RIG vs. NE
Compare and contrast key facts about Transocean Ltd. (RIG) and Noble Corporation (NE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RIG or NE.
Correlation
The correlation between RIG and NE is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RIG vs. NE - Performance Comparison
Key characteristics
RIG:
-0.86
NE:
-0.97
RIG:
-1.21
NE:
-1.41
RIG:
0.87
NE:
0.85
RIG:
-0.42
NE:
-0.77
RIG:
-1.59
NE:
-1.64
RIG:
25.80%
NE:
20.21%
RIG:
47.65%
NE:
34.12%
RIG:
-99.48%
NE:
-43.20%
RIG:
-97.18%
NE:
-43.20%
Fundamentals
RIG:
$3.21B
NE:
$4.85B
RIG:
-$0.76
NE:
$3.40
RIG:
$3.31B
NE:
$2.77B
RIG:
$944.00M
NE:
$776.15M
RIG:
$313.00M
NE:
$923.23M
Returns By Period
In the year-to-date period, RIG achieves a -42.99% return, which is significantly lower than NE's -36.78% return.
RIG
-42.99%
-15.81%
-30.92%
-42.08%
-9.30%
-15.11%
NE
-36.78%
-12.24%
-31.85%
-34.72%
N/A
N/A
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Risk-Adjusted Performance
RIG vs. NE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Transocean Ltd. (RIG) 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.
Dividends
RIG vs. NE - Dividend Comparison
RIG has not paid dividends to shareholders, while NE's dividend yield for the trailing twelve months is around 6.20%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Transocean Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 8.48% | 15.33% | 3.40% |
Noble Corporation | 6.20% | 1.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RIG vs. NE - Drawdown Comparison
The maximum RIG drawdown since its inception was -99.48%, which is greater than NE's maximum drawdown of -43.20%. Use the drawdown chart below to compare losses from any high point for RIG and NE. For additional features, visit the drawdowns tool.
Volatility
RIG vs. NE - Volatility Comparison
Transocean Ltd. (RIG) has a higher volatility of 10.10% compared to Noble Corporation (NE) at 9.30%. This indicates that RIG's price experiences larger fluctuations and is considered to be riskier than NE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
RIG vs. NE - Financials Comparison
This section allows you to compare key financial metrics between Transocean Ltd. 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.
Total Revenue: Total amount of money received from sales and other business activities