NE vs. CMCX.L
NE (Noble Corporation) and CMCX.L (CMC Markets plc) are both stocks. NE operates in Oil & Gas Drilling (Energy), while CMCX.L operates in Capital Markets (Financial Services). Over the past 5 years, NE returned 17.16%/yr vs 2.61%/yr for CMCX.L. At a 0.14 correlation, their price movements are largely independent.
Performance
NE vs. CMCX.L - Performance Comparison
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Different Trading Currencies
NE is traded in USD, while CMCX.L is traded in GBp. To make them comparable, the CMCX.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NE achieves a 69.84% return, which is significantly higher than CMCX.L's 54.48% return.
NE
- 1D
- 1.73%
- 1M
- -10.32%
- YTD
- 69.84%
- 6M
- 61.33%
- 1Y
- 70.26%
- 3Y*
- 13.81%
- 5Y*
- 17.16%
- 10Y*
- —
CMCX.L
- 1D
- -0.05%
- 1M
- 23.12%
- YTD
- 54.48%
- 6M
- 63.17%
- 1Y
- 90.70%
- 3Y*
- 49.85%
- 5Y*
- 2.61%
- 10Y*
- 9.46%
NE vs. CMCX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NE Noble Corporation | 69.84% | -3.21% | -31.57% | 29.54% | 52.00% | 1.27% |
CMCX.L CMC Markets plc | 54.48% | 36.76% | 140.02% | -48.87% | -20.49% | -44.97% |
Correlation
The correlation between NE and CMCX.L is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2021 | 0.14 |
Fundamentals
NE:
$7.55B
CMCX.L:
£1.30B
NE:
$1.43
CMCX.L:
£0.50
NE:
32.85
CMCX.L:
9.36
NE:
8.94
CMCX.L:
1.23
NE:
2.35
CMCX.L:
1.69
NE:
1.65
CMCX.L:
2.84
NE:
$3.20B
CMCX.L:
£755.33M
NE:
$716.15M
CMCX.L:
£533.42M
NE:
$1.11B
CMCX.L:
£232.99M
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Return for Risk
NE vs. CMCX.L — Risk / Return Rank
NE
CMCX.L
NE vs. CMCX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Noble Corporation (NE) and CMC Markets plc (CMCX.L). 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.
| NE | CMCX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.46 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 4.28 | 4.19 | +0.09 |
| Martin ratioReturn relative to average drawdown | 9.03 | 10.78 | -1.75 |
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Drawdowns
NE vs. CMCX.L - Drawdown Comparison
The maximum NE drawdown since its inception was -63.16%, smaller than the maximum CMCX.L drawdown of -82.48%. Use the drawdown chart below to compare losses from any high point for NE and CMCX.L.
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Drawdown Indicators
| NE | CMCX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.16% | -82.48% | +19.32% |
Max Drawdown (1Y)Largest decline over 1 year | -16.56% | -20.24% | +3.68% |
Max Drawdown (3Y)Largest decline over 3 years | -63.16% | -45.82% | -17.34% |
Max Drawdown (5Y)Largest decline over 5 years | -63.16% | -80.36% | +17.20% |
Max Drawdown (10Y)Largest decline over 10 years | — | -82.48% | — |
Current DrawdownCurrent decline from peak | -12.75% | -0.05% | -12.70% |
Average DrawdownAverage peak-to-trough decline | -19.49% | -43.80% | +24.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.83% | 7.88% | -0.05% |
Volatility
NE vs. CMCX.L - Volatility Comparison
The current volatility for Noble Corporation (NE) is 10.86%, while CMC Markets plc (CMCX.L) has a volatility of 17.57%. This indicates that NE experiences smaller price fluctuations and is considered to be less risky than CMCX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NE | CMCX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.86% | 17.57% | -6.71% |
Volatility (6M)Calculated over the trailing 6-month period | 29.03% | 25.50% | +3.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.86% | 43.41% | -2.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.44% | 48.29% | -4.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.39% | 47.85% | -4.46% |
Dividends
NE vs. CMCX.L - Dividend Comparison
NE's dividend yield for the trailing twelve months is around 4.26%, more than CMCX.L's 2.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CMCX.L CMC Markets plc | 2.97% | 4.62% | 4.19% | 4.67% | 5.53% | 9.46% | 5.47% | 2.41% | 6.94% | 5.95% |
NE Noble Corporation | 4.26% | 7.08% | 5.73% | 1.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NE vs. CMCX.L - Financials Comparison
This section allows you to compare key financial metrics between Noble Corporation and CMC Markets plc. 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
NE vs. CMCX.L - Profitability Comparison
NE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Noble Corporation reported a gross profit of 305.45M and revenue of 785.69M. Therefore, the gross margin over that period was 38.9%.
CMCX.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CMC Markets plc reported a gross profit of 188.08M and revenue of 217.26M. Therefore, the gross margin over that period was 86.6%.
NE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Noble Corporation reported an operating income of 225.31M and revenue of 785.69M, resulting in an operating margin of 28.7%.
CMCX.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CMC Markets plc reported an operating income of 57.64M and revenue of 217.26M, resulting in an operating margin of 26.5%.
NE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Noble Corporation reported a net income of 120.73M and revenue of 785.69M, resulting in a net margin of 15.4%.
CMCX.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CMC Markets plc reported a net income of 38.42M and revenue of 217.26M, resulting in a net margin of 17.7%.
Frequently Asked Questions
NE and CMCX.L have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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