PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
NFE vs. HACAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NFE and HACAX is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

NFE vs. HACAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in New Fortress Energy Inc. (NFE) and Harbor Capital Appreciation Fund Class I (HACAX). The values are adjusted to include any dividend payments, if applicable.

-60.00%-40.00%-20.00%0.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-45.70%
-0.29%
NFE
HACAX

Key characteristics

Sharpe Ratio

NFE:

-1.03

HACAX:

0.99

Sortino Ratio

NFE:

-1.76

HACAX:

1.34

Omega Ratio

NFE:

0.79

HACAX:

1.20

Calmar Ratio

NFE:

-0.78

HACAX:

1.47

Martin Ratio

NFE:

-1.30

HACAX:

5.26

Ulcer Index

NFE:

50.85%

HACAX:

3.97%

Daily Std Dev

NFE:

64.03%

HACAX:

21.15%

Max Drawdown

NFE:

-85.37%

HACAX:

-68.72%

Current Drawdown

NFE:

-78.13%

HACAX:

-12.77%

Returns By Period

In the year-to-date period, NFE achieves a -67.76% return, which is significantly lower than HACAX's 19.28% return.


NFE

YTD

-67.76%

1M

30.28%

6M

-43.78%

1Y

-67.17%

5Y*

-3.00%

10Y*

N/A

HACAX

YTD

19.28%

1M

-6.73%

6M

-1.50%

1Y

19.29%

5Y*

15.36%

10Y*

11.16%

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

NFE vs. HACAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for New Fortress Energy Inc. (NFE) and Harbor Capital Appreciation Fund Class I (HACAX). 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 NFE, currently valued at -1.03, compared to the broader market-4.00-2.000.002.00-1.030.99
The chart of Sortino ratio for NFE, currently valued at -1.76, compared to the broader market-4.00-2.000.002.004.00-1.761.34
The chart of Omega ratio for NFE, currently valued at 0.79, compared to the broader market0.501.001.502.000.791.20
The chart of Calmar ratio for NFE, currently valued at -0.78, compared to the broader market0.002.004.006.00-0.781.47
The chart of Martin ratio for NFE, currently valued at -1.30, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.305.26
NFE
HACAX

The current NFE Sharpe Ratio is -1.03, which is lower than the HACAX Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of NFE and HACAX, 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 Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-1.03
0.99
NFE
HACAX

Dividends

NFE vs. HACAX - Dividend Comparison

NFE's dividend yield for the trailing twelve months is around 2.51%, while HACAX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
NFE
New Fortress Energy Inc.
2.51%10.46%0.94%1.66%0.37%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
HACAX
Harbor Capital Appreciation Fund Class I
0.00%0.00%0.00%18.64%12.25%8.88%0.24%0.16%0.11%0.08%0.08%0.08%

Drawdowns

NFE vs. HACAX - Drawdown Comparison

The maximum NFE drawdown since its inception was -85.37%, which is greater than HACAX's maximum drawdown of -68.72%. Use the drawdown chart below to compare losses from any high point for NFE and HACAX. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-78.13%
-12.77%
NFE
HACAX

Volatility

NFE vs. HACAX - Volatility Comparison

New Fortress Energy Inc. (NFE) has a higher volatility of 16.45% compared to Harbor Capital Appreciation Fund Class I (HACAX) at 11.08%. This indicates that NFE's price experiences larger fluctuations and is considered to be riskier than HACAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
16.45%
11.08%
NFE
HACAX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab