NGD vs. SBS
NGD (New Gold Inc.) and SBS (Companhia de Saneamento Básico do Estado de São Paulo - SABESP) are both stocks. NGD operates in Gold (Basic Materials), while SBS operates in Utilities - Regulated Water (Utilities). At a 0.20 correlation, their price movements are largely independent.
Performance
NGD vs. SBS - Performance Comparison
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Returns By Period
NGD
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SBS
- 1D
- -0.18%
- 1M
- -6.98%
- YTD
- 15.28%
- 6M
- 14.60%
- 1Y
- 38.40%
- 3Y*
- 40.12%
- 5Y*
- 32.68%
- 10Y*
- 16.43%
NGD vs. SBS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NGD New Gold Inc. | 4.25% | 251.21% | 69.86% | 48.98% | -34.67% | -31.51% | 148.86% | 16.28% | -77.00% | -6.00% |
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP | 15.28% | 80.60% | -4.21% | 46.89% | 48.42% | -13.79% | -40.98% | 91.22% | -20.37% | 23.83% |
Correlation
The correlation between NGD and SBS is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2004 | 0.20 |
Fundamentals
NGD:
$1.61
SBS:
R$2.48
NGD:
5.64
SBS:
11.24
NGD:
0.01
SBS:
0.22
NGD:
3.30
SBS:
2.48
NGD:
$1.46B
SBS:
R$38.70B
NGD:
$758.26M
SBS:
R$13.96B
NGD:
$1.19B
SBS:
R$14.87B
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Return for Risk
NGD vs. SBS — Risk / Return Rank
NGD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SBS
NGD vs. SBS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for New Gold Inc. (NGD) and Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NGD | SBS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.55 | — |
| Martin ratioReturn relative to average drawdown | — | 4.65 | — |
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Drawdowns
NGD vs. SBS - Drawdown Comparison
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Drawdown Indicators
| NGD | SBS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -76.49% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -24.88% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.88% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.35% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.91% | — |
Current DrawdownCurrent decline from peak | — | -22.90% | — |
Average DrawdownAverage peak-to-trough decline | — | -25.70% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 8.28% | — |
Volatility
NGD vs. SBS - Volatility Comparison
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Volatility by Period
| NGD | SBS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.92% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 24.61% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 33.86% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 36.90% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 43.51% | — |
Dividends
NGD vs. SBS - Dividend Comparison
NGD has not paid dividends to shareholders, while SBS's dividend yield for the trailing twelve months is around 2.33%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NGD 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% |
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP | 2.33% | 4.68% | 1.96% | 1.66% | 1.88% | 0.97% | 2.93% | 1.99% | 3.86% | 2.76% | 0.65% | 1.91% |
Financials
NGD vs. SBS - Financials Comparison
This section allows you to compare key financial metrics between New Gold Inc. and Companhia de Saneamento Básico do Estado de São Paulo - SABESP. 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
Frequently Asked Questions
NGD and SBS have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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