NC vs. ARLP
NC (NACCO Industries, Inc.) and ARLP (Alliance Resource Partners, L.P.) are both stocks. Both operate in the Thermal Coal industry within the Energy sector. Over the past 10 years, NC returned 0.74%/yr vs 13.40%/yr for ARLP. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
NC vs. ARLP - Performance Comparison
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Returns By Period
In the year-to-date period, NC achieves a -2.41% return, which is significantly lower than ARLP's 17.26% return. Over the past 10 years, NC has underperformed ARLP with an annualized return of 0.74%, while ARLP has yielded a comparatively higher 13.40% annualized return.
NC
- 1D
- 0.47%
- 1M
- -2.07%
- 6M
- -2.79%
- YTD
- -2.41%
- 1Y
- 32.59%
- 3Y*
- 11.88%
- 5Y*
- 16.40%
- 10Y*
- 0.74%
- ALL TIME*
- 6.45%
ARLP
- 1D
- -0.92%
- 1M
- 8.99%
- 6M
- 14.36%
- YTD
- 17.26%
- 1Y
- 7.41%
- 3Y*
- 21.62%
- 5Y*
- 40.15%
- 10Y*
- 13.40%
- ALL TIME*
- 15.58%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $6.60M | $5.99M | $7.50M | |
| $492.99K | $569.90K | $636.03K |
NC vs. ARLP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NC NACCO Industries, Inc. | -2.41% | 68.74% | -15.91% | -1.51% | 6.71% | 42.16% | -42.27% | 40.37% | -8.34% | -57.76% |
ARLP Alliance Resource Partners, L.P. | 17.26% | -2.45% | 39.91% | 18.83% | 73.34% | 195.75% | -56.80% | -28.90% | -1.90% | -4.04% |
Correlation
The correlation between NC and ARLP is 0.13, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.21 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.25 |
Correlation (All Time) Calculated using the full available price history since Aug 17, 1999 | 0.23 |
The correlation between NC and ARLP shifts across timeframes, from 0.13 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NC:
$353.26M
ARLP:
$3.34B
NC:
$2.87
ARLP:
$2.07
NC:
16.52
ARLP:
12.52
NC:
0.40
ARLP:
0.28
NC:
1.29
ARLP:
1.53
NC:
0.82
ARLP:
0.00
NC:
$274.40M
ARLP:
$2.17B
NC:
$42.94M
ARLP:
$613.22M
NC:
-$5.34M
ARLP:
$650.79M
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Return for Risk
NC vs. ARLP — Risk / Return Rank
NC
ARLP
NC vs. ARLP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NACCO Industries, Inc. (NC) and Alliance Resource Partners, L.P. (ARLP). 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.
| NC | ARLP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.08 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | 0.47 | +0.88 |
| Martin ratioReturn relative to average drawdown | 2.55 | 0.91 | +1.63 |
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Drawdowns
NC vs. ARLP - Drawdown Comparison
The maximum NC drawdown since its inception was -91.50%, roughly equal to the maximum ARLP drawdown of -90.52%. Use the drawdown chart below to compare losses from any high point for NC and ARLP.
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Drawdown Indicators
| NC | ARLP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.50% | -90.52% | -0.98% |
Max Drawdown (1Y)Largest decline over 1 year | -20.63% | -16.92% | -3.71% |
Max Drawdown (3Y)Largest decline over 3 years | -31.24% | -20.83% | -10.41% |
Max Drawdown (5Y)Largest decline over 5 years | -55.01% | -29.13% | -25.88% |
Max Drawdown (10Y)Largest decline over 10 years | -80.21% | -85.26% | +5.05% |
Current DrawdownCurrent decline from peak | -39.58% | -8.33% | -31.25% |
Average DrawdownAverage peak-to-trough decline | -36.54% | -24.27% | -12.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.90% | 8.61% | +2.29% |
Volatility
NC vs. ARLP - Volatility Comparison
NACCO Industries, Inc. (NC) has a higher volatility of 6.38% compared to Alliance Resource Partners, L.P. (ARLP) at 5.29%. This indicates that NC's price experiences larger fluctuations and is considered to be riskier than ARLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NC | ARLP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.38% | 5.29% | +1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 28.99% | 16.91% | +12.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.63% | 22.98% | +18.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.65% | 32.69% | +13.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.33% | 49.67% | +0.66% |
Dividends
NC vs. ARLP - Dividend Comparison
NC's dividend yield for the trailing twelve months is around 2.15%, less than ARLP's 9.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARLP Alliance Resource Partners, L.P. | 9.25% | 11.19% | 10.65% | 13.22% | 7.38% | 3.16% | 8.93% | 19.82% | 11.94% | 9.54% | 8.85% | 19.74% |
NC NACCO Industries, Inc. | 2.15% | 2.01% | 3.02% | 2.36% | 2.16% | 2.16% | 2.92% | 1.57% | 1.95% | 2.60% | 1.18% | 2.48% |
Financials
NC vs. ARLP - Financials Comparison
This section allows you to compare key financial metrics between NACCO Industries, Inc. and Alliance Resource Partners, L.P.. 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
NC vs. ARLP - Profitability Comparison
NC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, NACCO Industries, Inc. reported a gross profit of 14.29M and revenue of 62.78M. Therefore, the gross margin over that period was 22.8%.
ARLP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Alliance Resource Partners, L.P. reported a gross profit of 202.70M and revenue of 551.56M. Therefore, the gross margin over that period was 36.8%.
NC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, NACCO Industries, Inc. reported an operating income of 16.57M and revenue of 62.78M, resulting in an operating margin of 26.4%.
ARLP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Alliance Resource Partners, L.P. reported an operating income of 95.59M and revenue of 551.56M, resulting in an operating margin of 17.3%.
NC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, NACCO Industries, Inc. reported a net income of 8.84M and revenue of 62.78M, resulting in a net margin of 14.1%.
ARLP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Alliance Resource Partners, L.P. reported a net income of 79.56M and revenue of 551.56M, resulting in a net margin of 14.4%.
Frequently Asked Questions
NC and ARLP have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NC has higher volatility (6.38%) compared to ARLP (5.29%). In terms of maximum drawdown, NC dropped -91.50% vs ARLP's -90.52%.
NC currently has the higher Sharpe Ratio (0.67 vs 0.34), 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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