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ASIANPAINT.NS vs. ^BSESN
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


ASIANPAINT.NS^BSESN
YTD Return-16.82%1.13%
1Y Return-0.03%22.32%
3Y Return (Ann)2.84%14.54%
5Y Return (Ann)15.16%13.51%
10Y Return (Ann)19.26%12.66%
Sharpe Ratio0.102.17
Daily Std Dev16.48%10.14%
Max Drawdown-44.15%-60.91%
Current Drawdown-20.00%-2.64%

Correlation

-0.50.00.51.00.5

The correlation between ASIANPAINT.NS and ^BSESN is 0.52, 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

ASIANPAINT.NS vs. ^BSESN - Performance Comparison

In the year-to-date period, ASIANPAINT.NS achieves a -16.82% return, which is significantly lower than ^BSESN's 1.13% return. Over the past 10 years, ASIANPAINT.NS has outperformed ^BSESN with an annualized return of 19.26%, while ^BSESN has yielded a comparatively lower 12.66% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


200.00%300.00%400.00%500.00%600.00%700.00%800.00%NovemberDecember2024FebruaryMarchApril
665.66%
201.74%
ASIANPAINT.NS
^BSESN

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Asian Paints Limited

S&P BSE SENSEX

Risk-Adjusted Performance

ASIANPAINT.NS vs. ^BSESN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Asian Paints Limited (ASIANPAINT.NS) and S&P BSE SENSEX (^BSESN). 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.


ASIANPAINT.NS
Sharpe ratio
The chart of Sharpe ratio for ASIANPAINT.NS, currently valued at -0.07, compared to the broader market-2.00-1.000.001.002.003.00-0.07
Sortino ratio
The chart of Sortino ratio for ASIANPAINT.NS, currently valued at 0.02, compared to the broader market-4.00-2.000.002.004.000.02
Omega ratio
The chart of Omega ratio for ASIANPAINT.NS, currently valued at 1.00, compared to the broader market0.501.001.501.00
Calmar ratio
The chart of Calmar ratio for ASIANPAINT.NS, currently valued at -0.04, compared to the broader market0.001.002.003.004.005.00-0.04
Martin ratio
The chart of Martin ratio for ASIANPAINT.NS, currently valued at -0.11, compared to the broader market0.0010.0020.0030.00-0.11
^BSESN
Sharpe ratio
The chart of Sharpe ratio for ^BSESN, currently valued at 1.78, compared to the broader market-2.00-1.000.001.002.003.001.78
Sortino ratio
The chart of Sortino ratio for ^BSESN, currently valued at 2.51, compared to the broader market-4.00-2.000.002.004.002.51
Omega ratio
The chart of Omega ratio for ^BSESN, currently valued at 1.31, compared to the broader market0.501.001.501.31
Calmar ratio
The chart of Calmar ratio for ^BSESN, currently valued at 1.58, compared to the broader market0.001.002.003.004.005.001.58
Martin ratio
The chart of Martin ratio for ^BSESN, currently valued at 7.01, compared to the broader market0.0010.0020.0030.007.01

ASIANPAINT.NS vs. ^BSESN - Sharpe Ratio Comparison

The current ASIANPAINT.NS Sharpe Ratio is 0.10, which is lower than the ^BSESN Sharpe Ratio of 2.17. The chart below compares the 12-month rolling Sharpe Ratio of ASIANPAINT.NS and ^BSESN.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00NovemberDecember2024FebruaryMarchApril
-0.07
1.78
ASIANPAINT.NS
^BSESN

Drawdowns

ASIANPAINT.NS vs. ^BSESN - Drawdown Comparison

The maximum ASIANPAINT.NS drawdown since its inception was -44.15%, smaller than the maximum ^BSESN drawdown of -60.91%. Use the drawdown chart below to compare losses from any high point for ASIANPAINT.NS and ^BSESN. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-28.56%
-2.64%
ASIANPAINT.NS
^BSESN

Volatility

ASIANPAINT.NS vs. ^BSESN - Volatility Comparison

Asian Paints Limited (ASIANPAINT.NS) has a higher volatility of 4.33% compared to S&P BSE SENSEX (^BSESN) at 3.24%. This indicates that ASIANPAINT.NS's price experiences larger fluctuations and is considered to be riskier than ^BSESN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%NovemberDecember2024FebruaryMarchApril
4.33%
3.24%
ASIANPAINT.NS
^BSESN