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 0.27, 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:
-0.22
^TNX:
-0.12
HBM:
0.15
^TNX:
-0.01
HBM:
1.02
^TNX:
1.00
HBM:
-0.14
^TNX:
-0.05
HBM:
-0.43
^TNX:
-0.24
HBM:
20.74%
^TNX:
10.58%
HBM:
54.95%
^TNX:
22.02%
HBM:
-92.24%
^TNX:
-93.78%
HBM:
-55.42%
^TNX:
-45.49%
Returns By Period
In the year-to-date period, HBM achieves a -4.72% return, which is significantly lower than ^TNX's -4.37% return. Over the past 10 years, HBM has underperformed ^TNX with an annualized return of -2.22%, while ^TNX has yielded a comparatively higher 6.85% annualized return.
HBM
-4.72%
10.94%
-17.46%
-11.81%
25.68%
-2.22%
^TNX
-4.37%
-0.61%
1.56%
-1.71%
45.18%
6.85%
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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 -92.24%, 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 12.19% compared to Treasury Yield 10 Years (^TNX) at 6.44%. 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.