GLDG vs. RAIL
GLDG (GoldMining Inc) and RAIL (FreightCar America, Inc.) are both stocks. GLDG operates in Gold (Basic Materials), while RAIL operates in Railroads (Industrials). Over the past 10 years, GLDG returned -9.38%/yr vs -5.38%/yr for RAIL. Their 0.07 correlation means their historical movements had little consistent relationship.
Performance
GLDG vs. RAIL - Performance Comparison
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Returns By Period
In the year-to-date period, GLDG achieves a -33.52% return, which is significantly lower than RAIL's -28.00% return. Over the past 10 years, GLDG has underperformed RAIL with an annualized return of -9.38%, while RAIL has yielded a comparatively higher -5.38% annualized return.
GLDG
- 1D
- -3.52%
- 1M
- -10.93%
- 6M
- -47.74%
- YTD
- -33.52%
- 1Y
- 6.96%
- 3Y*
- -3.64%
- 5Y*
- -10.16%
- 10Y*
- -9.38%
- ALL TIME*
- -2.22%
RAIL
- 1D
- 0.00%
- 1M
- -11.15%
- 6M
- -30.76%
- YTD
- -28.00%
- 1Y
- -18.67%
- 3Y*
- 37.44%
- 5Y*
- 8.96%
- 10Y*
- -5.38%
- ALL TIME*
- -3.74%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
GLDG GoldMining Inc | $491.24K | $545.29K | $1.48M |
| $1.33M | $1.77M | $1.96M |
GLDG vs. RAIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLDG GoldMining Inc | -33.52% | 55.28% | -17.37% | -13.79% | -5.83% | -44.95% | 113.73% | 78.95% | -45.19% | -32.47% |
RAIL FreightCar America, Inc. | -28.00% | 23.55% | 231.85% | -15.63% | -13.28% | 53.11% | 16.43% | -69.06% | -60.83% | 16.26% |
Correlation
The correlation between GLDG and RAIL is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (3Y) Balances recent behavior with more history. | 0.15 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2011 | 0.07 |
The correlation between GLDG and RAIL shifts across timeframes, from 0.07 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
GLDG:
$178.50M
RAIL:
$157.41M
GLDG:
-CA$0.10
RAIL:
$0.89
GLDG:
CA$0.00
RAIL:
$469.01M
GLDG:
-CA$336.86K
RAIL:
$69.61M
GLDG:
-CA$16.71M
RAIL:
-$1.50M
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Return for Risk
GLDG vs. RAIL — Risk / Return Rank
GLDG
RAIL
GLDG vs. RAIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GoldMining Inc (GLDG) and FreightCar America, Inc. (RAIL). 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.
| GLDG | RAIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 0.98 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.14 | -0.43 | +0.57 |
| Martin ratioReturn relative to average drawdown | 0.25 | -0.74 | +0.99 |
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Drawdowns
GLDG vs. RAIL - Drawdown Comparison
The maximum GLDG drawdown since its inception was -81.97%, smaller than the maximum RAIL drawdown of -98.88%. Use the drawdown chart below to compare losses from any high point for GLDG and RAIL.
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Drawdown Indicators
| GLDG | RAIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.97% | -98.88% | +16.91% |
Max Drawdown (1Y)Largest decline over 1 year | -61.75% | -50.34% | -11.41% |
Max Drawdown (3Y)Largest decline over 3 years | -61.75% | -71.67% | +9.92% |
Max Drawdown (5Y)Largest decline over 5 years | -62.98% | -71.67% | +8.69% |
Max Drawdown (10Y)Largest decline over 10 years | -77.95% | -96.23% | +18.28% |
Current DrawdownCurrent decline from peak | -71.34% | -88.29% | +16.95% |
Average DrawdownAverage peak-to-trough decline | -52.25% | -71.96% | +19.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.52% | 29.31% | +5.21% |
Volatility
GLDG vs. RAIL - Volatility Comparison
GoldMining Inc (GLDG) and FreightCar America, Inc. (RAIL) have volatilities of 14.95% and 14.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLDG | RAIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.95% | 14.69% | +0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 50.49% | 43.90% | +6.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.26% | 59.50% | +10.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.68% | 67.93% | -10.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.20% | 73.83% | -15.63% |
Dividends
GLDG vs. RAIL - Dividend Comparison
Neither GLDG nor RAIL has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLDG GoldMining 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% |
RAIL FreightCar America, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.58% | 2.41% | 1.85% |
Financials
GLDG vs. RAIL - Financials Comparison
This section allows you to compare key financial metrics between GoldMining Inc and FreightCar America, 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
GLDG and RAIL have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLDG has higher volatility (14.95%) compared to RAIL (14.69%). In terms of maximum drawdown, GLDG dropped -81.97% vs RAIL's -98.88%.
GLDG currently has the higher Sharpe Ratio (0.12 vs -0.36), 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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