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NG vs. BRK-B
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NG and BRK-B is 0.60, 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.


Performance

NG vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NovaGold Resources Inc. (NG) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NG:

0.41

BRK-B:

1.31

Sortino Ratio

NG:

1.08

BRK-B:

1.87

Omega Ratio

NG:

1.13

BRK-B:

1.27

Calmar Ratio

NG:

0.27

BRK-B:

3.01

Martin Ratio

NG:

0.99

BRK-B:

7.59

Ulcer Index

NG:

24.26%

BRK-B:

3.49%

Daily Std Dev

NG:

71.19%

BRK-B:

19.71%

Max Drawdown

NG:

-97.85%

BRK-B:

-53.86%

Current Drawdown

NG:

-80.03%

BRK-B:

-4.83%

Fundamentals

Market Cap

NG:

$1.38B

BRK-B:

$1.11T

EPS

NG:

-$0.14

BRK-B:

$37.54

PEG Ratio

NG:

0.00

BRK-B:

10.06

PS Ratio

NG:

0.00

BRK-B:

2.98

PB Ratio

NG:

25.84K

BRK-B:

1.79

Total Revenue (TTM)

NG:

$0.00

BRK-B:

$401.70B

Gross Profit (TTM)

NG:

-$22.00K

BRK-B:

$317.24B

EBITDA (TTM)

NG:

-$29.07M

BRK-B:

$105.57B

Returns By Period

The year-to-date returns for both stocks are quite close, with NG having a 13.51% return and BRK-B slightly lower at 13.34%. Over the past 10 years, NG has underperformed BRK-B with an annualized return of -0.54%, while BRK-B has yielded a comparatively higher 13.54% annualized return.


NG

YTD

13.51%

1M

50.60%

6M

9.88%

1Y

29.01%

5Y*

-19.95%

10Y*

-0.54%

BRK-B

YTD

13.34%

1M

-1.47%

6M

10.86%

1Y

25.66%

5Y*

23.84%

10Y*

13.54%

*Annualized

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Risk-Adjusted Performance

NG vs. BRK-B — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NG
The Risk-Adjusted Performance Rank of NG is 6666
Overall Rank
The Sharpe Ratio Rank of NG is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of NG is 6868
Sortino Ratio Rank
The Omega Ratio Rank of NG is 6565
Omega Ratio Rank
The Calmar Ratio Rank of NG is 6565
Calmar Ratio Rank
The Martin Ratio Rank of NG is 6464
Martin Ratio Rank

BRK-B
The Risk-Adjusted Performance Rank of BRK-B is 8989
Overall Rank
The Sharpe Ratio Rank of BRK-B is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of BRK-B is 8484
Sortino Ratio Rank
The Omega Ratio Rank of BRK-B is 8585
Omega Ratio Rank
The Calmar Ratio Rank of BRK-B is 9696
Calmar Ratio Rank
The Martin Ratio Rank of BRK-B is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NG vs. BRK-B - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NovaGold Resources Inc. (NG) and Berkshire Hathaway Inc. (BRK-B). 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.


The current NG Sharpe Ratio is 0.41, which is lower than the BRK-B Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of NG and BRK-B, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

NG vs. BRK-B - Dividend Comparison

Neither NG nor BRK-B has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

NG vs. BRK-B - Drawdown Comparison

The maximum NG drawdown since its inception was -97.85%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for NG and BRK-B. For additional features, visit the drawdowns tool.


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Volatility

NG vs. BRK-B - Volatility Comparison


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Financials

NG vs. BRK-B - Financials Comparison

This section allows you to compare key financial metrics between NovaGold Resources Inc. and Berkshire Hathaway Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0050.00B100.00B150.00B202120222023202420250
89.73B
(NG) Total Revenue
(BRK-B) Total Revenue
Values in USD except per share items