PERI vs. NEM

Last updated Jun 13, 2026

PERI (Perion Network Ltd.) and NEM (Newmont Corporation) are both stocks. PERI operates in Internet Content & Information (Communication Services), while NEM operates in Gold (Basic Materials). Over the past 10 years, PERI returned 9.82%/yr vs 13.80%/yr for NEM. At a 0.08 correlation, their price movements are largely independent.

Performance

PERI vs. NEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Perion Network Ltd. (PERI) and Newmont Corporation (NEM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PERI achieves a -12.11% return, which is significantly lower than NEM's 0.82% return. Over the past 10 years, PERI has underperformed NEM with an annualized return of 9.82%, while NEM has yielded a comparatively higher 13.80% annualized return.

PERI

• 1D: 1.81%
• 1M: -19.04%
• YTD: -12.11%
• 6M: -15.21%
• 1Y: -10.99%
• 3Y*: -37.43%
• 5Y*: -13.13%
• 10Y*: 9.82%

NEM

• 1D: 2.71%
• 1M: -13.64%
• YTD: 0.82%
• 6M: 2.58%
• 1Y: 74.95%
• 3Y*: 36.14%
• 5Y*: 10.51%
• 10Y*: 13.80%

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

PERI vs. NEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PERI Perion Network Ltd.	-12.11%	13.11%	-72.56%	22.02%	5.20%	88.92%	104.66%	139.23%	-15.86%	-27.46%
NEM Newmont Corporation	0.82%	172.82%	-7.83%	-8.76%	-20.77%	7.40%	40.28%	30.52%	-6.15%	10.91%

Correlation

The correlation between PERI and NEM is 0.06, 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	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jan 31, 2006	0.08

Fundamentals

EPS PERI : -$0.23 NEM : $6.34
PS Ratio PERI : 0.78 NEM : 4.83
Total Revenue (TTM) PERI : $440.96M NEM : $17.23B
Gross Profit (TTM) PERI : $146.71M NEM : $8.97B
EBITDA (TTM) PERI : $4.33M NEM : $13.78B

Return for Risk

PERI vs. NEM — Risk / Return Rank

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

PERI

PERI Risk / Return Rank: 27
PERI Sharpe Ratio Rank: 28
PERI Sortino Ratio Rank: 27
PERI Omega Ratio Rank: 27
PERI Calmar Ratio Rank: 29
PERI Martin Ratio Rank: 27

NEM

NEM Risk / Return Rank: 82
NEM Sharpe Ratio Rank: 86
NEM Sortino Ratio Rank: 78
NEM Omega Ratio Rank: 80
NEM Calmar Ratio Rank: 82
NEM Martin Ratio Rank: 84

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.

PERI vs. NEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Perion Network Ltd. (PERI) and Newmont Corporation (NEM). 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.

	PERI	NEM	Difference
Sharpe ratio: Return per unit of total volatility	-0.35	1.73	-2.07
Sortino ratio: Return per unit of downside risk	-0.24	2.08	-2.31
Omega ratio: Gain probability vs. loss probability	0.97	1.29	-0.32
Calmar ratio: Return relative to maximum drawdown	-0.41	2.78	-3.19
Martin ratio: Return relative to average drawdown	-0.79	7.58	-8.38

PERI vs. NEM - Sharpe Ratio Comparison

The current PERI Sharpe Ratio is -0.35, which is lower than the NEM Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of PERI and NEM, 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

PERI vs. NEM - Drawdown Comparison

The maximum PERI drawdown since its inception was -95.14%, which is greater than NEM's maximum drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for PERI and NEM.

Drawdown Indicators

	PERI	NEM	Difference
Max Drawdown Largest peak-to-trough decline	-95.14%	-81.30%	-13.84%
Max Drawdown (1Y) Largest decline over 1 year	-32.55%	-29.39%	-3.16%
Max Drawdown (3Y) Largest decline over 3 years	-80.65%	-36.57%	-44.08%
Max Drawdown (5Y) Largest decline over 5 years	-83.08%	-62.40%	-20.68%
Max Drawdown (10Y) Largest decline over 10 years	-83.08%	-62.40%	-20.68%
Current Drawdown Current decline from peak	-80.91%	-23.71%	-57.20%
Average Drawdown Average peak-to-trough decline	-56.77%	-41.37%	-15.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.87%	10.73%	+6.14%

Volatility

PERI vs. NEM - Volatility Comparison

Perion Network Ltd. (PERI) has a higher volatility of 19.93% compared to Newmont Corporation (NEM) at 15.74%. This indicates that PERI's price experiences larger fluctuations and is considered to be riskier than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PERI	NEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.93%	15.74%	+4.19%
Volatility (6M) Calculated over the trailing 6-month period	29.16%	37.43%	-8.27%
Volatility (1Y) Calculated over the trailing 1-year period	38.91%	47.44%	-8.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.69%	37.99%	+15.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.80%	35.67%	+23.13%

Dividends

PERI vs. NEM - Dividend Comparison

PERI has not paid dividends to shareholders, while NEM's dividend yield for the trailing twelve months is around 1.02%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NEM Newmont Corporation	1.02%	1.00%	2.69%	3.87%	4.66%	3.55%	1.74%	3.31%	1.62%	0.67%	0.37%	0.56%
PERI Perion Network 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%

Financials

Frequently Asked Questions

Can I hold both PERI and NEM in my portfolio?

PERI and NEM have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PERI or NEM?

PERI has higher volatility (19.93%) compared to NEM (15.74%). In terms of maximum drawdown, PERI dropped -95.14% vs NEM's -81.30%.

Which has better risk-adjusted returns?

NEM currently has the higher Sharpe Ratio (1.73 vs -0.35), 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.