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:
2.01
ASM:
2.15
NGD:
2.61
ASM:
2.83
NGD:
1.32
ASM:
1.32
NGD:
1.27
ASM:
2.03
NGD:
10.77
ASM:
9.54
NGD:
10.37%
ASM:
17.47%
NGD:
55.49%
ASM:
77.59%
NGD:
-96.73%
ASM:
-94.10%
NGD:
-74.09%
ASM:
-48.06%
Fundamentals
NGD:
$2.89B
ASM:
$283.67M
NGD:
$0.14
ASM:
$0.06
NGD:
26.00
ASM:
33.50
NGD:
-2.09
ASM:
0.00
NGD:
3.12
ASM:
4.29
NGD:
2.74
ASM:
2.26
NGD:
$725.86M
ASM:
$53.79M
NGD:
$204.19M
ASM:
$20.86M
NGD:
$322.16M
ASM:
$16.66M
Returns By Period
In the year-to-date period, NGD achieves a 46.77% return, which is significantly lower than ASM's 128.15% return. Over the past 10 years, NGD has underperformed ASM with an annualized return of 0.69%, while ASM has yielded a comparatively higher 4.07% annualized return.
NGD
46.77%
7.69%
20.13%
108.00%
39.60%
0.69%
ASM
128.15%
13.56%
47.79%
172.32%
37.53%
4.07%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
NGD vs. ASM — Risk-Adjusted Performance Rank
NGD
ASM
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 22.23%, while Avino Silver & Gold Mines Ltd. (ASM) has a volatility of 29.21%. 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