ASM vs. SAP
ASM (Avino Silver & Gold Mines Ltd.) and SAP (SAP SE) are both stocks. ASM operates in Other Precious Metals & Mining (Basic Materials), while SAP operates in Software - Application (Technology). Over the past 10 years, ASM returned 9.99%/yr vs 9.16%/yr for SAP. At a 0.13 correlation, their price movements are largely independent.
Performance
ASM vs. SAP - Performance Comparison
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Returns By Period
In the year-to-date period, ASM achieves a -5.31% return, which is significantly higher than SAP's -35.76% return. Over the past 10 years, ASM has outperformed SAP with an annualized return of 9.99%, while SAP has yielded a comparatively lower 9.16% annualized return.
ASM
- 1D
- -8.41%
- 1M
- -9.95%
- YTD
- -5.31%
- 6M
- -13.91%
- 1Y
- 69.94%
- 3Y*
- 107.69%
- 5Y*
- 38.35%
- 10Y*
- 9.99%
SAP
- 1D
- 2.59%
- 1M
- -12.83%
- YTD
- -35.76%
- 6M
- -36.30%
- 1Y
- -46.34%
- 3Y*
- 6.09%
- 5Y*
- 3.26%
- 10Y*
- 9.16%
ASM vs. SAP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASM Avino Silver & Gold Mines Ltd. | -5.31% | 604.88% | 68.13% | -22.95% | -21.01% | -33.77% | 124.14% | -4.92% | -54.48% | -2.19% |
SAP SAP SE | -35.76% | -0.48% | 61.27% | 52.30% | -24.64% | 9.22% | -1.28% | 36.43% | -10.04% | 31.25% |
Correlation
The correlation between ASM and SAP is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2005 | 0.13 |
The correlation between ASM and SAP shifts across timeframes, from 0.10 (1 year) to 0.24 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ASM:
$1.02B
SAP:
$179.15B
ASM:
$0.23
SAP:
€6.13
ASM:
25.88
SAP:
21.90
ASM:
0.08
SAP:
0.47
ASM:
8.62
SAP:
4.22
ASM:
3.70
SAP:
3.49
ASM:
$110.70M
SAP:
€37.34B
ASM:
$59.09M
SAP:
€27.51B
ASM:
$55.20M
SAP:
€12.97B
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Return for Risk
ASM vs. SAP — Risk / Return Rank
ASM
SAP
ASM vs. SAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avino Silver & Gold Mines Ltd. (ASM) and SAP SE (SAP). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ASM | SAP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.19 | ||
| Sortino ratioReturn per unit of downside risk | +3.57 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.75 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 1.34 | -0.91 | +2.25 |
| Martin ratioReturn relative to average drawdown | 2.77 | -1.58 | +4.35 |
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Drawdowns
ASM vs. SAP - Drawdown Comparison
The maximum ASM drawdown since its inception was -94.10%, which is greater than SAP's maximum drawdown of -87.91%. Use the drawdown chart below to compare losses from any high point for ASM and SAP.
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Drawdown Indicators
| ASM | SAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.10% | -87.91% | -6.19% |
Max Drawdown (1Y)Largest decline over 1 year | -52.40% | -51.24% | -1.16% |
Max Drawdown (3Y)Largest decline over 3 years | -52.40% | -51.24% | -1.16% |
Max Drawdown (5Y)Largest decline over 5 years | -63.94% | -51.24% | -12.70% |
Max Drawdown (10Y)Largest decline over 10 years | -90.91% | -51.31% | -39.60% |
Current DrawdownCurrent decline from peak | -47.69% | -49.97% | +2.28% |
Average DrawdownAverage peak-to-trough decline | -63.74% | -28.26% | -35.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.37% | 29.26% | -3.89% |
Volatility
ASM vs. SAP - Volatility Comparison
Avino Silver & Gold Mines Ltd. (ASM) has a higher volatility of 27.33% compared to SAP SE (SAP) at 14.56%. This indicates that ASM's price experiences larger fluctuations and is considered to be riskier than SAP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASM | SAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.33% | 14.56% | +12.77% |
Volatility (6M)Calculated over the trailing 6-month period | 66.16% | 31.18% | +34.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 82.61% | 34.69% | +47.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.18% | 28.90% | +37.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.80% | 28.29% | +41.51% |
Dividends
ASM vs. SAP - Dividend Comparison
ASM has not paid dividends to shareholders, while SAP's dividend yield for the trailing twelve months is around 1.91%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASM Avino Silver & Gold Mines Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SAP SAP SE | 1.91% | 1.05% | 0.97% | 1.41% | 2.05% | 1.56% | 1.31% | 1.27% | 1.73% | 0.87% | 1.08% | 1.11% |
Financials
ASM vs. SAP - Financials Comparison
This section allows you to compare key financial metrics between Avino Silver & Gold Mines Ltd. and SAP SE. 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
ASM vs. SAP - Profitability Comparison
ASM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Avino Silver & Gold Mines Ltd. reported a gross profit of 25.51M and revenue of 41.41M. Therefore, the gross margin over that period was 61.6%.
SAP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SAP SE reported a gross profit of 6.97B and revenue of 9.56B. Therefore, the gross margin over that period was 73.0%.
ASM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Avino Silver & Gold Mines Ltd. reported an operating income of 21.76M and revenue of 41.41M, resulting in an operating margin of 52.5%.
SAP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SAP SE reported an operating income of 2.75B and revenue of 9.56B, resulting in an operating margin of 28.8%.
ASM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Avino Silver & Gold Mines Ltd. reported a net income of 15.69M and revenue of 41.41M, resulting in a net margin of 37.9%.
SAP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SAP SE reported a net income of 1.93B and revenue of 9.56B, resulting in a net margin of 20.2%.
Frequently Asked Questions
ASM and SAP have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASM has higher volatility (27.33%) compared to SAP (14.56%). In terms of maximum drawdown, ASM dropped -94.10% vs SAP's -87.91%.
ASM currently has the higher Sharpe Ratio (0.85 vs -1.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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