NGEX.TO vs. GEV
NGEX.TO (NGEx Minerals Ltd) and GEV (GE Vernova Inc.) are both stocks. NGEX.TO operates in Other Industrial Metals & Mining (Basic Materials), while GEV operates in Specialty Industrial Machinery (Industrials). Over the past year, NGEX.TO returned 75.53% vs 97.86% for GEV. At a 0.17 correlation, their price movements are largely independent.
Performance
NGEX.TO vs. GEV - Performance Comparison
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Different Trading Currencies
NGEX.TO is traded in CAD, while GEV is traded in USD. To make them comparable, the GEV values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NGEX.TO achieves a 3.95% return, which is significantly lower than GEV's 47.20% return.
NGEX.TO
- 1D
- 6.87%
- 1M
- -10.46%
- YTD
- 3.95%
- 6M
- 6.06%
- 1Y
- 75.53%
- 3Y*
- 58.44%
- 5Y*
- 106.42%
- 10Y*
- —
GEV
- 1D
- 4.03%
- 1M
- -9.60%
- YTD
- 47.20%
- 6M
- 42.38%
- 1Y
- 97.86%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NGEX.TO vs. GEV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NGEX.TO NGEx Minerals Ltd | 3.95% | 90.90% | 56.66% |
GEV GE Vernova Inc. | 47.20% | 89.93% | 202.44% |
Correlation
The correlation between NGEX.TO and GEV is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.17 |
Fundamentals
NGEX.TO:
CA$5.77B
GEV:
$255.86B
NGEX.TO:
-CA$0.63
GEV:
$34.12
NGEX.TO:
9.07
GEV:
18.38
NGEX.TO:
CA$0.00
GEV:
$39.38B
NGEX.TO:
-CA$36.44K
GEV:
$7.85B
NGEX.TO:
-CA$134.74M
GEV:
$3.32B
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Return for Risk
NGEX.TO vs. GEV — Risk / Return Rank
NGEX.TO
GEV
NGEX.TO vs. GEV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NGEx Minerals Ltd (NGEX.TO) and GE Vernova Inc. (GEV). 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.
| NGEX.TO | GEV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.70 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.34 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 4.25 | -1.77 |
| Martin ratioReturn relative to average drawdown | 6.16 | 12.58 | -6.43 |
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Drawdowns
NGEX.TO vs. GEV - Drawdown Comparison
The maximum NGEX.TO drawdown since its inception was -66.75%, which is greater than GEV's maximum drawdown of -39.32%. Use the drawdown chart below to compare losses from any high point for NGEX.TO and GEV.
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Drawdown Indicators
| NGEX.TO | GEV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.75% | -39.32% | -27.43% |
Max Drawdown (1Y)Largest decline over 1 year | -30.62% | -23.14% | -7.48% |
Max Drawdown (3Y)Largest decline over 3 years | -30.62% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -66.75% | — | — |
Current DrawdownCurrent decline from peak | -16.43% | -16.42% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -18.77% | -6.94% | -11.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.31% | 7.81% | +4.50% |
Volatility
NGEX.TO vs. GEV - Volatility Comparison
NGEx Minerals Ltd (NGEX.TO) has a higher volatility of 26.53% compared to GE Vernova Inc. (GEV) at 13.34%. This indicates that NGEX.TO's price experiences larger fluctuations and is considered to be riskier than GEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NGEX.TO | GEV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.53% | 13.34% | +13.19% |
Volatility (6M)Calculated over the trailing 6-month period | 45.97% | 34.68% | +11.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.36% | 49.19% | +9.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.92% | 53.87% | +9.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.85% | 53.87% | +17.98% |
Dividends
NGEX.TO vs. GEV - Dividend Comparison
NGEX.TO has not paid dividends to shareholders, while GEV's dividend yield for the trailing twelve months is around 0.16%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GEV GE Vernova Inc. | 0.16% | 0.11% | 0.08% |
NGEX.TO NGEx Minerals Ltd | 0.00% | 0.00% | 0.00% |
Financials
NGEX.TO vs. GEV - Financials Comparison
This section allows you to compare key financial metrics between NGEx Minerals Ltd and GE Vernova 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
Frequently Asked Questions
NGEX.TO and GEV have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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