DNERY vs. NNE
DNERY (Downer EDI Limited) and NNE (NANO Nuclear Energy Inc.) are both stocks. Both are in the Industrials sector — DNERY in Engineering & Construction, NNE in Specialty Industrial Machinery. Over the past year, DNERY returned 6.90% vs -9.63% for NNE. At a correlation of -0.08, they often move in opposite directions.
Performance
DNERY vs. NNE - Performance Comparison
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Returns By Period
In the year-to-date period, DNERY achieves a 6.94% return, which is significantly lower than NNE's 9.83% return.
DNERY
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 6.94%
- 6M
- 6.94%
- 1Y
- 6.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NNE
- 1D
- -13.74%
- 1M
- 13.08%
- YTD
- 9.83%
- 6M
- -22.19%
- 1Y
- -9.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DNERY vs. NNE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DNERY Downer EDI Limited | 6.94% | -1.81% | 50.52% |
NNE NANO Nuclear Energy Inc. | 9.83% | -3.55% | 379.67% |
Correlation
The correlation between DNERY and NNE is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (All Time) Calculated using the full available price history since May 9, 2024 | -0.08 |
Fundamentals
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Return for Risk
DNERY vs. NNE — Risk / Return Rank
DNERY
NNE
DNERY vs. NNE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Downer EDI Limited (DNERY) and NANO Nuclear Energy Inc. (NNE). 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.
| DNERY | NNE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.06 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | -0.15 | +1.82 |
| Martin ratioReturn relative to average drawdown | 4.76 | -0.24 | +5.00 |
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
| DNERY | NNE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.37 | -0.10 | +0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.81 | -0.29 |
Drawdowns
DNERY vs. NNE - Drawdown Comparison
The maximum DNERY drawdown since its inception was -11.36%, smaller than the maximum NNE drawdown of -77.68%. Use the drawdown chart below to compare losses from any high point for DNERY and NNE.
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Drawdown Indicators
| DNERY | NNE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.36% | -77.68% | +66.32% |
Max Drawdown (1Y)Largest decline over 1 year | -4.20% | -66.45% | +62.25% |
Current DrawdownCurrent decline from peak | 0.00% | -53.43% | +53.43% |
Average DrawdownAverage peak-to-trough decline | -4.11% | -35.96% | +31.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.46% | 39.98% | -38.52% |
Volatility
DNERY vs. NNE - Volatility Comparison
The current volatility for Downer EDI Limited (DNERY) is 0.00%, while NANO Nuclear Energy Inc. (NNE) has a volatility of 37.95%. This indicates that DNERY experiences smaller price fluctuations and is considered to be less risky than NNE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DNERY | NNE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 37.95% | -37.95% |
Volatility (6M)Calculated over the trailing 6-month period | 9.91% | 67.43% | -57.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.03% | 98.37% | -79.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.88% | 148.79% | -121.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.88% | 148.79% | -121.91% |
Dividends
DNERY vs. NNE - Dividend Comparison
DNERY's dividend yield for the trailing twelve months is around 4.78%, while NNE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
DNERY Downer EDI Limited | 4.78% | 2.49% | 2.95% |
NNE NANO Nuclear Energy Inc. | 0.00% | 0.00% | 0.00% |
Financials
DNERY vs. NNE - Financials Comparison
This section allows you to compare key financial metrics between Downer EDI Limited and NANO Nuclear Energy Inc.. 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
DNERY and NNE have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NNE has higher volatility (37.95%) compared to DNERY (0.00%). In terms of maximum drawdown, DNERY dropped -11.36% vs NNE's -77.68%.
DNERY currently has the higher Sharpe Ratio (0.37 vs -0.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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