HBM vs. ^TNX
Compare and contrast key facts about Hudbay Minerals Inc. (HBM) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HBM or ^TNX.
Correlation
The correlation between HBM and ^TNX is 0.18, 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
HBM vs. ^TNX - Performance Comparison
Key characteristics
HBM:
0.64
^TNX:
0.16
HBM:
1.17
^TNX:
0.39
HBM:
1.15
^TNX:
1.04
HBM:
0.46
^TNX:
0.06
HBM:
2.02
^TNX:
0.32
HBM:
15.74%
^TNX:
10.45%
HBM:
49.84%
^TNX:
21.12%
HBM:
-92.23%
^TNX:
-93.78%
HBM:
-58.97%
^TNX:
-44.91%
Returns By Period
In the year-to-date period, HBM achieves a -12.35% return, which is significantly lower than ^TNX's -3.35% return. Over the past 10 years, HBM has underperformed ^TNX with an annualized return of -1.41%, while ^TNX has yielded a comparatively higher 8.35% annualized return.
HBM
-12.35%
-15.78%
-13.01%
32.49%
20.46%
-1.41%
^TNX
-3.35%
-3.89%
16.10%
2.15%
24.68%
8.35%
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Risk-Adjusted Performance
HBM vs. ^TNX — Risk-Adjusted Performance Rank
HBM
^TNX
HBM vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hudbay Minerals Inc. (HBM) and Treasury Yield 10 Years (^TNX). 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
HBM vs. ^TNX - Drawdown Comparison
The maximum HBM drawdown since its inception was -92.23%, roughly equal to the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for HBM and ^TNX. For additional features, visit the drawdowns tool.
Volatility
HBM vs. ^TNX - Volatility Comparison
Hudbay Minerals Inc. (HBM) has a higher volatility of 20.58% compared to Treasury Yield 10 Years (^TNX) at 5.89%. This indicates that HBM's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.