MGA vs. CNR.TO
Compare and contrast key facts about Magna International Inc. (MGA) and Canadian National Railway Company (CNR.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGA or CNR.TO.
Correlation
The correlation between MGA and CNR.TO is 0.43, 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
MGA vs. CNR.TO - Performance Comparison
Key characteristics
MGA:
-0.79
CNR.TO:
-0.55
MGA:
-0.98
CNR.TO:
-0.68
MGA:
0.88
CNR.TO:
0.92
MGA:
-0.39
CNR.TO:
-0.51
MGA:
-1.06
CNR.TO:
-1.01
MGA:
22.13%
CNR.TO:
9.04%
MGA:
29.72%
CNR.TO:
16.51%
MGA:
-79.31%
CNR.TO:
-37.85%
MGA:
-54.42%
CNR.TO:
-17.81%
Fundamentals
MGA:
$12.54B
CNR.TO:
CA$92.69B
MGA:
$3.75
CNR.TO:
CA$8.45
MGA:
11.61
CNR.TO:
17.44
MGA:
0.42
CNR.TO:
3.30
MGA:
$42.98B
CNR.TO:
CA$18.64B
MGA:
$4.15B
CNR.TO:
CA$7.96B
MGA:
$3.66B
CNR.TO:
CA$8.45B
Returns By Period
In the year-to-date period, MGA achieves a -25.53% return, which is significantly lower than CNR.TO's -10.91% return. Over the past 10 years, MGA has underperformed CNR.TO with an annualized return of 0.33%, while CNR.TO has yielded a comparatively higher 8.12% annualized return.
MGA
-25.53%
-1.01%
2.28%
-25.29%
-2.49%
0.33%
CNR.TO
-10.91%
-2.19%
-8.23%
-9.63%
6.02%
8.12%
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Risk-Adjusted Performance
MGA vs. CNR.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Magna International Inc. (MGA) and Canadian National Railway Company (CNR.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.
Dividends
MGA vs. CNR.TO - Dividend Comparison
MGA's dividend yield for the trailing twelve months is around 4.50%, more than CNR.TO's 2.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGA Magna International Inc. | 4.50% | 3.11% | 3.20% | 2.13% | 2.26% | 2.66% | 2.90% | 1.94% | 2.30% | 2.17% | 1.40% | 1.56% |
CNR.TO Canadian National Railway Company | 2.33% | 1.90% | 1.82% | 1.58% | 1.64% | 1.83% | 1.80% | 1.59% | 1.66% | 1.62% | 1.25% | 1.42% |
Drawdowns
MGA vs. CNR.TO - Drawdown Comparison
The maximum MGA drawdown since its inception was -79.31%, which is greater than CNR.TO's maximum drawdown of -37.85%. Use the drawdown chart below to compare losses from any high point for MGA and CNR.TO. For additional features, visit the drawdowns tool.
Volatility
MGA vs. CNR.TO - Volatility Comparison
Magna International Inc. (MGA) has a higher volatility of 8.95% compared to Canadian National Railway Company (CNR.TO) at 4.73%. This indicates that MGA's price experiences larger fluctuations and is considered to be riskier than CNR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
MGA vs. CNR.TO - Financials Comparison
This section allows you to compare key financial metrics between Magna International Inc. and Canadian National Railway Company. 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