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NGD vs. HMY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NGD and HMY is 0.55, 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.


-0.50.00.51.0
Correlation: 0.5

Performance

NGD vs. HMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in New Gold Inc. (NGD) and Harmony Gold Mining Company Limited (HMY). The values are adjusted to include any dividend payments, if applicable.

-50.00%0.00%50.00%100.00%NovemberDecember2025FebruaryMarchApril
-37.78%
76.87%
NGD
HMY

Key characteristics

Sharpe Ratio

NGD:

2.01

HMY:

1.73

Sortino Ratio

NGD:

2.61

HMY:

2.33

Omega Ratio

NGD:

1.32

HMY:

1.30

Calmar Ratio

NGD:

1.27

HMY:

1.97

Martin Ratio

NGD:

10.77

HMY:

6.55

Ulcer Index

NGD:

10.37%

HMY:

15.10%

Daily Std Dev

NGD:

55.49%

HMY:

57.00%

Max Drawdown

NGD:

-96.73%

HMY:

-97.05%

Current Drawdown

NGD:

-74.09%

HMY:

-2.45%

Fundamentals

Market Cap

NGD:

$2.89B

HMY:

$11.12B

EPS

NGD:

$0.14

HMY:

$0.88

PE Ratio

NGD:

26.00

HMY:

19.94

PEG Ratio

NGD:

-2.09

HMY:

0.00

PS Ratio

NGD:

3.12

HMY:

0.17

PB Ratio

NGD:

2.74

HMY:

4.54

Total Revenue (TTM)

NGD:

$725.86M

HMY:

$37.96B

Gross Profit (TTM)

NGD:

$204.19M

HMY:

$14.87B

EBITDA (TTM)

NGD:

$322.16M

HMY:

$12.93B

Returns By Period

In the year-to-date period, NGD achieves a 46.77% return, which is significantly lower than HMY's 113.76% return. Over the past 10 years, NGD has underperformed HMY with an annualized return of 0.69%, while HMY has yielded a comparatively higher 25.23% annualized return.


NGD

YTD

46.77%

1M

7.69%

6M

20.13%

1Y

108.00%

5Y*

39.60%

10Y*

0.69%

HMY

YTD

113.76%

1M

38.95%

6M

48.98%

1Y

93.44%

5Y*

46.29%

10Y*

25.23%

*Annualized

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Risk-Adjusted Performance

NGD vs. HMY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NGD
The Risk-Adjusted Performance Rank of NGD is 9292
Overall Rank
The Sharpe Ratio Rank of NGD is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of NGD is 9393
Sortino Ratio Rank
The Omega Ratio Rank of NGD is 9090
Omega Ratio Rank
The Calmar Ratio Rank of NGD is 8888
Calmar Ratio Rank
The Martin Ratio Rank of NGD is 9696
Martin Ratio Rank

HMY
The Risk-Adjusted Performance Rank of HMY is 9191
Overall Rank
The Sharpe Ratio Rank of HMY is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of HMY is 9090
Sortino Ratio Rank
The Omega Ratio Rank of HMY is 8888
Omega Ratio Rank
The Calmar Ratio Rank of HMY is 9494
Calmar Ratio Rank
The Martin Ratio Rank of HMY is 9191
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NGD vs. HMY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for New Gold Inc. (NGD) and Harmony Gold Mining Company Limited (HMY). 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.


Sharpe ratio
The chart of Sharpe ratio for NGD, currently valued at 2.01, compared to the broader market-2.00-1.000.001.002.003.00
NGD: 2.01
HMY: 1.73
The chart of Sortino ratio for NGD, currently valued at 2.61, compared to the broader market-6.00-4.00-2.000.002.004.00
NGD: 2.61
HMY: 2.33
The chart of Omega ratio for NGD, currently valued at 1.32, compared to the broader market0.501.001.502.00
NGD: 1.32
HMY: 1.30
The chart of Calmar ratio for NGD, currently valued at 1.27, compared to the broader market0.001.002.003.004.00
NGD: 1.27
HMY: 1.97
The chart of Martin ratio for NGD, currently valued at 10.77, compared to the broader market-5.000.005.0010.0015.0020.00
NGD: 10.77
HMY: 6.55

The current NGD Sharpe Ratio is 2.01, which is comparable to the HMY Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of NGD and HMY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
2.01
1.73
NGD
HMY

Dividends

NGD vs. HMY - Dividend Comparison

NGD has not paid dividends to shareholders, while HMY's dividend yield for the trailing twelve months is around 0.30%.


TTM202420232022202120202019201820172016
NGD
New Gold Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
HMY
Harmony Gold Mining Company Limited
0.30%1.58%0.65%1.15%2.24%0.00%0.00%0.00%3.48%1.67%

Drawdowns

NGD vs. HMY - Drawdown Comparison

The maximum NGD drawdown since its inception was -96.73%, roughly equal to the maximum HMY drawdown of -97.05%. Use the drawdown chart below to compare losses from any high point for NGD and HMY. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2025FebruaryMarchApril
-74.09%
-2.45%
NGD
HMY

Volatility

NGD vs. HMY - Volatility Comparison

The current volatility for New Gold Inc. (NGD) is 22.23%, while Harmony Gold Mining Company Limited (HMY) has a volatility of 23.60%. This indicates that NGD experiences smaller price fluctuations and is considered to be less risky than HMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
22.23%
23.60%
NGD
HMY

Financials

NGD vs. HMY - Financials Comparison

This section allows you to compare key financial metrics between New Gold Inc. and Harmony Gold Mining Company Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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