NOG vs. DNN
Compare and contrast key facts about Northern Oil and Gas, Inc. (NOG) and Denison Mines Corp. (DNN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOG or DNN.
Correlation
The correlation between NOG and DNN is 0.30, 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
NOG vs. DNN - Performance Comparison
Key characteristics
NOG:
0.89
DNN:
-0.11
NOG:
1.36
DNN:
0.24
NOG:
1.18
DNN:
1.03
NOG:
0.32
DNN:
-0.07
NOG:
3.03
DNN:
-0.36
NOG:
9.56%
DNN:
18.13%
NOG:
32.69%
DNN:
56.28%
NOG:
-98.96%
DNN:
-98.41%
NOG:
-85.37%
DNN:
-85.09%
Fundamentals
NOG:
$4.20B
DNN:
$1.69B
NOG:
$8.48
DNN:
-$0.02
NOG:
0.56
DNN:
0.00
NOG:
$1.61B
DNN:
$2.85M
NOG:
$650.66M
DNN:
-$23.68M
NOG:
$1.24B
DNN:
-$53.97M
Returns By Period
In the year-to-date period, NOG achieves a 13.11% return, which is significantly higher than DNN's 4.44% return. Over the past 10 years, NOG has underperformed DNN with an annualized return of -2.33%, while DNN has yielded a comparatively higher 7.91% annualized return.
NOG
13.11%
15.53%
4.19%
28.98%
20.46%
-2.33%
DNN
4.44%
-3.09%
-3.59%
-4.08%
36.64%
7.91%
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Risk-Adjusted Performance
NOG vs. DNN — Risk-Adjusted Performance Rank
NOG
DNN
NOG vs. DNN - Risk-Adjusted Performance 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.
Dividends
NOG vs. DNN - Dividend Comparison
NOG's dividend yield for the trailing twelve months is around 3.90%, while DNN has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | |
---|---|---|---|---|---|
Northern Oil and Gas, Inc. | 3.90% | 4.41% | 4.02% | 2.86% | 1.04% |
Denison Mines Corp. | 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 -98.41%. Use the drawdown chart below to compare losses from any high point for NOG and DNN. For additional features, visit the drawdowns tool.
Volatility
NOG vs. DNN - Volatility Comparison
The current volatility for Northern Oil and Gas, Inc. (NOG) is 7.77%, while Denison Mines Corp. (DNN) has a volatility of 19.20%. 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.
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.
Total Revenue: Total amount of money received from sales and other business activities