AJAX.AS vs. AFMD

Last updated Jun 4, 2026

AJAX.AS (AFC Ajax NV) and AFMD (Affimed N.V.) are both stocks. AJAX.AS operates in Entertainment (Communication Services), while AFMD operates in Biotechnology (Healthcare). At a 0.07 correlation, their price movements are largely independent.

Performance

AJAX.AS vs. AFMD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in AFC Ajax NV (AJAX.AS) and Affimed N.V. (AFMD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AJAX.AS is traded in EUR, while AFMD is traded in USD. To make them comparable, the AFMD values have been converted to EUR using the latest available exchange rates.

Returns By Period

AJAX.AS

• 1D: -0.92%
• 1M: 0.23%
• YTD: 0.94%
• 6M: -5.30%
• 1Y: -12.27%
• 3Y*: -8.92%
• 5Y*: -10.66%
• 10Y*: 0.50%

AFMD

• 1D: 0.22%
• 1M: 0.71%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AJAX.AS vs. AFMD - Yearly Performance Comparison

	2026 (YTD)
AJAX.AS AFC Ajax NV	-6.54%
AFMD Affimed N.V.	1.78%

Correlation

The correlation between AJAX.AS and AFMD is 0.07, 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 (All Time) Calculated using the full available price history since Feb 9, 2026	0.07

Return for Risk

AJAX.AS vs. AFMD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AJAX.AS

AJAX.AS Risk / Return Rank: 12
AJAX.AS Sharpe Ratio Rank: 12
AJAX.AS Sortino Ratio Rank: 12
AJAX.AS Omega Ratio Rank: 13
AJAX.AS Calmar Ratio Rank: 12
AJAX.AS Martin Ratio Rank: 10

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.

AJAX.AS vs. AFMD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AFC Ajax NV (AJAX.AS) and Affimed N.V. (AFMD). 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.

	AJAX.AS	AFMD	Difference
Sharpe ratio: Return per unit of total volatility	-0.70	—	—
Sortino ratio: Return per unit of downside risk	-0.95	—	—
Omega ratio: Gain probability vs. loss probability	0.89	—	—
Calmar ratio: Return relative to maximum drawdown	-0.77	—	—
Martin ratio: Return relative to average drawdown	-1.35	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AJAX.AS	AFMD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.70	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.53	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	1.04	-1.16

Drawdowns

AJAX.AS vs. AFMD - Drawdown Comparison

The maximum AJAX.AS drawdown since its inception was -89.14%, which is greater than AFMD's maximum drawdown of -2.84%. Use the drawdown chart below to compare losses from any high point for AJAX.AS and AFMD.

Drawdown Indicators

	AJAX.AS	AFMD	Difference
Max Drawdown Largest peak-to-trough decline	-89.14%	-2.84%	-86.30%
Max Drawdown (1Y) Largest decline over 1 year	-15.76%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.73%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-45.92%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-65.54%	—	—
Current Drawdown Current decline from peak	-69.26%	-1.25%	-68.01%
Average Drawdown Average peak-to-trough decline	-66.92%	-1.22%	-65.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.03%	—	—

Volatility

Volatility by Period

	AJAX.AS	AFMD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.46%	5.67%	+11.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.86%	5.67%	+14.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.90%	5.67%	+18.23%

Dividends

AJAX.AS vs. AFMD - Dividend Comparison

Neither AJAX.AS nor AFMD has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AFMD Affimed N.V.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
AJAX.AS AFC Ajax NV	0.00%	0.00%	0.00%	0.90%	0.00%	0.00%	0.00%	1.17%	0.00%	2.40%	0.00%	0.94%

Financials

Frequently Asked Questions

Can I hold both AJAX.AS and AFMD in my portfolio?

AJAX.AS and AFMD have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.