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:
0.17
GC=F:
2.31
CMCL:
0.56
GC=F:
2.86
CMCL:
1.07
GC=F:
1.41
CMCL:
0.13
GC=F:
4.33
CMCL:
0.36
GC=F:
10.89
CMCL:
21.90%
GC=F:
3.18%
CMCL:
46.00%
GC=F:
14.76%
CMCL:
-65.76%
GC=F:
-44.36%
CMCL:
-55.33%
GC=F:
-0.08%
Returns By Period
In the year-to-date period, CMCL achieves a 10.84% return, which is significantly lower than GC=F's 11.73% return.
CMCL
10.84%
10.02%
-19.83%
10.18%
1.12%
N/A
GC=F
11.73%
6.14%
17.11%
45.45%
10.84%
8.26%
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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 10.38% compared to Gold (GC=F) at 3.97%. 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.