CMCL.L vs. SUBC.OL
CMCL.L (Caledonia Mining Corporation plc) and SUBC.OL (Subsea 7 S.A.) are both stocks. CMCL.L operates in Gold (Basic Materials), while SUBC.OL operates in Oil & Gas Equipment & Services (Energy). Over the past 10 years, CMCL.L returned 21.07%/yr vs 18.56%/yr for SUBC.OL. At a 0.04 correlation, their price movements are largely independent.
Performance
CMCL.L vs. SUBC.OL - Performance Comparison
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Different Trading Currencies
CMCL.L is traded in GBp, while SUBC.OL is traded in NOK. To make them comparable, the SUBC.OL values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, CMCL.L achieves a -18.57% return, which is significantly lower than SUBC.OL's 75.60% return. Over the past 10 years, CMCL.L has outperformed SUBC.OL with an annualized return of 21.07%, while SUBC.OL has yielded a comparatively lower 18.56% annualized return.
CMCL.L
- 1D
- -1.55%
- 1M
- -2.77%
- YTD
- -18.57%
- 6M
- -12.34%
- 1Y
- 24.73%
- 3Y*
- 19.18%
- 5Y*
- 11.77%
- 10Y*
- 21.07%
SUBC.OL
- 1D
- -1.43%
- 1M
- -0.53%
- YTD
- 75.60%
- 6M
- 80.96%
- 1Y
- 109.57%
- 3Y*
- 51.51%
- 5Y*
- 32.42%
- 10Y*
- 18.56%
CMCL.L vs. SUBC.OL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMCL.L Caledonia Mining Corporation plc | -18.57% | 165.67% | -18.06% | -2.41% | 22.62% | -23.46% | 103.30% | 44.28% | -10.71% | 27.90% |
SUBC.OL Subsea 7 S.A. | 75.60% | 27.73% | 14.64% | 24.02% | 81.80% | -28.03% | -16.82% | 20.95% | -28.29% | 12.30% |
Correlation
The correlation between CMCL.L and SUBC.OL is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2007 | 0.04 |
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Return for Risk
CMCL.L vs. SUBC.OL — Risk / Return Rank
CMCL.L
SUBC.OL
CMCL.L vs. SUBC.OL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Caledonia Mining Corporation plc (CMCL.L) and Subsea 7 S.A. (SUBC.OL). 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.
| CMCL.L | SUBC.OL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.22 | ||
| Sortino ratioReturn per unit of downside risk | -3.22 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.55 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 9.84 | -9.28 |
| Martin ratioReturn relative to average drawdown | 0.97 | 24.00 | -23.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CMCL.L | SUBC.OL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.44 | 3.66 | -3.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.89 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.47 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.15 | +0.06 |
Drawdowns
CMCL.L vs. SUBC.OL - Drawdown Comparison
The maximum CMCL.L drawdown since its inception was -78.50%, smaller than the maximum SUBC.OL drawdown of -84.18%. Use the drawdown chart below to compare losses from any high point for CMCL.L and SUBC.OL.
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Drawdown Indicators
| CMCL.L | SUBC.OL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.50% | -84.18% | +5.68% |
Max Drawdown (1Y)Largest decline over 1 year | -44.42% | -11.33% | -33.09% |
Max Drawdown (3Y)Largest decline over 3 years | -44.42% | -32.58% | -11.84% |
Max Drawdown (5Y)Largest decline over 5 years | -44.81% | -35.50% | -9.31% |
Max Drawdown (10Y)Largest decline over 10 years | -56.39% | -75.49% | +19.10% |
Current DrawdownCurrent decline from peak | -44.42% | -5.45% | -38.97% |
Average DrawdownAverage peak-to-trough decline | -36.13% | -32.80% | -3.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.30% | 4.62% | +20.68% |
Volatility
CMCL.L vs. SUBC.OL - Volatility Comparison
The current volatility for Caledonia Mining Corporation plc (CMCL.L) is 9.87%, while Subsea 7 S.A. (SUBC.OL) has a volatility of 12.62%. This indicates that CMCL.L experiences smaller price fluctuations and is considered to be less risky than SUBC.OL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMCL.L | SUBC.OL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.87% | 12.62% | -2.75% |
Volatility (6M)Calculated over the trailing 6-month period | 42.10% | 25.37% | +16.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.58% | 30.49% | +25.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.07% | 36.46% | +2.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.64% | 39.94% | -0.30% |
Dividends
CMCL.L vs. SUBC.OL - Dividend Comparison
CMCL.L's dividend yield for the trailing twelve months is around 2.63%, less than SUBC.OL's 6.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMCL.L Caledonia Mining Corporation plc | 2.63% | 2.12% | 5.45% | 4.26% | 3.99% | 4.18% | 2.07% | 3.37% | 4.67% | 4.02% | 4.49% | 8.45% |
SUBC.OL Subsea 7 S.A. | 6.13% | 6.40% | 3.33% | 2.70% | 0.88% | 3.17% | 0.00% | 1.43% | 5.93% | 4.07% | 0.00% | 0.00% |
Financials
CMCL.L vs. SUBC.OL - Financials Comparison
This section allows you to compare key financial metrics between Caledonia Mining Corporation plc and Subsea 7 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
Frequently Asked Questions
CMCL.L and SUBC.OL have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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