AM.PA vs. CHG.L
AM.PA (Dassault Aviation SA) and CHG.L (Chemring Group plc) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, AM.PA returned 13.36%/yr vs 15.33%/yr for CHG.L. At a 0.18 correlation, their price movements are largely independent.
Performance
AM.PA vs. CHG.L - Performance Comparison
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Different Trading Currencies
AM.PA is traded in EUR, while CHG.L is traded in GBp. To make them comparable, the CHG.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with AM.PA having a 9.81% return and CHG.L slightly higher at 10.03%. Over the past 10 years, AM.PA has underperformed CHG.L with an annualized return of 13.36%, while CHG.L has yielded a comparatively higher 15.33% annualized return.
AM.PA
- 1D
- 3.14%
- 1M
- 3.67%
- YTD
- 9.81%
- 6M
- 11.52%
- 1Y
- -4.61%
- 3Y*
- 24.01%
- 5Y*
- 26.17%
- 10Y*
- 13.36%
CHG.L
- 1D
- 1.94%
- 1M
- 6.12%
- YTD
- 10.03%
- 6M
- 8.27%
- 1Y
- -13.36%
- 3Y*
- 22.20%
- 5Y*
- 13.47%
- 10Y*
- 15.33%
AM.PA vs. CHG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AM.PA Dassault Aviation SA | 9.81% | 40.99% | 11.84% | 15.29% | 69.25% | 7.26% | -23.33% | -1.64% | -5.90% | 23.37% |
CHG.L Chemring Group plc | 10.03% | 38.90% | 0.15% | 22.92% | -3.12% | 12.04% | 14.33% | 62.21% | -11.98% | 5.11% |
Correlation
The correlation between AM.PA and CHG.L is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2007 | 0.18 |
Over the past year, AM.PA and CHG.L have become more correlated (0.54) than their long-term average of 0.18, meaning their price movements have been converging.
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Return for Risk
AM.PA vs. CHG.L — Risk / Return Rank
AM.PA
CHG.L
AM.PA vs. CHG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dassault Aviation SA (AM.PA) and Chemring Group plc (CHG.L). 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.
| AM.PA | CHG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.95 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.24 | -0.56 | +0.32 |
| Martin ratioReturn relative to average drawdown | -0.42 | -1.08 | +0.65 |
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
| AM.PA | CHG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.16 | -0.42 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | 0.45 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.45 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.07 | +0.37 |
Drawdowns
AM.PA vs. CHG.L - Drawdown Comparison
The maximum AM.PA drawdown since its inception was -62.62%, smaller than the maximum CHG.L drawdown of -77.99%. Use the drawdown chart below to compare losses from any high point for AM.PA and CHG.L.
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Drawdown Indicators
| AM.PA | CHG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.62% | -77.99% | +15.37% |
Max Drawdown (1Y)Largest decline over 1 year | -20.80% | -23.72% | +2.92% |
Max Drawdown (3Y)Largest decline over 3 years | -22.02% | -26.92% | +4.90% |
Max Drawdown (5Y)Largest decline over 5 years | -29.32% | -30.26% | +0.94% |
Max Drawdown (10Y)Largest decline over 10 years | -62.62% | -47.53% | -15.09% |
Current DrawdownCurrent decline from peak | -14.92% | -13.57% | -1.35% |
Average DrawdownAverage peak-to-trough decline | -17.42% | -43.58% | +26.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.87% | 12.40% | -2.53% |
Volatility
AM.PA vs. CHG.L - Volatility Comparison
The current volatility for Dassault Aviation SA (AM.PA) is 8.91%, while Chemring Group plc (CHG.L) has a volatility of 13.35%. This indicates that AM.PA experiences smaller price fluctuations and is considered to be less risky than CHG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AM.PA | CHG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.91% | 13.35% | -4.44% |
Volatility (6M)Calculated over the trailing 6-month period | 24.18% | 24.47% | -0.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.09% | 31.57% | -0.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.20% | 30.13% | -0.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.83% | 33.71% | -4.88% |
Dividends
AM.PA vs. CHG.L - Dividend Comparison
AM.PA's dividend yield for the trailing twelve months is around 1.62%, more than CHG.L's 1.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AM.PA Dassault Aviation SA | 1.62% | 1.72% | 1.71% | 1.67% | 1.57% | 1.29% | 0.00% | 1.81% | 1.26% | 0.93% | 1.14% | 0.87% |
CHG.L Chemring Group plc | 1.57% | 1.67% | 2.19% | 1.74% | 1.71% | 1.42% | 1.30% | 1.41% | 1.92% | 1.25% | 0.00% | 0.00% |
Financials
AM.PA vs. CHG.L - Financials Comparison
This section allows you to compare key financial metrics between Dassault Aviation SA and Chemring Group plc. 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
AM.PA and CHG.L have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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