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TNK vs. ASC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


TNKASC
YTD Return-3.25%3.47%
1Y Return-8.34%8.01%
3Y Return (Ann)53.18%56.95%
5Y Return (Ann)91.80%15.19%
10Y Return (Ann)30.61%5.20%
Sharpe Ratio-0.180.23
Sortino Ratio-0.020.61
Omega Ratio1.001.07
Calmar Ratio-0.180.21
Martin Ratio-0.450.63
Ulcer Index14.48%12.64%
Daily Std Dev35.07%34.95%
Max Drawdown-90.41%-80.11%
Current Drawdown-36.49%-38.46%

Fundamentals


TNKASC
Market Cap$1.60B$582.02M
EPS$12.18$3.47
PE Ratio3.824.01
PEG Ratio31.59-6.04
Total Revenue (TTM)$1.19B$348.95M
Gross Profit (TTM)$440.27M$164.05M
EBITDA (TTM)$485.15M$107.75M

Correlation

-0.50.00.51.00.5

The correlation between TNK and ASC is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

TNK vs. ASC - Performance Comparison

In the year-to-date period, TNK achieves a -3.25% return, which is significantly lower than ASC's 3.47% return. Over the past 10 years, TNK has outperformed ASC with an annualized return of 30.61%, while ASC has yielded a comparatively lower 5.20% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
-20.72%
-18.25%
TNK
ASC

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Risk-Adjusted Performance

TNK vs. ASC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Teekay Tankers Ltd. (TNK) and Ardmore Shipping Corporation (ASC). 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.


TNK
Sharpe ratio
The chart of Sharpe ratio for TNK, currently valued at -0.18, compared to the broader market-4.00-2.000.002.00-0.18
Sortino ratio
The chart of Sortino ratio for TNK, currently valued at -0.02, compared to the broader market-4.00-2.000.002.004.00-0.02
Omega ratio
The chart of Omega ratio for TNK, currently valued at 1.00, compared to the broader market0.501.001.502.001.00
Calmar ratio
The chart of Calmar ratio for TNK, currently valued at -0.18, compared to the broader market0.002.004.006.00-0.18
Martin ratio
The chart of Martin ratio for TNK, currently valued at -0.45, compared to the broader market-10.000.0010.0020.0030.00-0.45
ASC
Sharpe ratio
The chart of Sharpe ratio for ASC, currently valued at 0.23, compared to the broader market-4.00-2.000.002.000.23
Sortino ratio
The chart of Sortino ratio for ASC, currently valued at 0.61, compared to the broader market-4.00-2.000.002.004.000.61
Omega ratio
The chart of Omega ratio for ASC, currently valued at 1.07, compared to the broader market0.501.001.502.001.07
Calmar ratio
The chart of Calmar ratio for ASC, currently valued at 0.21, compared to the broader market0.002.004.006.000.21
Martin ratio
The chart of Martin ratio for ASC, currently valued at 0.63, compared to the broader market-10.000.0010.0020.0030.000.63

TNK vs. ASC - Sharpe Ratio Comparison

The current TNK Sharpe Ratio is -0.18, which is lower than the ASC Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of TNK and ASC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
-0.18
0.23
TNK
ASC

Dividends

TNK vs. ASC - Dividend Comparison

TNK's dividend yield for the trailing twelve months is around 5.87%, less than ASC's 7.62% yield.


TTM20232022202120202019201820172016201520142013
TNK
Teekay Tankers Ltd.
5.87%2.97%0.00%0.00%0.00%0.00%3.23%8.57%13.27%1.74%2.37%3.05%
ASC
Ardmore Shipping Corporation
7.62%8.16%0.00%0.00%1.53%0.00%0.00%0.00%5.41%4.80%3.34%0.42%

Drawdowns

TNK vs. ASC - Drawdown Comparison

The maximum TNK drawdown since its inception was -90.41%, which is greater than ASC's maximum drawdown of -80.11%. Use the drawdown chart below to compare losses from any high point for TNK and ASC. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-36.49%
-38.46%
TNK
ASC

Volatility

TNK vs. ASC - Volatility Comparison

Teekay Tankers Ltd. (TNK) has a higher volatility of 9.16% compared to Ardmore Shipping Corporation (ASC) at 8.20%. This indicates that TNK's price experiences larger fluctuations and is considered to be riskier than ASC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


8.00%10.00%12.00%14.00%16.00%JuneJulyAugustSeptemberOctoberNovember
9.16%
8.20%
TNK
ASC

Financials

TNK vs. ASC - Financials Comparison

This section allows you to compare key financial metrics between Teekay Tankers Ltd. and Ardmore Shipping Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in USD except per share items