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NGS vs. KOLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NGS and KOLD is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.1

Performance

NGS vs. KOLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Natural Gas Services Group, Inc. (NGS) and ProShares UltraShort Bloomberg Natural Gas (KOLD). The values are adjusted to include any dividend payments, if applicable.

-50.00%0.00%50.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
87.78%
-71.95%
NGS
KOLD

Key characteristics

Sharpe Ratio

NGS:

1.66

KOLD:

-0.07

Sortino Ratio

NGS:

2.41

KOLD:

0.63

Omega Ratio

NGS:

1.28

KOLD:

1.07

Calmar Ratio

NGS:

1.18

KOLD:

-0.07

Martin Ratio

NGS:

5.99

KOLD:

-0.27

Ulcer Index

NGS:

12.74%

KOLD:

26.78%

Daily Std Dev

NGS:

46.02%

KOLD:

102.10%

Max Drawdown

NGS:

-89.59%

KOLD:

-99.45%

Current Drawdown

NGS:

-37.19%

KOLD:

-94.09%

Returns By Period

In the year-to-date period, NGS achieves a 53.79% return, which is significantly higher than KOLD's 5.88% return. Over the past 10 years, NGS has outperformed KOLD with an annualized return of 1.08%, while KOLD has yielded a comparatively lower -14.21% annualized return.


NGS

YTD

53.79%

1M

-4.55%

6M

30.78%

1Y

69.15%

5Y*

15.74%

10Y*

1.08%

KOLD

YTD

5.88%

1M

-12.81%

6M

19.28%

1Y

3.40%

5Y*

-32.38%

10Y*

-14.21%

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

NGS vs. KOLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Natural Gas Services Group, Inc. (NGS) and ProShares UltraShort Bloomberg Natural Gas (KOLD). 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 NGS, currently valued at 1.66, compared to the broader market-4.00-2.000.002.001.66-0.07
The chart of Sortino ratio for NGS, currently valued at 2.41, compared to the broader market-4.00-2.000.002.004.002.410.63
The chart of Omega ratio for NGS, currently valued at 1.28, compared to the broader market0.501.001.502.001.281.07
The chart of Calmar ratio for NGS, currently valued at 1.27, compared to the broader market0.002.004.006.001.27-0.07
The chart of Martin ratio for NGS, currently valued at 5.99, compared to the broader market-5.000.005.0010.0015.0020.0025.005.99-0.27
NGS
KOLD

The current NGS Sharpe Ratio is 1.66, which is higher than the KOLD Sharpe Ratio of -0.07. The chart below compares the historical Sharpe Ratios of NGS and KOLD, 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 Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.66
-0.07
NGS
KOLD

Dividends

NGS vs. KOLD - Dividend Comparison

Neither NGS nor KOLD has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

NGS vs. KOLD - Drawdown Comparison

The maximum NGS drawdown since its inception was -89.59%, smaller than the maximum KOLD drawdown of -99.45%. Use the drawdown chart below to compare losses from any high point for NGS and KOLD. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-28.96%
-94.09%
NGS
KOLD

Volatility

NGS vs. KOLD - Volatility Comparison

The current volatility for Natural Gas Services Group, Inc. (NGS) is 13.45%, while ProShares UltraShort Bloomberg Natural Gas (KOLD) has a volatility of 31.57%. This indicates that NGS experiences smaller price fluctuations and is considered to be less risky than KOLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
13.45%
31.57%
NGS
KOLD
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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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