ASIANPAINT.NS vs. RELIANCE.BO
Compare and contrast key facts about Asian Paints Limited (ASIANPAINT.NS) and Reliance Industries Limited (RELIANCE.BO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASIANPAINT.NS or RELIANCE.BO.
Correlation
The correlation between ASIANPAINT.NS and RELIANCE.BO is 0.37, 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. RELIANCE.BO - Performance Comparison
Key characteristics
ASIANPAINT.NS:
-0.57
RELIANCE.BO:
-0.56
ASIANPAINT.NS:
-0.67
RELIANCE.BO:
-0.66
ASIANPAINT.NS:
0.91
RELIANCE.BO:
0.92
ASIANPAINT.NS:
-0.32
RELIANCE.BO:
-0.46
ASIANPAINT.NS:
-0.60
RELIANCE.BO:
-0.81
ASIANPAINT.NS:
21.00%
RELIANCE.BO:
15.52%
ASIANPAINT.NS:
21.96%
RELIANCE.BO:
22.70%
ASIANPAINT.NS:
-44.15%
RELIANCE.BO:
-68.27%
ASIANPAINT.NS:
-29.44%
RELIANCE.BO:
-20.12%
Fundamentals
ASIANPAINT.NS:
₹2.37T
RELIANCE.BO:
₹17.25T
ASIANPAINT.NS:
₹44.18
RELIANCE.BO:
₹51.11
ASIANPAINT.NS:
55.86
RELIANCE.BO:
24.94
ASIANPAINT.NS:
6.92
RELIANCE.BO:
1.84
ASIANPAINT.NS:
13.13
RELIANCE.BO:
2.10
ASIANPAINT.NS:
₹254.94B
RELIANCE.BO:
₹7.03T
ASIANPAINT.NS:
₹97.63B
RELIANCE.BO:
₹2.04T
Returns By Period
In the year-to-date period, ASIANPAINT.NS achieves a 8.18% return, which is significantly higher than RELIANCE.BO's 4.86% return. Over the past 10 years, ASIANPAINT.NS has underperformed RELIANCE.BO with an annualized return of 13.28%, while RELIANCE.BO has yielded a comparatively higher 21.72% annualized return.
ASIANPAINT.NS
8.18%
7.28%
-17.38%
-11.13%
8.32%
13.28%
RELIANCE.BO
4.86%
-0.15%
-6.20%
-13.05%
18.78%
21.72%
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Risk-Adjusted Performance
ASIANPAINT.NS vs. RELIANCE.BO — Risk-Adjusted Performance Rank
ASIANPAINT.NS
RELIANCE.BO
ASIANPAINT.NS vs. RELIANCE.BO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Asian Paints Limited (ASIANPAINT.NS) and Reliance Industries Limited (RELIANCE.BO). 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.
Dividends
ASIANPAINT.NS vs. RELIANCE.BO - Dividend Comparison
ASIANPAINT.NS's dividend yield for the trailing twelve months is around 1.31%, more than RELIANCE.BO's 0.39% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASIANPAINT.NS Asian Paints Limited | 1.31% | 1.42% | 0.78% | 0.64% | 0.54% | 0.43% | 0.62% | 0.65% | 0.72% | 0.89% | 0.74% | 0.80% |
RELIANCE.BO Reliance Industries Limited | 0.39% | 0.41% | 0.35% | 0.31% | 0.30% | 0.33% | 0.43% | 0.54% | 0.60% | 0.97% | 0.99% | 1.07% |
Drawdowns
ASIANPAINT.NS vs. RELIANCE.BO - Drawdown Comparison
The maximum ASIANPAINT.NS drawdown since its inception was -44.15%, smaller than the maximum RELIANCE.BO drawdown of -68.27%. Use the drawdown chart below to compare losses from any high point for ASIANPAINT.NS and RELIANCE.BO. For additional features, visit the drawdowns tool.
Volatility
ASIANPAINT.NS vs. RELIANCE.BO - Volatility Comparison
The current volatility for Asian Paints Limited (ASIANPAINT.NS) is 5.37%, while Reliance Industries Limited (RELIANCE.BO) has a volatility of 9.03%. This indicates that ASIANPAINT.NS experiences smaller price fluctuations and is considered to be less risky than RELIANCE.BO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ASIANPAINT.NS vs. RELIANCE.BO - Financials Comparison
This section allows you to compare key financial metrics between Asian Paints Limited and Reliance Industries Limited. 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