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SA vs. INDA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SA and INDA is 0.55, 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

SA vs. INDA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Seabridge Gold Inc. (SA) and iShares MSCI India ETF (INDA). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

SA:

-0.45

INDA:

0.40

Sortino Ratio

SA:

-0.30

INDA:

0.54

Omega Ratio

SA:

0.96

INDA:

1.07

Calmar Ratio

SA:

-0.29

INDA:

0.28

Martin Ratio

SA:

-0.75

INDA:

0.58

Ulcer Index

SA:

28.91%

INDA:

8.91%

Daily Std Dev

SA:

51.50%

INDA:

16.52%

Max Drawdown

SA:

-90.99%

INDA:

-45.06%

Current Drawdown

SA:

-69.76%

INDA:

-7.58%

Returns By Period

In the year-to-date period, SA achieves a 2.63% return, which is significantly lower than INDA's 3.19% return. Over the past 10 years, SA has underperformed INDA with an annualized return of 6.55%, while INDA has yielded a comparatively higher 7.34% annualized return.


SA

YTD

2.63%

1M

-6.17%

6M

-23.16%

1Y

-23.21%

5Y*

-4.00%

10Y*

6.55%

INDA

YTD

3.19%

1M

7.01%

6M

0.32%

1Y

6.51%

5Y*

17.25%

10Y*

7.34%

*Annualized

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Risk-Adjusted Performance

SA vs. INDA — Risk-Adjusted Performance Rank

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

SA
The Risk-Adjusted Performance Rank of SA is 2828
Overall Rank
The Sharpe Ratio Rank of SA is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of SA is 2727
Sortino Ratio Rank
The Omega Ratio Rank of SA is 2727
Omega Ratio Rank
The Calmar Ratio Rank of SA is 2929
Calmar Ratio Rank
The Martin Ratio Rank of SA is 3131
Martin Ratio Rank

INDA
The Risk-Adjusted Performance Rank of INDA is 4444
Overall Rank
The Sharpe Ratio Rank of INDA is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of INDA is 4343
Sortino Ratio Rank
The Omega Ratio Rank of INDA is 4343
Omega Ratio Rank
The Calmar Ratio Rank of INDA is 4848
Calmar Ratio Rank
The Martin Ratio Rank of INDA is 3333
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SA vs. INDA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Seabridge Gold Inc. (SA) and iShares MSCI India ETF (INDA). 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.


The current SA Sharpe Ratio is -0.45, which is lower than the INDA Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of SA and INDA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

SA vs. INDA - Dividend Comparison

SA has not paid dividends to shareholders, while INDA's dividend yield for the trailing twelve months is around 0.73%.


TTM20242023202220212020201920182017201620152014
SA
Seabridge Gold 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%
INDA
iShares MSCI India ETF
0.73%0.76%0.16%0.00%6.44%0.27%1.00%0.94%1.09%0.91%1.19%0.63%

Drawdowns

SA vs. INDA - Drawdown Comparison

The maximum SA drawdown since its inception was -90.99%, which is greater than INDA's maximum drawdown of -45.06%. Use the drawdown chart below to compare losses from any high point for SA and INDA. For additional features, visit the drawdowns tool.


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Volatility

SA vs. INDA - Volatility Comparison

Seabridge Gold Inc. (SA) has a higher volatility of 17.14% compared to iShares MSCI India ETF (INDA) at 6.49%. This indicates that SA's price experiences larger fluctuations and is considered to be riskier than INDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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