NB vs. NEO.TO
NB (NioCorp Developments Ltd. Common Stock) and NEO.TO (Neo Performance Materials Inc.) are both stocks. Both are in the Basic Materials sector — NB in Other Industrial Metals & Mining, NEO.TO in Specialty Chemicals. Over the past 3 years, NB returned -0.07%/yr vs 61.67%/yr for NEO.TO. At a 0.26 correlation, their price movements are largely independent.
Performance
NB vs. NEO.TO - Performance Comparison
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Different Trading Currencies
NB is traded in USD, while NEO.TO is traded in CAD. To make them comparable, the NEO.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NB achieves a -5.85% return, which is significantly lower than NEO.TO's 102.57% return.
NB
- 1D
- -2.73%
- 1M
- -18.06%
- YTD
- -5.85%
- 6M
- -24.74%
- 1Y
- 92.66%
- 3Y*
- -0.07%
- 5Y*
- —
- 10Y*
- —
NEO.TO
- 1D
- 3.15%
- 1M
- 7.67%
- YTD
- 102.57%
- 6M
- 92.24%
- 1Y
- 189.76%
- 3Y*
- 61.67%
- 5Y*
- 12.85%
- 10Y*
- —
NB vs. NEO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NB NioCorp Developments Ltd. Common Stock | -5.85% | 241.94% | -51.41% | -57.86% |
NEO.TO Neo Performance Materials Inc. | 102.57% | 110.98% | 1.80% | -10.23% |
Correlation
The correlation between NB and NEO.TO is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2023 | 0.26 |
The correlation between NB and NEO.TO shifts across timeframes, from 0.25 (3 years) to 0.44 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
NB:
$679.39M
NEO.TO:
CA$1.33B
NB:
-$0.52
NEO.TO:
-CA$0.24
NB:
1.56
NEO.TO:
3.48
NB:
$0.00
NEO.TO:
CA$511.45M
NB:
-$1.00K
NEO.TO:
CA$147.42M
NB:
-$54.65M
NEO.TO:
CA$61.97M
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Return for Risk
NB vs. NEO.TO — Risk / Return Rank
NB
NEO.TO
NB vs. NEO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NioCorp Developments Ltd. Common Stock (NB) and Neo Performance Materials Inc. (NEO.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.
| NB | NEO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.41 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.45 | 6.01 | -4.55 |
| Martin ratioReturn relative to average drawdown | 2.28 | 12.18 | -9.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NB | NEO.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 3.00 | -2.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.24 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | 0.19 | -0.32 |
Drawdowns
NB vs. NEO.TO - Drawdown Comparison
The maximum NB drawdown since its inception was -82.83%, which is greater than NEO.TO's maximum drawdown of -74.57%. Use the drawdown chart below to compare losses from any high point for NB and NEO.TO.
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Drawdown Indicators
| NB | NEO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.83% | -74.57% | -8.26% |
Max Drawdown (1Y)Largest decline over 1 year | -64.10% | -31.80% | -32.30% |
Max Drawdown (3Y)Largest decline over 3 years | -75.24% | -38.53% | -36.71% |
Max Drawdown (5Y)Largest decline over 5 years | — | -74.57% | — |
Current DrawdownCurrent decline from peak | -57.24% | -11.20% | -46.04% |
Average DrawdownAverage peak-to-trough decline | -56.03% | -37.11% | -18.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.72% | 15.64% | +25.08% |
Volatility
NB vs. NEO.TO - Volatility Comparison
NioCorp Developments Ltd. Common Stock (NB) and Neo Performance Materials Inc. (NEO.TO) have volatilities of 24.64% and 24.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NB | NEO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.64% | 24.31% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 65.98% | 44.14% | +21.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 108.94% | 63.84% | +45.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 91.85% | 54.06% | +37.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 91.85% | 53.11% | +38.74% |
Dividends
NB vs. NEO.TO - Dividend Comparison
NB has not paid dividends to shareholders, while NEO.TO's dividend yield for the trailing twelve months is around 1.25%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
NB NioCorp Developments Ltd. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEO.TO Neo Performance Materials Inc. | 1.25% | 2.57% | 5.01% | 5.24% | 4.17% | 1.97% | 2.90% | 3.20% | 2.47% |
Financials
NB vs. NEO.TO - Financials Comparison
This section allows you to compare key financial metrics between NioCorp Developments Ltd. Common Stock and Neo Performance Materials Inc.. 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
Frequently Asked Questions
NB and NEO.TO have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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