MAUCA.AX vs. AAR.AX

Last updated Jul 21, 2026

MAUCA.AX (Magnetic Resources NL) and AAR.AX (Astral Resources NL) are both stocks. Both are in the Basic Materials sector — MAUCA.AX in Other Industrial Metals & Mining, AAR.AX in Gold. At a correlation of -0.00, they often move in opposite directions.

Performance

MAUCA.AX vs. AAR.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Magnetic Resources NL (MAUCA.AX) and Astral Resources NL (AAR.AX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MAUCA.AX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

AAR.AX

• 1D: 0.00%
• 1M: -4.00%
• 6M: -54.72%
• YTD: -54.72%
• 1Y: -22.58%
• 3Y*: 14.47%
• 5Y*: 7.83%
• 10Y*: 24.37%
• ALL TIME*: -7.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MAUCA.AX vs. AAR.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MAUCA.AX Magnetic Resources NL	73.00%	0.00%	40.85%	42.00%	-56.52%	27.78%	200.00%	1,100.00%	-54.55%	5,400.00%
AAR.AX Astral Resources NL	-54.72%	96.30%	84.93%	1.39%	-32.41%	-12.00%	34.41%	4.49%	-15.24%	600.03%

Correlation

The correlation between MAUCA.AX and AAR.AX is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (3Y) Calculated over the trailing 3-year period	-0.04
Correlation (5Y) Calculated over the trailing 5-year period	-0.01
Correlation (10Y) Calculated over the trailing 10-year period	0.00
Correlation (All Time) Calculated using the full available price history since Jan 21, 2010	-0.00

Return for Risk

MAUCA.AX vs. AAR.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MAUCA.AX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

AAR.AX

AAR.AX Risk / Return Rank: 34
AAR.AX Sharpe Ratio Rank: 32
AAR.AX Sortino Ratio Rank: 36
AAR.AX Omega Ratio Rank: 35
AAR.AX Calmar Ratio Rank: 33
AAR.AX Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MAUCA.AX vs. AAR.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Magnetic Resources NL (MAUCA.AX) and Astral Resources NL (AAR.AX). 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.

	MAUCA.AX	AAR.AX	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.29	—
Sortino ratio: Return per unit of downside risk	—	0.06	—
Omega ratio: Gain probability vs. loss probability	—	1.01	—
Calmar ratio: Return relative to maximum drawdown	—	-0.35	—
Martin ratio: Return relative to average drawdown	—	-0.71	—

Drawdowns

Drawdown Indicators

	MAUCA.AX	AAR.AX	Difference
Max Drawdown Largest peak-to-trough decline	—	-99.62%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-62.07%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-62.07%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-62.07%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-75.51%	—
Current Drawdown Current decline from peak	—	-90.47%	—
Average Drawdown Average peak-to-trough decline	—	-86.20%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	31.25%	—

Volatility

Volatility by Period

	MAUCA.AX	AAR.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	24.96%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	74.30%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	66.29%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	75.40%	—

Dividends

MAUCA.AX vs. AAR.AX - Dividend Comparison

Neither MAUCA.AX nor AAR.AX has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both MAUCA.AX and AAR.AX in my portfolio?

MAUCA.AX and AAR.AX have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.