NINE vs. IREN
Compare and contrast key facts about Nine Energy Service, Inc. (NINE) and Iris Energy Limited (IREN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NINE or IREN.
Correlation
The correlation between NINE and IREN is 0.14, 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
NINE vs. IREN - Performance Comparison
Key characteristics
NINE:
-0.51
IREN:
0.59
NINE:
-0.39
IREN:
1.67
NINE:
0.96
IREN:
1.18
NINE:
-0.49
IREN:
0.82
NINE:
-0.98
IREN:
2.21
NINE:
48.59%
IREN:
30.80%
NINE:
93.83%
IREN:
114.35%
NINE:
-99.03%
IREN:
-95.73%
NINE:
-96.98%
IREN:
-47.58%
Fundamentals
NINE:
$49.99M
IREN:
$2.79B
NINE:
-$1.20
IREN:
-$0.30
NINE:
$412.68M
IREN:
$282.69M
NINE:
$43.22M
IREN:
$217.85M
NINE:
$43.93M
IREN:
$68.90M
Returns By Period
In the year-to-date period, NINE achieves a 5.36% return, which is significantly lower than IREN's 32.38% return.
NINE
5.36%
-0.00%
-4.84%
-45.37%
-26.37%
N/A
IREN
32.38%
8.42%
49.77%
89.23%
N/A
N/A
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Risk-Adjusted Performance
NINE vs. IREN — Risk-Adjusted Performance Rank
NINE
IREN
NINE vs. IREN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nine Energy Service, Inc. (NINE) and Iris Energy Limited (IREN). 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
NINE vs. IREN - Dividend Comparison
Neither NINE nor IREN has paid dividends to shareholders.
Drawdowns
NINE vs. IREN - Drawdown Comparison
The maximum NINE drawdown since its inception was -99.03%, roughly equal to the maximum IREN drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for NINE and IREN. For additional features, visit the drawdowns tool.
Volatility
NINE vs. IREN - Volatility Comparison
Nine Energy Service, Inc. (NINE) and Iris Energy Limited (IREN) have volatilities of 34.33% and 35.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NINE vs. IREN - Financials Comparison
This section allows you to compare key financial metrics between Nine Energy Service, Inc. and Iris Energy Limited. 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