NGD vs. GAU
Compare and contrast key facts about New Gold Inc. (NGD) and Galiano Gold Inc. (GAU).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NGD or GAU.
Correlation
The correlation between NGD and GAU is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NGD vs. GAU - Performance Comparison
Key characteristics
NGD:
1.30
GAU:
1.27
NGD:
2.10
GAU:
2.16
NGD:
1.23
GAU:
1.24
NGD:
0.79
GAU:
0.91
NGD:
6.55
GAU:
4.97
NGD:
11.08%
GAU:
17.04%
NGD:
55.87%
GAU:
66.73%
NGD:
-96.73%
GAU:
-96.20%
NGD:
-82.06%
GAU:
-87.33%
Fundamentals
NGD:
$2.13B
GAU:
$328.67M
NGD:
$0.02
GAU:
$0.00
NGD:
133.00
GAU:
0.00
NGD:
$859.81M
GAU:
$166.63M
NGD:
$140.23M
GAU:
$52.51M
NGD:
$257.10M
GAU:
$26.25M
Returns By Period
In the year-to-date period, NGD achieves a 72.60% return, which is significantly higher than GAU's 27.66% return. Over the past 10 years, NGD has underperformed GAU with an annualized return of -5.71%, while GAU has yielded a comparatively higher -2.72% annualized return.
NGD
72.60%
-5.62%
28.57%
65.79%
27.00%
-5.71%
GAU
27.66%
-18.92%
-24.53%
81.82%
6.91%
-2.72%
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Risk-Adjusted Performance
NGD vs. GAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for New Gold Inc. (NGD) and Galiano Gold Inc. (GAU). 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. GAU - Dividend Comparison
Neither NGD nor GAU has paid dividends to shareholders.
Drawdowns
NGD vs. GAU - Drawdown Comparison
The maximum NGD drawdown since its inception was -96.73%, roughly equal to the maximum GAU drawdown of -96.20%. Use the drawdown chart below to compare losses from any high point for NGD and GAU. For additional features, visit the drawdowns tool.
Volatility
NGD vs. GAU - Volatility Comparison
New Gold Inc. (NGD) has a higher volatility of 16.69% compared to Galiano Gold Inc. (GAU) at 15.61%. This indicates that NGD's price experiences larger fluctuations and is considered to be riskier than GAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NGD vs. GAU - Financials Comparison
This section allows you to compare key financial metrics between New Gold Inc. and Galiano Gold Inc.. 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