HMY vs. KBGGY
HMY (Harmony Gold Mining Company Limited) and KBGGY (Kongsberg Gruppen ASA) are both stocks. HMY operates in Gold (Basic Materials), while KBGGY operates in Aerospace & Defense (Industrials). Over the past 3 years, HMY returned 55.21%/yr vs 66.18%/yr for KBGGY. At a 0.14 correlation, their price movements are largely independent.
Performance
HMY vs. KBGGY - Performance Comparison
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Returns By Period
In the year-to-date period, HMY achieves a -18.77% return, which is significantly lower than KBGGY's 45.76% return.
HMY
- 1D
- 4.27%
- 1M
- -8.69%
- YTD
- -18.77%
- 6M
- -20.76%
- 1Y
- 8.23%
- 3Y*
- 55.21%
- 5Y*
- 29.67%
- 10Y*
- 17.69%
KBGGY
- 1D
- -2.77%
- 1M
- 0.32%
- YTD
- 45.76%
- 6M
- 50.38%
- 1Y
- -4.73%
- 3Y*
- 66.18%
- 5Y*
- —
- 10Y*
- —
HMY vs. KBGGY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HMY Harmony Gold Mining Company Limited | -18.77% | 145.47% | 35.39% | 28.47% |
KBGGY Kongsberg Gruppen ASA | 45.76% | 19.00% | 164.60% | -2.54% |
Correlation
The correlation between HMY and KBGGY is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since May 19, 2023 | 0.14 |
Fundamentals
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Return for Risk
HMY vs. KBGGY — Risk / Return Rank
HMY
KBGGY
HMY vs. KBGGY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harmony Gold Mining Company Limited (HMY) and Kongsberg Gruppen ASA (KBGGY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HMY | KBGGY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.01 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | -0.22 | +0.40 |
| Martin ratioReturn relative to average drawdown | 0.40 | -0.41 | +0.81 |
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Drawdowns
HMY vs. KBGGY - Drawdown Comparison
The maximum HMY drawdown since its inception was -97.04%, which is greater than KBGGY's maximum drawdown of -68.35%. Use the drawdown chart below to compare losses from any high point for HMY and KBGGY.
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Drawdown Indicators
| HMY | KBGGY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.04% | -68.35% | -28.69% |
Max Drawdown (1Y)Largest decline over 1 year | -48.85% | -43.73% | -5.12% |
Max Drawdown (3Y)Largest decline over 3 years | -48.85% | -68.35% | +19.50% |
Max Drawdown (5Y)Largest decline over 5 years | -62.48% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -71.05% | — | — |
Current DrawdownCurrent decline from peak | -37.92% | -47.76% | +9.84% |
Average DrawdownAverage peak-to-trough decline | -52.74% | -20.24% | -32.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.98% | 24.92% | -2.94% |
Volatility
HMY vs. KBGGY - Volatility Comparison
Harmony Gold Mining Company Limited (HMY) has a higher volatility of 21.33% compared to Kongsberg Gruppen ASA (KBGGY) at 12.44%. This indicates that HMY's price experiences larger fluctuations and is considered to be riskier than KBGGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HMY | KBGGY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.33% | 12.44% | +8.89% |
Volatility (6M)Calculated over the trailing 6-month period | 48.63% | 37.36% | +11.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.67% | 55.88% | +8.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.53% | 61.51% | -2.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.20% | 61.51% | -0.31% |
Dividends
HMY vs. KBGGY - Dividend Comparison
HMY's dividend yield for the trailing twelve months is around 2.67%, less than KBGGY's 26.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
HMY Harmony Gold Mining Company Limited | 2.53% | 1.07% | 1.59% | 0.66% | 1.14% | 2.23% | 0.00% | 0.00% | 0.00% | 3.13% | 1.37% |
KBGGY Kongsberg Gruppen ASA | 26.08% | 5.82% | 1.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
HMY vs. KBGGY - Financials Comparison
This section allows you to compare key financial metrics between Harmony Gold Mining Company Limited and Kongsberg Gruppen ASA. 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
Frequently Asked Questions
HMY and KBGGY have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HMY has higher volatility (21.33%) compared to KBGGY (12.44%). In terms of maximum drawdown, HMY dropped -97.04% vs KBGGY's -68.35%.
HMY currently has the higher Sharpe Ratio (0.14 vs -0.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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