TMRC vs. NEO.TO
TMRC (Texas Rare Earth Resources Corp) and NEO.TO (Neo Performance Materials Inc.) are both stocks. Both are in the Basic Materials sector — TMRC in Other Industrial Metals & Mining, NEO.TO in Specialty Chemicals. Over the past 5 years, TMRC returned -16.97%/yr vs 13.75%/yr for NEO.TO. At a 0.09 correlation, their price movements are largely independent.
Performance
TMRC vs. NEO.TO - Performance Comparison
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Different Trading Currencies
TMRC is traded in USD, while NEO.TO is traded in CAD. To make them comparable, the NEO.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TMRC achieves a 43.77% return, which is significantly lower than NEO.TO's 111.87% return.
TMRC
- 1D
- -1.78%
- 1M
- -15.38%
- YTD
- 43.77%
- 6M
- -3.24%
- 1Y
- 37.50%
- 3Y*
- -2.09%
- 5Y*
- -16.97%
- 10Y*
- 19.51%
NEO.TO
- 1D
- 4.38%
- 1M
- 2.29%
- YTD
- 111.87%
- 6M
- 106.15%
- 1Y
- 173.66%
- 3Y*
- 61.23%
- 5Y*
- 13.75%
- 10Y*
- —
TMRC vs. NEO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TMRC Texas Rare Earth Resources Corp | 43.77% | 144.74% | -41.84% | -67.01% | -33.83% | 11.30% | 43.90% | 397.98% | 17.62% | 40.00% |
NEO.TO Neo Performance Materials Inc. | 111.87% | 110.98% | 1.80% | -14.63% | -54.01% | 50.44% | 19.13% | -13.58% | -18.83% | 4.85% |
Correlation
The correlation between TMRC and NEO.TO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2017 | 0.09 |
Over the past year, TMRC and NEO.TO have become more correlated (0.33) than their long-term average of 0.09, meaning their price movements have been converging.
Fundamentals
TMRC:
$71.96M
NEO.TO:
CA$1.40B
TMRC:
-$0.03
NEO.TO:
-$0.24
TMRC:
16.86
NEO.TO:
2.61
TMRC:
$0.00
NEO.TO:
$511.45M
TMRC:
$0.00
NEO.TO:
$147.42M
TMRC:
-$1.31M
NEO.TO:
$61.97M
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Return for Risk
TMRC vs. NEO.TO — Risk / Return Rank
TMRC
NEO.TO
TMRC vs. NEO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Texas Rare Earth Resources Corp (TMRC) and Neo Performance Materials Inc. (NEO.TO). 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.
| TMRC | NEO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.49 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.38 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.49 | 5.50 | -5.01 |
| Martin ratioReturn relative to average drawdown | 0.68 | 11.09 | -10.41 |
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Drawdowns
TMRC vs. NEO.TO - Drawdown Comparison
The maximum TMRC drawdown since its inception was -95.42%, which is greater than NEO.TO's maximum drawdown of -74.57%. Use the drawdown chart below to compare losses from any high point for TMRC and NEO.TO.
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Drawdown Indicators
| TMRC | NEO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.42% | -74.57% | -20.85% |
Max Drawdown (1Y)Largest decline over 1 year | -77.33% | -31.80% | -45.53% |
Max Drawdown (3Y)Largest decline over 3 years | -83.33% | -38.53% | -44.80% |
Max Drawdown (5Y)Largest decline over 5 years | -91.57% | -74.57% | -17.00% |
Max Drawdown (10Y)Largest decline over 10 years | -95.42% | — | — |
Current DrawdownCurrent decline from peak | -80.83% | -7.12% | -73.71% |
Average DrawdownAverage peak-to-trough decline | -53.95% | -37.05% | -16.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.57% | 15.73% | +39.84% |
Volatility
TMRC vs. NEO.TO - Volatility Comparison
Texas Rare Earth Resources Corp (TMRC) has a higher volatility of 31.26% compared to Neo Performance Materials Inc. (NEO.TO) at 25.89%. This indicates that TMRC's price experiences larger fluctuations and is considered to be riskier than NEO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TMRC | NEO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.26% | 25.89% | +5.37% |
Volatility (6M)Calculated over the trailing 6-month period | 88.45% | 45.14% | +43.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 157.98% | 64.38% | +93.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 109.30% | 54.25% | +55.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 109.54% | 53.18% | +56.36% |
Dividends
TMRC vs. NEO.TO - Dividend Comparison
TMRC has not paid dividends to shareholders, while NEO.TO's dividend yield for the trailing twelve months is around 1.19%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
NEO.TO Neo Performance Materials Inc. | 1.19% | 2.57% | 5.01% | 5.24% | 4.17% | 1.97% | 2.90% | 3.20% | 2.47% |
TMRC Texas Rare Earth Resources Corp | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TMRC vs. NEO.TO - Financials Comparison
This section allows you to compare key financial metrics between Texas Rare Earth Resources Corp and Neo Performance Materials 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
Frequently Asked Questions
TMRC and NEO.TO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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