HMY vs. NGD
Compare and contrast key facts about Harmony Gold Mining Company Limited (HMY) and New Gold Inc. (NGD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HMY or NGD.
Correlation
The correlation between HMY and NGD is 0.55, 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
HMY vs. NGD - Performance Comparison
Key characteristics
HMY:
0.62
NGD:
1.22
HMY:
1.27
NGD:
2.02
HMY:
1.15
NGD:
1.22
HMY:
0.50
NGD:
0.74
HMY:
2.45
NGD:
5.93
HMY:
13.72%
NGD:
11.48%
HMY:
54.36%
NGD:
55.65%
HMY:
-97.06%
NGD:
-96.73%
HMY:
-49.09%
NGD:
-82.06%
Fundamentals
HMY:
$5.47B
NGD:
$2.13B
HMY:
$0.76
NGD:
$0.02
HMY:
11.43
NGD:
133.00
HMY:
0.00
NGD:
-2.09
HMY:
$63.26B
NGD:
$859.81M
HMY:
$16.82B
NGD:
$140.23M
HMY:
$7.57B
NGD:
$257.10M
Returns By Period
In the year-to-date period, HMY achieves a 37.05% return, which is significantly lower than NGD's 72.60% return. Over the past 10 years, HMY has outperformed NGD with an annualized return of 17.33%, while NGD has yielded a comparatively lower -4.83% annualized return.
HMY
37.05%
-10.26%
-8.89%
32.52%
19.79%
17.33%
NGD
72.60%
-7.01%
26.63%
64.71%
23.31%
-4.83%
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Risk-Adjusted Performance
HMY vs. NGD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Harmony Gold Mining Company Limited (HMY) and New Gold Inc. (NGD). 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
HMY vs. NGD - Dividend Comparison
HMY's dividend yield for the trailing twelve months is around 1.56%, while NGD has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Harmony Gold Mining Company Limited | 1.56% | 0.65% | 1.15% | 2.24% | 0.00% | 0.00% | 0.00% | 3.48% | 1.67% | 0.00% | 0.00% | 2.21% |
New Gold Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HMY vs. NGD - Drawdown Comparison
The maximum HMY drawdown since its inception was -97.06%, roughly equal to the maximum NGD drawdown of -96.73%. Use the drawdown chart below to compare losses from any high point for HMY and NGD. For additional features, visit the drawdowns tool.
Volatility
HMY vs. NGD - Volatility Comparison
The current volatility for Harmony Gold Mining Company Limited (HMY) is 11.69%, while New Gold Inc. (NGD) has a volatility of 14.47%. This indicates that HMY experiences smaller price fluctuations and is considered to be less risky than NGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
HMY vs. NGD - Financials Comparison
This section allows you to compare key financial metrics between Harmony Gold Mining Company Limited and New Gold 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.
Total Revenue: Total amount of money received from sales and other business activities