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ADJ.DE vs. BFSA.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

ADJ.DE vs. BFSA.DE

Last updated Jun 5, 2026

ADJ.DE (Adler Group SA) and BFSA.DE (Befesa SA) are both stocks. ADJ.DE operates in Real Estate - Services (Real Estate), while BFSA.DE operates in Waste Management (Industrials). Over the past 5 years, ADJ.DE returned -64.07%/yr vs -7.39%/yr for BFSA.DE. At a 0.15 correlation, their price movements are largely independent.

Performance

ADJ.DE vs. BFSA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Adler Group SA (ADJ.DE) and Befesa SA (BFSA.DE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, ADJ.DE achieves a -23.62% return, which is significantly lower than BFSA.DE's 21.02% return.

ADJ.DE

1D
-5.00%
1M
-7.88%
YTD
-23.62%
6M
-29.30%
1Y
-41.54%
3Y*
-35.33%
5Y*
-64.07%
10Y*
-40.35%

BFSA.DE

1D
-0.70%
1M
5.62%
YTD
21.02%
6M
30.01%
1Y
30.47%
3Y*
1.63%
5Y*
-7.39%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

ADJ.DE vs. BFSA.DE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ADJ.DE
Adler Group SA		-23.62%-40.60%-36.79%-60.59%-87.66%-61.65%3.32%-28.16%9.07%-3.65%
BFSA.DE
Befesa SA		21.02%45.62%-39.64%-20.24%-31.56%32.76%38.78%5.34%-5.18%26.69%

Correlation

The correlation between ADJ.DE and BFSA.DE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.14

Correlation (3Y)
Calculated over the trailing 3-year period

0.10

Correlation (5Y)
Calculated over the trailing 5-year period

0.17

Correlation (All Time)
Calculated using the full available price history since Nov 6, 2017

0.15

Compare stocks, funds, or ETFs

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Adler Group SA

Befesa SA

Often compared with ADJ.DE:
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Often compared with BFSA.DE:
BFSA.DE vs. AT1.DEBFSA.DE vs. APAM.ASBFSA.DE vs. ARRD.DEBFSA.DE vs. AGRO

Return for Risk

ADJ.DE vs. BFSA.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ADJ.DE
ADJ.DE Risk / Return Rank: 88
Overall Rank
ADJ.DE Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
ADJ.DE Sortino Ratio Rank: 1313
Sortino Ratio Rank
ADJ.DE Omega Ratio Rank: 1515
Omega Ratio Rank
ADJ.DE Calmar Ratio Rank: 00
Calmar Ratio Rank
ADJ.DE Martin Ratio Rank: 33
Martin Ratio Rank
BFSA.DE
BFSA.DE Risk / Return Rank: 6969
Overall Rank
BFSA.DE Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
BFSA.DE Sortino Ratio Rank: 6666
Sortino Ratio Rank
BFSA.DE Omega Ratio Rank: 6565
Omega Ratio Rank
BFSA.DE Calmar Ratio Rank: 7070
Calmar Ratio Rank
BFSA.DE Martin Ratio Rank: 7373
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ADJ.DE vs. BFSA.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adler Group SA (ADJ.DE) and Befesa SA (BFSA.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.

ADJ.DEBFSA.DEDifference
Sharpe ratioReturn per unit of total volatility
-0.72
0.94

-1.66

Sortino ratioReturn per unit of downside risk
-0.88
1.55

-2.43

Omega ratioGain probability vs. loss probability

0.90

1.19

-0.29

Calmar ratioReturn relative to maximum drawdown

-1.01

1.64

-2.65

Martin ratioReturn relative to average drawdown

-1.69

4.38

-6.07

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ADJ.DE vs. BFSA.DE - Sharpe Ratio Comparison

The current ADJ.DE Sharpe Ratio is -0.72, which is lower than the BFSA.DE Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of ADJ.DE and BFSA.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ADJ.DEBFSA.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.72

0.94

-1.66

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.71

-0.20

-0.51

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.60

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.53

0.10

-0.63

Drawdowns

ADJ.DE vs. BFSA.DE - Drawdown Comparison

The maximum ADJ.DE drawdown since its inception was -99.76%, which is greater than BFSA.DE's maximum drawdown of -73.77%. Use the drawdown chart below to compare losses from any high point for ADJ.DE and BFSA.DE.

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Drawdown Indicators

ADJ.DEBFSA.DEDifference

Max Drawdown

Largest peak-to-trough decline

-99.76%

-73.77%

-25.99%

Max Drawdown (1Y)

Largest decline over 1 year

-41.09%

-18.53%

-22.56%

Max Drawdown (3Y)

Largest decline over 3 years

-84.88%

-50.55%

-34.33%

Max Drawdown (5Y)

Largest decline over 5 years

-99.58%

-73.77%

-25.81%

Max Drawdown (10Y)

Largest decline over 10 years

-99.76%

—

—

Current Drawdown

Current decline from peak

-99.67%

-46.10%

-53.57%

Average Drawdown

Average peak-to-trough decline

-53.24%

-32.27%

-20.97%

Ulcer Index

Depth and duration of drawdowns from previous peaks

24.58%

6.93%

+17.65%

Volatility

ADJ.DE vs. BFSA.DE - Volatility Comparison

Adler Group SA (ADJ.DE) has a higher volatility of 13.45% compared to Befesa SA (BFSA.DE) at 8.51%. This indicates that ADJ.DE's price experiences larger fluctuations and is considered to be riskier than BFSA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ADJ.DEBFSA.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.45%

8.51%

+4.94%

Volatility (6M)

Calculated over the trailing 6-month period

39.63%

25.17%

+14.46%

Volatility (1Y)

Calculated over the trailing 1-year period

57.54%

32.44%

+25.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

89.36%

36.41%

+52.95%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

67.12%

35.27%

+31.85%

Dividends

ADJ.DE vs. BFSA.DE - Dividend Comparison

ADJ.DE has not paid dividends to shareholders, while BFSA.DE's dividend yield for the trailing twelve months is around 1.79%.

PositionTTM2025202420232022202120202019201820172016
ADJ.DE
Adler Group SA		0.00%0.00%0.00%0.00%0.00%4.22%0.00%2.34%1.32%1.06%1.09%
BFSA.DE
Befesa SA		1.79%2.17%3.52%2.07%2.77%1.74%1.41%3.47%1.95%0.00%0.00%

Financials

ADJ.DE vs. BFSA.DE - Financials Comparison

This section allows you to compare key financial metrics between Adler Group SA and Befesa 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.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

Values in EUR except per share items

Frequently Asked Questions

ADJ.DE and BFSA.DE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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