GOGL vs. SBLK
Compare and contrast key facts about Golden Ocean Group Limited (GOGL) and Star Bulk Carriers Corp. (SBLK).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOGL or SBLK.
Correlation
The correlation between GOGL and SBLK is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GOGL vs. SBLK - Performance Comparison
Key characteristics
GOGL:
0.16
SBLK:
-0.70
GOGL:
0.47
SBLK:
-0.88
GOGL:
1.06
SBLK:
0.90
GOGL:
0.07
SBLK:
-0.21
GOGL:
0.32
SBLK:
-1.32
GOGL:
17.13%
SBLK:
15.43%
GOGL:
35.31%
SBLK:
28.96%
GOGL:
-96.87%
SBLK:
-99.74%
GOGL:
-80.34%
SBLK:
-96.29%
Fundamentals
GOGL:
$1.81B
SBLK:
$1.77B
GOGL:
$1.21
SBLK:
$2.92
GOGL:
7.42
SBLK:
5.12
GOGL:
131.35
SBLK:
1.95
GOGL:
$1.01B
SBLK:
$1.22B
GOGL:
$367.91M
SBLK:
$447.71M
GOGL:
$482.69M
SBLK:
$525.68M
Returns By Period
In the year-to-date period, GOGL achieves a -0.99% return, which is significantly higher than SBLK's -21.83% return. Over the past 10 years, GOGL has outperformed SBLK with an annualized return of -1.14%, while SBLK has yielded a comparatively lower -1.99% annualized return.
GOGL
-0.99%
-23.99%
-31.58%
2.48%
21.86%
-1.14%
SBLK
-21.83%
-19.10%
-34.19%
-21.32%
17.59%
-1.99%
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Risk-Adjusted Performance
GOGL vs. SBLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Golden Ocean Group Limited (GOGL) and Star Bulk Carriers Corp. (SBLK). 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.
Dividends
GOGL vs. SBLK - Dividend Comparison
GOGL's dividend yield for the trailing twelve months is around 13.78%, less than SBLK's 16.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOGL Golden Ocean Group Limited | 13.78% | 5.12% | 27.04% | 17.20% | 1.08% | 5.60% | 7.32% | 0.00% | 0.00% | 0.00% | 15.34% | 8.47% |
SBLK Star Bulk Carriers Corp. | 16.89% | 7.38% | 33.80% | 9.93% | 0.57% | 0.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GOGL vs. SBLK - Drawdown Comparison
The maximum GOGL drawdown since its inception was -96.87%, roughly equal to the maximum SBLK drawdown of -99.74%. Use the drawdown chart below to compare losses from any high point for GOGL and SBLK. For additional features, visit the drawdowns tool.
Volatility
GOGL vs. SBLK - Volatility Comparison
Golden Ocean Group Limited (GOGL) has a higher volatility of 10.16% compared to Star Bulk Carriers Corp. (SBLK) at 7.08%. This indicates that GOGL's price experiences larger fluctuations and is considered to be riskier than SBLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
GOGL vs. SBLK - Financials Comparison
This section allows you to compare key financial metrics between Golden Ocean Group Limited and Star Bulk Carriers Corp.. 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