0710.HK vs. SUBC.OL
0710.HK (Boe Varitronix Ltd) and SUBC.OL (Subsea 7 S.A.) are both stocks. 0710.HK operates in Electronic Components (Technology), while SUBC.OL operates in Oil & Gas Equipment & Services (Energy). Over the past 10 years, 0710.HK returned 0.69%/yr vs 17.78%/yr for SUBC.OL. At a 0.09 correlation, their price movements are largely independent.
Performance
0710.HK vs. SUBC.OL - Performance Comparison
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Different Trading Currencies
0710.HK is traded in HKD, while SUBC.OL is traded in NOK. To make them comparable, the SUBC.OL values have been converted to HKD using the latest available exchange rates.
Returns By Period
In the year-to-date period, 0710.HK achieves a -6.24% return, which is significantly lower than SUBC.OL's 76.14% return. Over the past 10 years, 0710.HK has underperformed SUBC.OL with an annualized return of 0.69%, while SUBC.OL has yielded a comparatively higher 17.78% annualized return.
0710.HK
- 1D
- 2.78%
- 1M
- 11.86%
- YTD
- -6.24%
- 6M
- -5.69%
- 1Y
- -19.68%
- 3Y*
- -21.97%
- 5Y*
- 4.85%
- 10Y*
- 0.69%
SUBC.OL
- 1D
- -1.47%
- 1M
- -1.47%
- YTD
- 76.14%
- 6M
- 83.41%
- 1Y
- 107.20%
- 3Y*
- 55.38%
- 5Y*
- 31.26%
- 10Y*
- 17.78%
0710.HK vs. SUBC.OL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
0710.HK Boe Varitronix Ltd | -6.24% | -22.07% | -0.22% | -51.52% | 49.70% | 254.54% | 13.54% | 11.03% | -55.55% | 59.88% |
SUBC.OL Subsea 7 S.A. | 76.14% | 37.31% | 12.40% | 30.53% | 63.08% | -28.25% | -13.96% | 24.22% | -32.46% | 23.87% |
Correlation
The correlation between 0710.HK and SUBC.OL 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 | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007 | 0.09 |
The correlation between 0710.HK and SUBC.OL shifts across timeframes, from -0.05 (1 year) to 0.11 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
0710.HK vs. SUBC.OL — Risk / Return Rank
0710.HK
SUBC.OL
0710.HK vs. SUBC.OL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Boe Varitronix Ltd (0710.HK) and Subsea 7 S.A. (SUBC.OL). 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.
| 0710.HK | SUBC.OL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.97 | ||
| Sortino ratioReturn per unit of downside risk | -4.41 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.54 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 8.10 | -8.48 |
| Martin ratioReturn relative to average drawdown | -0.55 | 21.14 | -21.69 |
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
| 0710.HK | SUBC.OL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.45 | 3.53 | -3.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | 0.83 | -0.75 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.01 | 0.43 | -0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.09 | +0.01 |
Drawdowns
0710.HK vs. SUBC.OL - Drawdown Comparison
The maximum 0710.HK drawdown since its inception was -89.60%, roughly equal to the maximum SUBC.OL drawdown of -88.37%. Use the drawdown chart below to compare losses from any high point for 0710.HK and SUBC.OL.
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Drawdown Indicators
| 0710.HK | SUBC.OL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.60% | -88.37% | -1.23% |
Max Drawdown (1Y)Largest decline over 1 year | -52.63% | -13.46% | -39.17% |
Max Drawdown (3Y)Largest decline over 3 years | -66.61% | -33.13% | -33.48% |
Max Drawdown (5Y)Largest decline over 5 years | -78.49% | -38.19% | -40.30% |
Max Drawdown (10Y)Largest decline over 10 years | -78.49% | -78.65% | +0.16% |
Current DrawdownCurrent decline from peak | -73.77% | -5.44% | -68.33% |
Average DrawdownAverage peak-to-trough decline | -48.34% | -42.79% | -5.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.19% | 5.13% | +31.06% |
Volatility
0710.HK vs. SUBC.OL - Volatility Comparison
Boe Varitronix Ltd (0710.HK) has a higher volatility of 13.25% compared to Subsea 7 S.A. (SUBC.OL) at 12.23%. This indicates that 0710.HK's price experiences larger fluctuations and is considered to be riskier than SUBC.OL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 0710.HK | SUBC.OL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.25% | 12.23% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 27.31% | 26.03% | +1.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.60% | 30.99% | +14.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.23% | 37.83% | +24.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.05% | 41.47% | +15.58% |
Dividends
0710.HK vs. SUBC.OL - Dividend Comparison
0710.HK's dividend yield for the trailing twelve months is around 3.53%, less than SUBC.OL's 6.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0710.HK Boe Varitronix Ltd | 3.53% | 3.31% | 2.81% | 3.26% | 1.01% | 0.50% | 0.35% | 0.40% | 0.44% | 0.49% | 41.67% | 8.26% |
SUBC.OL Subsea 7 S.A. | 6.13% | 6.40% | 3.33% | 2.70% | 0.88% | 3.17% | 0.00% | 1.43% | 5.93% | 4.07% | 0.00% | 0.00% |
Financials
0710.HK vs. SUBC.OL - Financials Comparison
This section allows you to compare key financial metrics between Boe Varitronix Ltd and Subsea 7 S.A.. 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
0710.HK and SUBC.OL 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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