DPM.TO vs. NHYDY
DPM.TO (Dundee Precious Metals Inc.) and NHYDY (Norsk Hydro ASA ADR) are both stocks. Both are in the Basic Materials sector — DPM.TO in Gold, NHYDY in Aluminum. Over the past 10 years, DPM.TO returned 30.81%/yr vs 18.83%/yr for NHYDY. At a 0.15 correlation, their price movements are largely independent.
Performance
DPM.TO vs. NHYDY - Performance Comparison
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Different Trading Currencies
DPM.TO is traded in CAD, while NHYDY is traded in USD. To make them comparable, the NHYDY values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DPM.TO achieves a 3.17% return, which is significantly lower than NHYDY's 60.28% return. Over the past 10 years, DPM.TO has outperformed NHYDY with an annualized return of 30.81%, while NHYDY has yielded a comparatively lower 18.83% annualized return.
DPM.TO
- 1D
- -2.02%
- 1M
- -7.71%
- YTD
- 3.17%
- 6M
- 10.24%
- 1Y
- 114.27%
- 3Y*
- 68.97%
- 5Y*
- 40.96%
- 10Y*
- 30.81%
NHYDY
- 1D
- -1.49%
- 1M
- 6.34%
- YTD
- 60.28%
- 6M
- 67.67%
- 1Y
- 130.44%
- 3Y*
- 28.83%
- 5Y*
- 23.07%
- 10Y*
- 18.83%
DPM.TO vs. NHYDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DPM.TO Dundee Precious Metals Inc. | 3.17% | 228.15% | 56.69% | 33.46% | -14.25% | -13.18% | 66.57% | 55.00% | 20.00% | 33.33% |
NHYDY Norsk Hydro ASA ADR | 60.28% | 40.57% | -7.73% | -6.46% | 12.66% | 76.26% | 31.71% | -19.16% | -32.80% | 54.11% |
Correlation
The correlation between DPM.TO and NHYDY is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.15 |
The correlation between DPM.TO and NHYDY shifts across timeframes, from 0.15 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
DPM.TO:
CA$9.67B
NHYDY:
$23.36B
DPM.TO:
CA$2.55
NHYDY:
$3.10
DPM.TO:
17.11
NHYDY:
3.84
DPM.TO:
0.17
NHYDY:
0.16
DPM.TO:
8.07
NHYDY:
0.12
DPM.TO:
3.57
NHYDY:
0.23
DPM.TO:
CA$1.07B
NHYDY:
$201.27B
DPM.TO:
CA$647.81M
NHYDY:
$60.54B
DPM.TO:
CA$688.93M
NHYDY:
$24.40B
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Return for Risk
DPM.TO vs. NHYDY — Risk / Return Rank
DPM.TO
NHYDY
DPM.TO vs. NHYDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dundee Precious Metals Inc. (DPM.TO) and Norsk Hydro ASA ADR (NHYDY). 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.
| DPM.TO | NHYDY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.59 | ||
| Sortino ratioReturn per unit of downside risk | -1.85 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.57 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.89 | 11.92 | -8.03 |
| Martin ratioReturn relative to average drawdown | 10.42 | 42.96 | -32.54 |
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
| DPM.TO | NHYDY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.50 | 4.09 | -1.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.07 | 0.59 | +0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.48 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.46 | -0.32 |
Drawdowns
DPM.TO vs. NHYDY - Drawdown Comparison
The maximum DPM.TO drawdown since its inception was -93.18%, which is greater than NHYDY's maximum drawdown of -71.27%. Use the drawdown chart below to compare losses from any high point for DPM.TO and NHYDY.
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Drawdown Indicators
| DPM.TO | NHYDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.18% | -71.27% | -21.91% |
Max Drawdown (1Y)Largest decline over 1 year | -29.52% | -11.01% | -18.51% |
Max Drawdown (3Y)Largest decline over 3 years | -29.52% | -27.43% | -2.09% |
Max Drawdown (5Y)Largest decline over 5 years | -42.12% | -44.98% | +2.86% |
Max Drawdown (10Y)Largest decline over 10 years | -51.96% | -71.27% | +19.31% |
Current DrawdownCurrent decline from peak | -26.30% | -7.91% | -18.39% |
Average DrawdownAverage peak-to-trough decline | -47.17% | -22.82% | -24.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.01% | 3.05% | +7.96% |
Volatility
DPM.TO vs. NHYDY - Volatility Comparison
Dundee Precious Metals Inc. (DPM.TO) has a higher volatility of 15.55% compared to Norsk Hydro ASA ADR (NHYDY) at 10.95%. This indicates that DPM.TO's price experiences larger fluctuations and is considered to be riskier than NHYDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DPM.TO | NHYDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.55% | 10.95% | +4.60% |
Volatility (6M)Calculated over the trailing 6-month period | 38.35% | 27.35% | +11.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.15% | 32.10% | +14.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.63% | 39.35% | -0.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.22% | 39.57% | +7.65% |
Dividends
DPM.TO vs. NHYDY - Dividend Comparison
DPM.TO's dividend yield for the trailing twelve months is around 0.50%, less than NHYDY's 2.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DPM.TO Dundee Precious Metals Inc. | 0.50% | 0.52% | 1.69% | 2.52% | 2.90% | 1.53% | 1.23% | 0.00% | 0.00% | 0.00% | 0.00% |
NHYDY Norsk Hydro ASA ADR | 2.67% | 2.65% | 4.30% | 8.10% | 9.59% | 1.86% | 5.44% | 3.92% | 4.96% | 1.91% | 2.60% |
Financials
DPM.TO vs. NHYDY - Financials Comparison
This section allows you to compare key financial metrics between Dundee Precious Metals Inc. and Norsk Hydro ASA ADR. 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
DPM.TO vs. NHYDY - Profitability Comparison
DPM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dundee Precious Metals Inc. reported a gross profit of 223.10M and revenue of 310.36M. Therefore, the gross margin over that period was 71.9%.
NHYDY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Norsk Hydro ASA ADR reported a gross profit of 16.09B and revenue of 50.39B. Therefore, the gross margin over that period was 31.9%.
DPM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dundee Precious Metals Inc. reported an operating income of 183.99M and revenue of 310.36M, resulting in an operating margin of 59.3%.
NHYDY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Norsk Hydro ASA ADR reported an operating income of 9.11B and revenue of 50.39B, resulting in an operating margin of 18.1%.
DPM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dundee Precious Metals Inc. reported a net income of 165.91M and revenue of 310.36M, resulting in a net margin of 53.5%.
NHYDY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Norsk Hydro ASA ADR reported a net income of 4.24B and revenue of 50.39B, resulting in a net margin of 8.4%.
Frequently Asked Questions
DPM.TO and NHYDY have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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