CIG vs. TX
Compare and contrast key facts about Companhia Energética de Minas Gerais (CIG) and Ternium S.A. (TX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CIG or TX.
Correlation
The correlation between CIG and TX is 0.40, 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
CIG vs. TX - Performance Comparison
Key characteristics
CIG:
0.36
TX:
-0.92
CIG:
0.77
TX:
-1.24
CIG:
1.09
TX:
0.86
CIG:
0.29
TX:
-0.63
CIG:
1.50
TX:
-1.19
CIG:
8.34%
TX:
23.18%
CIG:
34.76%
TX:
29.99%
CIG:
-87.15%
TX:
-89.66%
CIG:
-33.02%
TX:
-35.16%
Fundamentals
CIG:
$6.05B
TX:
$5.72B
CIG:
$0.37
TX:
-$0.30
CIG:
0.00
TX:
4.03
CIG:
0.15
TX:
0.32
CIG:
1.09
TX:
0.47
CIG:
$10.16T
TX:
$12.78B
CIG:
$2.37T
TX:
$1.76B
CIG:
$1.75T
TX:
$508.45M
Returns By Period
In the year-to-date period, CIG achieves a 8.19% return, which is significantly higher than TX's -1.96% return. Over the past 10 years, CIG has underperformed TX with an annualized return of 1.39%, while TX has yielded a comparatively higher 9.41% annualized return.
CIG
8.19%
6.98%
1.51%
14.38%
21.60%
1.39%
TX
-1.96%
-10.23%
-17.45%
-29.16%
24.61%
9.41%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
CIG vs. TX — Risk-Adjusted Performance Rank
CIG
TX
CIG vs. TX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Companhia Energética de Minas Gerais (CIG) and Ternium S.A. (TX). 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
CIG vs. TX - Dividend Comparison
CIG's dividend yield for the trailing twelve months is around 13.15%, more than TX's 10.87% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIG Companhia Energética de Minas Gerais | 13.15% | 13.62% | 11.31% | 15.27% | 10.95% | 4.48% | 3.34% | 5.25% | 4.42% | 12.54% | 14.67% | 27.26% |
TX Ternium S.A. | 10.87% | 10.66% | 6.83% | 8.84% | 6.66% | 4.13% | 5.45% | 4.06% | 3.17% | 3.73% | 7.24% | 4.25% |
Drawdowns
CIG vs. TX - Drawdown Comparison
The maximum CIG drawdown since its inception was -87.15%, roughly equal to the maximum TX drawdown of -89.66%. Use the drawdown chart below to compare losses from any high point for CIG and TX. For additional features, visit the drawdowns tool.
Volatility
CIG vs. TX - Volatility Comparison
The current volatility for Companhia Energética de Minas Gerais (CIG) is 10.44%, while Ternium S.A. (TX) has a volatility of 15.89%. This indicates that CIG experiences smaller price fluctuations and is considered to be less risky than TX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CIG vs. TX - Financials Comparison
This section allows you to compare key financial metrics between Companhia Energética de Minas Gerais and Ternium S.A.. 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