NOG vs. TRMD
NOG (Northern Oil and Gas, Inc.) and TRMD (TORM plc) are both stocks. Both are in the Energy sector — NOG in Oil & Gas E&P, TRMD in Oil & Gas Midstream. Over the past 5 years, NOG returned 9.05%/yr vs 45.54%/yr for TRMD. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
NOG vs. TRMD - Performance Comparison
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Returns By Period
In the year-to-date period, NOG achieves a 2.37% return, which is significantly lower than TRMD's 62.58% return.
NOG
- 1D
- 1.49%
- 1M
- 20.44%
- 6M
- -12.08%
- YTD
- 2.37%
- 1Y
- -18.99%
- 3Y*
- -13.95%
- 5Y*
- 9.05%
- 10Y*
- -2.51%
- ALL TIME*
- -2.08%
TRMD
- 1D
- 0.23%
- 1M
- 15.47%
- 6M
- 30.79%
- YTD
- 62.58%
- 1Y
- 81.24%
- 3Y*
- 23.55%
- 5Y*
- 45.54%
- 10Y*
- —
- ALL TIME*
- 29.15%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $54.84M | $61.54M | $65.18M | |
TRMD TORM plc | $12.60M | $14.18M | $25.44M |
NOG vs. TRMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NOG Northern Oil and Gas, Inc. | 2.37% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | -62.56% | 3.54% | 7.62% |
TRMD TORM plc | 62.58% | 11.21% | -23.37% | 31.64% | 297.66% | 12.91% | -25.94% | 84.18% | -22.59% |
Correlation
The correlation between NOG and TRMD is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (3Y) Balances recent behavior with more history. | 0.28 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.31 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2018 | 0.23 |
Fundamentals
NOG:
$2.30B
TRMD:
$3.10B
NOG:
-$6.34
TRMD:
$3.40
NOG:
1.37
TRMD:
2.18
NOG:
1.17
TRMD:
1.38
NOG:
$1.52B
TRMD:
$1.41B
NOG:
$450.66M
TRMD:
$575.03M
NOG:
$73.21M
TRMD:
$639.99M
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Return for Risk
NOG vs. TRMD — Risk / Return Rank
NOG
TRMD
NOG vs. TRMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Oil and Gas, Inc. (NOG) and TORM plc (TRMD). 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 | TRMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.59 | ||
| Sortino ratioReturn per unit of downside risk | -3.10 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.33 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | 3.47 | -3.93 |
| Martin ratioReturn relative to average drawdown | -1.03 | 8.61 | -9.63 |
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Drawdowns
NOG vs. TRMD - Drawdown Comparison
The maximum NOG drawdown since its inception was -98.96%, which is greater than TRMD's maximum drawdown of -60.59%. Use the drawdown chart below to compare losses from any high point for NOG and TRMD.
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Drawdown Indicators
| NOG | TRMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.96% | -60.59% | -38.37% |
Max Drawdown (1Y)Largest decline over 1 year | -41.43% | -23.53% | -17.90% |
Max Drawdown (3Y)Largest decline over 3 years | -55.08% | -60.59% | +5.51% |
Max Drawdown (5Y)Largest decline over 5 years | -55.08% | -60.59% | +5.51% |
Max Drawdown (10Y)Largest decline over 10 years | -92.15% | — | — |
Current DrawdownCurrent decline from peak | -91.84% | -11.05% | -80.79% |
Average DrawdownAverage peak-to-trough decline | -69.89% | -22.43% | -47.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.41% | 9.47% | +9.94% |
Volatility
NOG vs. TRMD - Volatility Comparison
Northern Oil and Gas, Inc. (NOG) has a higher volatility of 16.52% compared to TORM plc (TRMD) at 10.69%. This indicates that NOG's price experiences larger fluctuations and is considered to be riskier than TRMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NOG | TRMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.52% | 10.69% | +5.83% |
Volatility (6M)Calculated over the trailing 6-month period | 33.58% | 28.46% | +5.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.31% | 37.65% | +8.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.16% | 46.24% | +2.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.52% | 59.53% | +10.99% |
Dividends
NOG vs. TRMD - Dividend Comparison
NOG's dividend yield for the trailing twelve months is around 8.51%, more than TRMD's 7.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
NOG Northern Oil and Gas, Inc. | 8.51% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% | 0.00% |
TRMD TORM plc | 7.98% | 10.32% | 30.13% | 23.05% | 6.99% | 0.00% | 14.89% |
Financials
NOG vs. TRMD - Financials Comparison
This section allows you to compare key financial metrics between Northern Oil and Gas, Inc. and TORM plc. 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 TRMD have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOG has higher volatility (16.52%) compared to TRMD (10.69%). In terms of maximum drawdown, NOG dropped -98.96% vs TRMD's -60.59%.
TRMD currently has the higher Sharpe Ratio (2.18 vs -0.41), 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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