8TRA.DE vs. EOAN.DE
8TRA.DE (Traton SE) and EOAN.DE (E.ON SE) are both stocks. 8TRA.DE operates in Farm & Heavy Construction Machinery (Industrials), while EOAN.DE operates in Utilities - Diversified (Utilities). Over the past 5 years, 8TRA.DE returned 8.31%/yr vs 17.03%/yr for EOAN.DE. At a 0.20 correlation, their price movements are largely independent.
Performance
8TRA.DE vs. EOAN.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 8TRA.DE achieves a 13.44% return, which is significantly lower than EOAN.DE's 15.39% return.
8TRA.DE
- 1D
- -0.40%
- 1M
- 3.65%
- YTD
- 13.44%
- 6M
- 17.29%
- 1Y
- 17.77%
- 3Y*
- 26.36%
- 5Y*
- 8.31%
- 10Y*
- —
EOAN.DE
- 1D
- -0.25%
- 1M
- -1.71%
- YTD
- 15.39%
- 6M
- 20.67%
- 1Y
- 21.26%
- 3Y*
- 21.22%
- 5Y*
- 17.03%
- 10Y*
- 13.93%
8TRA.DE vs. EOAN.DE - Yearly Performance Comparison
Correlation
The correlation between 8TRA.DE and EOAN.DE is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Nov 8, 2019 | 0.20 |
The correlation between 8TRA.DE and EOAN.DE shifts across timeframes, from 0.01 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
8TRA.DE vs. EOAN.DE — Risk / Return Rank
8TRA.DE
EOAN.DE
8TRA.DE vs. EOAN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Traton SE (8TRA.DE) and E.ON SE (EOAN.DE). 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.
| 8TRA.DE | EOAN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.17 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.70 | 1.83 | -1.13 |
| Martin ratioReturn relative to average drawdown | 1.36 | 4.25 | -2.89 |
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
| 8TRA.DE | EOAN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.47 | 0.94 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.79 | -0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.26 | 0.00 |
Drawdowns
8TRA.DE vs. EOAN.DE - Drawdown Comparison
The maximum 8TRA.DE drawdown since its inception was -56.67%, smaller than the maximum EOAN.DE drawdown of -76.89%. Use the drawdown chart below to compare losses from any high point for 8TRA.DE and EOAN.DE.
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Drawdown Indicators
| 8TRA.DE | EOAN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.67% | -76.89% | +20.22% |
Max Drawdown (1Y)Largest decline over 1 year | -21.71% | -10.76% | -10.95% |
Max Drawdown (3Y)Largest decline over 3 years | -33.99% | -23.36% | -10.63% |
Max Drawdown (5Y)Largest decline over 5 years | -55.87% | -37.02% | -18.85% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.02% | — |
Current DrawdownCurrent decline from peak | -6.59% | -8.34% | +1.75% |
Average DrawdownAverage peak-to-trough decline | -21.83% | -32.85% | +11.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.18% | 4.65% | +6.53% |
Volatility
8TRA.DE vs. EOAN.DE - Volatility Comparison
Traton SE (8TRA.DE) has a higher volatility of 8.07% compared to E.ON SE (EOAN.DE) at 7.29%. This indicates that 8TRA.DE's price experiences larger fluctuations and is considered to be riskier than EOAN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 8TRA.DE | EOAN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.07% | 7.29% | +0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 24.19% | 17.45% | +6.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.25% | 20.93% | +11.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.93% | 21.41% | +12.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.53% | 22.61% | +13.92% |
Dividends
8TRA.DE vs. EOAN.DE - Dividend Comparison
8TRA.DE has not paid dividends to shareholders, while EOAN.DE's dividend yield for the trailing twelve months is around 3.16%.
Financials
8TRA.DE vs. EOAN.DE - Financials Comparison
This section allows you to compare key financial metrics between Traton SE and E.ON SE. 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
8TRA.DE and EOAN.DE have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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