AKRBY vs. KBGGY
AKRBY (Aker BP ASA) and KBGGY (Kongsberg Gruppen ASA) are both stocks. AKRBY operates in Oil & Gas E&P (Energy), while KBGGY operates in Aerospace & Defense (Industrials). Over the past 3 years, AKRBY returned 21.81%/yr vs 63.45%/yr for KBGGY. At a 0.11 correlation, their price movements are largely independent.
Performance
AKRBY vs. KBGGY - Performance Comparison
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Returns By Period
In the year-to-date period, AKRBY achieves a 26.34% return, which is significantly lower than KBGGY's 38.69% return.
AKRBY
- 1D
- -10.86%
- 1M
- -14.75%
- YTD
- 26.34%
- 6M
- 21.61%
- 1Y
- 31.64%
- 3Y*
- 21.81%
- 5Y*
- —
- 10Y*
- —
KBGGY
- 1D
- -4.04%
- 1M
- -12.15%
- YTD
- 38.69%
- 6M
- 34.77%
- 1Y
- -4.06%
- 3Y*
- 63.45%
- 5Y*
- —
- 10Y*
- —
AKRBY vs. KBGGY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AKRBY Aker BP ASA | 26.34% | 46.41% | -15.83% | 16.09% |
KBGGY Kongsberg Gruppen ASA | 38.69% | 19.00% | 164.60% | -2.54% |
Correlation
The correlation between AKRBY and KBGGY is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since May 19, 2023 | 0.11 |
The correlation between AKRBY and KBGGY shifts across timeframes, from 0.11 (3 years) to 0.22 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
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Return for Risk
AKRBY vs. KBGGY — Risk / Return Rank
AKRBY
KBGGY
AKRBY vs. KBGGY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aker BP ASA (AKRBY) and Kongsberg Gruppen ASA (KBGGY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AKRBY | KBGGY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.03 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | -0.10 | +1.13 |
| Martin ratioReturn relative to average drawdown | 3.13 | -0.20 | +3.32 |
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Drawdowns
AKRBY vs. KBGGY - Drawdown Comparison
The maximum AKRBY drawdown since its inception was -33.82%, smaller than the maximum KBGGY drawdown of -68.35%. Use the drawdown chart below to compare losses from any high point for AKRBY and KBGGY.
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Drawdown Indicators
| AKRBY | KBGGY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.82% | -68.35% | +34.53% |
Max Drawdown (1Y)Largest decline over 1 year | -31.09% | -40.44% | +9.35% |
Max Drawdown (3Y)Largest decline over 3 years | -33.82% | -68.35% | +34.53% |
Current DrawdownCurrent decline from peak | -31.09% | -50.30% | +19.21% |
Average DrawdownAverage peak-to-trough decline | -10.92% | -20.50% | +9.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.32% | 20.81% | -10.49% |
Volatility
AKRBY vs. KBGGY - Volatility Comparison
Aker BP ASA (AKRBY) has a higher volatility of 22.11% compared to Kongsberg Gruppen ASA (KBGGY) at 11.40%. This indicates that AKRBY's price experiences larger fluctuations and is considered to be riskier than KBGGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AKRBY | KBGGY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.11% | 11.40% | +10.71% |
Volatility (6M)Calculated over the trailing 6-month period | 54.56% | 37.44% | +17.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.42% | 52.82% | +14.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.79% | 61.30% | -1.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.79% | 61.30% | -1.51% |
Dividends
AKRBY vs. KBGGY - Dividend Comparison
AKRBY's dividend yield for the trailing twelve months is around 8.22%, less than KBGGY's 27.41% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AKRBY Aker BP ASA | 8.22% | 9.75% | 12.28% | 15.16% |
KBGGY Kongsberg Gruppen ASA | 27.41% | 5.82% | 1.18% | 0.00% |
Financials
AKRBY vs. KBGGY - Financials Comparison
This section allows you to compare key financial metrics between Aker BP ASA and Kongsberg Gruppen ASA. 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
AKRBY and KBGGY have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AKRBY has higher volatility (22.11%) compared to KBGGY (11.40%). In terms of maximum drawdown, AKRBY dropped -33.82% vs KBGGY's -68.35%.
AKRBY currently has the higher Sharpe Ratio (0.48 vs -0.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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