CMCL vs. GC=F
Compare and contrast key facts about Caledonia Mining Corporation Plc (CMCL) and Gold (GC=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMCL or GC=F.
Correlation
The correlation between CMCL and GC=F is 0.19, 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
CMCL vs. GC=F - Performance Comparison
Key characteristics
CMCL:
0.21
GC=F:
2.57
CMCL:
0.60
GC=F:
3.20
CMCL:
1.07
GC=F:
1.45
CMCL:
0.16
GC=F:
4.74
CMCL:
0.39
GC=F:
12.29
CMCL:
24.14%
GC=F:
3.08%
CMCL:
45.36%
GC=F:
14.85%
CMCL:
-65.76%
GC=F:
-44.36%
CMCL:
-49.39%
GC=F:
0.00%
Returns By Period
In the year-to-date period, CMCL achieves a 24.02% return, which is significantly higher than GC=F's 20.57% return.
CMCL
24.02%
15.89%
-23.95%
11.52%
9.41%
N/A
GC=F
20.57%
9.68%
19.76%
40.21%
12.38%
8.83%
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Risk-Adjusted Performance
CMCL vs. GC=F — Risk-Adjusted Performance Rank
CMCL
GC=F
CMCL vs. GC=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Caledonia Mining Corporation Plc (CMCL) and Gold (GC=F). 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.
Drawdowns
CMCL vs. GC=F - Drawdown Comparison
The maximum CMCL drawdown since its inception was -65.76%, which is greater than GC=F's maximum drawdown of -44.36%. Use the drawdown chart below to compare losses from any high point for CMCL and GC=F. For additional features, visit the drawdowns tool.
Volatility
CMCL vs. GC=F - Volatility Comparison
Caledonia Mining Corporation Plc (CMCL) has a higher volatility of 14.69% compared to Gold (GC=F) at 2.92%. This indicates that CMCL's price experiences larger fluctuations and is considered to be riskier than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.