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ALK-B.CO vs. MELI
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

ALK-B.CO vs. MELI

Last updated Jun 5, 2026

ALK-B.CO (ALK-Abelló A/S) and MELI (MercadoLibre, Inc.) are both stocks. ALK-B.CO operates in Biotechnology (Healthcare), while MELI operates in Internet Retail (Consumer Cyclical). Over the past 10 years, ALK-B.CO returned 15.94%/yr vs 27.72%/yr for MELI. At a 0.16 correlation, their price movements are largely independent.

Performance

ALK-B.CO vs. MELI - Performance Comparison

The chart below illustrates the hypothetical performance of a DKK 10,000 investment in ALK-Abelló A/S (ALK-B.CO) and MercadoLibre, Inc. (MELI). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

ALK-B.CO is traded in DKK, while MELI is traded in USD. To make them comparable, the MELI values have been converted to DKK using the latest available exchange rates.

Returns By Period

In the year-to-date period, ALK-B.CO achieves a 17.33% return, which is significantly higher than MELI's -18.58% return. Over the past 10 years, ALK-B.CO has underperformed MELI with an annualized return of 15.94%, while MELI has yielded a comparatively higher 27.72% annualized return.

ALK-B.CO

1D
1.53%
1M
3.26%
YTD
17.33%
6M
17.74%
1Y
46.73%
3Y*
48.44%
5Y*
14.30%
10Y*
15.94%

MELI

1D
-0.90%
1M
-10.95%
YTD
-18.58%
6M
-21.32%
1Y
-38.03%
3Y*
6.07%
5Y*
5.18%
10Y*
27.72%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ALK-B.CO vs. MELI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ALK-B.CO
ALK-Abelló A/S		17.33%43.68%57.21%5.36%-43.99%37.20%52.91%70.31%29.73%-19.14%
MELI
MercadoLibre, Inc.		-18.58%4.58%15.39%80.59%-33.33%-13.61%167.70%99.87%-2.33%77.35%

Correlation

The correlation between ALK-B.CO and MELI is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.12

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

0.11

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

0.18

Correlation (10Y)
Calculated over the trailing 10-year period

0.16

Correlation (All Time)
Calculated using the full available price history since Aug 31, 2007

0.16

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ALK-Abelló A/S

MercadoLibre, Inc.

Often compared with ALK-B.CO:
ALK-B.CO vs. NVOALK-B.CO vs. CEPUALK-B.CO vs. NOWALK-B.CO vs. GMABALK-B.CO vs. NVDAALK-B.CO vs. ANETALK-B.CO vs. CPRX
Often compared with MELI:
MELI vs. AMZNMELI vs. CPNGMELI vs. VOOMELI vs. DISMELI vs. QQQMELI vs. PDDMELI vs. LLY

Return for Risk

ALK-B.CO vs. MELI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ALK-B.CO
ALK-B.CO Risk / Return Rank: 8585
Overall Rank
ALK-B.CO Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
ALK-B.CO Sortino Ratio Rank: 8888
Sortino Ratio Rank
ALK-B.CO Omega Ratio Rank: 8383
Omega Ratio Rank
ALK-B.CO Calmar Ratio Rank: 8282
Calmar Ratio Rank
ALK-B.CO Martin Ratio Rank: 8484
Martin Ratio Rank
MELI
MELI Risk / Return Rank: 66
Overall Rank
MELI Sharpe Ratio Rank: 55
Sharpe Ratio Rank
MELI Sortino Ratio Rank: 88
Sortino Ratio Rank
MELI Omega Ratio Rank: 88
Omega Ratio Rank
MELI Calmar Ratio Rank: 55
Calmar Ratio Rank
MELI Martin Ratio Rank: 33
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.

ALK-B.CO vs. MELI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALK-Abelló A/S (ALK-B.CO) and MercadoLibre, Inc. (MELI). 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.

ALK-B.COMELIDifference
Sharpe ratioReturn per unit of total volatility
1.78
-0.97

+2.75

Sortino ratioReturn per unit of downside risk
2.96
-1.26

+4.23

Omega ratioGain probability vs. loss probability

1.33

0.83

+0.50

Calmar ratioReturn relative to maximum drawdown

3.00

-0.95

+3.94

Martin ratioReturn relative to average drawdown

8.37

-1.74

+10.11

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

ALK-B.CO vs. MELI - Sharpe Ratio Comparison

The current ALK-B.CO Sharpe Ratio is 1.78, which is higher than the MELI Sharpe Ratio of -0.97. The chart below compares the historical Sharpe Ratios of ALK-B.CO and MELI, 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

ALK-B.COMELIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.78

-0.97

+2.75

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

0.11

+0.29

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.45

0.57

-0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.40

0.47

-0.08

Drawdowns

ALK-B.CO vs. MELI - Drawdown Comparison

The maximum ALK-B.CO drawdown since its inception was -80.49%, smaller than the maximum MELI drawdown of -87.59%. Use the drawdown chart below to compare losses from any high point for ALK-B.CO and MELI.

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Drawdown Indicators

ALK-B.COMELIDifference

Max Drawdown

Largest peak-to-trough decline

-80.49%

-87.59%

+7.10%

Max Drawdown (1Y)

Largest decline over 1 year

-15.89%

-40.29%

+24.40%

Max Drawdown (3Y)

Largest decline over 3 years

-27.77%

-42.82%

+15.05%

Max Drawdown (5Y)

Largest decline over 5 years

-58.84%

-64.80%

+5.96%

Max Drawdown (10Y)

Largest decline over 10 years

-58.84%

-64.80%

+5.96%

Current Drawdown

Current decline from peak

-0.67%

-39.63%

+38.96%

Average Drawdown

Average peak-to-trough decline

-31.62%

-21.71%

-9.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.64%

23.04%

-17.40%

Volatility

ALK-B.CO vs. MELI - Volatility Comparison

The current volatility for ALK-Abelló A/S (ALK-B.CO) is 8.61%, while MercadoLibre, Inc. (MELI) has a volatility of 17.60%. This indicates that ALK-B.CO experiences smaller price fluctuations and is considered to be less risky than MELI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ALK-B.COMELIDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.61%

17.60%

-8.99%

Volatility (6M)

Calculated over the trailing 6-month period

18.32%

29.81%

-11.49%

Volatility (1Y)

Calculated over the trailing 1-year period

26.76%

39.42%

-12.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

36.65%

48.77%

-12.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

35.40%

48.58%

-13.18%

Dividends

ALK-B.CO vs. MELI - Dividend Comparison

ALK-B.CO's dividend yield for the trailing twelve months is around 0.60%, while MELI has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
ALK-B.CO
ALK-Abelló A/S		0.60%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.68%0.54%0.57%
MELI
MercadoLibre, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.19%0.38%0.36%

Financials

ALK-B.CO vs. MELI - Financials Comparison

This section allows you to compare key financial metrics between ALK-Abelló A/S and MercadoLibre, Inc.. 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

Please note, different currencies. ALK-B.CO values in DKK, MELI values in USD

Frequently Asked Questions

ALK-B.CO and MELI have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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