GBR vs. GS
GBR (New Concept Energy, Inc.) and GS (The Goldman Sachs Group, Inc.) are both stocks. GBR operates in Real Estate - Services (Real Estate), while GS operates in Capital Markets (Financial Services). Over the past 10 years, GBR returned -1.40%/yr vs 23.44%/yr for GS. At a 0.09 correlation, their price movements are largely independent.
Performance
GBR vs. GS - Performance Comparison
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Returns By Period
In the year-to-date period, GBR achieves a -1.45% return, which is significantly lower than GS's 19.58% return. Over the past 10 years, GBR has underperformed GS with an annualized return of -1.40%, while GS has yielded a comparatively higher 23.44% annualized return.
GBR
- 1D
- 0.66%
- 1M
- -7.28%
- YTD
- -1.45%
- 6M
- -2.53%
- 1Y
- -18.20%
- 3Y*
- -11.16%
- 5Y*
- -32.28%
- 10Y*
- -1.40%
GS
- 1D
- -2.21%
- 1M
- 15.76%
- YTD
- 19.58%
- 6M
- 25.65%
- 1Y
- 75.87%
- 3Y*
- 51.11%
- 5Y*
- 24.59%
- 10Y*
- 23.44%
GBR vs. GS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GBR New Concept Energy, Inc. | -1.45% | -35.61% | 16.01% | -8.26% | -54.20% | 22.80% | 57.57% | -12.14% | -10.26% | -27.78% |
GS The Goldman Sachs Group, Inc. | 19.58% | 56.64% | 52.03% | 15.91% | -7.87% | 47.61% | 17.45% | 40.48% | -33.53% | 7.73% |
Correlation
The correlation between GBR and GS is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since May 5, 1999 | 0.09 |
Fundamentals
GBR:
-$0.02
GS:
$57.41
GBR:
24.69
GS:
2.96
GBR:
$153.00K
GS:
$110.77B
GBR:
$139.00K
GS:
$61.53B
GBR:
-$203.00K
GS:
$24.94B
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Return for Risk
GBR vs. GS — Risk / Return Rank
GBR
GS
GBR vs. GS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for New Concept Energy, Inc. (GBR) and The Goldman Sachs Group, Inc. (GS). 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.
| GBR | GS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.19 | 2.80 | -2.99 |
Sortino ratioReturn per unit of downside risk | 0.43 | 3.42 | -2.99 |
Omega ratioGain probability vs. loss probability | 1.05 | 1.45 | -0.40 |
Calmar ratioReturn relative to maximum drawdown | -0.31 | 3.93 | -4.23 |
Martin ratioReturn relative to average drawdown | -0.37 | 13.17 | -13.54 |
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
| GBR | GS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.19 | 2.80 | -2.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | 0.89 | -1.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.00 | 0.79 | -0.79 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 0.33 | -0.40 |
Drawdowns
GBR vs. GS - Drawdown Comparison
The maximum GBR drawdown since its inception was -99.74%, which is greater than GS's maximum drawdown of -78.84%. Use the drawdown chart below to compare losses from any high point for GBR and GS.
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Drawdown Indicators
| GBR | GS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.74% | -78.84% | -20.90% |
Max Drawdown (1Y)Largest decline over 1 year | -59.89% | -19.42% | -40.47% |
Max Drawdown (3Y)Largest decline over 3 years | -61.86% | -30.90% | -30.96% |
Max Drawdown (5Y)Largest decline over 5 years | -92.82% | -32.84% | -59.98% |
Max Drawdown (10Y)Largest decline over 10 years | -97.30% | -48.75% | -48.55% |
Current DrawdownCurrent decline from peak | -99.69% | -2.21% | -97.48% |
Average DrawdownAverage peak-to-trough decline | -88.10% | -22.63% | -65.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 49.00% | 5.78% | +43.22% |
Volatility
GBR vs. GS - Volatility Comparison
New Concept Energy, Inc. (GBR) has a higher volatility of 13.79% compared to The Goldman Sachs Group, Inc. (GS) at 8.10%. This indicates that GBR's price experiences larger fluctuations and is considered to be riskier than GS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GBR | GS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.79% | 8.10% | +5.69% |
Volatility (6M)Calculated over the trailing 6-month period | 58.48% | 22.06% | +36.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 96.76% | 27.25% | +69.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.18% | 27.86% | +62.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 333.31% | 29.76% | +303.55% |
Dividends
GBR vs. GS - Dividend Comparison
GBR has not paid dividends to shareholders, while GS's dividend yield for the trailing twelve months is around 1.63%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GBR New Concept Energy, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GS The Goldman Sachs Group, Inc. | 1.63% | 1.59% | 2.01% | 2.72% | 2.62% | 1.70% | 1.90% | 1.80% | 1.89% | 1.14% | 1.09% | 1.41% |
Financials
GBR vs. GS - Financials Comparison
This section allows you to compare key financial metrics between New Concept Energy, Inc. and The Goldman Sachs Group, 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
Frequently Asked Questions
GBR and GS have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GBR has higher volatility (13.79%) compared to GS (8.10%). In terms of maximum drawdown, GBR dropped -99.74% vs GS's -78.84%.
GS currently has the higher Sharpe Ratio (2.80 vs -0.19), 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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