NB vs. CMP

Last updated Jun 23, 2026

NB (NioCorp Developments Ltd. Common Stock) and CMP (Compass Minerals International, Inc.) are both stocks. Both operate in the Other Industrial Metals & Mining industry within the Basic Materials sector. Over the past 3 years, NB returned 0.98%/yr vs -4.23%/yr for CMP. At a 0.19 correlation, their price movements are largely independent.

Performance

NB vs. CMP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NioCorp Developments Ltd. Common Stock (NB) and Compass Minerals International, Inc. (CMP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NB achieves a -1.89% return, which is significantly lower than CMP's 47.00% return.

NB

• 1D: -2.07%
• 1M: -3.70%
• YTD: -1.89%
• 6M: -8.61%
• 1Y: 100.00%
• 3Y*: 0.98%
• 5Y*: —
• 10Y*: —

CMP

• 1D: -5.59%
• 1M: -5.62%
• YTD: 47.00%
• 6M: 43.85%
• 1Y: 52.99%
• 3Y*: -4.23%
• 5Y*: -12.51%
• 10Y*: -6.81%

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

NB vs. CMP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NB NioCorp Developments Ltd. Common Stock	-1.89%	241.94%	-51.41%	-57.47%
CMP Compass Minerals International, Inc.	47.00%	74.58%	-55.26%	-19.00%

Correlation

The correlation between NB and CMP is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (All Time) Calculated using the full available price history since Mar 21, 2023	0.19

The correlation between NB and CMP shifts across timeframes, from 0.19 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap NB : $707.98M CMP : $1.22B
EPS NB : -$0.52 CMP : $0.17
PB Ratio NB : 1.63 CMP : 4.45
Total Revenue (TTM) NB : $0.00 CMP : $1.29B
Gross Profit (TTM) NB : -$1.00K CMP : $225.80M
EBITDA (TTM) NB : -$54.65M CMP : $147.00M

Return for Risk

NB vs. CMP — Risk / Return Rank

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

NB

NB Risk / Return Rank: 70
NB Sharpe Ratio Rank: 71
NB Sortino Ratio Rank: 73
NB Omega Ratio Rank: 70
NB Calmar Ratio Rank: 70
NB Martin Ratio Rank: 65

CMP

CMP Risk / Return Rank: 72
CMP Sharpe Ratio Rank: 74
CMP Sortino Ratio Rank: 68
CMP Omega Ratio Rank: 69
CMP Calmar Ratio Rank: 76
CMP Martin Ratio Rank: 74

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.

NB vs. CMP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NioCorp Developments Ltd. Common Stock (NB) and Compass Minerals International, Inc. (CMP). 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.

	NB	CMP	Difference
Sharpe ratio: Return per unit of total volatility	0.93	1.07	-0.15
Sortino ratio: Return per unit of downside risk	1.83	1.59	+0.24
Omega ratio: Gain probability vs. loss probability	1.22	1.21	+0.01
Calmar ratio: Return relative to maximum drawdown	1.57	2.03	-0.46
Martin ratio: Return relative to average drawdown	2.39	4.25	-1.86

NB vs. CMP - Sharpe Ratio Comparison

The current NB Sharpe Ratio is 0.93, which is comparable to the CMP Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of NB and CMP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NB vs. CMP - Drawdown Comparison

The maximum NB drawdown since its inception was -82.83%, smaller than the maximum CMP drawdown of -89.12%. Use the drawdown chart below to compare losses from any high point for NB and CMP.

Drawdown Indicators

	NB	CMP	Difference
Max Drawdown Largest peak-to-trough decline	-82.83%	-89.12%	+6.29%
Max Drawdown (1Y) Largest decline over 1 year	-64.10%	-26.29%	-37.81%
Max Drawdown (3Y) Largest decline over 3 years	-75.00%	-79.73%	+4.73%
Max Drawdown (5Y) Largest decline over 5 years	—	-89.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-89.12%	—
Current Drawdown Current decline from peak	-55.44%	-59.57%	+4.13%
Average Drawdown Average peak-to-trough decline	-55.95%	-24.84%	-31.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.94%	12.51%	+29.43%

Volatility

NB vs. CMP - Volatility Comparison

NioCorp Developments Ltd. Common Stock (NB) has a higher volatility of 24.34% compared to Compass Minerals International, Inc. (CMP) at 13.70%. This indicates that NB's price experiences larger fluctuations and is considered to be riskier than CMP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NB	CMP	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.34%	13.70%	+10.64%
Volatility (6M) Calculated over the trailing 6-month period	65.65%	38.15%	+27.50%
Volatility (1Y) Calculated over the trailing 1-year period	108.87%	49.65%	+59.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	91.58%	52.63%	+38.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	91.58%	45.03%	+46.55%

Dividends

NB vs. CMP - Dividend Comparison

Neither NB nor CMP has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CMP Compass Minerals International, Inc.	0.00%	0.00%	1.33%	2.37%	1.46%	4.52%	4.67%	4.72%	6.91%	3.99%	3.55%	3.51%
NB NioCorp Developments Ltd. Common Stock	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both NB and CMP in my portfolio?

NB and CMP have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NB or CMP?

NB has higher volatility (24.34%) compared to CMP (13.70%). In terms of maximum drawdown, NB dropped -82.83% vs CMP's -89.12%.

Which has better risk-adjusted returns?

CMP currently has the higher Sharpe Ratio (1.07 vs 0.93), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.