FF vs. NE
FF (FutureFuel Corp.) and NE (Noble Corporation) are both stocks. FF operates in Chemicals (Basic Materials), while NE operates in Oil & Gas Drilling (Energy). Over the past 5 years, FF returned -4.53%/yr vs 17.16%/yr for NE. At a 0.28 correlation, their price movements are largely independent.
Performance
FF vs. NE - Performance Comparison
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Returns By Period
In the year-to-date period, FF achieves a 46.58% return, which is significantly lower than NE's 69.84% return.
FF
- 1D
- 0.88%
- 1M
- 14.41%
- YTD
- 46.58%
- 6M
- 38.76%
- 1Y
- 16.71%
- 3Y*
- -6.25%
- 5Y*
- -4.53%
- 10Y*
- 3.98%
NE
- 1D
- 1.73%
- 1M
- -10.32%
- YTD
- 69.84%
- 6M
- 61.33%
- 1Y
- 70.26%
- 3Y*
- 13.81%
- 5Y*
- 17.16%
- 10Y*
- —
FF vs. NE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FF FutureFuel Corp. | 46.58% | -35.84% | 31.03% | -22.78% | 9.85% | -24.41% |
NE Noble Corporation | 69.84% | -3.21% | -31.57% | 29.54% | 52.00% | 1.27% |
Correlation
The correlation between FF and NE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2021 | 0.28 |
Fundamentals
FF:
$202.52M
NE:
$7.55B
FF:
-$1.19
NE:
$1.43
FF:
1.83
NE:
2.35
FF:
1.43
NE:
1.65
FF:
$110.11M
NE:
$3.20B
FF:
-$26.13M
NE:
$716.15M
FF:
-$50.17M
NE:
$1.11B
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Return for Risk
FF vs. NE — Risk / Return Rank
FF
NE
FF vs. NE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FutureFuel Corp. (FF) and Noble Corporation (NE). 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.
| FF | NE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.23 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.29 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.81 | 4.28 | -3.47 |
| Martin ratioReturn relative to average drawdown | 1.67 | 9.03 | -7.36 |
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Drawdowns
FF vs. NE - Drawdown Comparison
The maximum FF drawdown since its inception was -64.23%, roughly equal to the maximum NE drawdown of -63.16%. Use the drawdown chart below to compare losses from any high point for FF and NE.
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Drawdown Indicators
| FF | NE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.23% | -63.16% | -1.07% |
Max Drawdown (1Y)Largest decline over 1 year | -30.85% | -16.56% | -14.29% |
Max Drawdown (3Y)Largest decline over 3 years | -51.46% | -63.16% | +11.70% |
Max Drawdown (5Y)Largest decline over 5 years | -51.46% | -63.16% | +11.70% |
Max Drawdown (10Y)Largest decline over 10 years | -64.23% | — | — |
Current DrawdownCurrent decline from peak | -45.08% | -12.75% | -32.33% |
Average DrawdownAverage peak-to-trough decline | -30.54% | -19.49% | -11.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.89% | 7.83% | +7.06% |
Volatility
FF vs. NE - Volatility Comparison
The current volatility for FutureFuel Corp. (FF) is 9.35%, while Noble Corporation (NE) has a volatility of 10.86%. This indicates that FF experiences smaller price fluctuations and is considered to be less risky than NE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FF | NE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.35% | 10.86% | -1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 39.19% | 29.03% | +10.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.93% | 40.86% | +9.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.27% | 43.44% | +2.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.61% | 43.39% | +1.22% |
Dividends
FF vs. NE - Dividend Comparison
FF's dividend yield for the trailing twelve months is around 4.13%, less than NE's 4.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FF FutureFuel Corp. | 4.13% | 7.52% | 51.80% | 3.95% | 2.95% | 35.86% | 25.51% | 1.94% | 1.51% | 1.70% | 18.20% | 1.78% |
NE Noble Corporation | 4.26% | 7.08% | 5.73% | 1.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
FF vs. NE - Financials Comparison
This section allows you to compare key financial metrics between FutureFuel Corp. and Noble 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
FF vs. NE - Profitability Comparison
FF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, FutureFuel Corp. reported a gross profit of 0.00 and revenue of 31.90M. Therefore, the gross margin over that period was 0.0%.
NE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Noble Corporation reported a gross profit of 305.45M and revenue of 785.69M. Therefore, the gross margin over that period was 38.9%.
FF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, FutureFuel Corp. reported an operating income of -20.84M and revenue of 31.90M, resulting in an operating margin of -65.3%.
NE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Noble Corporation reported an operating income of 225.31M and revenue of 785.69M, resulting in an operating margin of 28.7%.
FF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, FutureFuel Corp. reported a net income of -20.58M and revenue of 31.90M, resulting in a net margin of -64.5%.
NE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Noble Corporation reported a net income of 120.73M and revenue of 785.69M, resulting in a net margin of 15.4%.
Frequently Asked Questions
FF and NE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NE has higher volatility (10.86%) compared to FF (9.35%). In terms of maximum drawdown, FF dropped -64.23% vs NE's -63.16%.
NE currently has the higher Sharpe Ratio (1.73 vs 0.50), 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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