NGD vs. ASM
NGD (New Gold Inc.) and ASM (Avino Silver & Gold Mines Ltd.) are both stocks. Both are in the Basic Materials sector — NGD in Gold, ASM in Other Precious Metals & Mining. Their 0.38 correlation means their historical movements had little consistent relationship.
Performance
NGD vs. ASM - Performance Comparison
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Returns By Period
NGD
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
ASM
- 1D
- -3.62%
- 1M
- -18.35%
- 6M
- -40.33%
- YTD
- -13.62%
- 1Y
- 66.08%
- 3Y*
- 95.22%
- 5Y*
- 38.05%
- 10Y*
- 7.19%
- ALL TIME*
- 6.53%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $18.80M | $17.78M | $25.63M |
NGD vs. ASM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NGD New Gold Inc. | 4.25% | 251.21% | 69.86% | 48.98% | -34.67% | -31.51% | 148.86% | 16.28% | -77.00% | -6.00% |
ASM Avino Silver & Gold Mines Ltd. | -13.62% | 604.88% | 68.13% | -22.95% | -21.01% | -33.77% | 124.14% | -4.92% | -54.48% | -2.19% |
Correlation
The correlation between NGD and ASM is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.51 |
Correlation (3Y) Balances recent behavior with more history. | 0.55 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.53 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.48 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2005 | 0.38 |
The correlation between NGD and ASM shifts across timeframes, from 0.38 (all time) to 0.55 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
NGD:
$1.61
ASM:
$0.22
NGD:
5.64
ASM:
23.85
NGD:
0.01
ASM:
0.07
NGD:
3.30
ASM:
7.95
NGD:
$1.46B
ASM:
$110.70M
NGD:
$758.26M
ASM:
$59.09M
NGD:
$1.19B
ASM:
$55.20M
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Return for Risk
NGD vs. ASM — Risk / Return Rank
NGD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ASM
NGD vs. ASM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for New Gold Inc. (NGD) and Avino Silver & Gold Mines Ltd. (ASM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NGD | ASM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.19 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.30 | — |
| Martin ratioReturn relative to average drawdown | — | 2.33 | — |
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Drawdowns
NGD vs. ASM - Drawdown Comparison
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Drawdown Indicators
| NGD | ASM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -94.10% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -52.81% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -52.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -60.20% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -90.00% | — |
Current DrawdownCurrent decline from peak | — | -52.27% | — |
Average DrawdownAverage peak-to-trough decline | — | -63.65% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 29.32% | — |
Volatility
NGD vs. ASM - Volatility Comparison
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Volatility by Period
| NGD | ASM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 22.56% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 63.44% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 82.98% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 66.60% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 69.91% | — |
Dividends
NGD vs. ASM - Dividend Comparison
NGD has not paid dividends to shareholders, while ASM's dividend yield for the trailing twelve months is around 0.68%.
| Position | TTM |
|---|---|
ASM Avino Silver & Gold Mines Ltd. | 0.68% |
NGD New Gold Inc. | 0.00% |
Financials
NGD vs. ASM - Financials Comparison
This section allows you to compare key financial metrics between New Gold Inc. and Avino Silver & Gold Mines Ltd.. 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
Frequently Asked Questions
NGD and ASM have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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