NE vs GTES
Comparison between Noble Corp Plc - Class A (NE, Company) and Gates Industrial Corporation Ltd (GTES, Company).
NE is from the Energy sector, while GTES is from the Industrials sector.
NE vs GTES - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
NE vs GTES - Historical Returns
Returns include dividend reinvestment.
NE vs GTES - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | NE | GTES |
|---|---|---|
| 2026 | +56.04% | +7.67% |
| 2025 | -7.82% | N/A |
| 2024 | -31.71% | N/A |
| 2023 | +35.29% | N/A |
| 2022 | +44.26% | N/A |
| 2021 | +0.24% | N/A |
NE vs GTES Drawdown Comparison
The maximum drawdown for NE was -63.19%, occurring on Apr 4, 2025. Recovery took 629 trading sessions.
The maximum drawdown for GTES was -9.08%, occurring on Jul 29, 2026. Recovery took 7 trading sessions.
The current NE drawdown is -17.67%. The current GTES drawdown is -7.27%.
| Rank | NE | GTES |
|---|---|---|
| #1 | -63.19% Sep 12, 2023 - Mar 17, 2026 | -9.08% Jul 22, 2026 - Jul 31, 2026 |
| #2 | -37.76% Jun 8, 2022 - Nov 4, 2022 | -7.27% Aug 4, 2026 - Aug 13, 2026 |
| #3 | -31.07% May 18, 2026 - Jul 1, 2026 | N/A |
| #4 | -21.86% Mar 6, 2023 - Jul 7, 2023 | N/A |
| #5 | -21.50% Nov 8, 2021 - Mar 3, 2022 | N/A |
| #6 | -19.81% Jul 2, 2021 - Sep 2, 2021 | N/A |
| #7 | -16.61% Mar 25, 2022 - May 26, 2022 | N/A |
| #8 | -16.44% Nov 11, 2022 - Feb 8, 2023 | N/A |
| #9 | -12.61% Feb 14, 2023 - Mar 2, 2023 | N/A |
| #10 | -11.66% Sep 15, 2021 - Nov 8, 2021 | N/A |
| #11 | -9.55% Apr 27, 2026 - May 18, 2026 | N/A |
| #12 | -8.25% Mar 11, 2022 - Mar 21, 2022 | N/A |
| #13 | -8.12% Apr 7, 2026 - Apr 27, 2026 | N/A |
| #14 | -5.40% Mar 7, 2022 - Mar 11, 2022 | N/A |
| #15 | -5.38% Aug 11, 2023 - Sep 1, 2023 | N/A |
Correlation
Correlation between NE and GTES is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.
Select Stocks to Compare
More Comparisons
Compare with similar stocks