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NG vs. NGG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NG and NGG is 0.41, 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. NGG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NovaGold Resources Inc. (NG) and National Grid plc (NGG). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NG:

0.02

NGG:

1.56

Sortino Ratio

NG:

0.56

NGG:

0.88

Omega Ratio

NG:

1.07

NGG:

1.14

Calmar Ratio

NG:

0.00

NGG:

0.78

Martin Ratio

NG:

0.01

NGG:

1.76

Ulcer Index

NG:

24.90%

NGG:

9.20%

Daily Std Dev

NG:

70.95%

NGG:

27.87%

Max Drawdown

NG:

-97.85%

NGG:

-54.85%

Current Drawdown

NG:

-81.09%

NGG:

0.00%

Fundamentals

Market Cap

NG:

$1.43B

NGG:

$73.31B

EPS

NG:

-$0.14

NGG:

$2.74

PEG Ratio

NG:

0.00

NGG:

2.23

PS Ratio

NG:

0.00

NGG:

3.99

PB Ratio

NG:

25.84K

NGG:

1.52

Total Revenue (TTM)

NG:

$0.00

NGG:

$7.96B

Gross Profit (TTM)

NG:

-$22.00K

NGG:

$7.96B

EBITDA (TTM)

NG:

-$29.07M

NGG:

$2.42B

Returns By Period

In the year-to-date period, NG achieves a 7.51% return, which is significantly lower than NGG's 25.87% return. Over the past 10 years, NG has underperformed NGG with an annualized return of -1.15%, while NGG has yielded a comparatively higher 7.30% annualized return.


NG

YTD

7.51%

1M

-19.37%

6M

-1.92%

1Y

-0.56%

3Y*

-15.00%

5Y*

-20.91%

10Y*

-1.15%

NGG

YTD

25.87%

1M

3.82%

6M

18.51%

1Y

39.22%

3Y*

6.24%

5Y*

13.86%

10Y*

7.30%

*Annualized

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NovaGold Resources Inc.

National Grid plc

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

Risk-Adjusted Performance

NG vs. NGG — 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 5252
Overall Rank
The Sharpe Ratio Rank of NG is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of NG is 5454
Sortino Ratio Rank
The Omega Ratio Rank of NG is 5353
Omega Ratio Rank
The Calmar Ratio Rank of NG is 5252
Calmar Ratio Rank
The Martin Ratio Rank of NG is 5252
Martin Ratio Rank

NGG
The Risk-Adjusted Performance Rank of NGG is 7575
Overall Rank
The Sharpe Ratio Rank of NGG is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of NGG is 6464
Sortino Ratio Rank
The Omega Ratio Rank of NGG is 6767
Omega Ratio Rank
The Calmar Ratio Rank of NGG is 8080
Calmar Ratio Rank
The Martin Ratio Rank of NGG is 7272
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. NGG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NovaGold Resources Inc. (NG) and National Grid plc (NGG). 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 0.02, which is lower than the NGG Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of NG and NGG, 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. NGG - Dividend Comparison

NG has not paid dividends to shareholders, while NGG's dividend yield for the trailing twelve months is around 9.39%.


TTM20242023202220212020201920182017201620152014
NG
NovaGold Resources Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NGG
National Grid plc
9.39%11.81%5.20%5.13%4.71%5.29%4.90%6.44%24.15%5.07%4.73%7.86%

Drawdowns

NG vs. NGG - Drawdown Comparison

The maximum NG drawdown since its inception was -97.85%, which is greater than NGG's maximum drawdown of -54.85%. Use the drawdown chart below to compare losses from any high point for NG and NGG.


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

Volatility

NG vs. NGG - Volatility Comparison

NovaGold Resources Inc. (NG) has a higher volatility of 16.71% compared to National Grid plc (NGG) at 8.07%. This indicates that NG's price experiences larger fluctuations and is considered to be riskier than NGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

NG vs. NGG - Financials Comparison

This section allows you to compare key financial metrics between NovaGold Resources Inc. and National Grid plc. 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


0.002.00B4.00B6.00B8.00B10.00B12.00B202120222023202420250
7.96B
(NG) Total Revenue
(NGG) Total Revenue
Values in USD except per share items