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

Correlation

The correlation between TNK and LPG is 0.45, 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.


-0.50.00.51.00.4

Performance

TNK vs. LPG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teekay Tankers Ltd. (TNK) and Dorian LPG Ltd. (LPG). The values are adjusted to include any dividend payments, if applicable.

0.00%500.00%1,000.00%1,500.00%2,000.00%2,500.00%JulyAugustSeptemberOctoberNovemberDecember
1,437.23%
145.86%
TNK
LPG

Key characteristics

Sharpe Ratio

TNK:

-0.72

LPG:

-1.13

Sortino Ratio

TNK:

-0.94

LPG:

-1.67

Omega Ratio

TNK:

0.90

LPG:

0.81

Calmar Ratio

TNK:

-0.50

LPG:

-0.80

Martin Ratio

TNK:

-1.16

LPG:

-1.59

Ulcer Index

TNK:

21.29%

LPG:

26.60%

Daily Std Dev

TNK:

34.23%

LPG:

37.35%

Max Drawdown

TNK:

-90.41%

LPG:

-78.31%

Current Drawdown

TNK:

-48.58%

LPG:

-52.22%

Fundamentals

Market Cap

TNK:

$1.30B

LPG:

$981.94M

EPS

TNK:

$12.18

LPG:

$5.87

PE Ratio

TNK:

3.11

LPG:

3.91

PEG Ratio

TNK:

31.59

LPG:

-1.02

Total Revenue (TTM)

TNK:

$1.19B

LPG:

$501.24M

Gross Profit (TTM)

TNK:

$440.27M

LPG:

$307.81M

EBITDA (TTM)

TNK:

$485.15M

LPG:

$330.48M

Returns By Period

In the year-to-date period, TNK achieves a -21.65% return, which is significantly higher than LPG's -41.37% return. Over the past 10 years, TNK has outperformed LPG with an annualized return of 26.54%, while LPG has yielded a comparatively lower 13.36% annualized return.


TNK

YTD

-21.65%

1M

-10.39%

6M

-45.61%

1Y

-28.07%

5Y*

11.50%

10Y*

26.54%

LPG

YTD

-41.37%

1M

-10.62%

6M

-42.70%

1Y

-43.55%

5Y*

25.44%

10Y*

13.36%

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Risk-Adjusted Performance

TNK vs. LPG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Teekay Tankers Ltd. (TNK) and Dorian LPG Ltd. (LPG). 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.


Sharpe ratio
The chart of Sharpe ratio for TNK, currently valued at -0.72, compared to the broader market-4.00-2.000.002.00-0.72-1.13
The chart of Sortino ratio for TNK, currently valued at -0.94, compared to the broader market-4.00-2.000.002.004.00-0.94-1.67
The chart of Omega ratio for TNK, currently valued at 0.90, compared to the broader market0.501.001.502.000.900.81
The chart of Calmar ratio for TNK, currently valued at -0.50, compared to the broader market0.002.004.006.00-0.50-0.80
The chart of Martin ratio for TNK, currently valued at -1.16, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.16-1.59
TNK
LPG

The current TNK Sharpe Ratio is -0.72, which is higher than the LPG Sharpe Ratio of -1.13. The chart below compares the historical Sharpe Ratios of TNK and LPG, 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 Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.72
-1.13
TNK
LPG

Dividends

TNK vs. LPG - Dividend Comparison

TNK's dividend yield for the trailing twelve months is around 7.33%, less than LPG's 17.41% yield.


TTM20232022202120202019201820172016201520142013
TNK
Teekay Tankers Ltd.
7.33%3.00%0.00%0.00%0.00%0.00%3.23%8.57%13.27%1.74%2.37%3.05%
LPG
Dorian LPG Ltd.
17.41%9.12%29.02%7.88%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

TNK vs. LPG - Drawdown Comparison

The maximum TNK drawdown since its inception was -90.41%, which is greater than LPG's maximum drawdown of -78.31%. Use the drawdown chart below to compare losses from any high point for TNK and LPG. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-48.58%
-52.22%
TNK
LPG

Volatility

TNK vs. LPG - Volatility Comparison

The current volatility for Teekay Tankers Ltd. (TNK) is 7.96%, while Dorian LPG Ltd. (LPG) has a volatility of 8.76%. This indicates that TNK experiences smaller price fluctuations and is considered to be less risky than LPG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
7.96%
8.76%
TNK
LPG

Financials

TNK vs. LPG - Financials Comparison

This section allows you to compare key financial metrics between Teekay Tankers Ltd. and Dorian LPG Ltd.. 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
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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