NOG vs. AGRO
NOG (Northern Oil and Gas, Inc.) and AGRO (Adecoagro S.A.) are both stocks. NOG operates in Oil & Gas E&P (Energy), while AGRO operates in Farm Products (Consumer Defensive). Over the past 10 years, NOG returned -7.03%/yr vs 0.95%/yr for AGRO. At a 0.25 correlation, their price movements are largely independent.
Performance
NOG vs. AGRO - Performance Comparison
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Returns By Period
In the year-to-date period, NOG achieves a -10.36% return, which is significantly lower than AGRO's 31.16% return. Over the past 10 years, NOG has underperformed AGRO with an annualized return of -7.03%, while AGRO has yielded a comparatively higher 0.95% annualized return.
NOG
- 1D
- -1.44%
- 1M
- -7.12%
- 6M
- -12.00%
- YTD
- -10.36%
- 1Y
- -35.02%
- 3Y*
- -14.51%
- 5Y*
- 3.47%
- 10Y*
- -7.03%
AGRO
- 1D
- 3.10%
- 1M
- -11.80%
- 6M
- 24.56%
- YTD
- 31.16%
- 1Y
- 12.50%
- 3Y*
- 5.30%
- 5Y*
- 4.61%
- 10Y*
- 0.95%
NOG vs. AGRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NOG Northern Oil and Gas, Inc. | -10.36% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | -62.56% | 3.54% | 10.24% | -25.45% |
AGRO Adecoagro S.A. | 31.16% | -12.37% | -12.39% | 38.60% | 11.50% | 12.94% | -18.76% | 20.26% | -32.69% | -0.39% |
Correlation
The correlation between NOG and AGRO is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2011 | 0.25 |
The correlation between NOG and AGRO shifts across timeframes, from 0.25 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
NOG:
$2.01B
AGRO:
$5.82B
NOG:
-$6.34
AGRO:
$0.03
NOG:
1.20
AGRO:
3.48
NOG:
1.02
AGRO:
3.01
NOG:
$1.52B
AGRO:
$1.50B
NOG:
$450.66M
AGRO:
$378.81M
NOG:
$73.21M
AGRO:
$466.25M
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Return for Risk
NOG vs. AGRO — Risk / Return Rank
NOG
AGRO
NOG vs. AGRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Oil and Gas, Inc. (NOG) and Adecoagro S.A. (AGRO). 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.
| NOG | AGRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.81 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.10 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | 0.41 | -1.26 |
| Martin ratioReturn relative to average drawdown | -1.62 | 1.04 | -2.65 |
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Drawdowns
NOG vs. AGRO - Drawdown Comparison
The maximum NOG drawdown since its inception was -98.96%, which is greater than AGRO's maximum drawdown of -73.70%. Use the drawdown chart below to compare losses from any high point for NOG and AGRO.
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Drawdown Indicators
| NOG | AGRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.96% | -73.70% | -25.26% |
Max Drawdown (1Y)Largest decline over 1 year | -41.43% | -39.99% | -1.44% |
Max Drawdown (3Y)Largest decline over 3 years | -55.08% | -39.99% | -15.09% |
Max Drawdown (5Y)Largest decline over 5 years | -55.08% | -45.34% | -9.74% |
Max Drawdown (10Y)Largest decline over 10 years | -92.98% | -72.07% | -20.91% |
Current DrawdownCurrent decline from peak | -92.85% | -32.08% | -60.77% |
Average DrawdownAverage peak-to-trough decline | -69.82% | -31.48% | -38.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.78% | 15.75% | +6.03% |
Volatility
NOG vs. AGRO - Volatility Comparison
The current volatility for Northern Oil and Gas, Inc. (NOG) is 14.14%, while Adecoagro S.A. (AGRO) has a volatility of 16.23%. This indicates that NOG experiences smaller price fluctuations and is considered to be less risky than AGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NOG | AGRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.14% | 16.23% | -2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 32.39% | 40.67% | -8.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.38% | 48.55% | -3.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.25% | 42.03% | +7.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.57% | 39.97% | +30.60% |
Dividends
NOG vs. AGRO - Dividend Comparison
NOG's dividend yield for the trailing twelve months is around 9.72%, more than AGRO's 2.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
AGRO Adecoagro S.A. | 2.87% | 4.41% | 3.63% | 2.95% | 3.83% | 0.00% |
NOG Northern Oil and Gas, Inc. | 9.72% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% |
Financials
NOG vs. AGRO - Financials Comparison
This section allows you to compare key financial metrics between Northern Oil and Gas, Inc. and Adecoagro S.A.. 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
NOG and AGRO have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGRO has higher volatility (16.23%) compared to NOG (14.14%). In terms of maximum drawdown, NOG dropped -98.96% vs AGRO's -73.70%.
AGRO currently has the higher Sharpe Ratio (0.34 vs -0.78), 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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