SSRM vs. TCEHY
SSRM (SSR Mining Inc.) and TCEHY (Tencent Holdings Limited) are both stocks. SSRM operates in Gold (Basic Materials), while TCEHY operates in Internet Content & Information (Communication Services). Over the past 10 years, SSRM returned 10.37%/yr vs 11.04%/yr for TCEHY. At a 0.16 correlation, their price movements are largely independent.
Performance
SSRM vs. TCEHY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SSRM achieves a 40.15% return, which is significantly higher than TCEHY's -26.90% return. Over the past 10 years, SSRM has underperformed TCEHY with an annualized return of 10.37%, while TCEHY has yielded a comparatively higher 11.04% annualized return.
SSRM
- 1D
- -0.74%
- 1M
- 3.36%
- YTD
- 40.15%
- 6M
- 31.85%
- 1Y
- 141.13%
- 3Y*
- 30.85%
- 5Y*
- 15.23%
- 10Y*
- 10.37%
TCEHY
- 1D
- -1.41%
- 1M
- -1.36%
- YTD
- -26.90%
- 6M
- -29.11%
- 1Y
- -12.57%
- 3Y*
- 10.29%
- 5Y*
- -3.63%
- 10Y*
- 11.04%
SSRM vs. TCEHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSRM SSR Mining Inc. | 40.15% | 214.94% | -35.32% | -29.94% | -10.02% | -10.90% | 4.41% | 59.31% | 37.54% | -1.46% |
TCEHY Tencent Holdings Limited | -26.90% | 45.23% | 41.92% | -5.48% | -24.97% | -18.69% | 50.09% | 21.93% | -23.83% | 115.30% |
Correlation
The correlation between SSRM and TCEHY is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2008 | 0.16 |
Fundamentals
SSRM:
$6.69B
TCEHY:
$507.36B
SSRM:
$3.27
TCEHY:
CN¥25.30
SSRM:
9.41
TCEHY:
14.80
SSRM:
0.15
TCEHY:
1.85
SSRM:
3.51
TCEHY:
4.53
SSRM:
1.51
TCEHY:
3.06
SSRM:
$1.90B
TCEHY:
CN¥763.32B
SSRM:
$643.76M
TCEHY:
CN¥422.60B
SSRM:
$835.27M
TCEHY:
CN¥324.78B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SSRM vs. TCEHY — Risk / Return Rank
SSRM
TCEHY
SSRM vs. TCEHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SSR Mining Inc. (SSRM) and Tencent Holdings Limited (TCEHY). 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.
| SSRM | TCEHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.51 | ||
| Sortino ratioReturn per unit of downside risk | +3.02 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.95 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 4.54 | -0.34 | +4.88 |
| Martin ratioReturn relative to average drawdown | 11.57 | -0.70 | +12.27 |
Loading charts...
Drawdowns
SSRM vs. TCEHY - Drawdown Comparison
The maximum SSRM drawdown since its inception was -91.68%, which is greater than TCEHY's maximum drawdown of -73.17%. Use the drawdown chart below to compare losses from any high point for SSRM and TCEHY.
Loading charts...
Drawdown Indicators
| SSRM | TCEHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.68% | -73.17% | -18.51% |
Max Drawdown (1Y)Largest decline over 1 year | -31.28% | -36.75% | +5.47% |
Max Drawdown (3Y)Largest decline over 3 years | -73.41% | -36.75% | -36.66% |
Max Drawdown (5Y)Largest decline over 5 years | -83.16% | -65.91% | -17.25% |
Max Drawdown (10Y)Largest decline over 10 years | -83.16% | -73.17% | -9.99% |
Current DrawdownCurrent decline from peak | -29.43% | -36.98% | +7.55% |
Average DrawdownAverage peak-to-trough decline | -57.13% | -19.74% | -37.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.24% | 18.08% | -5.84% |
Volatility
SSRM vs. TCEHY - Volatility Comparison
SSR Mining Inc. (SSRM) has a higher volatility of 20.70% compared to Tencent Holdings Limited (TCEHY) at 12.01%. This indicates that SSRM's price experiences larger fluctuations and is considered to be riskier than TCEHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SSRM | TCEHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.70% | 12.01% | +8.69% |
Volatility (6M)Calculated over the trailing 6-month period | 55.20% | 25.00% | +30.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.66% | 31.18% | +36.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.12% | 43.26% | +12.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.11% | 38.85% | +14.26% |
Dividends
SSRM vs. TCEHY - Dividend Comparison
SSRM has not paid dividends to shareholders, while TCEHY's dividend yield for the trailing twelve months is around 1.22%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSRM SSR Mining Inc. | 0.00% | 0.00% | 0.00% | 2.60% | 1.79% | 1.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TCEHY Tencent Holdings Limited | 1.22% | 0.76% | 0.82% | 6.67% | 4.15% | 0.35% | 0.19% | 0.23% | 0.26% | 0.29% | 0.51% | 0.21% |
Financials
SSRM vs. TCEHY - Financials Comparison
This section allows you to compare key financial metrics between SSR Mining Inc. and Tencent Holdings Limited. 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
SSRM vs. TCEHY - Profitability Comparison
SSRM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SSR Mining Inc. reported a gross profit of 0.00 and revenue of 581.78M. Therefore, the gross margin over that period was 0.0%.
TCEHY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tencent Holdings Limited reported a gross profit of 106.58B and revenue of 195.27B. Therefore, the gross margin over that period was 54.6%.
SSRM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SSR Mining Inc. reported an operating income of 300.38M and revenue of 581.78M, resulting in an operating margin of 51.6%.
TCEHY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tencent Holdings Limited reported an operating income of 65.72B and revenue of 195.27B, resulting in an operating margin of 33.7%.
SSRM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SSR Mining Inc. reported a net income of 369.74M and revenue of 581.78M, resulting in a net margin of 63.6%.
TCEHY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tencent Holdings Limited reported a net income of 57.74B and revenue of 195.27B, resulting in a net margin of 29.6%.
Frequently Asked Questions
SSRM and TCEHY have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SSRM has higher volatility (20.70%) compared to TCEHY (12.01%). In terms of maximum drawdown, SSRM dropped -91.68% vs TCEHY's -73.17%.
SSRM currently has the higher Sharpe Ratio (2.10 vs -0.41), 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.
Find the right allocation for SSRM and TCEHY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer