NMG vs. EAF
NMG (Nouveau Monde Graphite Inc) and EAF (GrafTech International Ltd.) are both stocks. NMG operates in Other Industrial Metals & Mining (Basic Materials), while EAF operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, NMG returned -25.30%/yr vs -44.68%/yr for EAF. At a 0.22 correlation, their price movements are largely independent.
Performance
NMG vs. EAF - Performance Comparison
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Returns By Period
In the year-to-date period, NMG achieves a -35.48% return, which is significantly higher than EAF's -62.02% return.
NMG
- 1D
- 1.91%
- 1M
- 3.90%
- 6M
- -43.66%
- YTD
- -35.48%
- 1Y
- -13.04%
- 3Y*
- -19.08%
- 5Y*
- -25.30%
- 10Y*
- —
EAF
- 1D
- 2.26%
- 1M
- -31.11%
- 6M
- -65.35%
- YTD
- -62.02%
- 1Y
- -41.68%
- 3Y*
- -49.63%
- 5Y*
- -44.68%
- 10Y*
- —
NMG vs. EAF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NMG Nouveau Monde Graphite Inc | -35.48% | 55.97% | -39.08% | -31.68% | -45.35% | -13.64% | 419.85% | -18.91% | -25.09% |
EAF GrafTech International Ltd. | -62.02% | -10.35% | -21.00% | -53.81% | -59.53% | 11.34% | -6.94% | 4.40% | -17.47% |
Correlation
The correlation between NMG and EAF is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Apr 19, 2018 | 0.22 |
The correlation between NMG and EAF shifts across timeframes, from 0.22 (all time) to 0.39 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
NMG:
$257.57M
EAF:
$153.42M
NMG:
-CA$0.61
EAF:
-$0.86
NMG:
CA$0.00
EAF:
$517.40M
NMG:
-CA$8.40M
EAF:
-$14.15M
NMG:
-CA$116.56M
EAF:
-$1.80M
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Return for Risk
NMG vs. EAF — Risk / Return Rank
NMG
EAF
NMG vs. EAF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nouveau Monde Graphite Inc (NMG) and GrafTech International Ltd. (EAF). 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.
| NMG | EAF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.01 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | -0.60 | +0.42 |
| Martin ratioReturn relative to average drawdown | -0.28 | -0.99 | +0.71 |
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Drawdowns
NMG vs. EAF - Drawdown Comparison
The maximum NMG drawdown since its inception was -94.01%, roughly equal to the maximum EAF drawdown of -97.38%. Use the drawdown chart below to compare losses from any high point for NMG and EAF.
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Drawdown Indicators
| NMG | EAF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.01% | -97.38% | +3.37% |
Max Drawdown (1Y)Largest decline over 1 year | -72.98% | -73.61% | +0.63% |
Max Drawdown (3Y)Largest decline over 3 years | -72.98% | -90.11% | +17.13% |
Max Drawdown (5Y)Largest decline over 5 years | -86.71% | -96.03% | +9.32% |
Current DrawdownCurrent decline from peak | -92.27% | -97.05% | +4.78% |
Average DrawdownAverage peak-to-trough decline | -69.02% | -64.70% | -4.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 47.09% | 44.55% | +2.54% |
Volatility
NMG vs. EAF - Volatility Comparison
The current volatility for Nouveau Monde Graphite Inc (NMG) is 15.73%, while GrafTech International Ltd. (EAF) has a volatility of 28.94%. This indicates that NMG experiences smaller price fluctuations and is considered to be less risky than EAF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NMG | EAF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.73% | 28.94% | -13.21% |
Volatility (6M)Calculated over the trailing 6-month period | 55.39% | 87.33% | -31.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 100.45% | 108.22% | -7.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.91% | 84.71% | -8.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 84.03% | 75.90% | +8.13% |
Dividends
NMG vs. EAF - Dividend Comparison
Neither NMG nor EAF has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
EAF GrafTech International Ltd. | 0.00% | 0.00% | 0.00% | 0.91% | 0.84% | 0.34% | 1.08% | 2.93% | 8.17% |
NMG Nouveau Monde Graphite Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NMG vs. EAF - Financials Comparison
This section allows you to compare key financial metrics between Nouveau Monde Graphite Inc and GrafTech International 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
Frequently Asked Questions
NMG and EAF have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EAF has higher volatility (28.94%) compared to NMG (15.73%). In terms of maximum drawdown, NMG dropped -94.01% vs EAF's -97.38%.
NMG currently has the higher Sharpe Ratio (-0.13 vs -0.41), 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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