Correlation
The correlation between PBT and DMLP is 0.27, 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.
PBT vs. DMLP
Compare and contrast key facts about Permian Basin Royalty Trust (PBT) and Dorchester Minerals, L.P. (DMLP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PBT or DMLP.
Performance
PBT vs. DMLP - Performance Comparison
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Key characteristics
PBT:
-0.16
DMLP:
-0.45
PBT:
-0.05
DMLP:
-0.53
PBT:
0.99
DMLP:
0.94
PBT:
-0.13
DMLP:
-0.52
PBT:
-0.51
DMLP:
-1.24
PBT:
17.14%
DMLP:
8.83%
PBT:
39.07%
DMLP:
23.12%
PBT:
-83.08%
DMLP:
-72.35%
PBT:
-55.81%
DMLP:
-20.95%
Fundamentals
PBT:
$527.61M
DMLP:
$1.30B
PBT:
$0.48
DMLP:
$2.05
PBT:
23.13
DMLP:
13.06
PBT:
0.00
DMLP:
0.00
PBT:
21.86
DMLP:
8.38
PBT:
3.16K
DMLP:
3.70
PBT:
$24.14M
DMLP:
$173.71M
PBT:
$21.07M
DMLP:
$114.94M
PBT:
$19.92M
DMLP:
$127.59M
Returns By Period
In the year-to-date period, PBT achieves a 1.08% return, which is significantly higher than DMLP's -17.75% return. Over the past 10 years, PBT has underperformed DMLP with an annualized return of 8.84%, while DMLP has yielded a comparatively higher 11.67% annualized return.
PBT
1.08%
10.52%
-17.00%
-5.52%
-10.12%
30.33%
8.84%
DMLP
-17.75%
-4.63%
-20.10%
-12.29%
5.89%
30.87%
11.67%
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Risk-Adjusted Performance
PBT vs. DMLP — Risk-Adjusted Performance Rank
PBT
DMLP
PBT vs. DMLP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Permian Basin Royalty Trust (PBT) and Dorchester Minerals, L.P. (DMLP). 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.
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Dividends
PBT vs. DMLP - Dividend Comparison
PBT's dividend yield for the trailing twelve months is around 3.72%, less than DMLP's 11.82% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBT Permian Basin Royalty Trust | 3.72% | 4.92% | 4.30% | 4.56% | 2.28% | 7.10% | 10.80% | 11.20% | 7.09% | 5.38% | 6.81% | 10.72% |
DMLP Dorchester Minerals, L.P. | 11.82% | 10.47% | 10.67% | 11.68% | 7.75% | 12.75% | 10.32% | 11.86% | 7.61% | 4.88% | 11.67% | 7.46% |
Drawdowns
PBT vs. DMLP - Drawdown Comparison
The maximum PBT drawdown since its inception was -83.08%, which is greater than DMLP's maximum drawdown of -72.35%. Use the drawdown chart below to compare losses from any high point for PBT and DMLP.
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Volatility
PBT vs. DMLP - Volatility Comparison
Permian Basin Royalty Trust (PBT) has a higher volatility of 9.16% compared to Dorchester Minerals, L.P. (DMLP) at 7.34%. This indicates that PBT's price experiences larger fluctuations and is considered to be riskier than DMLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
PBT vs. DMLP - Financials Comparison
This section allows you to compare key financial metrics between Permian Basin Royalty Trust and Dorchester Minerals, L.P.. 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