NGT.TO vs. NXE.TO
Compare and contrast key facts about Newmont Corporation (NGT.TO) and NexGen Energy Ltd. (NXE.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NGT.TO or NXE.TO.
Key characteristics
| NGT.TO | NXE.TO | |
|---|---|---|
| YTD Return | 6.75% | 10.79% |
| 1Y Return | 19.29% | 22.26% |
| 3Y Return (Ann) | -5.30% | 12.31% |
| 5Y Return (Ann) | 5.55% | 44.10% |
| Sharpe Ratio | 0.70 | 0.42 |
| Sortino Ratio | 1.14 | 0.91 |
| Omega Ratio | 1.17 | 1.12 |
| Calmar Ratio | 0.41 | 0.53 |
| Martin Ratio | 2.34 | 1.17 |
| Ulcer Index | 10.70% | 17.97% |
| Daily Std Dev | 35.78% | 50.85% |
| Max Drawdown | -60.38% | -81.00% |
| Current Drawdown | -42.64% | -14.42% |
Fundamentals
| NGT.TO | NXE.TO | |
|---|---|---|
| Market Cap | CA$67.03B | CA$5.99B |
| EPS | -CA$3.00 | CA$0.17 |
| PEG Ratio | 1.24 | 0.00 |
| Total Revenue (TTM) | CA$12.38B | CA$0.00 |
| Gross Profit (TTM) | CA$3.88B | -CA$1.58M |
| EBITDA (TTM) | CA$3.91B | -CA$72.42M |
Correlation
The correlation between NGT.TO and NXE.TO is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NGT.TO vs. NXE.TO - Performance Comparison
In the year-to-date period, NGT.TO achieves a 6.75% return, which is significantly lower than NXE.TO's 10.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NGT.TO vs. NXE.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Newmont Corporation (NGT.TO) and NexGen Energy Ltd. (NXE.TO). 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
NGT.TO vs. NXE.TO - Dividend Comparison
NGT.TO's dividend yield for the trailing twelve months is around 1.99%, while NXE.TO has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
NGT.TO Newmont Corporation | 1.99% | 2.92% | 3.45% | 2.80% | 1.37% | 0.74% |
NXE.TO NexGen Energy Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NGT.TO vs. NXE.TO - Drawdown Comparison
The maximum NGT.TO drawdown since its inception was -60.38%, smaller than the maximum NXE.TO drawdown of -81.00%. Use the drawdown chart below to compare losses from any high point for NGT.TO and NXE.TO. For additional features, visit the drawdowns tool.
Volatility
NGT.TO vs. NXE.TO - Volatility Comparison
Newmont Corporation (NGT.TO) has a higher volatility of 17.90% compared to NexGen Energy Ltd. (NXE.TO) at 14.99%. This indicates that NGT.TO's price experiences larger fluctuations and is considered to be riskier than NXE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NGT.TO vs. NXE.TO - Financials Comparison
This section allows you to compare key financial metrics between Newmont Corporation and NexGen Energy Ltd.. 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