DVP.AX vs. AAR.AX
DVP.AX (Develop Global Limited) and AAR.AX (Astral Resources NL) are both stocks. Both are in the Basic Materials sector — DVP.AX in Other Industrial Metals & Mining, AAR.AX in Gold. Over the past 10 years, DVP.AX returned 31.60%/yr vs 24.37%/yr for AAR.AX. At a 0.05 correlation, their price movements are largely independent.
Performance
DVP.AX vs. AAR.AX - Performance Comparison
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Returns By Period
In the year-to-date period, DVP.AX achieves a 19.96% return, which is significantly higher than AAR.AX's -54.72% return. Over the past 10 years, DVP.AX has outperformed AAR.AX with an annualized return of 31.60%, while AAR.AX has yielded a comparatively lower 24.37% annualized return.
DVP.AX
- 1D
- 1.08%
- 1M
- -18.63%
- 6M
- 6.68%
- YTD
- 19.96%
- 1Y
- 26.47%
- 3Y*
- 19.21%
- 5Y*
- 9.57%
- 10Y*
- 31.60%
- ALL TIME*
- 0.64%
AAR.AX
- 1D
- 0.00%
- 1M
- -4.00%
- 6M
- -54.72%
- YTD
- -54.72%
- 1Y
- -22.58%
- 3Y*
- 14.47%
- 5Y*
- 7.83%
- 10Y*
- 24.37%
- ALL TIME*
- -7.84%
DVP.AX vs. AAR.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DVP.AX Develop Global Limited | 19.96% | 99.15% | -17.31% | -11.01% | -17.19% | 649.65% | 13.05% | -34.29% | -31.35% | 129.08% |
AAR.AX Astral Resources NL | -54.72% | 96.30% | 84.93% | 1.39% | -32.41% | -12.00% | 34.41% | 4.49% | -15.24% | 600.03% |
Correlation
The correlation between DVP.AX and AAR.AX is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Apr 27, 2007 | 0.05 |
Over the past year, DVP.AX and AAR.AX have become more correlated (0.39) than their long-term average of 0.05, meaning their price movements have been converging.
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Return for Risk
DVP.AX vs. AAR.AX — Risk / Return Rank
DVP.AX
AAR.AX
DVP.AX vs. AAR.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Develop Global Limited (DVP.AX) and Astral Resources NL (AAR.AX). 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.
| DVP.AX | AAR.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.01 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | -0.35 | +1.08 |
| Martin ratioReturn relative to average drawdown | 1.57 | -0.71 | +2.29 |
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Drawdowns
DVP.AX vs. AAR.AX - Drawdown Comparison
The maximum DVP.AX drawdown since its inception was -98.04%, roughly equal to the maximum AAR.AX drawdown of -99.62%. Use the drawdown chart below to compare losses from any high point for DVP.AX and AAR.AX.
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Drawdown Indicators
| DVP.AX | AAR.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.04% | -99.62% | +1.58% |
Max Drawdown (1Y)Largest decline over 1 year | -32.19% | -62.07% | +29.88% |
Max Drawdown (3Y)Largest decline over 3 years | -45.51% | -62.07% | +16.56% |
Max Drawdown (5Y)Largest decline over 5 years | -58.88% | -62.07% | +3.19% |
Max Drawdown (10Y)Largest decline over 10 years | -87.44% | -75.51% | -11.93% |
Current DrawdownCurrent decline from peak | -25.57% | -90.47% | +64.90% |
Average DrawdownAverage peak-to-trough decline | -68.07% | -86.20% | +18.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.22% | 31.25% | -17.03% |
Volatility
DVP.AX vs. AAR.AX - Volatility Comparison
The current volatility for Develop Global Limited (DVP.AX) is 14.37%, while Astral Resources NL (AAR.AX) has a volatility of 24.96%. This indicates that DVP.AX experiences smaller price fluctuations and is considered to be less risky than AAR.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DVP.AX | AAR.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.37% | 24.96% | -10.59% |
Volatility (6M)Calculated over the trailing 6-month period | 43.72% | 56.73% | -13.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.52% | 74.30% | -17.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.47% | 66.29% | -9.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 113.10% | 75.40% | +37.70% |
Dividends
DVP.AX vs. AAR.AX - Dividend Comparison
Neither DVP.AX nor AAR.AX has paid dividends to shareholders.
Financials
DVP.AX vs. AAR.AX - Financials Comparison
This section allows you to compare key financial metrics between Develop Global Limited and Astral Resources NL. 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
DVP.AX and AAR.AX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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