PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
NXE vs. BHP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NXE and BHP is 0.37, 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.


-0.50.00.51.00.4

Performance

NXE vs. BHP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NexGen Energy Ltd. (NXE) and BHP Group (BHP). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
3.26%
-10.75%
NXE
BHP

Key characteristics

Sharpe Ratio

NXE:

0.09

BHP:

-0.85

Sortino Ratio

NXE:

0.51

BHP:

-1.11

Omega Ratio

NXE:

1.07

BHP:

0.87

Calmar Ratio

NXE:

0.12

BHP:

-0.85

Martin Ratio

NXE:

0.26

BHP:

-1.40

Ulcer Index

NXE:

18.82%

BHP:

15.31%

Daily Std Dev

NXE:

53.72%

BHP:

25.33%

Max Drawdown

NXE:

-82.98%

BHP:

-75.95%

Current Drawdown

NXE:

-21.62%

BHP:

-24.71%

Fundamentals

Market Cap

NXE:

$4.18B

BHP:

$130.09B

EPS

NXE:

$0.21

BHP:

$3.11

PE Ratio

NXE:

35.14

BHP:

16.40

PEG Ratio

NXE:

0.00

BHP:

0.00

Total Revenue (TTM)

NXE:

$0.00

BHP:

$55.53B

Gross Profit (TTM)

NXE:

-$1.58M

BHP:

$19.00B

EBITDA (TTM)

NXE:

-$50.78M

BHP:

$22.03B

Returns By Period

In the year-to-date period, NXE achieves a -0.57% return, which is significantly higher than BHP's -24.07% return.


NXE

YTD

-0.57%

1M

-16.45%

6M

0.87%

1Y

1.02%

5Y*

41.74%

10Y*

N/A

BHP

YTD

-24.07%

1M

-5.87%

6M

-10.58%

1Y

-23.48%

5Y*

6.19%

10Y*

8.06%

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

NXE vs. BHP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NexGen Energy Ltd. (NXE) and BHP Group (BHP). 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.


Sharpe ratio
The chart of Sharpe ratio for NXE, currently valued at 0.09, compared to the broader market-4.00-2.000.002.000.09-0.85
The chart of Sortino ratio for NXE, currently valued at 0.51, compared to the broader market-4.00-2.000.002.004.000.51-1.11
The chart of Omega ratio for NXE, currently valued at 1.07, compared to the broader market0.501.001.502.001.070.87
The chart of Calmar ratio for NXE, currently valued at 0.12, compared to the broader market0.002.004.006.000.12-0.85
The chart of Martin ratio for NXE, currently valued at 0.26, compared to the broader market-5.000.005.0010.0015.0020.0025.000.26-1.40
NXE
BHP

The current NXE Sharpe Ratio is 0.09, which is higher than the BHP Sharpe Ratio of -0.85. The chart below compares the historical Sharpe Ratios of NXE and BHP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.09
-0.85
NXE
BHP

Dividends

NXE vs. BHP - Dividend Comparison

NXE has not paid dividends to shareholders, while BHP's dividend yield for the trailing twelve months is around 5.93%.


TTM20232022202120202019201820172016201520142013
NXE
NexGen Energy Ltd.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BHP
BHP Group
5.93%4.98%10.27%9.98%3.67%8.59%4.89%3.61%1.68%9.32%5.11%3.40%

Drawdowns

NXE vs. BHP - Drawdown Comparison

The maximum NXE drawdown since its inception was -82.98%, which is greater than BHP's maximum drawdown of -75.95%. Use the drawdown chart below to compare losses from any high point for NXE and BHP. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-21.62%
-24.71%
NXE
BHP

Volatility

NXE vs. BHP - Volatility Comparison

NexGen Energy Ltd. (NXE) has a higher volatility of 12.07% compared to BHP Group (BHP) at 7.46%. This indicates that NXE's price experiences larger fluctuations and is considered to be riskier than BHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
12.07%
7.46%
NXE
BHP

Financials

NXE vs. BHP - Financials Comparison

This section allows you to compare key financial metrics between NexGen Energy Ltd. and BHP Group. 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


Values in USD except per share items
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab