NEWP vs. MP
NEWP (New Pacific Metals Corp) and MP (MP Materials Corp.) are both stocks. Both are in the Basic Materials sector — NEWP in Silver, MP in Other Industrial Metals & Mining. Over the past 5 years, NEWP returned 2.36%/yr vs 1.92%/yr for MP. Their 0.25 correlation means their historical movements had little consistent relationship.
Performance
NEWP vs. MP - Performance Comparison
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Returns By Period
In the year-to-date period, NEWP achieves a 32.19% return, which is significantly higher than MP's -18.11% 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%
MP
- 1D
- -0.70%
- 1M
- -22.40%
- 6M
- -29.61%
- YTD
- -18.11%
- 1Y
- -35.04%
- 3Y*
- 21.47%
- 5Y*
- 1.92%
- 10Y*
- —
- ALL TIME*
- 26.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $269.01M | $254.79M | $346.46M | |
| $2.12M | $2.27M | $4.65M |
NEWP vs. MP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NEWP New Pacific Metals Corp | 32.19% | 197.46% | -38.22% | -15.11% | -23.47% | -53.41% | 76.26% |
MP MP Materials Corp. | -18.11% | 223.85% | -21.41% | -18.25% | -46.54% | 41.19% | 224.95% |
Correlation
The correlation between NEWP and MP is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.29 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2020 | 0.25 |
Fundamentals
NEWP:
$853.87M
MP:
$7.36B
NEWP:
-$0.02
MP:
-$0.57
NEWP:
$0.00
MP:
$305.30M
NEWP:
-$179.32K
MP:
$25.30M
NEWP:
-$5.58M
MP:
$1.52M
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Return for Risk
NEWP vs. MP — Risk / Return Rank
NEWP
MP
NEWP vs. MP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for New Pacific Metals Corp (NEWP) and MP Materials Corp. (MP). 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 | MP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.11 | ||
| Sortino ratioReturn per unit of downside risk | +3.09 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 0.97 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 5.49 | -0.54 | +6.02 |
| Martin ratioReturn relative to average drawdown | 12.20 | -0.90 | +13.09 |
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Drawdowns
NEWP vs. MP - Drawdown Comparison
The maximum NEWP drawdown since its inception was -86.64%, which is greater than MP's maximum drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for NEWP and MP.
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Drawdown Indicators
| NEWP | MP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.64% | -81.99% | -4.65% |
Max Drawdown (1Y)Largest decline over 1 year | -41.19% | -61.38% | +20.19% |
Max Drawdown (3Y)Largest decline over 3 years | -64.81% | -61.38% | -3.43% |
Max Drawdown (5Y)Largest decline over 5 years | -78.21% | -81.99% | +3.78% |
Current DrawdownCurrent decline from peak | -32.24% | -58.06% | +25.82% |
Average DrawdownAverage peak-to-trough decline | -42.19% | -42.72% | +0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.49% | 36.61% | -18.12% |
Volatility
NEWP vs. MP - Volatility Comparison
New Pacific Metals Corp (NEWP) has a higher volatility of 21.39% compared to MP Materials Corp. (MP) at 20.22%. This indicates that NEWP's price experiences larger fluctuations and is considered to be riskier than MP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEWP | MP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.39% | 20.22% | +1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 62.24% | 50.61% | +11.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.83% | 74.63% | +10.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.27% | 69.99% | +5.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.90% | 72.47% | +1.43% |
Dividends
NEWP vs. MP - Dividend Comparison
Neither NEWP nor MP has paid dividends to shareholders.
Financials
NEWP vs. MP - Financials Comparison
This section allows you to compare key financial metrics between New Pacific Metals Corp and MP Materials Corp.. 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
NEWP and MP 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.
NEWP has higher volatility (21.39%) compared to MP (20.22%). In terms of maximum drawdown, NEWP dropped -86.64% vs MP's -81.99%.
NEWP currently has the higher Sharpe Ratio (2.67 vs -0.44), 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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