NEHC vs. CLMT
NEHC (New Era Helium Inc) and CLMT (Calumet Specialty Products Partners, L.P.) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past year, NEHC returned 877.73% vs 183.11% for CLMT. At a 0.11 correlation, their price movements are largely independent.
Performance
NEHC vs. CLMT - Performance Comparison
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Returns By Period
In the year-to-date period, NEHC achieves a 103.75% return, which is significantly higher than CLMT's 88.07% return.
NEHC
- 1D
- 6.42%
- 1M
- 43.86%
- YTD
- 103.75%
- 6M
- 41.13%
- 1Y
- 877.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CLMT
- 1D
- 3.49%
- 1M
- 9.43%
- YTD
- 88.07%
- 6M
- 90.37%
- 1Y
- 183.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NEHC vs. CLMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NEHC New Era Helium Inc | 103.75% | -51.17% | -29.41% |
CLMT Calumet Specialty Products Partners, L.P. | 88.07% | -9.76% | 2.32% |
Correlation
The correlation between NEHC and CLMT is 0.03, 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 | 0.03 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2024 | 0.11 |
Fundamentals
NEHC:
$331.83M
CLMT:
$3.25B
NEHC:
-$1.08
CLMT:
-$2.17
NEHC:
143.00
CLMT:
0.78
NEHC:
$1.36M
CLMT:
$4.17B
NEHC:
-$326.46K
CLMT:
$239.60M
NEHC:
-$28.93M
CLMT:
$67.00M
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Return for Risk
NEHC vs. CLMT — Risk / Return Rank
NEHC
CLMT
NEHC vs. CLMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for New Era Helium Inc (NEHC) and Calumet Specialty Products Partners, L.P. (CLMT). 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.
| NEHC | CLMT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 5.24 | 4.21 | +1.03 |
Sortino ratioReturn per unit of downside risk | 4.37 | 4.51 | -0.14 |
Omega ratioGain probability vs. loss probability | 1.52 | 1.59 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 16.95 | 8.08 | +8.87 |
Martin ratioReturn relative to average drawdown | 31.83 | 28.26 | +3.57 |
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
| NEHC | CLMT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 5.24 | 4.21 | +1.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.11 | 0.85 | -0.96 |
Drawdowns
NEHC vs. CLMT - Drawdown Comparison
The maximum NEHC drawdown since its inception was -96.13%, which is greater than CLMT's maximum drawdown of -61.87%. Use the drawdown chart below to compare losses from any high point for NEHC and CLMT.
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Drawdown Indicators
| NEHC | CLMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.13% | -61.87% | -34.26% |
Max Drawdown (1Y)Largest decline over 1 year | -62.50% | -22.81% | -39.69% |
Current DrawdownCurrent decline from peak | -29.76% | 0.00% | -29.76% |
Average DrawdownAverage peak-to-trough decline | -66.47% | -20.61% | -45.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.21% | 6.51% | +26.70% |
Volatility
NEHC vs. CLMT - Volatility Comparison
New Era Helium Inc (NEHC) has a higher volatility of 33.32% compared to Calumet Specialty Products Partners, L.P. (CLMT) at 13.46%. This indicates that NEHC's price experiences larger fluctuations and is considered to be riskier than CLMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEHC | CLMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.32% | 13.46% | +19.86% |
Volatility (6M)Calculated over the trailing 6-month period | 106.27% | 30.52% | +75.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 202.11% | 43.77% | +158.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 196.38% | 61.50% | +134.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 196.38% | 61.50% | +134.88% |
Dividends
NEHC vs. CLMT - Dividend Comparison
Neither NEHC nor CLMT has paid dividends to shareholders.
Financials
NEHC vs. CLMT - Financials Comparison
This section allows you to compare key financial metrics between New Era Helium Inc and Calumet Specialty Products 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
Frequently Asked Questions
NEHC and CLMT have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEHC has higher volatility (33.32%) compared to CLMT (13.46%). In terms of maximum drawdown, NEHC dropped -96.13% vs CLMT's -61.87%.
NEHC currently has the higher Sharpe Ratio (5.24 vs 4.21), 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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