TMC vs. NXT
Compare and contrast key facts about TMC the metals company Inc. (TMC) and Nextracker Inc (NXT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TMC or NXT.
Correlation
The correlation between TMC and NXT is 0.14, 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.
Performance
TMC vs. NXT - Performance Comparison
Key characteristics
TMC:
0.68
NXT:
-0.37
TMC:
1.66
NXT:
-0.22
TMC:
1.19
NXT:
0.98
TMC:
0.57
NXT:
-0.44
TMC:
1.54
NXT:
-0.72
TMC:
35.12%
NXT:
29.44%
TMC:
79.50%
NXT:
57.73%
TMC:
-95.58%
NXT:
-48.61%
TMC:
-84.90%
NXT:
-21.97%
Fundamentals
TMC:
$609.61M
NXT:
$6.80B
TMC:
-$0.33
NXT:
$4.17
TMC:
$20.18M
NXT:
$2.77B
TMC:
-$20.16M
NXT:
$1.04B
TMC:
-$64.99M
NXT:
$745.16M
Returns By Period
In the year-to-date period, TMC achieves a 67.86% return, which is significantly higher than NXT's 29.48% return.
TMC
67.86%
18.24%
75.70%
52.85%
N/A
N/A
NXT
29.48%
7.27%
22.02%
-21.21%
N/A
N/A
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Risk-Adjusted Performance
TMC vs. NXT — Risk-Adjusted Performance Rank
TMC
NXT
TMC vs. NXT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TMC the metals company Inc. (TMC) and Nextracker Inc (NXT). 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.
Dividends
TMC vs. NXT - Dividend Comparison
Neither TMC nor NXT has paid dividends to shareholders.
Drawdowns
TMC vs. NXT - Drawdown Comparison
The maximum TMC drawdown since its inception was -95.58%, which is greater than NXT's maximum drawdown of -48.61%. Use the drawdown chart below to compare losses from any high point for TMC and NXT. For additional features, visit the drawdowns tool.
Volatility
TMC vs. NXT - Volatility Comparison
TMC the metals company Inc. (TMC) has a higher volatility of 27.48% compared to Nextracker Inc (NXT) at 18.77%. This indicates that TMC's price experiences larger fluctuations and is considered to be riskier than NXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TMC vs. NXT - Financials Comparison
This section allows you to compare key financial metrics between TMC the metals company Inc. and Nextracker 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