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GTN vs. FSM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between GTN and FSM is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

GTN vs. FSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gray Television, Inc. (GTN) and Fortuna Silver Mines Inc. (FSM). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

GTN:

-0.43

FSM:

-0.11

Sortino Ratio

GTN:

-0.07

FSM:

0.22

Omega Ratio

GTN:

0.99

FSM:

1.03

Calmar Ratio

GTN:

-0.28

FSM:

-0.12

Martin Ratio

GTN:

-0.78

FSM:

-0.30

Ulcer Index

GTN:

31.18%

FSM:

21.61%

Daily Std Dev

GTN:

69.23%

FSM:

55.97%

Max Drawdown

GTN:

-98.78%

FSM:

-92.25%

Current Drawdown

GTN:

-81.74%

FSM:

-38.68%

Fundamentals

Market Cap

GTN:

$459.21M

FSM:

$1.84B

EPS

GTN:

$2.28

FSM:

$0.52

PE Ratio

GTN:

1.76

FSM:

11.15

PEG Ratio

GTN:

0.11

FSM:

0.00

PS Ratio

GTN:

0.13

FSM:

1.59

PB Ratio

GTN:

0.60

FSM:

1.22

Total Revenue (TTM)

GTN:

$3.60B

FSM:

$1.13B

Gross Profit (TTM)

GTN:

$1.70B

FSM:

$389.63M

EBITDA (TTM)

GTN:

$1.12B

FSM:

$544.25M

Returns By Period

In the year-to-date period, GTN achieves a 28.47% return, which is significantly lower than FSM's 36.36% return. Over the past 10 years, GTN has underperformed FSM with an annualized return of -11.82%, while FSM has yielded a comparatively higher 4.25% annualized return.


GTN

YTD

28.47%

1M

18.51%

6M

-3.24%

1Y

-29.06%

3Y*

-38.56%

5Y*

-19.69%

10Y*

-11.82%

FSM

YTD

36.36%

1M

-6.40%

6M

22.38%

1Y

-6.10%

3Y*

21.40%

5Y*

5.43%

10Y*

4.25%

*Annualized

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Gray Television, Inc.

Fortuna Silver Mines Inc.

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

GTN vs. FSM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GTN
The Risk-Adjusted Performance Rank of GTN is 3232
Overall Rank
The Sharpe Ratio Rank of GTN is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of GTN is 3434
Sortino Ratio Rank
The Omega Ratio Rank of GTN is 3434
Omega Ratio Rank
The Calmar Ratio Rank of GTN is 3232
Calmar Ratio Rank
The Martin Ratio Rank of GTN is 3232
Martin Ratio Rank

FSM
The Risk-Adjusted Performance Rank of FSM is 4343
Overall Rank
The Sharpe Ratio Rank of FSM is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of FSM is 4242
Sortino Ratio Rank
The Omega Ratio Rank of FSM is 4141
Omega Ratio Rank
The Calmar Ratio Rank of FSM is 4343
Calmar Ratio Rank
The Martin Ratio Rank of FSM is 4444
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GTN vs. FSM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Gray Television, Inc. (GTN) and Fortuna Silver Mines Inc. (FSM). 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.


The current GTN Sharpe Ratio is -0.43, which is lower than the FSM Sharpe Ratio of -0.11. The chart below compares the historical Sharpe Ratios of GTN and FSM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

GTN vs. FSM - Dividend Comparison

GTN's dividend yield for the trailing twelve months is around 8.06%, while FSM has not paid dividends to shareholders.


TTM2024202320222021
GTN
Gray Television, Inc.
8.06%10.16%3.57%2.86%1.59%
FSM
Fortuna Silver Mines Inc.
0.00%0.00%0.00%0.00%0.00%

Drawdowns

GTN vs. FSM - Drawdown Comparison

The maximum GTN drawdown since its inception was -98.78%, which is greater than FSM's maximum drawdown of -92.25%. Use the drawdown chart below to compare losses from any high point for GTN and FSM.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

GTN vs. FSM - Volatility Comparison

Gray Television, Inc. (GTN) has a higher volatility of 26.07% compared to Fortuna Silver Mines Inc. (FSM) at 18.43%. This indicates that GTN's price experiences larger fluctuations and is considered to be riskier than FSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

GTN vs. FSM - Financials Comparison

This section allows you to compare key financial metrics between Gray Television, Inc. and Fortuna Silver Mines 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00200.00M400.00M600.00M800.00M1.00B20212022202320242025
782.00M
290.15M
(GTN) Total Revenue
(FSM) Total Revenue
Values in USD except per share items

GTN vs. FSM - Profitability Comparison

The chart below illustrates the profitability comparison between Gray Television, Inc. and Fortuna Silver Mines Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

20.0%40.0%60.0%80.0%100.0%20212022202320242025
23.7%
39.9%
(GTN) Gross Margin
(FSM) Gross Margin
GTN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Gray Television, Inc. reported a gross profit of 185.00M and revenue of 782.00M. Therefore, the gross margin over that period was 23.7%.

FSM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Fortuna Silver Mines Inc. reported a gross profit of 115.87M and revenue of 290.15M. Therefore, the gross margin over that period was 39.9%.

GTN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Gray Television, Inc. reported an operating income of 92.00M and revenue of 782.00M, resulting in an operating margin of 11.8%.

FSM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Fortuna Silver Mines Inc. reported an operating income of 91.86M and revenue of 290.15M, resulting in an operating margin of 31.7%.

GTN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Gray Television, Inc. reported a net income of -9.00M and revenue of 782.00M, resulting in a net margin of -1.2%.

FSM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Fortuna Silver Mines Inc. reported a net income of 58.50M and revenue of 290.15M, resulting in a net margin of 20.2%.