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

Correlation

The correlation between BTG and CMCL is 0.41, 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.


-0.50.00.51.00.4

Performance

BTG vs. CMCL - Performance Comparison

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

0.00%20.00%40.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
-6.89%
-8.49%
BTG
CMCL

Key characteristics

Sharpe Ratio

BTG:

-0.52

CMCL:

-0.50

Sortino Ratio

BTG:

-0.53

CMCL:

-0.45

Omega Ratio

BTG:

0.94

CMCL:

0.95

Calmar Ratio

BTG:

-0.35

CMCL:

-0.38

Martin Ratio

BTG:

-1.47

CMCL:

-1.14

Ulcer Index

BTG:

15.09%

CMCL:

20.38%

Daily Std Dev

BTG:

42.25%

CMCL:

46.72%

Max Drawdown

BTG:

-85.98%

CMCL:

-65.76%

Current Drawdown

BTG:

-60.02%

CMCL:

-60.26%

Fundamentals

Market Cap

BTG:

$3.39B

CMCL:

$192.53M

EPS

BTG:

-$0.56

CMCL:

$0.48

PEG Ratio

BTG:

4.71

CMCL:

0.00

Total Revenue (TTM)

BTG:

$1.89B

CMCL:

$178.73M

Gross Profit (TTM)

BTG:

$745.33M

CMCL:

$76.32M

EBITDA (TTM)

BTG:

$161.48M

CMCL:

$64.08M

Returns By Period

In the year-to-date period, BTG achieves a -19.21% return, which is significantly higher than CMCL's -21.02% return.


BTG

YTD

-19.21%

1M

-12.86%

6M

-6.89%

1Y

-19.97%

5Y*

-3.49%

10Y*

6.81%

CMCL

YTD

-21.02%

1M

-17.88%

6M

-8.49%

1Y

-23.53%

5Y*

7.43%

10Y*

N/A

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Risk-Adjusted Performance

BTG vs. CMCL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for B2Gold Corp. (BTG) and Caledonia Mining Corporation Plc (CMCL). 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 -0.52, compared to the broader market-4.00-2.000.002.00-0.52-0.50
The chart of Sortino ratio for BTG, currently valued at -0.53, compared to the broader market-4.00-2.000.002.004.00-0.53-0.45
The chart of Omega ratio for BTG, currently valued at 0.94, compared to the broader market0.501.001.502.000.940.95
The chart of Calmar ratio for BTG, currently valued at -0.35, compared to the broader market0.002.004.006.00-0.35-0.38
The chart of Martin ratio for BTG, currently valued at -1.47, compared to the broader market0.0010.0020.00-1.47-1.14
BTG
CMCL

The current BTG Sharpe Ratio is -0.52, which is comparable to the CMCL Sharpe Ratio of -0.50. The chart below compares the historical Sharpe Ratios of BTG and CMCL, 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-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
-0.52
-0.50
BTG
CMCL

Dividends

BTG vs. CMCL - Dividend Comparison

BTG's dividend yield for the trailing twelve months is around 4.92%, more than CMCL's 4.53% yield.


TTM2023202220212020201920182017
BTG
B2Gold Corp.
4.92%5.06%4.48%4.07%1.96%0.25%0.00%0.00%
CMCL
Caledonia Mining Corporation Plc
4.53%4.59%4.52%4.29%2.11%3.28%5.24%1.85%

Drawdowns

BTG vs. CMCL - Drawdown Comparison

The maximum BTG drawdown since its inception was -85.98%, which is greater than CMCL's maximum drawdown of -65.76%. Use the drawdown chart below to compare losses from any high point for BTG and CMCL. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%JulyAugustSeptemberOctoberNovemberDecember
-60.02%
-60.26%
BTG
CMCL

Volatility

BTG vs. CMCL - Volatility Comparison

The current volatility for B2Gold Corp. (BTG) is 11.02%, while Caledonia Mining Corporation Plc (CMCL) has a volatility of 12.92%. This indicates that BTG experiences smaller price fluctuations and is considered to be less risky than CMCL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


8.00%10.00%12.00%14.00%16.00%18.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
11.02%
12.92%
BTG
CMCL

Financials

BTG vs. CMCL - Financials Comparison

This section allows you to compare key financial metrics between B2Gold Corp. and Caledonia Mining Corporation Plc. 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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