BAJFINANCE.NS vs. ^BSESN
Compare and contrast key facts about Bajaj Finance Limited (BAJFINANCE.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: BAJFINANCE.NS or ^BSESN.
Key characteristics
| BAJFINANCE.NS | ^BSESN | |
|---|---|---|
| YTD Return | -9.79% | 7.20% |
| 1Y Return | -10.39% | 19.26% |
| 3Y Return (Ann) | -4.33% | 8.53% |
| 5Y Return (Ann) | 9.90% | 14.08% |
| 10Y Return (Ann) | 37.36% | 10.86% |
| Sharpe Ratio | -0.43 | 1.37 |
| Sortino Ratio | -0.44 | 1.86 |
| Omega Ratio | 0.94 | 1.28 |
| Calmar Ratio | -0.47 | 1.91 |
| Martin Ratio | -1.08 | 6.91 |
| Ulcer Index | 9.94% | 2.70% |
| Daily Std Dev | 25.11% | 13.65% |
| Max Drawdown | -90.92% | -60.91% |
| Current Drawdown | -19.03% | -9.78% |
Correlation
The correlation between BAJFINANCE.NS and ^BSESN is 0.56, 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
BAJFINANCE.NS vs. ^BSESN - Performance Comparison
In the year-to-date period, BAJFINANCE.NS achieves a -9.79% return, which is significantly lower than ^BSESN's 7.20% return. Over the past 10 years, BAJFINANCE.NS has outperformed ^BSESN with an annualized return of 37.36%, while ^BSESN has yielded a comparatively lower 10.86% 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
BAJFINANCE.NS vs. ^BSESN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bajaj Finance Limited (BAJFINANCE.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
BAJFINANCE.NS vs. ^BSESN - Drawdown Comparison
The maximum BAJFINANCE.NS drawdown since its inception was -90.92%, which is greater than ^BSESN's maximum drawdown of -60.91%. Use the drawdown chart below to compare losses from any high point for BAJFINANCE.NS and ^BSESN. For additional features, visit the drawdowns tool.
Volatility
BAJFINANCE.NS vs. ^BSESN - Volatility Comparison
Bajaj Finance Limited (BAJFINANCE.NS) has a higher volatility of 7.20% compared to S&P BSE SENSEX (^BSESN) at 3.29%. This indicates that BAJFINANCE.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.