NEO.TO vs. AREC
NEO.TO (Neo Performance Materials Inc.) and AREC (American Resources Corporation) are both stocks. Both are in the Basic Materials sector — NEO.TO in Specialty Chemicals, AREC in Coking Coal. Over the past 5 years, NEO.TO returned 17.11%/yr vs -2.80%/yr for AREC. At a 0.17 correlation, their price movements are largely independent.
Performance
NEO.TO vs. AREC - Performance Comparison
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Different Trading Currencies
NEO.TO is traded in CAD, while AREC is traded in USD. To make them comparable, the AREC values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NEO.TO achieves a 116.40% return, which is significantly higher than AREC's -11.96% return.
NEO.TO
- 1D
- 4.68%
- 1M
- 2.85%
- YTD
- 116.40%
- 6M
- 109.31%
- 1Y
- 186.63%
- 3Y*
- 63.70%
- 5Y*
- 17.11%
- 10Y*
- —
AREC
- 1D
- -1.20%
- 1M
- -0.96%
- YTD
- -11.96%
- 6M
- -15.54%
- 1Y
- 152.34%
- 3Y*
- 7.92%
- 5Y*
- -2.80%
- 10Y*
- —
NEO.TO vs. AREC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEO.TO Neo Performance Materials Inc. | 116.40% | 101.35% | 10.42% | -16.66% | -51.09% | 50.37% | 16.30% | -17.14% | -12.01% | 0.67% |
AREC American Resources Corporation | -11.96% | 134.33% | -26.48% | 10.19% | -22.02% | -7.74% | 202.18% | -93.96% | 21,576.81% | 0.00% |
Correlation
The correlation between NEO.TO and AREC is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Dec 29, 2017 | 0.17 |
The correlation between NEO.TO and AREC shifts across timeframes, from 0.17 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
NEO.TO:
-$0.24
AREC:
-$0.45
NEO.TO:
2.00
AREC:
1.23K
NEO.TO:
$511.45M
AREC:
$145.03K
NEO.TO:
$147.42M
AREC:
$140.16K
NEO.TO:
$61.97M
AREC:
-$22.47M
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Return for Risk
NEO.TO vs. AREC — Risk / Return Rank
NEO.TO
AREC
NEO.TO vs. AREC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neo Performance Materials Inc. (NEO.TO) and American Resources Corporation (AREC). 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.
| NEO.TO | AREC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.27 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 5.52 | 2.51 | +3.01 |
| Martin ratioReturn relative to average drawdown | 11.44 | 3.75 | +7.69 |
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Drawdowns
NEO.TO vs. AREC - Drawdown Comparison
The maximum NEO.TO drawdown since its inception was -72.44%, smaller than the maximum AREC drawdown of -96.91%. Use the drawdown chart below to compare losses from any high point for NEO.TO and AREC.
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Drawdown Indicators
| NEO.TO | AREC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.44% | -96.91% | +24.47% |
Max Drawdown (1Y)Largest decline over 1 year | -32.83% | -72.12% | +39.29% |
Max Drawdown (3Y)Largest decline over 3 years | -37.56% | -78.93% | +41.37% |
Max Drawdown (5Y)Largest decline over 5 years | -72.44% | -87.08% | +14.64% |
Current DrawdownCurrent decline from peak | -6.13% | -83.89% | +77.76% |
Average DrawdownAverage peak-to-trough decline | -34.87% | -79.69% | +44.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.82% | 48.26% | -32.44% |
Volatility
NEO.TO vs. AREC - Volatility Comparison
The current volatility for Neo Performance Materials Inc. (NEO.TO) is 26.26%, while American Resources Corporation (AREC) has a volatility of 31.48%. This indicates that NEO.TO experiences smaller price fluctuations and is considered to be less risky than AREC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEO.TO | AREC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.26% | 31.48% | -5.22% |
Volatility (6M)Calculated over the trailing 6-month period | 45.29% | 73.18% | -27.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.47% | 134.70% | -70.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.64% | 107.28% | -53.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.44% | 740.96% | -688.52% |
Dividends
NEO.TO vs. AREC - Dividend Comparison
NEO.TO's dividend yield for the trailing twelve months is around 1.19%, while AREC has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AREC American Resources Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEO.TO Neo Performance Materials Inc. | 1.19% | 2.57% | 5.01% | 5.24% | 4.17% | 1.97% | 2.90% | 3.20% | 2.47% |
Financials
NEO.TO vs. AREC - Financials Comparison
This section allows you to compare key financial metrics between Neo Performance Materials Inc. and American Resources Corporation. 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
NEO.TO and AREC have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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