NB vs. NIOBW
NB (NioCorp Developments Ltd. Common Stock) and NIOBW (NioCorp Developments Ltd. Warrant) are both stocks. Both operate in the Other Industrial Metals & Mining industry within the Basic Materials sector. Over the past 3 years, NB returned -2.28%/yr vs 22.45%/yr for NIOBW. Their 0.38 correlation means their historical movements had little consistent relationship.
Performance
NB vs. NIOBW - Performance Comparison
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Returns By Period
In the year-to-date period, NB achieves a -19.72% return, which is significantly higher than NIOBW's -39.78% return.
NB
- 1D
- -1.05%
- 1M
- -10.23%
- 6M
- -27.88%
- YTD
- -19.72%
- 1Y
- 34.65%
- 3Y*
- -2.28%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -15.51%
NIOBW
- 1D
- 1.82%
- 1M
- -19.99%
- 6M
- -53.91%
- YTD
- -39.78%
- 1Y
- 49.33%
- 3Y*
- 22.45%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.53%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $10.70M | $12.76M | $17.89M | |
| $5.85K | $11.89K | $21.18K |
NB vs. NIOBW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NB NioCorp Developments Ltd. Common Stock | -19.72% | 241.94% | -51.41% | -57.47% |
NIOBW NioCorp Developments Ltd. Warrant | -39.78% | 1,900.00% | -82.45% | -33.75% |
Correlation
The correlation between NB and NIOBW is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.40 |
Correlation (All Time) Calculated using the full available price history since Mar 21, 2023 | 0.38 |
Over the past year, NB and NIOBW have become more correlated (0.75) than their long-term average of 0.38, meaning their price movements have been converging.
Fundamentals
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Return for Risk
NB vs. NIOBW — Risk / Return Rank
NB
NIOBW
NB vs. NIOBW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NioCorp Developments Ltd. Common Stock (NB) and NioCorp Developments Ltd. Warrant (NIOBW). 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 | NIOBW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.18 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 0.64 | +0.13 |
| Martin ratioReturn relative to average drawdown | 1.11 | 0.90 | +0.20 |
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Drawdowns
NB vs. NIOBW - Drawdown Comparison
The maximum NB drawdown since its inception was -82.83%, smaller than the maximum NIOBW drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for NB and NIOBW.
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Drawdown Indicators
| NB | NIOBW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.83% | -90.00% | +7.17% |
Max Drawdown (1Y)Largest decline over 1 year | -66.92% | -79.23% | +12.31% |
Max Drawdown (3Y)Largest decline over 3 years | -74.71% | -88.53% | +13.82% |
Current DrawdownCurrent decline from peak | -63.54% | -78.46% | +14.92% |
Average DrawdownAverage peak-to-trough decline | -56.14% | -51.15% | -4.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 46.17% | 55.80% | -9.63% |
Volatility
NB vs. NIOBW - Volatility Comparison
The current volatility for NioCorp Developments Ltd. Common Stock (NB) is 24.00%, while NioCorp Developments Ltd. Warrant (NIOBW) has a volatility of 38.03%. This indicates that NB experiences smaller price fluctuations and is considered to be less risky than NIOBW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NB | NIOBW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.00% | 38.03% | -14.03% |
Volatility (6M)Calculated over the trailing 6-month period | 61.96% | 85.03% | -23.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 100.66% | 144.14% | -43.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 91.17% | 189.65% | -98.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 91.17% | 189.65% | -98.48% |
Dividends
NB vs. NIOBW - Dividend Comparison
Neither NB nor NIOBW has paid dividends to shareholders.
Financials
NB vs. NIOBW - Financials Comparison
This section allows you to compare key financial metrics between NioCorp Developments Ltd. Common Stock and NioCorp Developments Ltd. Warrant. 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 NIOBW have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NIOBW has higher volatility (38.03%) compared to NB (24.00%). In terms of maximum drawdown, NB dropped -82.83% vs NIOBW's -90.00%.
NB currently has the higher Sharpe Ratio (0.51 vs 0.35), 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.
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