PNG.V vs. HBM.TO
PNG.V (Kraken Robotics Inc) and HBM.TO (Hudbay Minerals Inc.) are both stocks. PNG.V operates in Scientific & Technical Instruments (Technology), while HBM.TO operates in Copper (Basic Materials). Over the past 10 years, PNG.V returned 41.42%/yr vs 20.27%/yr for HBM.TO. At a 0.12 correlation, their price movements are largely independent.
Performance
PNG.V vs. HBM.TO - Performance Comparison
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Returns By Period
In the year-to-date period, PNG.V achieves a 10.00% return, which is significantly lower than HBM.TO's 42.62% return. Over the past 10 years, PNG.V has outperformed HBM.TO with an annualized return of 41.42%, while HBM.TO has yielded a comparatively lower 20.27% annualized return.
PNG.V
- 1D
- -1.12%
- 1M
- -0.42%
- YTD
- 10.00%
- 6M
- 14.85%
- 1Y
- 143.60%
- 3Y*
- 142.28%
- 5Y*
- 61.04%
- 10Y*
- 41.42%
HBM.TO
- 1D
- 4.61%
- 1M
- 2.05%
- YTD
- 42.62%
- 6M
- 51.16%
- 1Y
- 197.30%
- 3Y*
- 81.91%
- 5Y*
- 35.09%
- 10Y*
- 20.27%
PNG.V vs. HBM.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PNG.V Kraken Robotics Inc | 10.00% | 132.73% | 323.08% | 14.04% | 52.00% | -34.21% | -5.00% | 62.16% | 111.43% | 34.62% |
HBM.TO Hudbay Minerals Inc. | 42.62% | 134.08% | 60.29% | 6.88% | -25.13% | 3.05% | 66.44% | -16.44% | -41.80% | 45.20% |
Correlation
The correlation between PNG.V and HBM.TO is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2011 | 0.12 |
Over the past year, PNG.V and HBM.TO have become more correlated (0.32) than their long-term average of 0.12, meaning their price movements have been converging.
Fundamentals
PNG.V:
CA$2.16B
HBM.TO:
CA$15.49B
PNG.V:
-CA$0.00
HBM.TO:
$1.65
PNG.V:
19.37
HBM.TO:
4.68
PNG.V:
9.14
HBM.TO:
3.13
PNG.V:
CA$107.79M
HBM.TO:
$2.36B
PNG.V:
CA$62.68M
HBM.TO:
$851.84M
PNG.V:
CA$12.49M
HBM.TO:
$1.50B
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Return for Risk
PNG.V vs. HBM.TO — Risk / Return Rank
PNG.V
HBM.TO
PNG.V vs. HBM.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kraken Robotics Inc (PNG.V) and Hudbay Minerals Inc. (HBM.TO). 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.
| PNG.V | HBM.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.46 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 4.28 | 5.53 | -1.24 |
| Martin ratioReturn relative to average drawdown | 9.47 | 17.84 | -8.37 |
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Drawdowns
PNG.V vs. HBM.TO - Drawdown Comparison
The maximum PNG.V drawdown since its inception was -83.33%, smaller than the maximum HBM.TO drawdown of -92.61%. Use the drawdown chart below to compare losses from any high point for PNG.V and HBM.TO.
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Drawdown Indicators
| PNG.V | HBM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.33% | -92.61% | +9.28% |
Max Drawdown (1Y)Largest decline over 1 year | -33.72% | -35.94% | +2.22% |
Max Drawdown (3Y)Largest decline over 3 years | -33.72% | -38.61% | +4.89% |
Max Drawdown (5Y)Largest decline over 5 years | -56.15% | -62.23% | +6.08% |
Max Drawdown (10Y)Largest decline over 10 years | -71.21% | -84.01% | +12.80% |
Current DrawdownCurrent decline from peak | -31.18% | -11.84% | -19.34% |
Average DrawdownAverage peak-to-trough decline | -38.65% | -60.52% | +21.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.23% | 11.11% | +4.12% |
Volatility
PNG.V vs. HBM.TO - Volatility Comparison
The current volatility for Kraken Robotics Inc (PNG.V) is 24.15%, while Hudbay Minerals Inc. (HBM.TO) has a volatility of 25.77%. This indicates that PNG.V experiences smaller price fluctuations and is considered to be less risky than HBM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PNG.V | HBM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.15% | 25.77% | -1.62% |
Volatility (6M)Calculated over the trailing 6-month period | 50.69% | 46.26% | +4.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.53% | 57.15% | +12.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.60% | 52.16% | +6.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.20% | 55.56% | +13.64% |
Dividends
PNG.V vs. HBM.TO - Dividend Comparison
PNG.V has not paid dividends to shareholders, while HBM.TO's dividend yield for the trailing twelve months is around 0.08%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HBM.TO Hudbay Minerals Inc. | 0.08% | 0.07% | 0.17% | 0.27% | 0.29% | 0.22% | 0.22% | 0.37% | 0.31% | 0.18% | 0.26% | 0.38% |
PNG.V Kraken Robotics Inc | 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
PNG.V vs. HBM.TO - Financials Comparison
This section allows you to compare key financial metrics between Kraken Robotics Inc and Hudbay Minerals Inc.. 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
PNG.V vs. HBM.TO - Profitability Comparison
PNG.V - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported a gross profit of 9.35M and revenue of 21.71M. Therefore, the gross margin over that period was 43.1%.
HBM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported a gross profit of 339.94M and revenue of 743.51M. Therefore, the gross margin over that period was 45.7%.
PNG.V - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported an operating income of -1.19M and revenue of 21.71M, resulting in an operating margin of -5.5%.
HBM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported an operating income of 296.85M and revenue of 743.51M, resulting in an operating margin of 39.9%.
PNG.V - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported a net income of -3.33M and revenue of 21.71M, resulting in a net margin of -15.3%.
HBM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported a net income of 187.28M and revenue of 743.51M, resulting in a net margin of 25.2%.
Frequently Asked Questions
PNG.V and HBM.TO have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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