CDDRF vs. SD
CDDRF (Headwater Exploration Inc) and SD (SandRidge Energy, Inc.) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past 5 years, CDDRF returned 29.51%/yr vs 27.07%/yr for SD. Their 0.33 correlation means their historical movements had little consistent relationship.
Performance
CDDRF vs. SD - Performance Comparison
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Returns By Period
In the year-to-date period, CDDRF achieves a 41.11% return, which is significantly higher than SD's -0.78% return.
CDDRF
- 1D
- 0.85%
- 1M
- 15.41%
- 6M
- 19.15%
- YTD
- 41.11%
- 1Y
- 90.40%
- 3Y*
- 25.59%
- 5Y*
- 29.51%
- 10Y*
- 43.84%
- ALL TIME*
- 40.75%
SD
- 1D
- 2.58%
- 1M
- 5.14%
- 6M
- -9.67%
- YTD
- -0.78%
- 1Y
- 45.96%
- 3Y*
- 0.83%
- 5Y*
- 27.07%
- 10Y*
- —
- ALL TIME*
- -2.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $693.27K | $570.66K | $554.54K | |
| $3.52M | $3.68M | $4.81M |
CDDRF vs. SD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CDDRF Headwater Exploration Inc | 41.11% | 56.83% | 2.83% | 15.86% | 8.48% | 117.55% | 248.15% | -7.69% | 17.00% | 19.05% |
SD SandRidge Energy, Inc. | -0.78% | 28.18% | -0.35% | -8.19% | 62.81% | 237.42% | -26.89% | -44.28% | -63.88% | -10.53% |
Correlation
The correlation between CDDRF and SD is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.53 |
Correlation (3Y) Balances recent behavior with more history. | 0.55 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.54 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 2016 | 0.33 |
Over the past year, CDDRF and SD have become more correlated (0.53) than their long-term average of 0.33, meaning their price movements have been converging.
Fundamentals
CDDRF:
$2.26B
SD:
$513.90M
CDDRF:
CA$0.78
SD:
$2.05
CDDRF:
17.18
SD:
6.78
CDDRF:
0.34
SD:
0.59
CDDRF:
4.79
SD:
3.14
CDDRF:
3.93
SD:
0.98
CDDRF:
CA$668.43M
SD:
$163.53M
CDDRF:
CA$359.89M
SD:
$48.88M
CDDRF:
CA$368.28M
SD:
$91.86M
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Return for Risk
CDDRF vs. SD — Risk / Return Rank
CDDRF
SD
CDDRF vs. SD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Headwater Exploration Inc (CDDRF) and SandRidge Energy, Inc. (SD). 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.
| CDDRF | SD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.45 | ||
| Sortino ratioReturn per unit of downside risk | +1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.19 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 5.05 | 1.60 | +3.44 |
| Martin ratioReturn relative to average drawdown | 15.55 | 3.64 | +11.91 |
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Drawdowns
CDDRF vs. SD - Drawdown Comparison
The maximum CDDRF drawdown since its inception was -45.52%, smaller than the maximum SD drawdown of -97.03%. Use the drawdown chart below to compare losses from any high point for CDDRF and SD.
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Drawdown Indicators
| CDDRF | SD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.52% | -97.03% | +51.51% |
Max Drawdown (1Y)Largest decline over 1 year | -17.65% | -25.37% | +7.72% |
Max Drawdown (3Y)Largest decline over 3 years | -41.77% | -37.87% | -3.90% |
Max Drawdown (5Y)Largest decline over 5 years | -41.77% | -57.05% | +15.28% |
Max Drawdown (10Y)Largest decline over 10 years | -42.86% | — | — |
Current DrawdownCurrent decline from peak | -3.08% | -30.13% | +27.05% |
Average DrawdownAverage peak-to-trough decline | -18.44% | -50.62% | +32.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.79% | 11.16% | -5.37% |
Volatility
CDDRF vs. SD - Volatility Comparison
Headwater Exploration Inc (CDDRF) has a higher volatility of 9.35% compared to SandRidge Energy, Inc. (SD) at 8.18%. This indicates that CDDRF's price experiences larger fluctuations and is considered to be riskier than SD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CDDRF | SD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.35% | 8.18% | +1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 25.29% | 26.25% | -0.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.78% | 36.49% | -1.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.96% | 47.87% | -5.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.42% | 66.03% | -8.61% |
Dividends
CDDRF vs. SD - Dividend Comparison
CDDRF's dividend yield for the trailing twelve months is around 2.54%, less than SD's 4.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CDDRF Headwater Exploration Inc | 2.54% | 3.44% | 6.34% | 6.87% | 1.70% |
SD SandRidge Energy, Inc. | 4.96% | 3.19% | 17.51% | 16.09% | 0.00% |
Financials
CDDRF vs. SD - Financials Comparison
This section allows you to compare key financial metrics between Headwater Exploration Inc and SandRidge Energy, 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
CDDRF vs. SD - Profitability Comparison
CDDRF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Headwater Exploration Inc reported a gross profit of 140.17M and revenue of 237.93M. Therefore, the gross margin over that period was 58.9%.
SD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, SandRidge Energy, Inc. reported a gross profit of 0.00 and revenue of 49.78M. Therefore, the gross margin over that period was 0.0%.
CDDRF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Headwater Exploration Inc reported an operating income of 108.85M and revenue of 237.93M, resulting in an operating margin of 45.8%.
SD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, SandRidge Energy, Inc. reported an operating income of 17.86M and revenue of 49.78M, resulting in an operating margin of 35.9%.
CDDRF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Headwater Exploration Inc reported a net income of 85.42M and revenue of 237.93M, resulting in a net margin of 35.9%.
SD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, SandRidge Energy, Inc. reported a net income of 18.67M and revenue of 49.78M, resulting in a net margin of 37.5%.
Frequently Asked Questions
CDDRF and SD have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CDDRF has higher volatility (9.35%) compared to SD (8.18%). In terms of maximum drawdown, CDDRF dropped -45.52% vs SD's -97.03%.
CDDRF currently has the higher Sharpe Ratio (2.56 vs 1.12), 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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