TRMD vs. NOG
TRMD (TORM plc) and NOG (Northern Oil and Gas, Inc.) are both stocks. Both are in the Energy sector — TRMD in Oil & Gas Midstream, NOG in Oil & Gas E&P. Over the past 5 years, TRMD returned 44.51%/yr vs 3.47%/yr for NOG. At a 0.24 correlation, their price movements are largely independent.
Performance
TRMD vs. NOG - Performance Comparison
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Returns By Period
In the year-to-date period, TRMD achieves a 58.13% return, which is significantly higher than NOG's -10.36% return.
TRMD
- 1D
- 5.06%
- 1M
- 1.83%
- 6M
- 37.79%
- YTD
- 58.13%
- 1Y
- 77.92%
- 3Y*
- 22.26%
- 5Y*
- 44.51%
- 10Y*
- —
NOG
- 1D
- -1.44%
- 1M
- -7.12%
- 6M
- -12.00%
- YTD
- -10.36%
- 1Y
- -35.02%
- 3Y*
- -14.51%
- 5Y*
- 3.47%
- 10Y*
- -7.03%
TRMD vs. NOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TRMD TORM plc | 58.13% | 11.21% | -23.37% | 31.64% | 297.66% | 12.91% | -25.94% | 84.18% | -22.59% |
NOG Northern Oil and Gas, Inc. | -10.36% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | -62.56% | 3.54% | 7.62% |
Correlation
The correlation between TRMD and NOG is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2018 | 0.24 |
Fundamentals
TRMD:
$3.02B
NOG:
$2.01B
TRMD:
$3.40
NOG:
-$6.34
TRMD:
2.12
NOG:
1.20
TRMD:
1.34
NOG:
1.02
TRMD:
$1.41B
NOG:
$1.52B
TRMD:
$575.03M
NOG:
$450.66M
TRMD:
$639.99M
NOG:
$73.21M
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Return for Risk
TRMD vs. NOG — Risk / Return Rank
TRMD
NOG
TRMD vs. NOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TORM plc (TRMD) and Northern Oil and Gas, Inc. (NOG). 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.
| TRMD | NOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.94 | ||
| Sortino ratioReturn per unit of downside risk | +3.76 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.89 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 3.50 | -0.85 | +4.35 |
| Martin ratioReturn relative to average drawdown | 9.19 | -1.62 | +10.80 |
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Drawdowns
TRMD vs. NOG - Drawdown Comparison
The maximum TRMD drawdown since its inception was -60.59%, smaller than the maximum NOG drawdown of -98.96%. Use the drawdown chart below to compare losses from any high point for TRMD and NOG.
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Drawdown Indicators
| TRMD | NOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.59% | -98.96% | +38.37% |
Max Drawdown (1Y)Largest decline over 1 year | -23.53% | -41.43% | +17.90% |
Max Drawdown (3Y)Largest decline over 3 years | -60.59% | -55.08% | -5.51% |
Max Drawdown (5Y)Largest decline over 5 years | -60.59% | -55.08% | -5.51% |
Max Drawdown (10Y)Largest decline over 10 years | — | -92.98% | — |
Current DrawdownCurrent decline from peak | -13.49% | -92.85% | +79.36% |
Average DrawdownAverage peak-to-trough decline | -22.50% | -69.82% | +47.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.96% | 21.78% | -12.82% |
Volatility
TRMD vs. NOG - Volatility Comparison
The current volatility for TORM plc (TRMD) is 13.04%, while Northern Oil and Gas, Inc. (NOG) has a volatility of 14.14%. This indicates that TRMD experiences smaller price fluctuations and is considered to be less risky than NOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRMD | NOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.04% | 14.14% | -1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 29.13% | 32.39% | -3.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.27% | 45.38% | -7.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.26% | 49.25% | -2.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.70% | 70.57% | -10.87% |
Dividends
TRMD vs. NOG - Dividend Comparison
TRMD's dividend yield for the trailing twelve months is around 8.21%, less than NOG's 9.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
NOG Northern Oil and Gas, Inc. | 9.72% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% | 0.00% |
TRMD TORM plc | 8.21% | 10.32% | 30.13% | 23.05% | 6.99% | 0.00% | 14.89% |
Financials
TRMD vs. NOG - Financials Comparison
This section allows you to compare key financial metrics between TORM plc and Northern Oil and Gas, 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
TRMD and NOG have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOG has higher volatility (14.14%) compared to TRMD (13.04%). In terms of maximum drawdown, TRMD dropped -60.59% vs NOG's -98.96%.
TRMD currently has the higher Sharpe Ratio (2.16 vs -0.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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