BNS.TO vs. GOLD.TO
Compare and contrast key facts about The Bank of Nova Scotia (BNS.TO) and GoldMining Inc. (GOLD.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNS.TO or GOLD.TO.
Key characteristics
| BNS.TO | GOLD.TO | |
|---|---|---|
| YTD Return | 21.86% | -6.15% |
| 1Y Return | 32.83% | 11.93% |
| 3Y Return (Ann) | 2.15% | -11.23% |
| 5Y Return (Ann) | 5.21% | 3.46% |
| 10Y Return (Ann) | 6.18% | 6.39% |
| Sharpe Ratio | 2.15 | 0.32 |
| Sortino Ratio | 2.90 | 0.75 |
| Omega Ratio | 1.38 | 1.08 |
| Calmar Ratio | 1.04 | 0.16 |
| Martin Ratio | 7.78 | 0.81 |
| Ulcer Index | 4.30% | 14.70% |
| Daily Std Dev | 15.57% | 37.23% |
| Max Drawdown | -52.27% | -76.83% |
| Current Drawdown | -7.57% | -67.81% |
Fundamentals
| BNS.TO | GOLD.TO | |
|---|---|---|
| Market Cap | CA$91.24B | CA$242.50M |
| EPS | CA$5.81 | -CA$0.12 |
| Total Revenue (TTM) | CA$35.40B | CA$0.00 |
| Gross Profit (TTM) | CA$35.40B | -CA$333.00K |
| EBITDA (TTM) | CA$6.32B | -CA$19.64M |
Correlation
The correlation between BNS.TO and GOLD.TO is 0.19, 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
BNS.TO vs. GOLD.TO - Performance Comparison
In the year-to-date period, BNS.TO achieves a 21.86% return, which is significantly higher than GOLD.TO's -6.15% return. Both investments have delivered pretty close results over the past 10 years, with BNS.TO having a 6.18% annualized return and GOLD.TO not far ahead at 6.39%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BNS.TO vs. GOLD.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Bank of Nova Scotia (BNS.TO) and GoldMining Inc. (GOLD.TO). 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
BNS.TO vs. GOLD.TO - Dividend Comparison
BNS.TO's dividend yield for the trailing twelve months is around 5.75%, while GOLD.TO has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNS.TO The Bank of Nova Scotia | 5.75% | 6.48% | 4.61% | 5.14% | 5.23% | 3.60% | 4.91% | 3.82% | 3.91% | 6.11% | 3.86% | 2.74% |
GOLD.TO GoldMining 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% |
Drawdowns
BNS.TO vs. GOLD.TO - Drawdown Comparison
The maximum BNS.TO drawdown since its inception was -52.27%, smaller than the maximum GOLD.TO drawdown of -76.83%. Use the drawdown chart below to compare losses from any high point for BNS.TO and GOLD.TO. For additional features, visit the drawdowns tool.
Volatility
BNS.TO vs. GOLD.TO - Volatility Comparison
The current volatility for The Bank of Nova Scotia (BNS.TO) is 4.33%, while GoldMining Inc. (GOLD.TO) has a volatility of 9.12%. This indicates that BNS.TO experiences smaller price fluctuations and is considered to be less risky than GOLD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BNS.TO vs. GOLD.TO - Financials Comparison
This section allows you to compare key financial metrics between The Bank of Nova Scotia and GoldMining 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