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OIS vs. NE
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

OIS vs. NE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oil States International, Inc. (OIS) and Noble Corporation (NE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, OIS achieves a 16.69% return, which is significantly lower than NE's 51.82% return.


OIS

1D
0.00%
1M
-10.73%
YTD
16.69%
6M
14.49%
1Y
50.48%
3Y*
4.41%
5Y*
-1.68%
10Y*
-13.06%

NE

1D
-0.94%
1M
-18.45%
YTD
51.82%
6M
51.82%
1Y
58.17%
3Y*
10.38%
5Y*
14.47%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

OIS vs. NE - Yearly Performance Comparison


2026 (YTD)20252024202320222021
OIS
Oil States International, Inc.
16.69%33.79%-25.48%-8.98%50.10%-33.20%
NE
Noble Corporation
51.82%-3.21%-31.57%29.54%52.00%1.27%

Correlation

The correlation between OIS and NE is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.58

Correlation (3Y)
Calculated over the trailing 3-year period

0.60

Correlation (5Y)
Calculated over the trailing 5-year period

0.61

Correlation (All Time)
Calculated using the full available price history since Jun 9, 2021

0.60

The correlation between OIS and NE has been stable across timeframes, ranging from 0.58 to 0.61 - a consistent structural relationship.

Fundamentals

Market Cap

OIS:

$461.67M

NE:

$6.75B

EPS

OIS:

-$1.82

NE:

$1.43

PS Ratio

OIS:

0.90

NE:

2.10

PB Ratio

OIS:

0.81

NE:

1.47

Total Revenue (TTM)

OIS:

$509.05M

NE:

$3.20B

Gross Profit (TTM)

OIS:

-$47.25M

NE:

$716.15M

EBITDA (TTM)

OIS:

$41.12M

NE:

$1.11B

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Return for Risk

OIS vs. NE — Risk / Return Rank

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

OIS
OIS Risk / Return Rank: 6868
Overall Rank
OIS Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
OIS Sortino Ratio Rank: 6868
Sortino Ratio Rank
OIS Omega Ratio Rank: 6969
Omega Ratio Rank
OIS Calmar Ratio Rank: 6565
Calmar Ratio Rank
OIS Martin Ratio Rank: 6767
Martin Ratio Rank

NE
NE Risk / Return Rank: 7979
Overall Rank
NE Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
NE Sortino Ratio Rank: 7878
Sortino Ratio Rank
NE Omega Ratio Rank: 7474
Omega Ratio Rank
NE Calmar Ratio Rank: 8181
Calmar Ratio Rank
NE Martin Ratio Rank: 8282
Martin Ratio Rank
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.

OIS vs. NE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oil States International, Inc. (OIS) and Noble Corporation (NE). 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.


OISNEDifference
Sharpe ratioReturn per unit of total volatility

-0.51

Sortino ratioReturn per unit of downside risk

-0.52

Omega ratioGain probability vs. loss probability

1.21

1.24

-0.03

Calmar ratioReturn relative to maximum drawdown

1.12

2.60

-1.47

Martin ratioReturn relative to average drawdown

2.85

7.00

-4.15

OIS vs. NE - Sharpe Ratio Comparison

The current OIS Sharpe Ratio is 0.91, which is lower than the NE Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of OIS and NE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

OIS vs. NE - Drawdown Comparison

The maximum OIS drawdown since its inception was -97.45%, which is greater than NE's maximum drawdown of -63.16%. Use the drawdown chart below to compare losses from any high point for OIS and NE.


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Drawdown Indicators


OISNEDifference

Max Drawdown

Largest peak-to-trough decline

-97.45%

-63.16%

-34.29%

Max Drawdown (1Y)

Largest decline over 1 year

-45.10%

-22.51%

-22.59%

Max Drawdown (3Y)

Largest decline over 3 years

-63.73%

-63.16%

-0.57%

Max Drawdown (5Y)

Largest decline over 5 years

-68.72%

-63.16%

-5.56%

Max Drawdown (10Y)

Largest decline over 10 years

-95.95%

Current Drawdown

Current decline from peak

-87.91%

-22.01%

-65.90%

Average Drawdown

Average peak-to-trough decline

-45.44%

-19.49%

-25.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

17.77%

8.36%

+9.41%

Volatility

OIS vs. NE - Volatility Comparison

Oil States International, Inc. (OIS) and Noble Corporation (NE) have volatilities of 11.02% and 10.93%, 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.


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Volatility by Period


OISNEDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.02%

10.93%

+0.09%

Volatility (6M)

Calculated over the trailing 6-month period

42.47%

28.56%

+13.91%

Volatility (1Y)

Calculated over the trailing 1-year period

56.26%

41.41%

+14.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

59.98%

43.51%

+16.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

64.13%

43.39%

+20.74%

Dividends

OIS vs. NE - Dividend Comparison

OIS has not paid dividends to shareholders, while NE's dividend yield for the trailing twelve months is around 4.77%.


PositionTTM202520242023
NE
Noble Corporation
4.77%7.08%5.73%1.45%
OIS
Oil States International, Inc.
0.00%0.00%0.00%0.00%

Financials

OIS vs. NE - Financials Comparison

This section allows you to compare key financial metrics between Oil States International, Inc. and Noble Corporation. 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


0.00200.00M400.00M600.00M800.00M1.00B202220232024202520260
785.69M
(OIS) Total Revenue
(NE) Total Revenue
Values in USD except per share items

Frequently Asked Questions


OIS and NE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

OIS has higher volatility (11.02%) compared to NE (10.93%). In terms of maximum drawdown, OIS dropped -97.45% vs NE's -63.16%.

NE currently has the higher Sharpe Ratio (1.41 vs 0.91), 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.

Portfolio Optimizer

Find the right allocation for OIS and NE

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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