Correlation
The correlation between NEO.TO and VALE is 0.41, 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.
NEO.TO vs. VALE
Compare and contrast key facts about Neo Performance Materials Inc. (NEO.TO) and Vale S.A. (VALE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEO.TO or VALE.
Performance
NEO.TO vs. VALE - Performance Comparison
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Key characteristics
NEO.TO:
0.93
VALE:
-0.60
NEO.TO:
1.86
VALE:
-0.81
NEO.TO:
1.21
VALE:
0.90
NEO.TO:
0.70
VALE:
-0.38
NEO.TO:
5.21
VALE:
-1.32
NEO.TO:
9.17%
VALE:
14.89%
NEO.TO:
51.12%
VALE:
30.20%
NEO.TO:
-72.44%
VALE:
-93.21%
NEO.TO:
-51.66%
VALE:
-46.19%
Fundamentals
NEO.TO:
CA$395.24M
VALE:
$40.09B
NEO.TO:
-CA$0.51
VALE:
$1.38
NEO.TO:
0.83
VALE:
0.19
NEO.TO:
0.71
VALE:
1.11
NEO.TO:
CA$475.34M
VALE:
$37.20B
NEO.TO:
CA$129.35M
VALE:
$13.17B
NEO.TO:
CA$15.99M
VALE:
$13.49B
Returns By Period
In the year-to-date period, NEO.TO achieves a 19.81% return, which is significantly higher than VALE's 6.99% return.
NEO.TO
19.81%
-17.83%
21.77%
45.39%
-6.08%
8.97%
N/A
VALE
6.99%
-1.19%
-2.89%
-17.60%
-12.97%
9.23%
9.82%
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Risk-Adjusted Performance
NEO.TO vs. VALE — Risk-Adjusted Performance Rank
NEO.TO
VALE
NEO.TO vs. VALE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neo Performance Materials Inc. (NEO.TO) and Vale S.A. (VALE). 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.
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Dividends
NEO.TO vs. VALE - Dividend Comparison
NEO.TO's dividend yield for the trailing twelve months is around 4.23%, less than VALE's 9.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEO.TO Neo Performance Materials Inc. | 4.23% | 5.01% | 5.24% | 4.17% | 1.97% | 2.90% | 4.01% | 2.47% | 0.00% | 0.00% | 0.00% | 0.00% |
VALE Vale S.A. | 9.10% | 11.30% | 7.75% | 8.65% | 19.70% | 2.73% | 2.63% | 4.16% | 3.39% | 0.64% | 8.84% | 6.69% |
Drawdowns
NEO.TO vs. VALE - Drawdown Comparison
The maximum NEO.TO drawdown since its inception was -72.44%, smaller than the maximum VALE drawdown of -93.21%. Use the drawdown chart below to compare losses from any high point for NEO.TO and VALE.
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Volatility
NEO.TO vs. VALE - Volatility Comparison
Neo Performance Materials Inc. (NEO.TO) has a higher volatility of 13.49% compared to Vale S.A. (VALE) at 6.36%. This indicates that NEO.TO's price experiences larger fluctuations and is considered to be riskier than VALE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
NEO.TO vs. VALE - Financials Comparison
This section allows you to compare key financial metrics between Neo Performance Materials Inc. and Vale S.A.. 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
NEO.TO vs. VALE - Profitability Comparison
NEO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Neo Performance Materials Inc. reported a gross profit of 30.81M and revenue of 121.61M. Therefore, the gross margin over that period was 25.3%.
VALE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Vale S.A. reported a gross profit of 2.67B and revenue of 8.12B. Therefore, the gross margin over that period was 32.9%.
NEO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Neo Performance Materials Inc. reported an operating income of 9.59M and revenue of 121.61M, resulting in an operating margin of 7.9%.
VALE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Vale S.A. reported an operating income of 1.80B and revenue of 8.12B, resulting in an operating margin of 22.2%.
NEO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Neo Performance Materials Inc. reported a net income of -1.48M and revenue of 121.61M, resulting in a net margin of -1.2%.
VALE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Vale S.A. reported a net income of 1.39B and revenue of 8.12B, resulting in a net margin of 17.2%.