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MAG vs. SI=F
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between MAG and SI=F is 0.48, 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

MAG vs. SI=F - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MAG Silver Corp. (MAG) and Silver (SI=F). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
11.31%
-2.57%
MAG
SI=F

Key characteristics

Sharpe Ratio

MAG:

0.64

SI=F:

1.07

Sortino Ratio

MAG:

1.20

SI=F:

1.56

Omega Ratio

MAG:

1.14

SI=F:

1.21

Calmar Ratio

MAG:

0.44

SI=F:

0.59

Martin Ratio

MAG:

2.54

SI=F:

4.45

Ulcer Index

MAG:

11.25%

SI=F:

7.26%

Daily Std Dev

MAG:

44.71%

SI=F:

29.49%

Max Drawdown

MAG:

-81.82%

SI=F:

-91.54%

Current Drawdown

MAG:

-41.48%

SI=F:

-38.30%

Returns By Period

In the year-to-date period, MAG achieves a 33.24% return, which is significantly higher than SI=F's 24.81% return. Over the past 10 years, MAG has outperformed SI=F with an annualized return of 7.73%, while SI=F has yielded a comparatively lower 5.24% annualized return.


MAG

YTD

33.24%

1M

-12.10%

6M

11.32%

1Y

33.24%

5Y*

5.62%

10Y*

7.73%

SI=F

YTD

24.81%

1M

-3.78%

6M

1.63%

1Y

23.29%

5Y*

9.64%

10Y*

5.24%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

MAG vs. SI=F - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MAG Silver Corp. (MAG) and Silver (SI=F). 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 MAG, currently valued at 1.21, compared to the broader market-4.00-2.000.002.001.211.07
The chart of Sortino ratio for MAG, currently valued at 1.86, compared to the broader market-4.00-2.000.002.004.001.861.56
The chart of Omega ratio for MAG, currently valued at 1.23, compared to the broader market0.501.001.502.001.231.21
The chart of Calmar ratio for MAG, currently valued at 0.81, compared to the broader market0.002.004.006.000.810.59
The chart of Martin ratio for MAG, currently valued at 6.04, compared to the broader market0.0010.0020.006.044.45
MAG
SI=F

The current MAG Sharpe Ratio is 0.64, which is lower than the SI=F Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of MAG and SI=F, 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 Ratio0.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
1.21
1.07
MAG
SI=F

Drawdowns

MAG vs. SI=F - Drawdown Comparison

The maximum MAG drawdown since its inception was -81.82%, smaller than the maximum SI=F drawdown of -91.54%. Use the drawdown chart below to compare losses from any high point for MAG and SI=F. For additional features, visit the drawdowns tool.


-50.00%-45.00%-40.00%-35.00%-30.00%-25.00%JulyAugustSeptemberOctoberNovemberDecember
-41.48%
-38.30%
MAG
SI=F

Volatility

MAG vs. SI=F - Volatility Comparison

MAG Silver Corp. (MAG) has a higher volatility of 10.85% compared to Silver (SI=F) at 7.92%. This indicates that MAG's price experiences larger fluctuations and is considered to be riskier than SI=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
10.85%
7.92%
MAG
SI=F
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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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