Correlation
The correlation between SVM and ^TNX is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
SVM vs. ^TNX
Compare and contrast key facts about Silvercorp Metals Inc. (SVM) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SVM or ^TNX.
Performance
SVM vs. ^TNX - Performance Comparison
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Key characteristics
SVM:
-0.12
^TNX:
-0.06
SVM:
0.26
^TNX:
0.16
SVM:
1.03
^TNX:
1.02
SVM:
-0.07
^TNX:
0.00
SVM:
-0.21
^TNX:
0.00
SVM:
24.42%
^TNX:
10.68%
SVM:
55.42%
^TNX:
22.24%
SVM:
-97.13%
^TNX:
-93.78%
SVM:
-72.19%
^TNX:
-44.20%
Returns By Period
In the year-to-date period, SVM achieves a 28.67% return, which is significantly higher than ^TNX's -2.10% return. Over the past 10 years, SVM has outperformed ^TNX with an annualized return of 13.64%, while ^TNX has yielded a comparatively lower 7.89% annualized return.
SVM
28.67%
3.49%
18.86%
-6.55%
10.66%
-2.00%
13.64%
^TNX
-2.10%
7.28%
5.54%
-3.18%
17.74%
47.19%
7.89%
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Risk-Adjusted Performance
SVM vs. ^TNX — Risk-Adjusted Performance Rank
SVM
^TNX
SVM vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Silvercorp Metals Inc. (SVM) 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.
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Drawdowns
SVM vs. ^TNX - Drawdown Comparison
The maximum SVM drawdown since its inception was -97.13%, roughly equal to the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for SVM and ^TNX.
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Volatility
SVM vs. ^TNX - Volatility Comparison
Silvercorp Metals Inc. (SVM) has a higher volatility of 17.30% compared to Treasury Yield 10 Years (^TNX) at 5.82%. This indicates that SVM'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.
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