TVE.TO vs. KNT.TO
TVE.TO (Tamarack Valley Energy Ltd.) and KNT.TO (K92 Mining Inc.) are both stocks. TVE.TO operates in Oil & Gas E&P (Energy), while KNT.TO operates in Gold (Basic Materials). Over the past 10 years, TVE.TO returned 14.90%/yr vs 35.57%/yr for KNT.TO. At a 0.08 correlation, their price movements are largely independent.
Performance
TVE.TO vs. KNT.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TVE.TO achieves a 63.75% return, which is significantly higher than KNT.TO's -0.18% return. Over the past 10 years, TVE.TO has underperformed KNT.TO with an annualized return of 14.90%, while KNT.TO has yielded a comparatively higher 35.57% annualized return.
TVE.TO
- 1D
- -1.74%
- 1M
- 4.33%
- YTD
- 63.75%
- 6M
- 68.02%
- 1Y
- 182.18%
- 3Y*
- 62.92%
- 5Y*
- 41.15%
- 10Y*
- 14.90%
KNT.TO
- 1D
- 1.34%
- 1M
- -19.54%
- YTD
- -0.18%
- 6M
- 2.86%
- 1Y
- 42.90%
- 3Y*
- 56.58%
- 5Y*
- 20.92%
- 10Y*
- 35.57%
TVE.TO vs. KNT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TVE.TO Tamarack Valley Energy Ltd. | 63.75% | 71.65% | 62.29% | -28.32% | 18.84% | 203.15% | -36.50% | -15.25% | -17.48% | -17.34% |
KNT.TO K92 Mining Inc. | -0.18% | 161.41% | 33.33% | -15.12% | 6.68% | -5.52% | 164.24% | 242.86% | 55.56% | -44.33% |
Correlation
The correlation between TVE.TO and KNT.TO is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jan 10, 2011 | 0.08 |
The correlation between TVE.TO and KNT.TO shifts across timeframes, from 0.03 (1 year) to 0.20 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TVE.TO:
CA$6.38B
KNT.TO:
CA$5.60B
TVE.TO:
-CA$0.19
KNT.TO:
$1.28
TVE.TO:
4.50
KNT.TO:
5.84
TVE.TO:
3.62
KNT.TO:
4.51
TVE.TO:
CA$1.44B
KNT.TO:
$685.77M
TVE.TO:
CA$560.03M
KNT.TO:
$495.11M
TVE.TO:
CA$596.84M
KNT.TO:
$499.16M
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Return for Risk
TVE.TO vs. KNT.TO — Risk / Return Rank
TVE.TO
KNT.TO
TVE.TO vs. KNT.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tamarack Valley Energy Ltd. (TVE.TO) and K92 Mining Inc. (KNT.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.
| TVE.TO | KNT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.31 | ||
| Sortino ratioReturn per unit of downside risk | +3.48 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.18 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 18.36 | 1.12 | +17.24 |
| Martin ratioReturn relative to average drawdown | 58.84 | 2.89 | +55.95 |
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Drawdowns
TVE.TO vs. KNT.TO - Drawdown Comparison
The maximum TVE.TO drawdown since its inception was -94.30%, roughly equal to the maximum KNT.TO drawdown of -90.67%. Use the drawdown chart below to compare losses from any high point for TVE.TO and KNT.TO.
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Drawdown Indicators
| TVE.TO | KNT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.30% | -90.67% | -3.63% |
Max Drawdown (1Y)Largest decline over 1 year | -9.99% | -38.35% | +28.36% |
Max Drawdown (3Y)Largest decline over 3 years | -34.89% | -38.35% | +3.46% |
Max Drawdown (5Y)Largest decline over 5 years | -53.72% | -54.53% | +0.81% |
Max Drawdown (10Y)Largest decline over 10 years | -91.68% | -80.47% | -11.21% |
Current DrawdownCurrent decline from peak | -6.60% | -31.72% | +25.12% |
Average DrawdownAverage peak-to-trough decline | -51.13% | -42.61% | -8.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.11% | 14.88% | -11.77% |
Volatility
TVE.TO vs. KNT.TO - Volatility Comparison
The current volatility for Tamarack Valley Energy Ltd. (TVE.TO) is 15.63%, while K92 Mining Inc. (KNT.TO) has a volatility of 18.12%. This indicates that TVE.TO experiences smaller price fluctuations and is considered to be less risky than KNT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TVE.TO | KNT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.63% | 18.12% | -2.49% |
Volatility (6M)Calculated over the trailing 6-month period | 29.53% | 39.76% | -10.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.60% | 50.55% | -14.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.76% | 49.19% | -5.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.95% | 58.20% | -5.25% |
Dividends
TVE.TO vs. KNT.TO - Dividend Comparison
TVE.TO's dividend yield for the trailing twelve months is around 1.00%, while KNT.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
KNT.TO K92 Mining Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TVE.TO Tamarack Valley Energy Ltd. | 1.00% | 1.93% | 3.15% | 4.90% | 2.63% |
Financials
TVE.TO vs. KNT.TO - Financials Comparison
This section allows you to compare key financial metrics between Tamarack Valley Energy Ltd. and K92 Mining 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
TVE.TO vs. KNT.TO - Profitability Comparison
TVE.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tamarack Valley Energy Ltd. reported a gross profit of 182.80M and revenue of 375.55M. Therefore, the gross margin over that period was 48.7%.
KNT.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, K92 Mining Inc. reported a gross profit of 170.77M and revenue of 232.41M. Therefore, the gross margin over that period was 73.5%.
TVE.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tamarack Valley Energy Ltd. reported an operating income of 163.31M and revenue of 375.55M, resulting in an operating margin of 43.5%.
KNT.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, K92 Mining Inc. reported an operating income of 165.19M and revenue of 232.41M, resulting in an operating margin of 71.1%.
TVE.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tamarack Valley Energy Ltd. reported a net income of 5.65M and revenue of 375.55M, resulting in a net margin of 1.5%.
KNT.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, K92 Mining Inc. reported a net income of 114.72M and revenue of 232.41M, resulting in a net margin of 49.4%.
Frequently Asked Questions
TVE.TO and KNT.TO have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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