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ASIANPAINT.NS vs. NFTY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ASIANPAINT.NSNFTY
YTD Return-16.82%3.53%
1Y Return-0.03%29.10%
3Y Return (Ann)2.84%12.69%
5Y Return (Ann)15.16%9.83%
10Y Return (Ann)19.26%7.63%
Sharpe Ratio0.102.20
Daily Std Dev16.48%13.38%
Max Drawdown-44.15%-47.67%
Current Drawdown-20.00%-3.75%

Correlation

-0.50.00.51.00.2

The correlation between ASIANPAINT.NS and NFTY is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

ASIANPAINT.NS vs. NFTY - Performance Comparison

In the year-to-date period, ASIANPAINT.NS achieves a -16.82% return, which is significantly lower than NFTY's 3.53% return. Over the past 10 years, ASIANPAINT.NS has outperformed NFTY with an annualized return of 19.26%, while NFTY has yielded a comparatively lower 7.63% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
-8.45%
15.07%
ASIANPAINT.NS
NFTY

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Asian Paints Limited

First Trust India NIFTY 50 Equal Weight ETF

Risk-Adjusted Performance

ASIANPAINT.NS vs. NFTY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Asian Paints Limited (ASIANPAINT.NS) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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 -0.19, compared to the broader market-2.00-1.000.001.002.003.00-0.19
Sortino ratio
The chart of Sortino ratio for ASIANPAINT.NS, currently valued at -0.14, compared to the broader market-4.00-2.000.002.004.00-0.14
Omega ratio
The chart of Omega ratio for ASIANPAINT.NS, currently valued at 0.98, compared to the broader market0.501.001.500.98
Calmar ratio
The chart of Calmar ratio for ASIANPAINT.NS, currently valued at -0.11, compared to the broader market0.001.002.003.004.005.00-0.11
Martin ratio
The chart of Martin ratio for ASIANPAINT.NS, currently valued at -0.26, compared to the broader market0.0010.0020.0030.00-0.26
NFTY
Sharpe ratio
The chart of Sharpe ratio for NFTY, currently valued at 2.05, compared to the broader market-2.00-1.000.001.002.003.002.05
Sortino ratio
The chart of Sortino ratio for NFTY, currently valued at 2.73, compared to the broader market-4.00-2.000.002.004.002.73
Omega ratio
The chart of Omega ratio for NFTY, currently valued at 1.35, compared to the broader market0.501.001.501.35
Calmar ratio
The chart of Calmar ratio for NFTY, currently valued at 3.31, compared to the broader market0.001.002.003.004.005.003.31
Martin ratio
The chart of Martin ratio for NFTY, currently valued at 14.84, compared to the broader market0.0010.0020.0030.0014.84

ASIANPAINT.NS vs. NFTY - Sharpe Ratio Comparison

The current ASIANPAINT.NS Sharpe Ratio is 0.10, which is lower than the NFTY Sharpe Ratio of 2.20. The chart below compares the 12-month rolling Sharpe Ratio of ASIANPAINT.NS and NFTY.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2024FebruaryMarchApril
-0.19
2.05
ASIANPAINT.NS
NFTY

Dividends

ASIANPAINT.NS vs. NFTY - Dividend Comparison

ASIANPAINT.NS's dividend yield for the trailing twelve months is around 0.93%, more than NFTY's 0.17% yield.


TTM20232022202120202019201820172016201520142013
ASIANPAINT.NS
Asian Paints Limited
0.93%0.78%0.64%0.54%0.43%0.62%0.65%0.40%0.89%0.74%0.80%0.97%
NFTY
First Trust India NIFTY 50 Equal Weight ETF
0.17%0.13%5.89%1.53%0.61%0.97%0.00%4.10%3.28%4.39%0.52%1.72%

Drawdowns

ASIANPAINT.NS vs. NFTY - Drawdown Comparison

The maximum ASIANPAINT.NS drawdown since its inception was -44.15%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for ASIANPAINT.NS and NFTY. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-28.56%
-3.75%
ASIANPAINT.NS
NFTY

Volatility

ASIANPAINT.NS vs. NFTY - Volatility Comparison

Asian Paints Limited (ASIANPAINT.NS) has a higher volatility of 4.22% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 3.48%. This indicates that ASIANPAINT.NS's price experiences larger fluctuations and is considered to be riskier than NFTY 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
4.22%
3.48%
ASIANPAINT.NS
NFTY