NNE vs. APA
NNE (NANO Nuclear Energy Inc.) and APA (Apache Corporation) are both stocks. NNE operates in Specialty Industrial Machinery (Industrials), while APA operates in Oil & Gas E&P (Energy). Over the past year, NNE returned -32.85% vs 93.83% for APA. At a 0.03 correlation, their price movements are largely independent.
Performance
NNE vs. APA - Performance Comparison
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Returns By Period
In the year-to-date period, NNE achieves a -0.46% return, which is significantly lower than APA's 42.18% return.
NNE
- 1D
- -6.79%
- 1M
- -10.59%
- YTD
- -0.46%
- 6M
- -24.72%
- 1Y
- -32.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
APA
- 1D
- 0.06%
- 1M
- -11.80%
- YTD
- 42.18%
- 6M
- 42.76%
- 1Y
- 93.83%
- 3Y*
- 5.58%
- 5Y*
- 12.21%
- 10Y*
- -2.18%
NNE vs. APA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NNE NANO Nuclear Energy Inc. | -0.46% | -3.55% | 591.53% |
APA Apache Corporation | 42.18% | 11.54% | -22.32% |
Correlation
The correlation between NNE and APA is -0.08, 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 | -0.08 |
Correlation (All Time) Calculated using the full available price history since May 8, 2024 | 0.03 |
The correlation between NNE and APA shifts across timeframes, from -0.08 (1 year) to 0.03 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NNE:
$1.23B
APA:
$12.11B
NNE:
-$202.05
APA:
$4.28
NNE:
0.00
APA:
1.88
NNE:
$0.00
APA:
$8.61B
NNE:
-$769.48K
APA:
$4.64B
NNE:
$14.05B
APA:
$5.63B
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Return for Risk
NNE vs. APA — Risk / Return Rank
NNE
APA
NNE vs. APA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NANO Nuclear Energy Inc. (NNE) and Apache Corporation (APA). 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.
| NNE | APA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.39 | ||
| Sortino ratioReturn per unit of downside risk | -2.49 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.31 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | 3.76 | -4.26 |
| Martin ratioReturn relative to average drawdown | -0.78 | 11.13 | -11.91 |
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Drawdowns
NNE vs. APA - Drawdown Comparison
The maximum NNE drawdown since its inception was -77.68%, smaller than the maximum APA drawdown of -96.73%. Use the drawdown chart below to compare losses from any high point for NNE and APA.
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Drawdown Indicators
| NNE | APA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.68% | -96.73% | +19.05% |
Max Drawdown (1Y)Largest decline over 1 year | -66.45% | -25.09% | -41.36% |
Max Drawdown (3Y)Largest decline over 3 years | — | -67.45% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -70.47% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -93.49% | — |
Current DrawdownCurrent decline from peak | -57.80% | -67.50% | +9.70% |
Average DrawdownAverage peak-to-trough decline | -36.39% | -40.36% | +3.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.98% | 8.46% | +33.52% |
Volatility
NNE vs. APA - Volatility Comparison
NANO Nuclear Energy Inc. (NNE) has a higher volatility of 34.45% compared to Apache Corporation (APA) at 12.56%. This indicates that NNE's price experiences larger fluctuations and is considered to be riskier than APA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NNE | APA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.45% | 12.56% | +21.89% |
Volatility (6M)Calculated over the trailing 6-month period | 69.59% | 33.67% | +35.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 98.34% | 46.59% | +51.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 151.00% | 48.52% | +102.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 151.00% | 58.42% | +92.58% |
Dividends
NNE vs. APA - Dividend Comparison
NNE has not paid dividends to shareholders, while APA's dividend yield for the trailing twelve months is around 2.92%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APA Apache Corporation | 2.92% | 4.09% | 4.33% | 2.79% | 1.34% | 0.51% | 2.29% | 3.91% | 3.81% | 2.37% | 1.58% | 2.25% |
NNE NANO Nuclear Energy Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NNE vs. APA - Financials Comparison
This section allows you to compare key financial metrics between NANO Nuclear Energy Inc. and Apache Corporation. 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
NNE and APA have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NNE has higher volatility (34.45%) compared to APA (12.56%). In terms of maximum drawdown, NNE dropped -77.68% vs APA's -96.73%.
APA currently has the higher Sharpe Ratio (2.06 vs -0.34), 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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