DNN vs. NXE
Compare and contrast key facts about Denison Mines Corp (DNN) and NexGen Energy Ltd. (NXE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DNN or NXE.
Correlation
The correlation between DNN and NXE is 0.36, 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
DNN vs. NXE - Performance Comparison
Key characteristics
DNN:
-0.49
NXE:
-0.59
DNN:
-0.41
NXE:
-0.59
DNN:
0.95
NXE:
0.93
DNN:
-0.33
NXE:
-0.64
DNN:
-1.14
NXE:
-1.24
DNN:
26.34%
NXE:
28.12%
DNN:
61.27%
NXE:
58.78%
DNN:
-98.41%
NXE:
-82.98%
DNN:
-88.97%
NXE:
-42.57%
Fundamentals
DNN:
$1.28B
NXE:
$2.91B
DNN:
-$0.07
NXE:
-$0.10
DNN:
0.00
NXE:
0.00
DNN:
319.10
NXE:
0.00
DNN:
3.12
NXE:
3.42
DNN:
$3.19M
NXE:
$0.00
DNN:
-$11.70M
NXE:
-$564.00K
DNN:
-$64.44M
NXE:
-$50.42M
Returns By Period
The year-to-date returns for both investments are quite close, with DNN having a -22.78% return and NXE slightly higher at -22.73%.
DNN
-22.78%
-2.80%
-36.53%
-29.44%
24.59%
3.73%
NXE
-22.73%
3.24%
-32.27%
-33.85%
29.77%
N/A
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Risk-Adjusted Performance
DNN vs. NXE — Risk-Adjusted Performance Rank
DNN
NXE
DNN vs. NXE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Denison Mines Corp (DNN) and NexGen Energy Ltd. (NXE). 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.
Dividends
DNN vs. NXE - Dividend Comparison
Neither DNN nor NXE has paid dividends to shareholders.
Drawdowns
DNN vs. NXE - Drawdown Comparison
The maximum DNN drawdown since its inception was -98.41%, which is greater than NXE's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for DNN and NXE. For additional features, visit the drawdowns tool.
Volatility
DNN vs. NXE - Volatility Comparison
Denison Mines Corp (DNN) and NexGen Energy Ltd. (NXE) have volatilities of 21.71% and 21.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
DNN vs. NXE - Financials Comparison
This section allows you to compare key financial metrics between Denison Mines Corp and NexGen Energy Ltd.. 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