NICE vs. OR
NICE (NICE Ltd.) and OR (Osisko Gold Royalties Ltd) are both stocks. NICE operates in Software - Application (Technology), while OR operates in Gold (Basic Materials). Over the past 10 years, NICE returned 4.49%/yr vs 9.90%/yr for OR. At a 0.05 correlation, their price movements are largely independent.
Performance
NICE vs. OR - Performance Comparison
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Returns By Period
In the year-to-date period, NICE achieves a -11.77% return, which is significantly higher than OR's -16.97% return. Over the past 10 years, NICE has underperformed OR with an annualized return of 4.49%, while OR has yielded a comparatively higher 9.90% annualized return.
NICE
- 1D
- 1.92%
- 1M
- 13.24%
- 6M
- -14.80%
- YTD
- -11.77%
- 1Y
- -35.59%
- 3Y*
- -21.22%
- 5Y*
- -17.19%
- 10Y*
- 4.49%
OR
- 1D
- -1.58%
- 1M
- -10.39%
- 6M
- -23.87%
- YTD
- -16.97%
- 1Y
- 5.75%
- 3Y*
- 28.20%
- 5Y*
- 18.38%
- 10Y*
- 9.90%
NICE vs. OR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NICE NICE Ltd. | -11.77% | -33.44% | -14.87% | 3.75% | -36.66% | 7.07% | 82.75% | 43.38% | 17.73% | 33.92% |
OR Osisko Gold Royalties Ltd | -16.97% | 96.95% | 28.14% | 19.96% | 0.02% | -2.01% | 32.58% | 12.20% | -22.72% | 20.74% |
Correlation
The correlation between NICE and OR is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.05 |
The correlation between NICE and OR shifts across timeframes, from -0.06 (1 year) to 0.07 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NICE:
$5.84B
OR:
$5.49B
NICE:
$8.52
OR:
$1.34
NICE:
11.70
OR:
21.81
NICE:
0.35
OR:
0.12
NICE:
2.06
OR:
17.03
NICE:
1.64
OR:
3.74
NICE:
$3.01B
OR:
$325.18M
NICE:
$1.98B
OR:
$275.03M
NICE:
$841.27M
OR:
$330.83M
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Return for Risk
NICE vs. OR — Risk / Return Rank
NICE
OR
NICE vs. OR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NICE Ltd. (NICE) and Osisko Gold Royalties Ltd (OR). 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.
| NICE | OR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.47 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.08 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 0.26 | -1.02 |
| Martin ratioReturn relative to average drawdown | -1.20 | 0.60 | -1.80 |
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Drawdowns
NICE vs. OR - Drawdown Comparison
The maximum NICE drawdown since its inception was -93.23%, which is greater than OR's maximum drawdown of -61.90%. Use the drawdown chart below to compare losses from any high point for NICE and OR.
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Drawdown Indicators
| NICE | OR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.23% | -61.90% | -31.33% |
Max Drawdown (1Y)Largest decline over 1 year | -51.19% | -38.54% | -12.65% |
Max Drawdown (3Y)Largest decline over 3 years | -68.21% | -38.54% | -29.67% |
Max Drawdown (5Y)Largest decline over 5 years | -73.60% | -38.54% | -35.06% |
Max Drawdown (10Y)Largest decline over 10 years | -73.60% | -61.90% | -11.70% |
Current DrawdownCurrent decline from peak | -68.34% | -38.43% | -29.91% |
Average DrawdownAverage peak-to-trough decline | -35.27% | -18.16% | -17.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.47% | 16.70% | +15.77% |
Volatility
NICE vs. OR - Volatility Comparison
The current volatility for NICE Ltd. (NICE) is 10.16%, while Osisko Gold Royalties Ltd (OR) has a volatility of 13.74%. This indicates that NICE experiences smaller price fluctuations and is considered to be less risky than OR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NICE | OR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.16% | 13.74% | -3.58% |
Volatility (6M)Calculated over the trailing 6-month period | 42.52% | 38.47% | +4.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.48% | 45.74% | +5.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.92% | 36.04% | +3.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.27% | 38.60% | -5.33% |
Dividends
NICE vs. OR - Dividend Comparison
NICE has not paid dividends to shareholders, while OR's dividend yield for the trailing twelve months is around 0.79%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NICE NICE Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.14% | 0.76% | 0.91% |
OR Osisko Gold Royalties Ltd | 0.79% | 0.59% | 1.02% | 1.34% | 1.38% | 1.37% | 1.18% | 1.56% | 1.72% | 1.56% | 1.65% | 0.00% |
Financials
NICE vs. OR - Financials Comparison
This section allows you to compare key financial metrics between NICE Ltd. and Osisko Gold Royalties 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
NICE vs. OR - Profitability Comparison
NICE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, NICE Ltd. reported a gross profit of 493.46M and revenue of 766.53M. Therefore, the gross margin over that period was 64.4%.
OR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Osisko Gold Royalties Ltd reported a gross profit of 87.28M and revenue of 101.41M. Therefore, the gross margin over that period was 86.1%.
NICE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, NICE Ltd. reported an operating income of 126.41M and revenue of 766.53M, resulting in an operating margin of 16.5%.
OR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Osisko Gold Royalties Ltd reported an operating income of 79.13M and revenue of 101.41M, resulting in an operating margin of 78.0%.
NICE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, NICE Ltd. reported a net income of 46.69M and revenue of 766.53M, resulting in a net margin of 6.1%.
OR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Osisko Gold Royalties Ltd reported a net income of 72.56M and revenue of 101.41M, resulting in a net margin of 71.6%.
Frequently Asked Questions
NICE and OR have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OR has higher volatility (13.74%) compared to NICE (10.16%). In terms of maximum drawdown, NICE dropped -93.23% vs OR's -61.90%.
OR currently has the higher Sharpe Ratio (0.22 vs -0.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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