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NEM vs. AEM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NEM and AEM is 0.65, 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.


-0.50.00.51.00.6

Performance

NEM vs. AEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Newmont Goldcorp Corporation (NEM) and Agnico Eagle Mines Limited (AEM). The values are adjusted to include any dividend payments, if applicable.

600.00%700.00%800.00%900.00%1,000.00%1,100.00%JulyAugustSeptemberOctoberNovemberDecember
608.68%
1,002.27%
NEM
AEM

Key characteristics

Sharpe Ratio

NEM:

-0.12

AEM:

1.59

Sortino Ratio

NEM:

0.08

AEM:

2.09

Omega Ratio

NEM:

1.01

AEM:

1.26

Calmar Ratio

NEM:

-0.07

AEM:

1.12

Martin Ratio

NEM:

-0.31

AEM:

7.33

Ulcer Index

NEM:

15.00%

AEM:

6.56%

Daily Std Dev

NEM:

36.80%

AEM:

30.21%

Max Drawdown

NEM:

-77.75%

AEM:

-90.33%

Current Drawdown

NEM:

-50.60%

AEM:

-11.61%

Fundamentals

Market Cap

NEM:

$45.31B

AEM:

$41.22B

EPS

NEM:

-$2.19

AEM:

$1.98

PEG Ratio

NEM:

0.79

AEM:

28.15

Total Revenue (TTM)

NEM:

$16.84B

AEM:

$7.88B

Gross Profit (TTM)

NEM:

$3.64B

AEM:

$3.06B

EBITDA (TTM)

NEM:

$3.88B

AEM:

$3.38B

Returns By Period

In the year-to-date period, NEM achieves a -5.21% return, which is significantly lower than AEM's 45.94% return. Over the past 10 years, NEM has underperformed AEM with an annualized return of 10.35%, while AEM has yielded a comparatively higher 15.11% annualized return.


NEM

YTD

-5.21%

1M

-10.43%

6M

-8.44%

1Y

-5.30%

5Y*

1.85%

10Y*

10.35%

AEM

YTD

45.94%

1M

-5.15%

6M

20.99%

1Y

46.53%

5Y*

8.92%

10Y*

15.11%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

NEM vs. AEM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Newmont Goldcorp Corporation (NEM) and Agnico Eagle Mines Limited (AEM). 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.


Sharpe ratio
The chart of Sharpe ratio for NEM, currently valued at -0.12, compared to the broader market-4.00-2.000.002.00-0.121.59
The chart of Sortino ratio for NEM, currently valued at 0.08, compared to the broader market-4.00-2.000.002.004.000.082.09
The chart of Omega ratio for NEM, currently valued at 1.01, compared to the broader market0.501.001.502.001.011.26
The chart of Calmar ratio for NEM, currently valued at -0.07, compared to the broader market0.002.004.006.00-0.071.12
The chart of Martin ratio for NEM, currently valued at -0.31, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.317.33
NEM
AEM

The current NEM Sharpe Ratio is -0.12, which is lower than the AEM Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of NEM and AEM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.12
1.59
NEM
AEM

Dividends

NEM vs. AEM - Dividend Comparison

NEM's dividend yield for the trailing twelve months is around 2.61%, more than AEM's 2.05% yield.


TTM20232022202120202019201820172016201520142013
NEM
Newmont Goldcorp Corporation
2.61%3.87%4.66%3.55%1.74%3.31%1.62%0.67%0.37%0.56%1.19%5.32%
AEM
Agnico Eagle Mines Limited
2.05%2.92%3.08%2.63%1.35%1.10%1.09%0.89%0.86%1.22%1.29%3.34%

Drawdowns

NEM vs. AEM - Drawdown Comparison

The maximum NEM drawdown since its inception was -77.75%, smaller than the maximum AEM drawdown of -90.33%. Use the drawdown chart below to compare losses from any high point for NEM and AEM. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-50.60%
-11.61%
NEM
AEM

Volatility

NEM vs. AEM - Volatility Comparison

The current volatility for Newmont Goldcorp Corporation (NEM) is 8.87%, while Agnico Eagle Mines Limited (AEM) has a volatility of 9.92%. This indicates that NEM experiences smaller price fluctuations and is considered to be less risky than AEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
8.87%
9.92%
NEM
AEM

Financials

NEM vs. AEM - Financials Comparison

This section allows you to compare key financial metrics between Newmont Goldcorp Corporation and Agnico Eagle Mines Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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