BGL.AX vs. JEL.F
BGL.AX (Bellevue Gold Limited) and JEL.F (JEOL Ltd) are both stocks. BGL.AX operates in Gold (Basic Materials), while JEL.F operates in Scientific & Technical Instruments (Technology). Over the past 10 years, BGL.AX returned 58.76%/yr vs 16.72%/yr for JEL.F. At a 0.04 correlation, their price movements are largely independent.
Performance
BGL.AX vs. JEL.F - Performance Comparison
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Different Trading Currencies
BGL.AX is traded in AUD, while JEL.F is traded in EUR. To make them comparable, the JEL.F values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BGL.AX achieves a -11.44% return, which is significantly lower than JEL.F's 33.05% return. Over the past 10 years, BGL.AX has outperformed JEL.F with an annualized return of 58.76%, while JEL.F has yielded a comparatively lower 16.72% annualized return.
BGL.AX
- 1D
- -1.63%
- 1M
- -2.58%
- YTD
- -11.44%
- 6M
- 5.96%
- 1Y
- 58.12%
- 3Y*
- 3.68%
- 5Y*
- 13.69%
- 10Y*
- 58.76%
JEL.F
- 1D
- 2.31%
- 1M
- 16.53%
- YTD
- 33.05%
- 6M
- 34.00%
- 1Y
- 47.99%
- 3Y*
- 6.99%
- 5Y*
- -2.47%
- 10Y*
- 16.72%
BGL.AX vs. JEL.F - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BGL.AX Bellevue Gold Limited | -11.44% | 51.56% | -32.84% | 48.23% | 33.73% | -24.55% | 109.35% | 30.49% | 54.72% | 1,104.55% |
JEL.F JEOL Ltd | 33.05% | -16.08% | -10.91% | 58.90% | -63.25% | 78.07% | 42.06% | 106.18% | 46.08% | 20.42% |
Correlation
The correlation between BGL.AX and JEL.F is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2007 | 0.04 |
The correlation between BGL.AX and JEL.F shifts across timeframes, from 0.04 (all time) to 0.20 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
BGL.AX vs. JEL.F — Risk / Return Rank
BGL.AX
JEL.F
BGL.AX vs. JEL.F - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bellevue Gold Limited (BGL.AX) and JEOL Ltd (JEL.F). 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.
| BGL.AX | JEL.F | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.23 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 2.48 | -0.93 |
| Martin ratioReturn relative to average drawdown | 4.35 | 6.25 | -1.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BGL.AX | JEL.F | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.02 | 1.14 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | -0.06 | +0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.39 | +0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.19 | -0.03 |
Drawdowns
BGL.AX vs. JEL.F - Drawdown Comparison
The maximum BGL.AX drawdown since its inception was -99.34%, which is greater than JEL.F's maximum drawdown of -75.76%. Use the drawdown chart below to compare losses from any high point for BGL.AX and JEL.F.
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Drawdown Indicators
| BGL.AX | JEL.F | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.34% | -75.76% | -23.58% |
Max Drawdown (1Y)Largest decline over 1 year | -36.93% | -19.23% | -17.70% |
Max Drawdown (3Y)Largest decline over 3 years | -61.82% | -43.20% | -18.62% |
Max Drawdown (5Y)Largest decline over 5 years | -61.82% | -67.86% | +6.04% |
Max Drawdown (10Y)Largest decline over 10 years | -61.82% | -67.86% | +6.04% |
Current DrawdownCurrent decline from peak | -25.62% | -47.18% | +21.56% |
Average DrawdownAverage peak-to-trough decline | -58.34% | -38.98% | -19.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.27% | 7.66% | +5.61% |
Volatility
BGL.AX vs. JEL.F - Volatility Comparison
The current volatility for Bellevue Gold Limited (BGL.AX) is 15.76%, while JEOL Ltd (JEL.F) has a volatility of 19.97%. This indicates that BGL.AX experiences smaller price fluctuations and is considered to be less risky than JEL.F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BGL.AX | JEL.F | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.76% | 19.97% | -4.21% |
Volatility (6M)Calculated over the trailing 6-month period | 44.51% | 34.48% | +10.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.37% | 41.74% | +14.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.71% | 42.04% | +11.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.06% | 42.34% | +36.72% |
Dividends
BGL.AX vs. JEL.F - Dividend Comparison
BGL.AX has not paid dividends to shareholders, while JEL.F's dividend yield for the trailing twelve months is around 0.01%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGL.AX Bellevue Gold Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 59.09% | 48.39% |
JEL.F JEOL Ltd | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% |
Financials
BGL.AX vs. JEL.F - Financials Comparison
This section allows you to compare key financial metrics between Bellevue Gold Limited and JEOL Ltd. 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
Frequently Asked Questions
BGL.AX and JEL.F have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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