NG vs. RY

In the year-to-date period, NG achieves a 13.51% return, which is significantly higher than RY's 1.56% return. Over the past 10 years, NG has underperformed RY with an annualized return of -0.88%, while RY has yielded a comparatively higher 10.56% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for NovaGold Resources Inc. (NG) and Royal Bank of Canada (RY). 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 RY Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of NG and RY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

NG has not paid dividends to shareholders, while RY's dividend yield for the trailing twelve months is around 3.44%.

The maximum NG drawdown since its inception was -97.85%, which is greater than RY's maximum drawdown of -63.03%. Use the drawdown chart below to compare losses from any high point for NG and RY. For additional features, visit the drawdowns tool.

NovaGold Resources Inc. (NG) has a higher volatility of 40.05% compared to Royal Bank of Canada (RY) at 5.86%. This indicates that NG's price experiences larger fluctuations and is considered to be riskier than RY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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