ABB.NS vs. POWERINDIA.NS
ABB.NS (ABB India Limited) and POWERINDIA.NS (Hitachi Energy India Limited) are both stocks. ABB.NS operates in Specialty Industrial Machinery (Industrials), while POWERINDIA.NS operates in Electronic Components (Technology). Over the past 5 years, ABB.NS returned 34.77%/yr vs 80.78%/yr for POWERINDIA.NS. At a 0.23 correlation, their price movements are largely independent.
Performance
ABB.NS vs. POWERINDIA.NS - Performance Comparison
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Returns By Period
In the year-to-date period, ABB.NS achieves a 39.05% return, which is significantly lower than POWERINDIA.NS's 99.48% return.
ABB.NS
- 1D
- -0.54%
- 1M
- -2.48%
- YTD
- 39.05%
- 6M
- 39.09%
- 1Y
- 19.29%
- 3Y*
- 21.74%
- 5Y*
- 34.77%
- 10Y*
- 21.21%
POWERINDIA.NS
- 1D
- 3.79%
- 1M
- 6.63%
- YTD
- 99.48%
- 6M
- 81.85%
- 1Y
- 84.51%
- 3Y*
- 111.35%
- 5Y*
- 80.78%
- 10Y*
- —
ABB.NS vs. POWERINDIA.NS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ABB.NS ABB India Limited | 39.05% | -24.67% | 48.77% | 74.99% | 19.86% | 85.56% | 38.35% |
POWERINDIA.NS Hitachi Energy India Limited | 99.48% | 27.08% | 173.86% | 57.39% | 32.59% | 95.70% | 81.04% |
Correlation
The correlation between ABB.NS and POWERINDIA.NS is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2020 | 0.23 |
The correlation between ABB.NS and POWERINDIA.NS shifts across timeframes, from 0.23 (all time) to 0.39 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ABB.NS vs. POWERINDIA.NS — Risk / Return Rank
ABB.NS
POWERINDIA.NS
ABB.NS vs. POWERINDIA.NS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ABB India Limited (ABB.NS) and Hitachi Energy India Limited (POWERINDIA.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.
| ABB.NS | POWERINDIA.NS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.26 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.32 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.81 | 2.94 | -2.13 |
| Martin ratioReturn relative to average drawdown | 1.49 | 7.71 | -6.22 |
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
| ABB.NS | POWERINDIA.NS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 1.95 | -1.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.06 | 1.82 | -0.75 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 2.07 | -1.66 |
Drawdowns
ABB.NS vs. POWERINDIA.NS - Drawdown Comparison
The maximum ABB.NS drawdown since its inception was -78.59%, which is greater than POWERINDIA.NS's maximum drawdown of -40.31%. Use the drawdown chart below to compare losses from any high point for ABB.NS and POWERINDIA.NS.
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Drawdown Indicators
| ABB.NS | POWERINDIA.NS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.59% | -40.31% | -38.28% |
Max Drawdown (1Y)Largest decline over 1 year | -24.45% | -28.75% | +4.30% |
Max Drawdown (3Y)Largest decline over 3 years | -47.54% | -40.31% | -7.23% |
Max Drawdown (5Y)Largest decline over 5 years | -47.54% | -40.31% | -7.23% |
Max Drawdown (10Y)Largest decline over 10 years | -52.08% | — | — |
Current DrawdownCurrent decline from peak | -19.69% | -4.99% | -14.70% |
Average DrawdownAverage peak-to-trough decline | -30.09% | -8.75% | -21.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.12% | 10.97% | +2.15% |
Volatility
ABB.NS vs. POWERINDIA.NS - Volatility Comparison
ABB India Limited (ABB.NS) and Hitachi Energy India Limited (POWERINDIA.NS) have volatilities of 13.97% and 13.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABB.NS | POWERINDIA.NS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.97% | 13.72% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 24.82% | 31.70% | -6.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.65% | 43.38% | -14.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.35% | 45.43% | -12.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.78% | 43.96% | -12.18% |
Dividends
ABB.NS vs. POWERINDIA.NS - Dividend Comparison
ABB.NS's dividend yield for the trailing twelve months is around 0.55%, more than POWERINDIA.NS's 0.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABB.NS ABB India Limited | 0.55% | 0.84% | 0.50% | 0.24% | 0.19% | 0.22% | 0.40% | 0.37% | 0.37% | 0.32% | 0.39% | 0.37% |
POWERINDIA.NS Hitachi Energy India Limited | 0.02% | 0.03% | 0.03% | 0.06% | 0.09% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ABB.NS vs. POWERINDIA.NS - Financials Comparison
This section allows you to compare key financial metrics between ABB India Limited and Hitachi Energy India Limited. 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
ABB.NS and POWERINDIA.NS have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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