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BTG vs. CDE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between BTG and CDE is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

BTG vs. CDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in B2Gold Corp. (BTG) and Coeur Mining, Inc. (CDE). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%JulyAugustSeptemberOctoberNovemberDecember
157.79%
-80.17%
BTG
CDE

Key characteristics

Sharpe Ratio

BTG:

-0.44

CDE:

1.04

Sortino Ratio

BTG:

-0.38

CDE:

1.82

Omega Ratio

BTG:

0.96

CDE:

1.20

Calmar Ratio

BTG:

-0.29

CDE:

0.74

Martin Ratio

BTG:

-1.21

CDE:

5.21

Ulcer Index

BTG:

15.32%

CDE:

14.05%

Daily Std Dev

BTG:

42.29%

CDE:

70.41%

Max Drawdown

BTG:

-85.98%

CDE:

-99.39%

Current Drawdown

BTG:

-59.20%

CDE:

-97.94%

Fundamentals

Market Cap

BTG:

$3.39B

CDE:

$2.52B

EPS

BTG:

-$0.56

CDE:

-$0.01

PEG Ratio

BTG:

4.71

CDE:

-1.18

Total Revenue (TTM)

BTG:

$1.89B

CDE:

$994.62M

Gross Profit (TTM)

BTG:

$745.33M

CDE:

$214.76M

EBITDA (TTM)

BTG:

$161.48M

CDE:

$231.44M

Returns By Period

In the year-to-date period, BTG achieves a -17.55% return, which is significantly lower than CDE's 80.67% return. Over the past 10 years, BTG has outperformed CDE with an annualized return of 6.76%, while CDE has yielded a comparatively lower 1.84% annualized return.


BTG

YTD

-17.55%

1M

-11.39%

6M

-1.65%

1Y

-20.57%

5Y*

-3.10%

10Y*

6.76%

CDE

YTD

80.67%

1M

-9.94%

6M

5.37%

1Y

63.16%

5Y*

-3.27%

10Y*

1.84%

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Risk-Adjusted Performance

BTG vs. CDE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for B2Gold Corp. (BTG) and Coeur Mining, Inc. (CDE). 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.


Sharpe ratio
The chart of Sharpe ratio for BTG, currently valued at -0.44, compared to the broader market-4.00-2.000.002.00-0.441.04
The chart of Sortino ratio for BTG, currently valued at -0.38, compared to the broader market-4.00-2.000.002.004.00-0.381.82
The chart of Omega ratio for BTG, currently valued at 0.96, compared to the broader market0.501.001.502.000.961.20
The chart of Calmar ratio for BTG, currently valued at -0.29, compared to the broader market0.002.004.006.00-0.290.78
The chart of Martin ratio for BTG, currently valued at -1.21, compared to the broader market0.0010.0020.00-1.215.21
BTG
CDE

The current BTG Sharpe Ratio is -0.44, which is lower than the CDE Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of BTG and CDE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.44
1.04
BTG
CDE

Dividends

BTG vs. CDE - Dividend Comparison

BTG's dividend yield for the trailing twelve months is around 4.82%, while CDE has not paid dividends to shareholders.


TTM20232022202120202019
BTG
B2Gold Corp.
4.82%5.06%4.48%4.07%1.96%0.25%
CDE
Coeur Mining, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

BTG vs. CDE - Drawdown Comparison

The maximum BTG drawdown since its inception was -85.98%, smaller than the maximum CDE drawdown of -99.39%. Use the drawdown chart below to compare losses from any high point for BTG and CDE. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%JulyAugustSeptemberOctoberNovemberDecember
-59.20%
-83.96%
BTG
CDE

Volatility

BTG vs. CDE - Volatility Comparison

The current volatility for B2Gold Corp. (BTG) is 10.93%, while Coeur Mining, Inc. (CDE) has a volatility of 18.75%. This indicates that BTG experiences smaller price fluctuations and is considered to be less risky than CDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
10.93%
18.75%
BTG
CDE

Financials

BTG vs. CDE - Financials Comparison

This section allows you to compare key financial metrics between B2Gold Corp. and Coeur Mining, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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