EGO vs. NEM
Compare and contrast key facts about Eldorado Gold Corporation (EGO) and Newmont Goldcorp Corporation (NEM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EGO or NEM.
Correlation
The correlation between EGO and NEM is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EGO vs. NEM - Performance Comparison
Key characteristics
EGO:
0.73
NEM:
1.26
EGO:
1.18
NEM:
1.75
EGO:
1.16
NEM:
1.26
EGO:
0.36
NEM:
0.91
EGO:
2.54
NEM:
2.67
EGO:
12.39%
NEM:
17.90%
EGO:
43.09%
NEM:
38.06%
EGO:
-97.49%
NEM:
-77.55%
EGO:
-81.20%
NEM:
-28.50%
Fundamentals
EGO:
$4.12B
NEM:
$62.09B
EGO:
$1.46
NEM:
$2.86
EGO:
13.74
NEM:
19.26
EGO:
10.65
NEM:
0.79
EGO:
3.12
NEM:
3.32
EGO:
1.02
NEM:
2.11
EGO:
$1.06B
NEM:
$14.64B
EGO:
$472.54M
NEM:
$5.41B
EGO:
$590.53M
NEM:
$6.55B
Returns By Period
In the year-to-date period, EGO achieves a 33.15% return, which is significantly lower than NEM's 48.86% return. Over the past 10 years, EGO has underperformed NEM with an annualized return of -2.18%, while NEM has yielded a comparatively higher 11.50% annualized return.
EGO
33.15%
26.68%
9.94%
32.35%
19.01%
-2.18%
NEM
48.86%
15.21%
-1.35%
46.12%
1.80%
11.50%
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Risk-Adjusted Performance
EGO vs. NEM — Risk-Adjusted Performance Rank
EGO
NEM
EGO vs. NEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eldorado Gold Corporation (EGO) and Newmont Goldcorp Corporation (NEM). 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
EGO vs. NEM - Dividend Comparison
EGO has not paid dividends to shareholders, while NEM's dividend yield for the trailing twelve months is around 1.82%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EGO Eldorado Gold Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.05% | 0.00% | 0.54% | 0.30% |
NEM Newmont Goldcorp Corporation | 1.82% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% | 1.19% |
Drawdowns
EGO vs. NEM - Drawdown Comparison
The maximum EGO drawdown since its inception was -97.49%, which is greater than NEM's maximum drawdown of -77.55%. Use the drawdown chart below to compare losses from any high point for EGO and NEM. For additional features, visit the drawdowns tool.
Volatility
EGO vs. NEM - Volatility Comparison
Eldorado Gold Corporation (EGO) has a higher volatility of 17.86% compared to Newmont Goldcorp Corporation (NEM) at 15.77%. This indicates that EGO's price experiences larger fluctuations and is considered to be riskier than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
EGO vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Eldorado Gold Corporation and Newmont Goldcorp Corporation. 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