NUAI vs. CDDRF

Last updated Jun 23, 2026

NUAI (New Era Energy & Digital, Inc) and CDDRF (Headwater Exploration Inc) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past year, NUAI returned 1161.33% vs 70.72% for CDDRF. At a 0.07 correlation, their price movements are largely independent.

Performance

NUAI vs. CDDRF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in New Era Energy & Digital, Inc (NUAI) and Headwater Exploration Inc (CDDRF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NUAI achieves a 127.99% return, which is significantly higher than CDDRF's 26.20% return.

NUAI

• 1D: 6.88%
• 1M: 50.79%
• YTD: 127.99%
• 6M: 56.07%
• 1Y: 1,161.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CDDRF

• 1D: 0.23%
• 1M: -8.32%
• YTD: 26.20%
• 6M: 29.11%
• 1Y: 70.72%
• 3Y*: 29.04%
• 5Y*: 23.87%
• 10Y*: 40.05%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NUAI vs. CDDRF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NUAI New Era Energy & Digital, Inc	127.99%	-51.17%	-50.00%
CDDRF Headwater Exploration Inc	26.20%	56.83%	-3.30%

Correlation

The correlation between NUAI and CDDRF is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (All Time) Calculated using the full available price history since Dec 9, 2024	0.07

Fundamentals

Market Cap NUAI : $371.29M CDDRF : $2.06B
EPS NUAI : -$1.08 CDDRF : CA$0.58
PS Ratio NUAI : 160.01 CDDRF : 5.07
PB Ratio NUAI : 36.77 CDDRF : 3.84
Total Revenue (TTM) NUAI : $1.36M CDDRF : CA$575.44M
Gross Profit (TTM) NUAI : $558.95K CDDRF : CA$291.20M
EBITDA (TTM) NUAI : -$29.45M CDDRF : CA$309.56M

Return for Risk

NUAI vs. CDDRF — Risk / Return Rank

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

NUAI

NUAI Risk / Return Rank: 98
NUAI Sharpe Ratio Rank: 99
NUAI Sortino Ratio Rank: 96
NUAI Omega Ratio Rank: 95
NUAI Calmar Ratio Rank: 99
NUAI Martin Ratio Rank: 98

CDDRF

CDDRF Risk / Return Rank: 88
CDDRF Sharpe Ratio Rank: 89
CDDRF Sortino Ratio Rank: 85
CDDRF Omega Ratio Rank: 83
CDDRF Calmar Ratio Rank: 93
CDDRF Martin Ratio Rank: 92

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.

NUAI vs. CDDRF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for New Era Energy & Digital, Inc (NUAI) and Headwater Exploration Inc (CDDRF). 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.

	NUAI	CDDRF	Difference
Sharpe ratio: Return per unit of total volatility	5.81	2.08	+3.73
Sortino ratio: Return per unit of downside risk	4.42	2.58	+1.84
Omega ratio: Gain probability vs. loss probability	1.53	1.33	+0.20
Calmar ratio: Return relative to maximum drawdown	18.79	5.26	+13.53
Martin ratio: Return relative to average drawdown	35.76	13.94	+21.82

NUAI vs. CDDRF - Sharpe Ratio Comparison

The current NUAI Sharpe Ratio is 5.81, which is higher than the CDDRF Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of NUAI and CDDRF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NUAI vs. CDDRF - Drawdown Comparison

The maximum NUAI drawdown since its inception was -97.26%, which is greater than CDDRF's maximum drawdown of -45.52%. Use the drawdown chart below to compare losses from any high point for NUAI and CDDRF.

Drawdown Indicators

	NUAI	CDDRF	Difference
Max Drawdown Largest peak-to-trough decline	-97.26%	-45.52%	-51.74%
Max Drawdown (1Y) Largest decline over 1 year	-62.50%	-13.52%	-48.98%
Max Drawdown (3Y) Largest decline over 3 years	—	-41.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-41.77%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.86%	—
Current Drawdown Current decline from peak	-44.33%	-13.32%	-31.01%
Average Drawdown Average peak-to-trough decline	-75.38%	-18.54%	-56.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.77%	5.15%	+27.62%

Volatility

NUAI vs. CDDRF - Volatility Comparison

New Era Energy & Digital, Inc (NUAI) has a higher volatility of 39.71% compared to Headwater Exploration Inc (CDDRF) at 12.77%. This indicates that NUAI's price experiences larger fluctuations and is considered to be riskier than CDDRF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NUAI	CDDRF	Difference
Volatility (1M) Calculated over the trailing 1-month period	39.71%	12.77%	+26.94%
Volatility (6M) Calculated over the trailing 6-month period	109.06%	26.17%	+82.89%
Volatility (1Y) Calculated over the trailing 1-year period	202.50%	34.21%	+168.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	196.11%	42.46%	+153.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	196.11%	57.81%	+138.30%

Dividends

NUAI vs. CDDRF - Dividend Comparison

NUAI has not paid dividends to shareholders, while CDDRF's dividend yield for the trailing twelve months is around 2.77%.

Position	TTM	2025	2024	2023	2022
CDDRF Headwater Exploration Inc	2.77%	3.44%	6.34%	6.87%	1.70%
NUAI New Era Energy & Digital, Inc	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both NUAI and CDDRF in my portfolio?

NUAI and CDDRF have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NUAI or CDDRF?

NUAI has higher volatility (39.71%) compared to CDDRF (12.77%). In terms of maximum drawdown, NUAI dropped -97.26% vs CDDRF's -45.52%.

Which has better risk-adjusted returns?

NUAI currently has the higher Sharpe Ratio (5.81 vs 2.08), 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.