CARL-B.CO vs. STZ
CARL-B.CO (Carlsberg A/S) and STZ (Constellation Brands, Inc.) are both stocks. Both are in the Consumer Defensive sector — CARL-B.CO in Beverages - Brewers, STZ in Beverages - Wineries & Distilleries. Over the past 10 years, CARL-B.CO returned 6.08%/yr vs 0.74%/yr for STZ. At a 0.17 correlation, their price movements are largely independent.
Performance
CARL-B.CO vs. STZ - Performance Comparison
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Different Trading Currencies
CARL-B.CO is traded in DKK, while STZ is traded in USD. To make them comparable, the STZ values have been converted to DKK using the latest available exchange rates.
Returns By Period
In the year-to-date period, CARL-B.CO achieves a 4.47% return, which is significantly lower than STZ's 10.83% return. Over the past 10 years, CARL-B.CO has outperformed STZ with an annualized return of 6.08%, while STZ has yielded a comparatively lower 0.74% annualized return.
CARL-B.CO
- 1D
- -1.03%
- 1M
- 1.61%
- YTD
- 4.47%
- 6M
- 4.57%
- 1Y
- -6.42%
- 3Y*
- -4.51%
- 5Y*
- -2.90%
- 10Y*
- 6.08%
STZ
- 1D
- 3.87%
- 1M
- 4.86%
- YTD
- 10.83%
- 6M
- 3.66%
- 1Y
- -7.40%
- 3Y*
- -15.79%
- 5Y*
- -6.42%
- 10Y*
- 0.74%
CARL-B.CO vs. STZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CARL-B.CO Carlsberg A/S | 4.47% | 24.73% | -16.11% | -5.74% | -15.78% | 18.41% | 1.01% | 46.68% | -4.93% | 24.15% |
STZ Constellation Brands, Inc. | 10.83% | -43.49% | -0.93% | 2.92% | -0.59% | 24.63% | 7.31% | 22.65% | -25.20% | 32.30% |
Correlation
The correlation between CARL-B.CO and STZ is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2007 | 0.17 |
The correlation between CARL-B.CO and STZ shifts across timeframes, from 0.07 (3 years) to 0.18 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CARL-B.CO vs. STZ — Risk / Return Rank
CARL-B.CO
STZ
CARL-B.CO vs. STZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carlsberg A/S (CARL-B.CO) and Constellation Brands, Inc. (STZ). 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.
| CARL-B.CO | STZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.97 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | -0.37 | +0.05 |
| Martin ratioReturn relative to average drawdown | -0.51 | -0.63 | +0.13 |
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Drawdowns
CARL-B.CO vs. STZ - Drawdown Comparison
The maximum CARL-B.CO drawdown since its inception was -71.18%, which is greater than STZ's maximum drawdown of -56.26%. Use the drawdown chart below to compare losses from any high point for CARL-B.CO and STZ.
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Drawdown Indicators
| CARL-B.CO | STZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.18% | -56.26% | -14.92% |
Max Drawdown (1Y)Largest decline over 1 year | -20.76% | -26.50% | +5.74% |
Max Drawdown (3Y)Largest decline over 3 years | -36.63% | -54.46% | +17.83% |
Max Drawdown (5Y)Largest decline over 5 years | -39.46% | -54.52% | +15.06% |
Max Drawdown (10Y)Largest decline over 10 years | -39.46% | -54.52% | +15.06% |
Current DrawdownCurrent decline from peak | -18.91% | -46.34% | +27.43% |
Average DrawdownAverage peak-to-trough decline | -13.92% | -15.19% | +1.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.56% | 15.57% | -2.01% |
Volatility
CARL-B.CO vs. STZ - Volatility Comparison
The current volatility for Carlsberg A/S (CARL-B.CO) is 7.74%, while Constellation Brands, Inc. (STZ) has a volatility of 8.63%. This indicates that CARL-B.CO experiences smaller price fluctuations and is considered to be less risky than STZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CARL-B.CO | STZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.74% | 8.63% | -0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 17.60% | 23.33% | -5.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.58% | 30.00% | -7.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.01% | 24.57% | -1.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.90% | 27.19% | -5.29% |
Dividends
CARL-B.CO vs. STZ - Dividend Comparison
CARL-B.CO's dividend yield for the trailing twelve months is around 3.44%, more than STZ's 2.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CARL-B.CO Carlsberg A/S | 3.44% | 3.23% | 3.91% | 3.19% | 2.60% | 1.95% | 2.15% | 1.81% | 2.31% | 1.34% | 1.48% | 1.47% |
STZ Constellation Brands, Inc. | 2.75% | 2.95% | 1.77% | 1.44% | 1.36% | 1.21% | 1.37% | 1.58% | 1.70% | 0.86% | 0.98% | 0.65% |
Financials
CARL-B.CO vs. STZ - Financials Comparison
This section allows you to compare key financial metrics between Carlsberg A/S and Constellation Brands, Inc.. 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
CARL-B.CO and STZ have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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