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HMY vs. NGD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

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.


-0.50.00.51.00.5

Performance

HMY vs. NGD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harmony Gold Mining Company Limited (HMY) and New Gold Inc. (NGD). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
-8.90%
26.63%
HMY
NGD

Key characteristics

Sharpe Ratio

HMY:

0.62

NGD:

1.22

Sortino Ratio

HMY:

1.27

NGD:

2.02

Omega Ratio

HMY:

1.15

NGD:

1.22

Calmar Ratio

HMY:

0.50

NGD:

0.74

Martin Ratio

HMY:

2.45

NGD:

5.93

Ulcer Index

HMY:

13.72%

NGD:

11.48%

Daily Std Dev

HMY:

54.36%

NGD:

55.65%

Max Drawdown

HMY:

-97.06%

NGD:

-96.73%

Current Drawdown

HMY:

-49.09%

NGD:

-82.06%

Fundamentals

Market Cap

HMY:

$5.47B

NGD:

$2.13B

EPS

HMY:

$0.76

NGD:

$0.02

PE Ratio

HMY:

11.43

NGD:

133.00

PEG Ratio

HMY:

0.00

NGD:

-2.09

Total Revenue (TTM)

HMY:

$63.26B

NGD:

$859.81M

Gross Profit (TTM)

HMY:

$16.82B

NGD:

$140.23M

EBITDA (TTM)

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

YTD

37.05%

1M

-10.26%

6M

-8.89%

1Y

32.52%

5Y*

19.79%

10Y*

17.33%

NGD

YTD

72.60%

1M

-7.01%

6M

26.63%

1Y

64.71%

5Y*

23.31%

10Y*

-4.83%

Compare stocks, funds, or ETFs

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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.


Sharpe ratio
The chart of Sharpe ratio for HMY, currently valued at 0.62, compared to the broader market-4.00-2.000.002.000.621.22
The chart of Sortino ratio for HMY, currently valued at 1.27, compared to the broader market-4.00-2.000.002.004.001.272.02
The chart of Omega ratio for HMY, currently valued at 1.15, compared to the broader market0.501.001.502.001.151.22
The chart of Calmar ratio for HMY, currently valued at 0.50, compared to the broader market0.002.004.006.000.500.74
The chart of Martin ratio for HMY, currently valued at 2.45, compared to the broader market0.0010.0020.002.455.93
HMY
NGD

The current HMY Sharpe Ratio is 0.62, which is lower than the NGD Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of HMY and NGD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.62
1.22
HMY
NGD

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.


TTM20232022202120202019201820172016201520142013
HMY
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%
NGD
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.


-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%JulyAugustSeptemberOctoberNovemberDecember
-49.09%
-82.06%
HMY
NGD

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.


10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
11.69%
14.47%
HMY
NGD

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.


Quarterly
Annual

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


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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