TYGO vs. MKA.L
TYGO (Tigo Energy Inc.) and MKA.L (Mkango Resources Ltd) are both stocks. TYGO operates in Solar (Technology), while MKA.L operates in Other Industrial Metals & Mining (Basic Materials). Over the past 3 years, TYGO returned -43.68%/yr vs 60.60%/yr for MKA.L. At a 0.01 correlation, their price movements are largely independent.
Performance
TYGO vs. MKA.L - Performance Comparison
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Different Trading Currencies
TYGO is traded in USD, while MKA.L is traded in GBp. To make them comparable, the MKA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TYGO achieves a 139.13% return, which is significantly higher than MKA.L's -10.47% return.
TYGO
- 1D
- 0.30%
- 1M
- -22.72%
- YTD
- 139.13%
- 6M
- 102.45%
- 1Y
- 189.47%
- 3Y*
- -43.68%
- 5Y*
- —
- 10Y*
- —
MKA.L
- 1D
- 2.49%
- 1M
- -7.63%
- YTD
- -10.47%
- 6M
- -15.90%
- 1Y
- 147.26%
- 3Y*
- 60.60%
- 5Y*
- 5.07%
- 10Y*
- —
TYGO vs. MKA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TYGO Tigo Energy Inc. | 139.13% | 40.12% | -52.88% | -79.51% | 3.03% | 0.62% |
MKA.L Mkango Resources Ltd | -10.47% | 529.04% | -32.02% | -1.17% | -64.71% | 17.66% |
Correlation
The correlation between TYGO and MKA.L is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Sep 6, 2021 | 0.01 |
Fundamentals
TYGO:
$239.51M
MKA.L:
£146.26M
TYGO:
$0.05
MKA.L:
-£0.04
TYGO:
2.02
MKA.L:
2.72K
TYGO:
$109.89M
MKA.L:
£50.78K
TYGO:
$47.97M
MKA.L:
-£544.15K
TYGO:
$12.07M
MKA.L:
-£17.87M
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Return for Risk
TYGO vs. MKA.L — Risk / Return Rank
TYGO
MKA.L
TYGO vs. MKA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tigo Energy Inc. (TYGO) and Mkango Resources Ltd (MKA.L). 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.
| TYGO | MKA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.28 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.84 | 2.84 | +1.00 |
| Martin ratioReturn relative to average drawdown | 9.17 | 5.91 | +3.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TYGO | MKA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | 1.54 | +0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.07 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.22 | 0.27 | -0.49 |
Drawdowns
TYGO vs. MKA.L - Drawdown Comparison
The maximum TYGO drawdown since its inception was -97.45%, which is greater than MKA.L's maximum drawdown of -89.22%. Use the drawdown chart below to compare losses from any high point for TYGO and MKA.L.
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Drawdown Indicators
| TYGO | MKA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.45% | -89.22% | -8.23% |
Max Drawdown (1Y)Largest decline over 1 year | -49.64% | -51.55% | +1.91% |
Max Drawdown (3Y)Largest decline over 3 years | -97.45% | -66.46% | -30.99% |
Max Drawdown (5Y)Largest decline over 5 years | — | -89.22% | — |
Current DrawdownCurrent decline from peak | -87.43% | -39.03% | -48.40% |
Average DrawdownAverage peak-to-trough decline | -55.42% | -45.46% | -9.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.75% | 24.81% | -4.06% |
Volatility
TYGO vs. MKA.L - Volatility Comparison
The current volatility for Tigo Energy Inc. (TYGO) is 17.91%, while Mkango Resources Ltd (MKA.L) has a volatility of 22.35%. This indicates that TYGO experiences smaller price fluctuations and is considered to be less risky than MKA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TYGO | MKA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.91% | 22.35% | -4.44% |
Volatility (6M)Calculated over the trailing 6-month period | 77.99% | 48.60% | +29.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 101.08% | 95.35% | +5.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 92.15% | 77.87% | +14.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 92.15% | 96.62% | -4.47% |
Dividends
TYGO vs. MKA.L - Dividend Comparison
Neither TYGO nor MKA.L has paid dividends to shareholders.
Financials
TYGO vs. MKA.L - Financials Comparison
This section allows you to compare key financial metrics between Tigo Energy Inc. and Mkango Resources 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.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
TYGO and MKA.L have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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