NEWP vs. BE

Last updated Aug 1, 2026

NEWP (New Pacific Metals Corp) and BE (Bloom Energy Corporation) are both stocks. NEWP operates in Silver (Basic Materials), while BE operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, NEWP returned 2.36%/yr vs 56.68%/yr for BE. Their 0.17 correlation means their historical movements had little consistent relationship.

Performance

NEWP vs. BE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in New Pacific Metals Corp (NEWP) and Bloom Energy Corporation (BE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NEWP achieves a 32.19% return, which is significantly lower than BE's 136.86% return.

NEWP

• 1D: -2.52%
• 1M: 8.41%
• 6M: 38.10%
• YTD: 32.19%
• 1Y: 224.48%
• 3Y*: 25.45%
• 5Y*: 2.36%
• 10Y*: —
• ALL TIME*: 17.76%

BE

• 1D: -0.63%
• 1M: -24.02%
• 6M: 35.96%
• YTD: 136.86%
• 1Y: 460.48%
• 3Y*: 126.68%
• 5Y*: 56.68%
• 10Y*: —
• ALL TIME*: 34.88%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BE Bloom Energy Corporation	$4.07B	$3.66B	$3.50B
NEWP New Pacific Metals Corp	$2.12M	$2.27M	$4.65M

NEWP vs. BE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
NEWP New Pacific Metals Corp	32.19%	197.46%	-38.22%	-15.11%	-23.47%	-53.41%	37.47%	313.51%	-5.97%
BE Bloom Energy Corporation	136.86%	291.22%	50.07%	-22.59%	-12.81%	-23.48%	283.67%	-25.15%	-46.63%

Correlation

The correlation between NEWP and BE is 0.24, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.24
Correlation (3Y) Balances recent behavior with more history.	0.23
Correlation (5Y) Shows whether the relationship held over a longer period.	0.23
Correlation (All Time) Calculated using the full available price history since Jul 25, 2018	0.17

Fundamentals

Market Cap NEWP : $853.87M BE : $60.62B
EPS NEWP : -$0.02 BE : $0.86
PB Ratio NEWP : 5.34 BE : 41.28
Total Revenue (TTM) NEWP : $0.00 BE : $3.11B
Gross Profit (TTM) NEWP : -$179.32K BE : $972.69M
EBITDA (TTM) NEWP : -$5.58M BE : $309.03M

Return for Risk

NEWP vs. BE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NEWP

NEWP Risk / Return Rank: 93
NEWP Sharpe Ratio Rank: 96
NEWP Sortino Ratio Rank: 91
NEWP Omega Ratio Rank: 89
NEWP Calmar Ratio Rank: 96
NEWP Martin Ratio Rank: 93

BE

BE Risk / Return Rank: 97
BE Sharpe Ratio Rank: 99
BE Sortino Ratio Rank: 95
BE Omega Ratio Rank: 93
BE Calmar Ratio Rank: 98
BE Martin Ratio Rank: 98

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NEWP vs. BE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for New Pacific Metals Corp (NEWP) and Bloom Energy Corporation (BE). 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.

	NEWP	BE	Difference
Sharpe ratio: Return per unit of total volatility	2.67	3.97	-1.30
Sortino ratio: Return per unit of downside risk	2.85	3.38	-0.53
Omega ratio: Gain probability vs. loss probability	1.35	1.41	-0.06
Calmar ratio: Return relative to maximum drawdown	5.49	8.63	-3.14
Martin ratio: Return relative to average drawdown	12.20	24.90	-12.70

NEWP vs. BE - Sharpe Ratio Comparison

The current NEWP Sharpe Ratio is 2.67, which is lower than the BE Sharpe Ratio of 3.97. The chart below compares the historical Sharpe Ratios of NEWP and BE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NEWP vs. BE - Drawdown Comparison

The maximum NEWP drawdown since its inception was -86.64%, smaller than the maximum BE drawdown of -92.54%. Use the drawdown chart below to compare losses from any high point for NEWP and BE.

Drawdown Indicators

	NEWP	BE	Difference
Max Drawdown Largest peak-to-trough decline	-86.64%	-92.54%	+5.90%
Max Drawdown (1Y) Largest decline over 1 year	-41.19%	-52.65%	+11.46%
Max Drawdown (3Y) Largest decline over 3 years	-64.81%	-52.65%	-12.16%
Max Drawdown (5Y) Largest decline over 5 years	-78.21%	-75.87%	-2.34%
Current Drawdown Current decline from peak	-32.24%	-40.49%	+8.25%
Average Drawdown Average peak-to-trough decline	-42.19%	-51.49%	+9.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.49%	18.20%	+0.29%

Volatility

NEWP vs. BE - Volatility Comparison

The current volatility for New Pacific Metals Corp (NEWP) is 21.39%, while Bloom Energy Corporation (BE) has a volatility of 42.49%. This indicates that NEWP experiences smaller price fluctuations and is considered to be less risky than BE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NEWP	BE	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.39%	42.49%	-21.10%
Volatility (6M) Calculated over the trailing 6-month period	62.24%	84.76%	-22.52%
Volatility (1Y) Calculated over the trailing 1-year period	84.83%	114.50%	-29.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.27%	88.73%	-13.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.90%	96.71%	-22.81%

Dividends

NEWP vs. BE - Dividend Comparison

Neither NEWP nor BE has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both NEWP and BE in my portfolio?

NEWP and BE have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NEWP or BE?

BE has higher volatility (42.49%) compared to NEWP (21.39%). In terms of maximum drawdown, NEWP dropped -86.64% vs BE's -92.54%.

Which has better risk-adjusted returns?

BE currently has the higher Sharpe Ratio (3.97 vs 2.67), 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.