TNK vs. GOGL
Compare and contrast key facts about Teekay Tankers Ltd. (TNK) and Golden Ocean Group Limited (GOGL).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TNK or GOGL.
Performance
TNK vs. GOGL - Performance Comparison
Returns By Period
In the year-to-date period, TNK achieves a -12.56% return, which is significantly lower than GOGL's 23.21% return. Over the past 10 years, TNK has outperformed GOGL with an annualized return of 28.65%, while GOGL has yielded a comparatively lower -3.12% annualized return.
TNK
-12.56%
-20.98%
-40.51%
-15.78%
78.87%
28.65%
GOGL
23.21%
2.47%
-16.26%
37.97%
27.80%
-3.12%
Fundamentals
TNK | GOGL | |
---|---|---|
Market Cap | $1.47B | $2.39B |
EPS | $12.18 | $1.07 |
PE Ratio | 3.51 | 11.15 |
PEG Ratio | 31.59 | 131.35 |
Total Revenue (TTM) | $1.19B | $751.03M |
Gross Profit (TTM) | $440.27M | $272.97M |
EBITDA (TTM) | $485.15M | $363.20M |
Key characteristics
TNK | GOGL | |
---|---|---|
Sharpe Ratio | -0.38 | 1.07 |
Sortino Ratio | -0.34 | 1.59 |
Omega Ratio | 0.96 | 1.19 |
Calmar Ratio | -0.31 | 0.46 |
Martin Ratio | -0.79 | 2.67 |
Ulcer Index | 16.95% | 14.09% |
Daily Std Dev | 35.21% | 35.10% |
Max Drawdown | -90.41% | -96.87% |
Current Drawdown | -42.61% | -75.54% |
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Correlation
The correlation between TNK and GOGL is 0.39, 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.
Risk-Adjusted Performance
TNK vs. GOGL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Teekay Tankers Ltd. (TNK) and Golden Ocean Group Limited (GOGL). 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
TNK vs. GOGL - Dividend Comparison
TNK's dividend yield for the trailing twelve months is around 6.57%, less than GOGL's 8.94% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Teekay Tankers Ltd. | 6.57% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.23% | 8.57% | 13.27% | 1.74% | 2.37% | 3.05% |
Golden Ocean Group Limited | 8.94% | 5.12% | 27.04% | 17.20% | 1.08% | 5.60% | 7.32% | 0.00% | 0.00% | 0.00% | 15.34% | 8.47% |
Drawdowns
TNK vs. GOGL - Drawdown Comparison
The maximum TNK drawdown since its inception was -90.41%, smaller than the maximum GOGL drawdown of -96.87%. Use the drawdown chart below to compare losses from any high point for TNK and GOGL. For additional features, visit the drawdowns tool.
Volatility
TNK vs. GOGL - Volatility Comparison
The current volatility for Teekay Tankers Ltd. (TNK) is 6.21%, while Golden Ocean Group Limited (GOGL) has a volatility of 10.16%. This indicates that TNK experiences smaller price fluctuations and is considered to be less risky than GOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TNK vs. GOGL - Financials Comparison
This section allows you to compare key financial metrics between Teekay Tankers Ltd. and Golden Ocean Group 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