ASIANPAINT.NS vs. ^BSESN
Compare and contrast key facts about Asian Paints Limited (ASIANPAINT.NS) and S&P BSE SENSEX (^BSESN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASIANPAINT.NS or ^BSESN.
Key characteristics
| ASIANPAINT.NS | ^BSESN | |
|---|---|---|
| YTD Return | -8.98% | 12.70% |
| 1Y Return | -0.32% | 23.04% |
| 3Y Return (Ann) | -1.55% | 10.03% |
| 5Y Return (Ann) | 12.20% | 16.03% |
| 10Y Return (Ann) | 18.27% | 12.26% |
| Sharpe Ratio | -0.16 | 1.67 |
| Sortino Ratio | -0.09 | 2.23 |
| Omega Ratio | 0.99 | 1.34 |
| Calmar Ratio | -0.13 | 3.27 |
| Martin Ratio | -0.26 | 11.89 |
| Ulcer Index | 11.09% | 1.90% |
| Daily Std Dev | 18.68% | 13.57% |
| Max Drawdown | -44.15% | -60.91% |
| Current Drawdown | -12.46% | -5.15% |
Correlation
The correlation between ASIANPAINT.NS and ^BSESN is 0.51, 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 -8.98% return, which is significantly lower than ^BSESN's 12.70% return. Over the past 10 years, ASIANPAINT.NS has outperformed ^BSESN with an annualized return of 18.27%, while ^BSESN has yielded a comparatively lower 12.26% 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
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.
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.
Volatility
ASIANPAINT.NS vs. ^BSESN - Volatility Comparison
Asian Paints Limited (ASIANPAINT.NS) has a higher volatility of 5.40% compared to S&P BSE SENSEX (^BSESN) at 3.97%. 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.