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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:

-0.17

BRK-B:

1.19

Sortino Ratio

NG:

0.39

BRK-B:

1.77

Omega Ratio

NG:

1.05

BRK-B:

1.25

Calmar Ratio

NG:

-0.07

BRK-B:

2.81

Martin Ratio

NG:

-0.26

BRK-B:

6.66

Ulcer Index

NG:

25.16%

BRK-B:

3.72%

Daily Std Dev

NG:

70.66%

BRK-B:

19.76%

Max Drawdown

NG:

-97.85%

BRK-B:

-53.86%

Current Drawdown

NG:

-81.09%

BRK-B:

-6.64%

Fundamentals

Market Cap

NG:

$1.43B

BRK-B:

$1.09T

EPS

NG:

-$0.14

BRK-B:

$37.49

PEG Ratio

NG:

0.00

BRK-B:

10.06

PS Ratio

NG:

0.00

BRK-B:

2.93

PB Ratio

NG:

25.84K

BRK-B:

1.66

Total Revenue (TTM)

NG:

$0.00

BRK-B:

$395.26B

Gross Profit (TTM)

NG:

-$17.00K

BRK-B:

$317.24B

EBITDA (TTM)

NG:

-$19.67M

BRK-B:

$115.24B

Returns By Period

In the year-to-date period, NG achieves a 7.51% return, which is significantly lower than BRK-B's 11.18% return. Over the past 10 years, NG has underperformed BRK-B with an annualized return of -1.49%, while BRK-B has yielded a comparatively higher 13.42% annualized return.


NG

YTD

7.51%

1M

-14.35%

6M

-2.19%

1Y

-8.91%

3Y*

-13.80%

5Y*

-17.84%

10Y*

-1.49%

BRK-B

YTD

11.18%

1M

-4.95%

6M

4.34%

1Y

21.61%

3Y*

16.84%

5Y*

22.12%

10Y*

13.42%

*Annualized

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NovaGold Resources Inc.

Berkshire Hathaway Inc.

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

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 4545
Overall Rank
The Sharpe Ratio Rank of NG is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of NG is 4747
Sortino Ratio Rank
The Omega Ratio Rank of NG is 4646
Omega Ratio Rank
The Calmar Ratio Rank of NG is 4646
Calmar Ratio Rank
The Martin Ratio Rank of NG is 4545
Martin Ratio Rank

BRK-B
The Risk-Adjusted Performance Rank of BRK-B is 8787
Overall Rank
The Sharpe Ratio Rank of BRK-B is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of BRK-B is 8181
Sortino Ratio Rank
The Omega Ratio Rank of BRK-B is 8383
Omega Ratio Rank
The Calmar Ratio Rank of BRK-B is 9696
Calmar Ratio Rank
The Martin Ratio Rank of BRK-B is 9090
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 -0.17, which is lower than the BRK-B Sharpe Ratio of 1.19. 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

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.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

NG vs. BRK-B - Volatility Comparison

NovaGold Resources Inc. (NG) has a higher volatility of 13.29% compared to Berkshire Hathaway Inc. (BRK-B) at 6.63%. This indicates that NG's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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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


0.0050.00B100.00B150.00BJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober20250
83.29B
(NG) Total Revenue
(BRK-B) Total Revenue
Values in USD except per share items