ALKYLAMINE.NS vs. ^NIFTY500
Compare and contrast key facts about Alkyl Amines Chemicals Limited (ALKYLAMINE.NS) and Nifty 500 (^NIFTY500).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALKYLAMINE.NS or ^NIFTY500.
Key characteristics
| ALKYLAMINE.NS | ^NIFTY500 | |
|---|---|---|
| YTD Return | -19.35% | 8.07% |
| 1Y Return | -13.17% | 37.96% |
| 3Y Return (Ann) | -15.52% | 19.68% |
| 5Y Return (Ann) | 45.41% | 17.18% |
| 10Y Return (Ann) | 45.44% | 15.20% |
| Sharpe Ratio | -0.45 | 3.89 |
| Daily Std Dev | 32.30% | 10.41% |
| Max Drawdown | -69.85% | -68.02% |
| Current Drawdown | -55.44% | 0.00% |
Correlation
The correlation between ALKYLAMINE.NS and ^NIFTY500 is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ALKYLAMINE.NS vs. ^NIFTY500 - Performance Comparison
In the year-to-date period, ALKYLAMINE.NS achieves a -19.35% return, which is significantly lower than ^NIFTY500's 8.07% return. Over the past 10 years, ALKYLAMINE.NS has outperformed ^NIFTY500 with an annualized return of 45.44%, while ^NIFTY500 has yielded a comparatively lower 15.20% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ALKYLAMINE.NS vs. ^NIFTY500 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alkyl Amines Chemicals Limited (ALKYLAMINE.NS) and Nifty 500 (^NIFTY500). 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.
Drawdowns
ALKYLAMINE.NS vs. ^NIFTY500 - Drawdown Comparison
The maximum ALKYLAMINE.NS drawdown since its inception was -69.85%, roughly equal to the maximum ^NIFTY500 drawdown of -68.02%. Use the drawdown chart below to compare losses from any high point for ALKYLAMINE.NS and ^NIFTY500. For additional features, visit the drawdowns tool.
Volatility
ALKYLAMINE.NS vs. ^NIFTY500 - Volatility Comparison
Alkyl Amines Chemicals Limited (ALKYLAMINE.NS) has a higher volatility of 13.62% compared to Nifty 500 (^NIFTY500) at 2.69%. This indicates that ALKYLAMINE.NS's price experiences larger fluctuations and is considered to be riskier than ^NIFTY500 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.