NE vs. RIG
Compare and contrast key facts about Noble Corporation (NE) and Transocean Ltd. (RIG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NE or RIG.
Correlation
The correlation between NE and RIG is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NE vs. RIG - Performance Comparison
Key characteristics
NE:
-0.97
RIG:
-0.86
NE:
-1.41
RIG:
-1.21
NE:
0.85
RIG:
0.87
NE:
-0.77
RIG:
-0.42
NE:
-1.64
RIG:
-1.59
NE:
20.21%
RIG:
25.80%
NE:
34.12%
RIG:
47.65%
NE:
-43.20%
RIG:
-99.48%
NE:
-43.20%
RIG:
-97.18%
Fundamentals
NE:
$4.85B
RIG:
$3.21B
NE:
$3.40
RIG:
-$0.76
NE:
$2.77B
RIG:
$3.31B
NE:
$776.15M
RIG:
$944.00M
NE:
$923.23M
RIG:
$313.00M
Returns By Period
In the year-to-date period, NE achieves a -36.78% return, which is significantly higher than RIG's -42.99% return.
NE
-36.78%
-12.24%
-31.85%
-34.72%
N/A
N/A
RIG
-42.99%
-15.81%
-30.92%
-42.08%
-9.30%
-15.11%
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Risk-Adjusted Performance
NE vs. RIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Noble Corporation (NE) and Transocean Ltd. (RIG). 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.
Dividends
NE vs. RIG - Dividend Comparison
NE's dividend yield for the trailing twelve months is around 6.20%, while RIG has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Noble Corporation | 6.20% | 1.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Transocean Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 8.48% | 15.33% | 3.40% |
Drawdowns
NE vs. RIG - Drawdown Comparison
The maximum NE drawdown since its inception was -43.20%, smaller than the maximum RIG drawdown of -99.48%. Use the drawdown chart below to compare losses from any high point for NE and RIG. For additional features, visit the drawdowns tool.
Volatility
NE vs. RIG - Volatility Comparison
The current volatility for Noble Corporation (NE) is 9.30%, while Transocean Ltd. (RIG) has a volatility of 10.10%. This indicates that NE experiences smaller price fluctuations and is considered to be less risky than RIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NE vs. RIG - Financials Comparison
This section allows you to compare key financial metrics between Noble Corporation and Transocean Ltd.. 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