PLTR vs. NGD

Last updated Jun 13, 2026

PLTR (Palantir Technologies Inc.) and NGD (New Gold Inc.) are both stocks. PLTR operates in Software - Infrastructure (Technology), while NGD operates in Gold (Basic Materials). At a 0.15 correlation, their price movements are largely independent.

Performance

PLTR vs. NGD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Palantir Technologies Inc. (PLTR) and New Gold Inc. (NGD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PLTR

• 1D: -2.36%
• 1M: -4.48%
• YTD: -27.99%
• 6M: -30.28%
• 1Y: -6.85%
• 3Y*: 99.99%
• 5Y*: 39.00%
• 10Y*: —

NGD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTR vs. NGD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PLTR Palantir Technologies Inc.	-27.99%	135.03%	340.48%	167.45%	-64.74%	-22.68%	135.50%
NGD New Gold Inc.	4.25%	251.21%	69.86%	48.98%	-34.67%	-31.51%	27.33%

Correlation

The correlation between PLTR and NGD is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since Sep 30, 2020	0.15

Fundamentals

EPS PLTR : $0.89 NGD : $1.61
PE Ratio PLTR : 144.03 NGD : 5.64
PEG Ratio PLTR : 0.84 NGD : 0.01
PS Ratio PLTR : 62.90 NGD : 3.30
Total Revenue (TTM) PLTR : $5.22B NGD : $1.46B
Gross Profit (TTM) PLTR : $4.39B NGD : $758.26M
EBITDA (TTM) PLTR : $2.01B NGD : $1.19B

Return for Risk

PLTR vs. NGD — Risk / Return Rank

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

PLTR

PLTR Risk / Return Rank: 38
PLTR Sharpe Ratio Rank: 39
PLTR Sortino Ratio Rank: 37
PLTR Omega Ratio Rank: 36
PLTR Calmar Ratio Rank: 39
PLTR Martin Ratio Rank: 39

NGD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

PLTR vs. NGD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and New Gold Inc. (NGD). 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.

	PLTR	NGD	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	—	—
Sortino ratio: Return per unit of downside risk	0.20	—	—
Omega ratio: Gain probability vs. loss probability	1.03	—	—
Calmar ratio: Return relative to maximum drawdown	-0.14	—	—
Martin ratio: Return relative to average drawdown	-0.25	—	—

Drawdowns

Drawdown Indicators

	PLTR	NGD	Difference
Max Drawdown Largest peak-to-trough decline	-84.62%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-38.22%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-40.61%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-79.14%	—	—
Current Drawdown Current decline from peak	-38.22%	—	—
Average Drawdown Average peak-to-trough decline	-40.27%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	21.23%	—	—

Volatility

Volatility by Period

	PLTR	NGD	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.16%	—	—
Volatility (6M) Calculated over the trailing 6-month period	38.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	50.83%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.44%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.75%	—	—

Dividends

PLTR vs. NGD - Dividend Comparison

Neither PLTR nor NGD has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both PLTR and NGD in my portfolio?

PLTR and NGD have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.