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 0.18, 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:
-0.24
GC=F:
2.48
CMCL:
-0.03
GC=F:
3.06
CMCL:
1.00
GC=F:
1.44
CMCL:
-0.18
GC=F:
4.61
CMCL:
-0.61
GC=F:
11.62
CMCL:
18.50%
GC=F:
3.17%
CMCL:
46.29%
GC=F:
14.46%
CMCL:
-65.76%
GC=F:
-44.36%
CMCL:
-59.48%
GC=F:
-1.74%
Returns By Period
In the year-to-date period, CMCL achieves a 0.53% return, which is significantly lower than GC=F's 4.21% return.
CMCL
0.53%
0.11%
-16.58%
-10.56%
6.13%
N/A
GC=F
4.21%
3.93%
14.38%
35.74%
10.54%
6.86%
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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 7.15% compared to Gold (GC=F) at 3.41%. 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.