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NOG vs. DNN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NOG and DNN is 0.39, 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

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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Key characteristics

Sharpe Ratio

NOG:

-0.62

DNN:

-0.56

Sortino Ratio

NOG:

-0.69

DNN:

-0.53

Omega Ratio

NOG:

0.91

DNN:

0.94

Calmar Ratio

NOG:

-0.33

DNN:

-0.37

Martin Ratio

NOG:

-1.44

DNN:

-1.17

Ulcer Index

NOG:

21.41%

DNN:

28.77%

Daily Std Dev

NOG:

49.25%

DNN:

62.03%

Max Drawdown

NOG:

-98.96%

DNN:

-98.41%

Current Drawdown

NOG:

-90.61%

DNN:

-87.39%

Fundamentals

Market Cap

NOG:

$2.70B

DNN:

$1.54B

EPS

NOG:

$6.42

DNN:

-$0.09

PEG Ratio

NOG:

0.56

DNN:

0.00

PS Ratio

NOG:

1.30

DNN:

336.83

PB Ratio

NOG:

1.12

DNN:

3.79

Total Revenue (TTM)

NOG:

$2.21B

DNN:

$4.57M

Gross Profit (TTM)

NOG:

$856.25M

DNN:

-$11.54M

EBITDA (TTM)

NOG:

$1.79B

DNN:

-$64.44M

Returns By Period

In the year-to-date period, NOG achieves a -27.41% return, which is significantly lower than DNN's -11.67% return. Over the past 10 years, NOG has underperformed DNN with an annualized return of -8.21%, while DNN has yielded a comparatively higher 6.53% annualized return.


NOG

YTD

-27.41%

1M

9.38%

6M

-37.25%

1Y

-30.31%

3Y*

-2.58%

5Y*

31.52%

10Y*

-8.21%

DNN

YTD

-11.67%

1M

12.77%

6M

-32.63%

1Y

-34.30%

3Y*

9.23%

5Y*

30.61%

10Y*

6.53%

*Annualized

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Northern Oil and Gas, Inc.

Denison Mines Corp

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

NOG vs. DNN — Risk-Adjusted Performance Rank

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

NOG
The Risk-Adjusted Performance Rank of NOG is 1717
Overall Rank
The Sharpe Ratio Rank of NOG is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of NOG is 1818
Sortino Ratio Rank
The Omega Ratio Rank of NOG is 1717
Omega Ratio Rank
The Calmar Ratio Rank of NOG is 2929
Calmar Ratio Rank
The Martin Ratio Rank of NOG is 77
Martin Ratio Rank

DNN
The Risk-Adjusted Performance Rank of DNN is 2222
Overall Rank
The Sharpe Ratio Rank of DNN is 1919
Sharpe Ratio Rank
The Sortino Ratio Rank of DNN is 2121
Sortino Ratio Rank
The Omega Ratio Rank of DNN is 2323
Omega Ratio Rank
The Calmar Ratio Rank of DNN is 2626
Calmar Ratio Rank
The Martin Ratio Rank of DNN is 1818
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current NOG Sharpe Ratio is -0.62, which is comparable to the DNN Sharpe Ratio of -0.56. 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

NOG vs. DNN - Dividend Comparison

NOG's dividend yield for the trailing twelve months is around 6.36%, while DNN has not paid dividends to shareholders.


TTM2024202320222021
NOG
Northern Oil and Gas, Inc.
6.36%4.41%4.02%2.86%1.04%
DNN
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.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

NOG vs. DNN - Volatility Comparison

The current volatility for Northern Oil and Gas, Inc. (NOG) is 13.83%, while Denison Mines Corp (DNN) has a volatility of 17.14%. 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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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


0.00100.00M200.00M300.00M400.00M500.00M600.00M20212022202320242025
580.34M
1.38M
(NOG) Total Revenue
(DNN) Total Revenue
Values in USD except per share items