1FRVIA.MI vs. FR.PA
1FRVIA.MI (Forvia SE) and FR.PA (Valeo SA) are both stocks. Both operate in the Auto Parts industry within the Consumer Cyclical sector. Over the past 5 years, 1FRVIA.MI returned -22.98%/yr vs -8.42%/yr for FR.PA. A 0.76 correlation means they provide meaningful diversification when combined.
Performance
1FRVIA.MI vs. FR.PA - Performance Comparison
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Returns By Period
In the year-to-date period, 1FRVIA.MI achieves a -18.91% return, which is significantly lower than FR.PA's 38.36% return.
1FRVIA.MI
- 1D
- -3.27%
- 1M
- 5.71%
- YTD
- -18.91%
- 6M
- -13.68%
- 1Y
- 45.50%
- 3Y*
- -18.48%
- 5Y*
- -22.98%
- 10Y*
- —
FR.PA
- 1D
- -6.49%
- 1M
- 41.33%
- YTD
- 38.36%
- 6M
- 39.86%
- 1Y
- 88.41%
- 3Y*
- -3.02%
- 5Y*
- -8.42%
- 10Y*
- -7.63%
1FRVIA.MI vs. FR.PA - Yearly Performance Comparison
Correlation
The correlation between 1FRVIA.MI and FR.PA is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Mar 11, 2021 | 0.76 |
The correlation between 1FRVIA.MI and FR.PA has been stable across timeframes, ranging from 0.72 to 0.77 - a consistent structural relationship.
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Return for Risk
1FRVIA.MI vs. FR.PA — Risk / Return Rank
1FRVIA.MI
FR.PA
1FRVIA.MI vs. FR.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Forvia SE (1FRVIA.MI) and Valeo SA (FR.PA). 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.
| 1FRVIA.MI | FR.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.32 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 2.98 | -1.94 |
| Martin ratioReturn relative to average drawdown | 2.46 | 7.89 | -5.43 |
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
| 1FRVIA.MI | FR.PA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 1.73 | -0.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.43 | -0.18 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.17 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.41 | 0.15 | -0.56 |
Drawdowns
1FRVIA.MI vs. FR.PA - Drawdown Comparison
The maximum 1FRVIA.MI drawdown since its inception was -88.01%, roughly equal to the maximum FR.PA drawdown of -88.08%. Use the drawdown chart below to compare losses from any high point for 1FRVIA.MI and FR.PA.
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Drawdown Indicators
| 1FRVIA.MI | FR.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.01% | -88.08% | +0.07% |
Max Drawdown (1Y)Largest decline over 1 year | -39.24% | -27.41% | -11.83% |
Max Drawdown (3Y)Largest decline over 3 years | -78.20% | -67.64% | -10.56% |
Max Drawdown (5Y)Largest decline over 5 years | -87.58% | -75.12% | -12.46% |
Max Drawdown (10Y)Largest decline over 10 years | — | -87.87% | — |
Current DrawdownCurrent decline from peak | -74.72% | -69.93% | -4.79% |
Average DrawdownAverage peak-to-trough decline | -58.35% | -41.75% | -16.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.50% | 10.39% | +6.11% |
Volatility
1FRVIA.MI vs. FR.PA - Volatility Comparison
The current volatility for Forvia SE (1FRVIA.MI) is 11.32%, while Valeo SA (FR.PA) has a volatility of 21.67%. This indicates that 1FRVIA.MI experiences smaller price fluctuations and is considered to be less risky than FR.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 1FRVIA.MI | FR.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.32% | 21.67% | -10.35% |
Volatility (6M)Calculated over the trailing 6-month period | 29.43% | 36.45% | -7.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.44% | 47.28% | -2.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.13% | 45.83% | +7.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.71% | 44.28% | +8.43% |
Dividends
1FRVIA.MI vs. FR.PA - Dividend Comparison
1FRVIA.MI has not paid dividends to shareholders, while FR.PA's dividend yield for the trailing twelve months is around 2.83%.
Financials
1FRVIA.MI vs. FR.PA - Financials Comparison
This section allows you to compare key financial metrics between Forvia SE and Valeo SA. 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
1FRVIA.MI and FR.PA have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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