INOD vs. OGC.TO
INOD (Innodata Inc.) and OGC.TO (OceanaGold Corporation) are both stocks. INOD operates in Information Technology Services (Technology), while OGC.TO operates in Gold (Basic Materials). Over the past 10 years, INOD returned 40.27%/yr vs 7.85%/yr for OGC.TO. At a 0.07 correlation, their price movements are largely independent.
Performance
INOD vs. OGC.TO - Performance Comparison
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Different Trading Currencies
INOD is traded in USD, while OGC.TO is traded in CAD. To make them comparable, the OGC.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, INOD achieves a 33.07% return, which is significantly higher than OGC.TO's -12.51% return. Over the past 10 years, INOD has outperformed OGC.TO with an annualized return of 40.27%, while OGC.TO has yielded a comparatively lower 7.85% annualized return.
INOD
- 1D
- -1.99%
- 1M
- -35.65%
- 6M
- 4.36%
- YTD
- 33.07%
- 1Y
- 36.38%
- 3Y*
- 83.68%
- 5Y*
- 57.80%
- 10Y*
- 40.27%
OGC.TO
- 1D
- -0.62%
- 1M
- -2.03%
- 6M
- -18.41%
- YTD
- -12.51%
- 1Y
- 74.32%
- 3Y*
- 62.25%
- 5Y*
- 34.79%
- 10Y*
- 7.85%
INOD vs. OGC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INOD Innodata Inc. | 33.07% | 28.92% | 385.50% | 174.54% | -49.92% | 11.70% | 364.91% | -24.00% | 10.29% | -44.49% |
OGC.TO OceanaGold Corporation | -12.51% | 243.14% | 44.90% | 1.19% | 10.28% | -10.52% | -1.18% | -46.54% | 42.71% | -11.18% |
Correlation
The correlation between INOD and OGC.TO is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2007 | 0.07 |
The correlation between INOD and OGC.TO shifts across timeframes, from 0.07 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
INOD:
$2.21B
OGC.TO:
CA$7.83B
INOD:
$1.11
OGC.TO:
$1.94
INOD:
61.15
OGC.TO:
12.74
INOD:
0.02
OGC.TO:
0.03
INOD:
8.48
OGC.TO:
4.30
INOD:
18.82
OGC.TO:
2.34
INOD:
$283.42M
OGC.TO:
$2.25B
INOD:
$76.88M
OGC.TO:
$1.24B
INOD:
$37.35M
OGC.TO:
$1.22B
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Return for Risk
INOD vs. OGC.TO — Risk / Return Rank
INOD
OGC.TO
INOD vs. OGC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innodata Inc. (INOD) and OceanaGold Corporation (OGC.TO). 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.
| INOD | OGC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.24 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 1.78 | -1.32 |
| Martin ratioReturn relative to average drawdown | 0.80 | 4.18 | -3.38 |
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Drawdowns
INOD vs. OGC.TO - Drawdown Comparison
The maximum INOD drawdown since its inception was -95.47%, roughly equal to the maximum OGC.TO drawdown of -97.03%. Use the drawdown chart below to compare losses from any high point for INOD and OGC.TO.
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Drawdown Indicators
| INOD | OGC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.47% | -97.03% | +1.56% |
Max Drawdown (1Y)Largest decline over 1 year | -63.03% | -43.27% | -19.76% |
Max Drawdown (3Y)Largest decline over 3 years | -63.03% | -43.27% | -19.76% |
Max Drawdown (5Y)Largest decline over 5 years | -74.44% | -49.76% | -24.68% |
Max Drawdown (10Y)Largest decline over 10 years | -74.44% | -78.65% | +4.21% |
Current DrawdownCurrent decline from peak | -44.20% | -41.60% | -2.60% |
Average DrawdownAverage peak-to-trough decline | -60.01% | -41.50% | -18.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.06% | 18.39% | +17.67% |
Volatility
INOD vs. OGC.TO - Volatility Comparison
Innodata Inc. (INOD) has a higher volatility of 21.43% compared to OceanaGold Corporation (OGC.TO) at 15.47%. This indicates that INOD's price experiences larger fluctuations and is considered to be riskier than OGC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INOD | OGC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.43% | 15.47% | +5.96% |
Volatility (6M)Calculated over the trailing 6-month period | 89.38% | 42.36% | +47.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 121.48% | 52.48% | +69.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 107.08% | 50.44% | +56.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.58% | 53.11% | +36.47% |
Dividends
INOD vs. OGC.TO - Dividend Comparison
INOD has not paid dividends to shareholders, while OGC.TO's dividend yield for the trailing twelve months is around 0.94%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INOD Innodata 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% |
OGC.TO OceanaGold Corporation | 0.94% | 0.29% | 0.23% | 0.36% | 0.00% | 0.00% | 0.00% | 0.18% | 0.26% | 0.27% | 0.46% | 0.63% |
Financials
INOD vs. OGC.TO - Financials Comparison
This section allows you to compare key financial metrics between Innodata Inc. and OceanaGold Corporation. 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
INOD vs. OGC.TO - Profitability Comparison
INOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Innodata Inc. reported a gross profit of 0.00 and revenue of 90.10M. Therefore, the gross margin over that period was 0.0%.
OGC.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, OceanaGold Corporation reported a gross profit of 397.08M and revenue of 702.79M. Therefore, the gross margin over that period was 56.5%.
INOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Innodata Inc. reported an operating income of 0.00 and revenue of 90.10M, resulting in an operating margin of 0.0%.
OGC.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, OceanaGold Corporation reported an operating income of 330.79M and revenue of 702.79M, resulting in an operating margin of 47.1%.
INOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Innodata Inc. reported a net income of 14.90M and revenue of 90.10M, resulting in a net margin of 16.5%.
OGC.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, OceanaGold Corporation reported a net income of 224.66M and revenue of 702.79M, resulting in a net margin of 32.0%.
Frequently Asked Questions
INOD and OGC.TO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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