GMKN.ME vs. MCFTR
Compare and contrast key facts about Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel (GMKN.ME) and MOEX Total Return (MCFTR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GMKN.ME or MCFTR.
Key characteristics
| GMKN.ME | MCFTR |
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Correlation
The correlation between GMKN.ME and MCFTR is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GMKN.ME vs. MCFTR - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GMKN.ME vs. MCFTR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel (GMKN.ME) and MOEX Total Return (MCFTR). 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.
Drawdowns
GMKN.ME vs. MCFTR - Drawdown Comparison
Volatility
GMKN.ME vs. MCFTR - Volatility Comparison
Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel (GMKN.ME) has a higher volatility of 11.47% compared to MOEX Total Return (MCFTR) at 0.00%. This indicates that GMKN.ME's price experiences larger fluctuations and is considered to be riskier than MCFTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.