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NOG vs. DNN
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

NOG vs. DNN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northern Oil and Gas, Inc. (NOG) and Denison Mines Corp (DNN). The values are adjusted to include any dividend payments, if applicable.

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NOG vs. DNN - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NOG
Northern Oil and Gas, Inc.
38.16%-38.20%4.84%25.54%54.51%136.72%-62.56%3.54%10.24%-25.45%
DNN
Denison Mines Corp
32.71%47.78%1.69%53.91%-16.06%111.75%54.05%-9.48%-15.64%6.86%

Fundamentals

Market Cap

NOG:

$2.90B

DNN:

$3.18B

EPS

NOG:

$0.39

DNN:

-$0.24

PS Ratio

NOG:

1.28

DNN:

646.45

PB Ratio

NOG:

1.37

DNN:

8.65

Total Revenue (TTM)

NOG:

$2.25B

DNN:

$4.92M

Gross Profit (TTM)

NOG:

$579.25M

DNN:

-$23.92M

EBITDA (TTM)

NOG:

$967.71M

DNN:

-$171.24M

Returns By Period

In the year-to-date period, NOG achieves a 38.16% return, which is significantly higher than DNN's 32.71% return. Over the past 10 years, NOG has underperformed DNN with an annualized return of -0.59%, while DNN has yielded a comparatively higher 20.22% annualized return.


NOG

1D
-2.27%
1M
7.51%
YTD
38.16%
6M
22.12%
1Y
3.42%
3Y*
4.10%
5Y*
22.34%
10Y*
-0.59%

DNN

1D
6.97%
1M
-15.55%
YTD
32.71%
6M
28.36%
1Y
171.54%
3Y*
47.95%
5Y*
24.50%
10Y*
20.22%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

NOG vs. DNN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NOG
NOG Risk / Return Rank: 4343
Overall Rank
NOG Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
NOG Sortino Ratio Rank: 4242
Sortino Ratio Rank
NOG Omega Ratio Rank: 4141
Omega Ratio Rank
NOG Calmar Ratio Rank: 4545
Calmar Ratio Rank
NOG Martin Ratio Rank: 4444
Martin Ratio Rank

DNN
DNN Risk / Return Rank: 9393
Overall Rank
DNN Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
DNN Sortino Ratio Rank: 9393
Sortino Ratio Rank
DNN Omega Ratio Rank: 8989
Omega Ratio Rank
DNN Calmar Ratio Rank: 9595
Calmar Ratio Rank
DNN Martin Ratio Rank: 9595
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NOG vs. DNN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Northern Oil and Gas, Inc. (NOG) and Denison Mines Corp (DNN). 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.


NOGDNNDifference

Sharpe ratio

Return per unit of total volatility

0.06

2.72

-2.66

Sortino ratio

Return per unit of downside risk

0.47

3.11

-2.64

Omega ratio

Gain probability vs. loss probability

1.06

1.37

-0.31

Calmar ratio

Return relative to maximum drawdown

0.11

5.61

-5.50

Martin ratio

Return relative to average drawdown

0.18

15.68

-15.50

NOG vs. DNN - Sharpe Ratio Comparison

The current NOG Sharpe Ratio is 0.06, which is lower than the DNN Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of NOG and DNN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


NOGDNNDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.06

2.72

-2.66

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.45

0.38

+0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.01

0.32

-0.32

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.01

-0.07

+0.06

Correlation

The correlation between NOG and DNN is 0.29, 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.


Dividends

NOG vs. DNN - Dividend Comparison

NOG's dividend yield for the trailing twelve months is around 6.16%, while DNN has not paid dividends to shareholders.


TTM20252024202320222021
NOG
Northern Oil and Gas, Inc.
6.16%8.38%4.41%4.02%2.86%0.75%
DNN
Denison Mines Corp
0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

NOG vs. DNN - Drawdown Comparison

The maximum NOG drawdown since its inception was -98.96%, roughly equal to the maximum DNN drawdown of -98.96%. Use the drawdown chart below to compare losses from any high point for NOG and DNN.


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Drawdown Indicators


NOGDNNDifference

Max Drawdown

Largest peak-to-trough decline

-98.96%

-98.96%

0.00%

Max Drawdown (1Y)

Largest decline over 1 year

-34.26%

-29.50%

-4.76%

Max Drawdown (5Y)

Largest decline over 5 years

-51.36%

-55.66%

+4.30%

Max Drawdown (10Y)

Largest decline over 10 years

-94.08%

-75.90%

-18.18%

Current Drawdown

Current decline from peak

-88.99%

-81.69%

-7.30%

Average Drawdown

Average peak-to-trough decline

-69.53%

-85.10%

+15.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

20.33%

10.55%

+9.78%

Volatility

NOG vs. DNN - Volatility Comparison

The current volatility for Northern Oil and Gas, Inc. (NOG) is 8.86%, while Denison Mines Corp (DNN) has a volatility of 20.08%. This indicates that NOG experiences smaller price fluctuations and is considered to be less risky than DNN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NOGDNNDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.86%

20.08%

-11.22%

Volatility (6M)

Calculated over the trailing 6-month period

30.71%

45.53%

-14.82%

Volatility (1Y)

Calculated over the trailing 1-year period

54.02%

63.51%

-9.49%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

49.78%

64.41%

-14.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

70.87%

64.17%

+6.70%

Financials

NOG vs. DNN - Financials Comparison

This section allows you to compare key financial metrics between Northern Oil and Gas, Inc. and Denison Mines Corp. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00100.00M200.00M300.00M400.00M500.00M600.00MAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
610.18M
1.22M
(NOG) Total Revenue
(DNN) Total Revenue
Values in USD except per share items