ALKS vs. ENEL.MI
ALKS (Alkermes plc) and ENEL.MI (Enel SpA) are both stocks. ALKS operates in Biotechnology (Healthcare), while ENEL.MI operates in Utilities - Diversified (Utilities). Over the past 10 years, ALKS returned -0.05%/yr vs 14.70%/yr for ENEL.MI. At a 0.17 correlation, their price movements are largely independent.
Performance
ALKS vs. ENEL.MI - Performance Comparison
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Different Trading Currencies
ALKS is traded in USD, while ENEL.MI is traded in EUR. To make them comparable, the ENEL.MI values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ALKS achieves a 51.72% return, which is significantly higher than ENEL.MI's 9.19% return. Over the past 10 years, ALKS has underperformed ENEL.MI with an annualized return of -0.05%, while ENEL.MI has yielded a comparatively higher 14.70% annualized return.
ALKS
- 1D
- -0.82%
- 1M
- 21.32%
- YTD
- 51.72%
- 6M
- 44.34%
- 1Y
- 33.87%
- 3Y*
- 10.89%
- 5Y*
- 11.44%
- 10Y*
- -0.05%
ENEL.MI
- 1D
- 1.03%
- 1M
- -2.07%
- YTD
- 9.19%
- 6M
- 11.47%
- 1Y
- 28.61%
- 3Y*
- 27.67%
- 5Y*
- 9.46%
- 10Y*
- 14.70%
ALKS vs. ENEL.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALKS Alkermes plc | 51.72% | -2.71% | 3.68% | 6.16% | 12.34% | 16.59% | -2.21% | -30.87% | -46.08% | -1.53% |
ENEL.MI Enel SpA | 9.19% | 55.03% | 2.97% | 47.75% | -27.90% | -18.13% | 33.84% | 44.17% | -4.17% | 43.51% |
Correlation
The correlation between ALKS and ENEL.MI is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since May 29, 2007 | 0.17 |
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Return for Risk
ALKS vs. ENEL.MI — Risk / Return Rank
ALKS
ENEL.MI
ALKS vs. ENEL.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alkermes plc (ALKS) and Enel SpA (ENEL.MI). 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.
| ALKS | ENEL.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.25 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | 2.19 | -0.66 |
| Martin ratioReturn relative to average drawdown | 3.35 | 6.32 | -2.96 |
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
| ALKS | ENEL.MI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 1.32 | -0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.39 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.00 | 0.59 | -0.59 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.22 | -0.12 |
Drawdowns
ALKS vs. ENEL.MI - Drawdown Comparison
The maximum ALKS drawdown since its inception was -96.14%, which is greater than ENEL.MI's maximum drawdown of -66.08%. Use the drawdown chart below to compare losses from any high point for ALKS and ENEL.MI.
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Drawdown Indicators
| ALKS | ENEL.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.14% | -66.08% | -30.06% |
Max Drawdown (1Y)Largest decline over 1 year | -22.20% | -12.61% | -9.59% |
Max Drawdown (3Y)Largest decline over 3 years | -31.58% | -16.63% | -14.95% |
Max Drawdown (5Y)Largest decline over 5 years | -33.18% | -56.87% | +23.69% |
Max Drawdown (10Y)Largest decline over 10 years | -80.58% | -60.61% | -19.97% |
Current DrawdownCurrent decline from peak | -56.71% | -7.79% | -48.92% |
Average DrawdownAverage peak-to-trough decline | -67.24% | -25.04% | -42.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.54% | 4.37% | +6.17% |
Volatility
ALKS vs. ENEL.MI - Volatility Comparison
Alkermes plc (ALKS) has a higher volatility of 12.00% compared to Enel SpA (ENEL.MI) at 6.65%. This indicates that ALKS's price experiences larger fluctuations and is considered to be riskier than ENEL.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALKS | ENEL.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.00% | 6.65% | +5.35% |
Volatility (6M)Calculated over the trailing 6-month period | 30.15% | 18.54% | +11.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.67% | 20.91% | +19.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.28% | 23.87% | +13.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.28% | 24.72% | +16.56% |
Dividends
ALKS vs. ENEL.MI - Dividend Comparison
ALKS has not paid dividends to shareholders, while ENEL.MI's dividend yield for the trailing twelve months is around 5.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALKS Alkermes plc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ENEL.MI Enel SpA | 5.07% | 5.29% | 6.24% | 5.94% | 7.55% | 5.08% | 3.96% | 3.96% | 2.36% | 2.14% | 1.91% | 2.31% |
Financials
ALKS vs. ENEL.MI - Financials Comparison
This section allows you to compare key financial metrics between Alkermes plc and Enel SpA. 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
ALKS and ENEL.MI have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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