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JPY/EUR Exchange Rate

Often compared with JPYEUR=X:
JPYEUR=X vs. JPY=XJPYEUR=X vs. JPYUSD=X

Performance

JPYEUR=X Performance Chart

JPY/EUR Exchange Rate (JPYEUR=X) is down 0.4% since the beginning of the year. JPYEUR=X is currently trading at €0 per share. Investors who bought €1,000 worth of JPYEUR=X shares 5 years ago would now be looking at an investment worth €721.


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S&P 500 Index

Returns By Period

JPY/EUR Exchange Rate (JPYEUR=X) has returned -0.35% so far this year and -11.03% over the past 12 months.


JPY/EUR Exchange Rate

1D
0.59%
1M
-0.57%
YTD
-0.35%
6M
-2.08%
1Y
-11.03%
3Y*
-6.84%
5Y*
-6.32%
10Y*
-4.07%

Benchmark (S&P 500 Index)

1D
-1.86%
1M
2.23%
YTD
9.98%
6M
8.60%
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

JPYEUR=X Monthly Returns History

Based on dividend-adjusted daily data since Aug 28, 2007, JPYEUR=X's average daily return is 0.00%, while the average monthly return is -0.02%.

Historically, 45% of months were positive and 55% were negative. The best month was Oct 2008 with a return of +19.5%, while the worst month was Jan 2013 at -8.0%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 7 months.

On a daily basis, JPYEUR=X closed higher 47% of trading days. The best single day was Jun 24, 2016 with a return of +7.1%, while the worst single day was Oct 28, 2008 at -8.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.33%-0.53%0.50%-0.13%-1.08%0.58%-0.35%
20251.27%2.88%-3.64%0.13%-0.91%-3.68%-1.39%0.06%-0.92%-2.29%-1.78%-1.73%-11.54%
2024-2.09%-1.91%-0.79%-2.91%-1.40%-1.08%6.28%0.50%0.99%-3.34%4.50%-2.75%-4.39%
2023-0.69%-1.92%0.06%-4.12%0.84%-5.42%0.63%-0.83%-0.08%-1.53%-0.61%3.66%-9.84%
20221.26%0.26%-4.23%-1.64%-0.85%-2.91%4.41%-2.52%-1.48%-3.50%2.26%2.44%-6.69%
2021-0.71%-1.19%-0.93%-1.21%-1.91%1.69%1.21%0.21%0.79%-2.23%2.76%-2.03%-3.62%

Benchmark Metrics

JPY/EUR Exchange Rate has an annualized alpha of -7.76%, beta of -0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since August 29, 2007.

  • This currency participated in 82.79% of S&P 500 Index downside but only -7.24% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of -0.00 may look defensive, but with R2 of 0.00 this currency is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this currency's risk.
  • R2 of 0.00 means this currency moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-7.76%
Beta
-0.00
0.00
Upside Capture
-7.24%
Downside Capture
82.79%

Return for Risk

Risk / Return Rank

JPYEUR=X ranks 6 for risk / return — in the bottom 6% of currencies on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


JPYEUR=X Risk / Return Rank: 66
Overall Rank
JPYEUR=X Sharpe Ratio Rank: 44
Sharpe Ratio Rank
JPYEUR=X Sortino Ratio Rank: 44
Sortino Ratio Rank
JPYEUR=X Omega Ratio Rank: 55
Omega Ratio Rank
JPYEUR=X Calmar Ratio Rank: 77
Calmar Ratio Rank
JPYEUR=X Martin Ratio Rank: 1111
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for JPY/EUR Exchange Rate (JPYEUR=X) and compare them to S&P 500 Index.


JPYEUR=XBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

0.75

Calmar ratioReturn relative to maximum drawdown

-0.74

Martin ratioReturn relative to average drawdown

-1.07

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the JPY/EUR Exchange Rate. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the JPY/EUR Exchange Rate was 49.74%, occurring on Apr 15, 2026. The portfolio has not yet recovered.

The current JPY/EUR Exchange Rate drawdown is 48.95%.


Related event

Drawdown

Fall

Recovery

Underwater

2026 bear market2026
-49.74%Apr 2026
13y 8mo
13y 10moJul 2012 - now
Financial crisis2007–2009
-16.82%Aug 2009
6mo 3d9mo 2d
1y 3moFeb 2009 - May 2010
2011 correction2011
-13.51%Apr 2011
7mo 2d5mo 4d
1y 1dSep 2010 - Sep 2011
2012 correction2012
-12.23%Mar 2012
2mo 10d2mo 5d
4mo 15dJan 2012 - May 2012
Financial crisis2007–2009
-10.76%Nov 2008
7d2mo 19d
2mo 26dOct 2008 - Jan 2009

Drawdown Indicators


JPYEUR=XBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-49.74%

-7.57%

-42.17%

Max Drawdown (1Y)

Largest decline over 1 year

-12.09%

Max Drawdown (3Y)

Largest decline over 3 years

-20.15%

Max Drawdown (5Y)

Largest decline over 5 years

-33.28%

Max Drawdown (10Y)

Largest decline over 10 years

-40.77%

Current Drawdown

Current decline from peak

-48.95%

-2.04%

-46.91%

Average Drawdown

Average peak-to-trough decline

-24.35%

-1.40%

-22.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.77%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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