC dropped -98.35% vs NEM's -81.30%.
NEM currently has the higher Sharpe Ratio (1.11 vs 0.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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