NGD vs. ASM
Compare and contrast key facts about New Gold Inc. (NGD) and Avino Silver & Gold Mines Ltd. (ASM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NGD or ASM.
Correlation
The correlation between NGD and ASM is 0.37, 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
NGD vs. ASM - Performance Comparison
Key characteristics
NGD:
1.13
ASM:
1.15
NGD:
1.93
ASM:
2.02
NGD:
1.21
ASM:
1.23
NGD:
0.69
ASM:
0.88
NGD:
5.66
ASM:
5.74
NGD:
11.16%
ASM:
13.60%
NGD:
55.76%
ASM:
67.87%
NGD:
-96.73%
ASM:
-94.10%
NGD:
-82.35%
ASM:
-77.00%
Fundamentals
NGD:
$2.13B
ASM:
$139.19M
NGD:
$0.02
ASM:
$0.02
NGD:
133.00
ASM:
49.53
NGD:
-2.09
ASM:
0.00
NGD:
$859.81M
ASM:
$54.12M
NGD:
$140.23M
ASM:
$14.74M
NGD:
$257.10M
ASM:
$10.43M
Returns By Period
The year-to-date returns for both stocks are quite close, with NGD having a 69.86% return and ASM slightly lower at 69.85%. Over the past 10 years, NGD has underperformed ASM with an annualized return of -5.00%, while ASM has yielded a comparatively higher -2.95% annualized return.
NGD
69.86%
-10.79%
24.00%
67.57%
26.57%
-5.00%
ASM
69.85%
-23.28%
-10.38%
78.00%
11.93%
-2.95%
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Risk-Adjusted Performance
NGD vs. ASM - Risk-Adjusted Performance 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.
Dividends
NGD vs. ASM - Dividend Comparison
Neither NGD nor ASM has paid dividends to shareholders.
Drawdowns
NGD vs. ASM - Drawdown Comparison
The maximum NGD drawdown since its inception was -96.73%, roughly equal to the maximum ASM drawdown of -94.10%. Use the drawdown chart below to compare losses from any high point for NGD and ASM. For additional features, visit the drawdowns tool.
Volatility
NGD vs. ASM - Volatility Comparison
The current volatility for New Gold Inc. (NGD) is 16.10%, while Avino Silver & Gold Mines Ltd. (ASM) has a volatility of 17.48%. This indicates that NGD experiences smaller price fluctuations and is considered to be less risky than ASM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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