^BSESN vs. ASIANPAINT.NS
Compare and contrast key facts about S&P BSE SENSEX (^BSESN) and Asian Paints Limited (ASIANPAINT.NS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^BSESN or ASIANPAINT.NS.
Key characteristics
| ^BSESN | ASIANPAINT.NS | |
|---|---|---|
| YTD Return | 11.67% | -9.32% |
| 1Y Return | 22.46% | -0.18% |
| 3Y Return (Ann) | 9.40% | -1.10% |
| 5Y Return (Ann) | 15.66% | 12.05% |
| 10Y Return (Ann) | 12.01% | 18.08% |
| Sharpe Ratio | 1.62 | -0.10 |
| Sortino Ratio | 2.16 | -0.02 |
| Omega Ratio | 1.33 | 1.00 |
| Calmar Ratio | 3.17 | -0.08 |
| Martin Ratio | 11.13 | -0.17 |
| Ulcer Index | 1.97% | 11.12% |
| Daily Std Dev | 13.56% | 18.67% |
| Max Drawdown | -60.91% | -94.05% |
| Current Drawdown | -6.01% | -12.78% |
Correlation
The correlation between ^BSESN and ASIANPAINT.NS is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
^BSESN vs. ASIANPAINT.NS - Performance Comparison
In the year-to-date period, ^BSESN achieves a 11.67% return, which is significantly higher than ASIANPAINT.NS's -9.32% return. Over the past 10 years, ^BSESN has underperformed ASIANPAINT.NS with an annualized return of 12.01%, while ASIANPAINT.NS has yielded a comparatively higher 18.08% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^BSESN vs. ASIANPAINT.NS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P BSE SENSEX (^BSESN) and Asian Paints Limited (ASIANPAINT.NS). 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.
Drawdowns
^BSESN vs. ASIANPAINT.NS - Drawdown Comparison
The maximum ^BSESN drawdown since its inception was -60.91%, smaller than the maximum ASIANPAINT.NS drawdown of -94.05%. Use the drawdown chart below to compare losses from any high point for ^BSESN and ASIANPAINT.NS. For additional features, visit the drawdowns tool.
Volatility
^BSESN vs. ASIANPAINT.NS - Volatility Comparison
The current volatility for S&P BSE SENSEX (^BSESN) is 3.90%, while Asian Paints Limited (ASIANPAINT.NS) has a volatility of 5.48%. This indicates that ^BSESN experiences smaller price fluctuations and is considered to be less risky than ASIANPAINT.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.