Correlation
The correlation between NOG and TSLA is 0.38, 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.
NOG vs. TSLA
Compare and contrast key facts about Northern Oil and Gas, Inc. (NOG) and Tesla, Inc. (TSLA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOG or TSLA.
Performance
NOG vs. TSLA - Performance Comparison
Loading data...
Key characteristics
NOG:
-0.62
TSLA:
1.31
NOG:
-0.69
TSLA:
2.10
NOG:
0.91
TSLA:
1.25
NOG:
-0.33
TSLA:
1.64
NOG:
-1.44
TSLA:
3.87
NOG:
21.41%
TSLA:
24.80%
NOG:
49.25%
TSLA:
72.42%
NOG:
-98.96%
TSLA:
-73.63%
NOG:
-90.61%
TSLA:
-27.80%
Fundamentals
NOG:
$2.70B
TSLA:
$1.15T
NOG:
$6.42
TSLA:
$1.76
NOG:
4.23
TSLA:
203.65
NOG:
0.56
TSLA:
5.72
NOG:
1.30
TSLA:
12.06
NOG:
1.12
TSLA:
15.46
NOG:
$2.21B
TSLA:
$95.72B
NOG:
$856.25M
TSLA:
$16.91B
NOG:
$1.79B
TSLA:
$13.96B
Returns By Period
In the year-to-date period, NOG achieves a -27.41% return, which is significantly lower than TSLA's -14.21% return. Over the past 10 years, NOG has underperformed TSLA with an annualized return of -8.21%, while TSLA has yielded a comparatively higher 35.54% annualized return.
NOG
-27.41%
9.38%
-37.25%
-30.31%
-2.58%
31.52%
-8.21%
TSLA
-14.21%
22.79%
0.38%
93.78%
11.08%
44.15%
35.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
NOG vs. TSLA — Risk-Adjusted Performance Rank
NOG
TSLA
NOG vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Oil and Gas, Inc. (NOG) and Tesla, Inc. (TSLA). 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.
Loading data...
Dividends
NOG vs. TSLA - Dividend Comparison
NOG's dividend yield for the trailing twelve months is around 6.36%, while TSLA has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | |
---|---|---|---|---|---|
NOG Northern Oil and Gas, Inc. | 6.36% | 4.41% | 4.02% | 2.86% | 1.04% |
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NOG vs. TSLA - Drawdown Comparison
The maximum NOG drawdown since its inception was -98.96%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for NOG and TSLA.
Loading data...
Volatility
NOG vs. TSLA - Volatility Comparison
Northern Oil and Gas, Inc. (NOG) and Tesla, Inc. (TSLA) have volatilities of 13.83% and 14.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...
Financials
NOG vs. TSLA - Financials Comparison
This section allows you to compare key financial metrics between Northern Oil and Gas, Inc. and Tesla, Inc.. 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
NOG vs. TSLA - Profitability Comparison
NOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Northern Oil and Gas, Inc. reported a gross profit of 224.54M and revenue of 580.34M. Therefore, the gross margin over that period was 38.7%.
TSLA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Tesla, Inc. reported a gross profit of 3.15B and revenue of 19.34B. Therefore, the gross margin over that period was 16.3%.
NOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Northern Oil and Gas, Inc. reported an operating income of 229.28M and revenue of 580.34M, resulting in an operating margin of 39.5%.
TSLA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Tesla, Inc. reported an operating income of 399.00M and revenue of 19.34B, resulting in an operating margin of 2.1%.
NOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Northern Oil and Gas, Inc. reported a net income of 138.98M and revenue of 580.34M, resulting in a net margin of 24.0%.
TSLA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Tesla, Inc. reported a net income of 409.00M and revenue of 19.34B, resulting in a net margin of 2.1%.