SMID vs. AMR
SMID (Smith-Midland Corporation) and AMR (Alpha Metallurgical Resources, Inc.) are both stocks. Both are in the Basic Materials sector — SMID in Building Materials, AMR in Coking Coal. Over the past 5 years, SMID returned 6.53%/yr vs 48.52%/yr for AMR. At a 0.10 correlation, their price movements are largely independent.
Performance
SMID vs. AMR - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with SMID having a -16.95% return and AMR slightly higher at -16.61%.
SMID
- 1D
- 3.89%
- 1M
- 2.48%
- YTD
- -16.95%
- 6M
- -12.75%
- 1Y
- -2.49%
- 3Y*
- 13.59%
- 5Y*
- 6.53%
- 10Y*
- 28.58%
AMR
- 1D
- -4.80%
- 1M
- -4.92%
- YTD
- -16.61%
- 6M
- -20.15%
- 1Y
- 57.22%
- 3Y*
- 0.47%
- 5Y*
- 48.52%
- 10Y*
- —
SMID vs. AMR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMID Smith-Midland Corporation | -16.95% | -18.26% | 12.56% | 92.68% | -56.38% | 397.35% | 57.50% | -18.98% | 9.99% | 17.39% |
AMR Alpha Metallurgical Resources, Inc. | -16.61% | -0.12% | -40.95% | 133.87% | 150.06% | 436.94% | 25.64% | -86.23% | 10.71% | -4.69% |
Correlation
The correlation between SMID and AMR 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 | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Mar 24, 2017 | 0.10 |
Fundamentals
SMID:
$3.54
AMR:
-$3.00
SMID:
1.14
AMR:
1.02
SMID:
$93.45M
AMR:
$2.12B
SMID:
$26.04M
AMR:
$31.72M
SMID:
$19.01M
AMR:
$128.60M
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Return for Risk
SMID vs. AMR — Risk / Return Rank
SMID
AMR
SMID vs. AMR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Smith-Midland Corporation (SMID) and Alpha Metallurgical Resources, Inc. (AMR). 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.
| SMID | AMR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.18 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | 1.65 | -1.71 |
| Martin ratioReturn relative to average drawdown | -0.13 | 3.52 | -3.65 |
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Drawdowns
SMID vs. AMR - Drawdown Comparison
The maximum SMID drawdown since its inception was -72.37%, smaller than the maximum AMR drawdown of -97.35%. Use the drawdown chart below to compare losses from any high point for SMID and AMR.
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Drawdown Indicators
| SMID | AMR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.37% | -97.35% | +24.98% |
Max Drawdown (1Y)Largest decline over 1 year | -39.29% | -34.85% | -4.44% |
Max Drawdown (3Y)Largest decline over 3 years | -48.85% | -77.51% | +28.66% |
Max Drawdown (5Y)Largest decline over 5 years | -72.37% | -77.51% | +5.14% |
Max Drawdown (10Y)Largest decline over 10 years | -72.37% | — | — |
Current DrawdownCurrent decline from peak | -39.68% | -62.31% | +22.63% |
Average DrawdownAverage peak-to-trough decline | -27.56% | -40.41% | +12.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.43% | 16.30% | +3.13% |
Volatility
SMID vs. AMR - Volatility Comparison
Smith-Midland Corporation (SMID) and Alpha Metallurgical Resources, Inc. (AMR) have volatilities of 22.53% and 22.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMID | AMR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.53% | 22.58% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 42.59% | 39.88% | +2.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.64% | 61.85% | -6.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.15% | 59.64% | +5.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.52% | 73.66% | -19.14% |
Dividends
SMID vs. AMR - Dividend Comparison
Neither SMID nor AMR has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AMR Alpha Metallurgical Resources, Inc. | 0.00% | 0.00% | 0.00% | 0.57% | 4.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMID Smith-Midland Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.92% | 0.74% | 0.73% | 0.19% |
Financials
SMID vs. AMR - Financials Comparison
This section allows you to compare key financial metrics between Smith-Midland Corporation and Alpha Metallurgical Resources, 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
SMID vs. AMR - Profitability Comparison
SMID - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Smith-Midland Corporation reported a gross profit of 5.52M and revenue of 23.11M. Therefore, the gross margin over that period was 23.9%.
AMR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alpha Metallurgical Resources, Inc. reported a gross profit of 0.00 and revenue of 524.99M. Therefore, the gross margin over that period was 0.0%.
SMID - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Smith-Midland Corporation reported an operating income of 3.24M and revenue of 23.11M, resulting in an operating margin of 14.0%.
AMR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alpha Metallurgical Resources, Inc. reported an operating income of -1.59M and revenue of 524.99M, resulting in an operating margin of -0.3%.
SMID - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Smith-Midland Corporation reported a net income of 2.13M and revenue of 23.11M, resulting in a net margin of 9.2%.
AMR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alpha Metallurgical Resources, Inc. reported a net income of -11.03M and revenue of 524.99M, resulting in a net margin of -2.1%.
Frequently Asked Questions
SMID and AMR 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.
AMR has higher volatility (22.58%) compared to SMID (22.53%). In terms of maximum drawdown, SMID dropped -72.37% vs AMR's -97.35%.
AMR currently has the higher Sharpe Ratio (0.93 vs -0.04), 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.
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