SSRM.TO vs. ^TNX
Compare and contrast key facts about SSR Mining Inc. (SSRM.TO) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSRM.TO or ^TNX.
Correlation
The correlation between SSRM.TO and ^TNX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
SSRM.TO vs. ^TNX - Performance Comparison
Key characteristics
SSRM.TO:
2.54
^TNX:
0.23
SSRM.TO:
2.99
^TNX:
0.48
SSRM.TO:
1.39
^TNX:
1.05
SSRM.TO:
1.58
^TNX:
0.09
SSRM.TO:
14.37
^TNX:
0.46
SSRM.TO:
9.62%
^TNX:
10.44%
SSRM.TO:
54.45%
^TNX:
21.08%
SSRM.TO:
-90.04%
^TNX:
-93.78%
SSRM.TO:
-65.55%
^TNX:
-43.91%
Returns By Period
In the year-to-date period, SSRM.TO achieves a 48.11% return, which is significantly higher than ^TNX's -1.60% return. Over the past 10 years, SSRM.TO has outperformed ^TNX with an annualized return of 9.30%, while ^TNX has yielded a comparatively lower 8.16% annualized return.
SSRM.TO
48.11%
32.53%
105.67%
144.57%
-9.00%
9.30%
^TNX
-1.60%
-1.62%
16.52%
4.05%
25.15%
8.16%
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Risk-Adjusted Performance
SSRM.TO vs. ^TNX — Risk-Adjusted Performance Rank
SSRM.TO
^TNX
SSRM.TO vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SSR Mining Inc. (SSRM.TO) and Treasury Yield 10 Years (^TNX). 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.
Drawdowns
SSRM.TO vs. ^TNX - Drawdown Comparison
The maximum SSRM.TO drawdown since its inception was -90.04%, roughly equal to the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for SSRM.TO and ^TNX. For additional features, visit the drawdowns tool.
Volatility
SSRM.TO vs. ^TNX - Volatility Comparison
SSR Mining Inc. (SSRM.TO) has a higher volatility of 17.70% compared to Treasury Yield 10 Years (^TNX) at 5.68%. This indicates that SSRM.TO's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.