NGD vs. HMY
Compare and contrast key facts about New Gold Inc. (NGD) and Harmony Gold Mining Company Limited (HMY).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NGD or HMY.
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.
Performance
NGD vs. HMY - Performance Comparison
Key characteristics
NGD:
1.30
HMY:
0.75
NGD:
2.10
HMY:
1.44
NGD:
1.23
HMY:
1.17
NGD:
0.79
HMY:
0.62
NGD:
6.55
HMY:
3.18
NGD:
11.08%
HMY:
12.98%
NGD:
55.87%
HMY:
54.73%
NGD:
-96.73%
HMY:
-97.06%
NGD:
-82.06%
HMY:
-49.15%
Fundamentals
NGD:
$2.13B
HMY:
$5.47B
NGD:
$0.02
HMY:
$0.76
NGD:
133.00
HMY:
11.43
NGD:
-2.09
HMY:
0.00
NGD:
$859.81M
HMY:
$63.26B
NGD:
$140.23M
HMY:
$16.82B
NGD:
$257.10M
HMY:
$7.57B
Returns By Period
In the year-to-date period, NGD achieves a 72.60% return, which is significantly higher than HMY's 36.88% return. Over the past 10 years, NGD has underperformed HMY with an annualized return of -5.71%, while HMY has yielded a comparatively higher 17.70% annualized return.
NGD
72.60%
-5.62%
28.57%
65.79%
27.00%
-5.71%
HMY
36.88%
-10.85%
-4.85%
33.20%
22.91%
17.70%
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. 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.
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 1.57%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
New Gold Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Harmony Gold Mining Company Limited | 1.57% | 0.65% | 1.15% | 2.24% | 0.00% | 0.00% | 0.00% | 3.48% | 1.67% | 0.00% | 0.00% | 2.21% |
Drawdowns
NGD vs. HMY - Drawdown Comparison
The maximum NGD drawdown since its inception was -96.73%, roughly equal to the maximum HMY drawdown of -97.06%. Use the drawdown chart below to compare losses from any high point for NGD and HMY. For additional features, visit the drawdowns tool.
Volatility
NGD vs. HMY - Volatility Comparison
New Gold Inc. (NGD) has a higher volatility of 16.69% compared to Harmony Gold Mining Company Limited (HMY) at 12.90%. This indicates that NGD's price experiences larger fluctuations and is considered to be riskier than HMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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.
Total Revenue: Total amount of money received from sales and other business activities