NG vs. SCCO
Compare and contrast key facts about NovaGold Resources Inc. (NG) and Southern Copper Corporation (SCCO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NG or SCCO.
Correlation
The correlation between NG and SCCO 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.
Performance
NG vs. SCCO - Performance Comparison
Key characteristics
NG:
-0.08
SCCO:
0.43
NG:
0.30
SCCO:
0.89
NG:
1.04
SCCO:
1.10
NG:
-0.05
SCCO:
0.61
NG:
-0.20
SCCO:
1.20
NG:
21.43%
SCCO:
13.44%
NG:
57.44%
SCCO:
37.40%
NG:
-97.85%
SCCO:
-78.57%
NG:
-82.52%
SCCO:
-26.34%
Fundamentals
NG:
$1.11B
SCCO:
$76.46B
NG:
-$0.14
SCCO:
$3.83
NG:
0.00
SCCO:
1.20
NG:
$0.00
SCCO:
$10.94B
NG:
-$16.94K
SCCO:
$5.25B
NG:
-$22.78M
SCCO:
$6.01B
Returns By Period
In the year-to-date period, NG achieves a -11.50% return, which is significantly lower than SCCO's 11.74% return. Over the past 10 years, NG has underperformed SCCO with an annualized return of 0.59%, while SCCO has yielded a comparatively higher 16.95% annualized return.
NG
-11.50%
-5.70%
2.16%
-8.82%
-14.93%
0.59%
SCCO
11.74%
-8.71%
-11.85%
13.20%
22.72%
16.95%
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Risk-Adjusted Performance
NG vs. SCCO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NovaGold Resources Inc. (NG) and Southern Copper Corporation (SCCO). 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.
Dividends
NG vs. SCCO - Dividend Comparison
NG has not paid dividends to shareholders, while SCCO's dividend yield for the trailing twelve months is around 2.25%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SCCO Southern Copper Corporation | 2.25% | 4.67% | 5.82% | 5.19% | 2.31% | 4.83% | 4.57% | 1.25% | 0.56% | 1.31% | 1.64% | 2.38% |
Drawdowns
NG vs. SCCO - Drawdown Comparison
The maximum NG drawdown since its inception was -97.85%, which is greater than SCCO's maximum drawdown of -78.57%. Use the drawdown chart below to compare losses from any high point for NG and SCCO. For additional features, visit the drawdowns tool.
Volatility
NG vs. SCCO - Volatility Comparison
NovaGold Resources Inc. (NG) has a higher volatility of 16.46% compared to Southern Copper Corporation (SCCO) at 10.03%. This indicates that NG's price experiences larger fluctuations and is considered to be riskier than SCCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NG vs. SCCO - Financials Comparison
This section allows you to compare key financial metrics between NovaGold Resources Inc. and Southern Copper Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities