DNN vs. AUD=X
DNN (Denison Mines Corp) is a stock, while AUD=X (USD/AUD) is a currency. Over the past 10 years, DNN returned 17.80%/yr vs 0.02%/yr for AUD=X. At a correlation of -0.00, they often move in opposite directions.
Performance
DNN vs. AUD=X - Performance Comparison
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Different Trading Currencies
DNN is traded in USD, while AUD=X is traded in AUD. To make them comparable, the AUD=X values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DNN achieves a 6.39% return, which is significantly higher than AUD=X's -0.04% return. Over the past 10 years, DNN has outperformed AUD=X with an annualized return of 17.80%, while AUD=X has yielded a comparatively lower 0.02% annualized return.
DNN
- 1D
- 0.35%
- 1M
- -15.52%
- 6M
- -23.31%
- YTD
- 6.39%
- 1Y
- 32.24%
- 3Y*
- 32.38%
- 5Y*
- 21.93%
- 10Y*
- 17.80%
- ALL TIME*
- -5.79%
AUD=X
- 1D
- -0.03%
- 1M
- -0.01%
- 6M
- -0.03%
- YTD
- -0.04%
- 1Y
- -0.07%
- 3Y*
- 0.01%
- 5Y*
- 0.00%
- 10Y*
- 0.02%
- ALL TIME*
- -0.05%
DNN vs. AUD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DNN Denison Mines Corp | 6.39% | 47.78% | 1.69% | 53.91% | -16.06% | 111.75% | 54.05% | -9.48% | -15.64% | 6.86% |
AUD=X USD/AUD | -0.04% | -0.01% | 0.03% | 0.01% | -0.08% | -0.04% | 0.11% | 0.09% | -0.05% | 0.10% |
Correlation
The correlation between DNN and AUD=X is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2007 | -0.00 |
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Return for Risk
DNN vs. AUD=X — Risk / Return Rank
DNN
AUD=X
DNN vs. AUD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Denison Mines Corp (DNN) and USD/AUD (AUD=X). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DNN | AUD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.99 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.91 | -0.15 | +1.07 |
| Martin ratioReturn relative to average drawdown | 1.99 | -0.50 | +2.49 |
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Drawdowns
DNN vs. AUD=X - Drawdown Comparison
The maximum DNN drawdown since its inception was -98.96%, which is greater than AUD=X's maximum drawdown of -3.07%. Use the drawdown chart below to compare losses from any high point for DNN and AUD=X.
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Drawdown Indicators
| DNN | AUD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.96% | -3.07% | -95.89% |
Max Drawdown (1Y)Largest decline over 1 year | -35.47% | -0.37% | -35.10% |
Max Drawdown (3Y)Largest decline over 3 years | -52.48% | -1.22% | -51.26% |
Max Drawdown (5Y)Largest decline over 5 years | -55.66% | -1.22% | -54.44% |
Max Drawdown (10Y)Largest decline over 10 years | -75.90% | -1.44% | -74.46% |
Current DrawdownCurrent decline from peak | -85.32% | -1.74% | -83.58% |
Average DrawdownAverage peak-to-trough decline | -85.04% | -1.66% | -83.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.25% | 0.12% | +16.13% |
Volatility
DNN vs. AUD=X - Volatility Comparison
Denison Mines Corp (DNN) has a higher volatility of 14.06% compared to USD/AUD (AUD=X) at 0.24%. This indicates that DNN's price experiences larger fluctuations and is considered to be riskier than AUD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DNN | AUD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.06% | 0.24% | +13.82% |
Volatility (6M)Calculated over the trailing 6-month period | 45.40% | 0.67% | +44.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.30% | 0.89% | +59.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.09% | 1.04% | +62.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.40% | 1.32% | +63.08% |
Frequently Asked Questions
DNN and AUD=X have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DNN has higher volatility (14.06%) compared to AUD=X (0.24%). In terms of maximum drawdown, DNN dropped -98.96% vs AUD=X's -3.07%.
DNN currently has the higher Sharpe Ratio (0.54 vs -0.06), 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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