FRD vs. SSRM
FRD (Friedman Industries, Incorporated) and SSRM (SSR Mining Inc.) are both stocks. Both are in the Basic Materials sector — FRD in Steel, SSRM in Gold. Over the past 10 years, FRD returned 21.55%/yr vs 10.37%/yr for SSRM. At a 0.07 correlation, their price movements are largely independent.
Performance
FRD vs. SSRM - Performance Comparison
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Returns By Period
In the year-to-date period, FRD achieves a 82.03% return, which is significantly higher than SSRM's 40.15% return. Over the past 10 years, FRD has outperformed SSRM with an annualized return of 21.55%, while SSRM has yielded a comparatively lower 10.37% annualized return.
FRD
- 1D
- -0.72%
- 1M
- 79.64%
- YTD
- 82.03%
- 6M
- 81.77%
- 1Y
- 124.24%
- 3Y*
- 57.99%
- 5Y*
- 22.18%
- 10Y*
- 21.55%
SSRM
- 1D
- -0.74%
- 1M
- 3.36%
- YTD
- 40.15%
- 6M
- 31.85%
- 1Y
- 141.13%
- 3Y*
- 30.85%
- 5Y*
- 15.23%
- 10Y*
- 10.37%
FRD vs. SSRM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRD Friedman Industries, Incorporated | 82.03% | 35.33% | -0.26% | 58.98% | 5.34% | 37.91% | 15.73% | -12.71% | 26.02% | -14.17% |
SSRM SSR Mining Inc. | 40.15% | 214.94% | -35.32% | -29.94% | -10.02% | -10.90% | 4.41% | 59.31% | 37.54% | -1.46% |
Correlation
The correlation between FRD and SSRM is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 1996 | 0.07 |
Fundamentals
FRD:
$3.73
SSRM:
$3.27
FRD:
9.97
SSRM:
9.41
FRD:
0.22
SSRM:
0.15
FRD:
0.30
SSRM:
3.51
FRD:
$646.91M
SSRM:
$1.90B
FRD:
$32.71M
SSRM:
$643.76M
FRD:
$26.09M
SSRM:
$835.27M
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Return for Risk
FRD vs. SSRM — Risk / Return Rank
FRD
SSRM
FRD vs. SSRM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Friedman Industries, Incorporated (FRD) and SSR Mining Inc. (SSRM). 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.
| FRD | SSRM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.33 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 5.05 | 4.54 | +0.51 |
| Martin ratioReturn relative to average drawdown | 10.86 | 11.57 | -0.71 |
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Drawdowns
FRD vs. SSRM - Drawdown Comparison
The maximum FRD drawdown since its inception was -71.00%, smaller than the maximum SSRM drawdown of -91.68%. Use the drawdown chart below to compare losses from any high point for FRD and SSRM.
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Drawdown Indicators
| FRD | SSRM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.00% | -91.68% | +20.68% |
Max Drawdown (1Y)Largest decline over 1 year | -24.77% | -31.28% | +6.51% |
Max Drawdown (3Y)Largest decline over 3 years | -46.49% | -73.41% | +26.92% |
Max Drawdown (5Y)Largest decline over 5 years | -53.55% | -83.16% | +29.61% |
Max Drawdown (10Y)Largest decline over 10 years | -65.09% | -83.16% | +18.07% |
Current DrawdownCurrent decline from peak | -0.72% | -29.43% | +28.71% |
Average DrawdownAverage peak-to-trough decline | -34.68% | -57.13% | +22.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.49% | 12.24% | -0.75% |
Volatility
FRD vs. SSRM - Volatility Comparison
Friedman Industries, Incorporated (FRD) has a higher volatility of 28.55% compared to SSR Mining Inc. (SSRM) at 20.70%. This indicates that FRD's price experiences larger fluctuations and is considered to be riskier than SSRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRD | SSRM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.55% | 20.70% | +7.85% |
Volatility (6M)Calculated over the trailing 6-month period | 38.23% | 55.20% | -16.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.72% | 67.66% | -12.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.19% | 56.12% | -1.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.65% | 53.11% | -3.46% |
Dividends
FRD vs. SSRM - Dividend Comparison
FRD's dividend yield for the trailing twelve months is around 0.43%, while SSRM has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRD Friedman Industries, Incorporated | 0.43% | 0.78% | 0.92% | 0.52% | 0.82% | 0.85% | 1.17% | 2.66% | 1.70% | 0.70% | 0.60% | 0.90% |
SSRM SSR Mining Inc. | 0.00% | 0.00% | 0.00% | 2.60% | 1.79% | 1.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
FRD vs. SSRM - Financials Comparison
This section allows you to compare key financial metrics between Friedman Industries, Incorporated and SSR Mining Inc.. 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
FRD vs. SSRM - Profitability Comparison
FRD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Friedman Industries, Incorporated reported a gross profit of 0.00 and revenue of 191.78M. Therefore, the gross margin over that period was 0.0%.
SSRM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SSR Mining Inc. reported a gross profit of 0.00 and revenue of 581.78M. Therefore, the gross margin over that period was 0.0%.
FRD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Friedman Industries, Incorporated reported an operating income of 11.83M and revenue of 191.78M, resulting in an operating margin of 6.2%.
SSRM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SSR Mining Inc. reported an operating income of 300.38M and revenue of 581.78M, resulting in an operating margin of 51.6%.
FRD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Friedman Industries, Incorporated reported a net income of 9.19M and revenue of 191.78M, resulting in a net margin of 4.8%.
SSRM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SSR Mining Inc. reported a net income of 369.74M and revenue of 581.78M, resulting in a net margin of 63.6%.
Frequently Asked Questions
FRD and SSRM have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FRD has higher volatility (28.55%) compared to SSRM (20.70%). In terms of maximum drawdown, FRD dropped -71.00% vs SSRM's -91.68%.
FRD currently has the higher Sharpe Ratio (2.29 vs 2.10), 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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