CCH.L vs. NXT
CCH.L (Coca Cola HBC AG) and NXT (Nextracker Inc) are both stocks. CCH.L operates in Beverages - Non-Alcoholic (Consumer Defensive), while NXT operates in Solar (Technology). Over the past 3 years, CCH.L returned 28.32%/yr vs 39.58%/yr for NXT. At a 0.02 correlation, their price movements are largely independent.
Performance
CCH.L vs. NXT - Performance Comparison
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Different Trading Currencies
CCH.L is traded in GBp, while NXT is traded in USD. To make them comparable, the NXT values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, CCH.L achieves a 22.34% return, which is significantly lower than NXT's 40.63% return.
CCH.L
- 1D
- 1.28%
- 1M
- 9.92%
- YTD
- 22.34%
- 6M
- 27.17%
- 1Y
- 19.11%
- 3Y*
- 28.32%
- 5Y*
- 15.57%
- 10Y*
- 16.35%
NXT
- 1D
- 1.93%
- 1M
- -14.64%
- YTD
- 40.63%
- 6M
- 40.15%
- 1Y
- 103.26%
- 3Y*
- 39.58%
- 5Y*
- —
- 10Y*
- —
CCH.L vs. NXT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CCH.L Coca Cola HBC AG | 22.34% | 43.91% | 22.14% | 22.31% |
NXT Nextracker Inc | 40.63% | 121.47% | -20.67% | 47.12% |
Correlation
The correlation between CCH.L and NXT is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2023 | 0.02 |
Fundamentals
CCH.L:
£16.70B
NXT:
$18.85B
CCH.L:
€4.84
NXT:
$3.83
CCH.L:
10.98
NXT:
31.80
CCH.L:
0.61
NXT:
0.01
CCH.L:
0.86
NXT:
5.23
CCH.L:
5.03
NXT:
8.08
CCH.L:
€22.35B
NXT:
$3.56B
CCH.L:
€8.14B
NXT:
$1.16B
CCH.L:
€3.00B
NXT:
$731.65M
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Return for Risk
CCH.L vs. NXT — Risk / Return Rank
CCH.L
NXT
CCH.L vs. NXT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coca Cola HBC AG (CCH.L) and Nextracker Inc (NXT). 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.
| CCH.L | NXT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.27 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | 3.90 | -2.86 |
| Martin ratioReturn relative to average drawdown | 2.15 | 9.07 | -6.92 |
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Drawdowns
CCH.L vs. NXT - Drawdown Comparison
The maximum CCH.L drawdown since its inception was -48.45%, roughly equal to the maximum NXT drawdown of -50.23%. Use the drawdown chart below to compare losses from any high point for CCH.L and NXT.
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Drawdown Indicators
| CCH.L | NXT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.45% | -50.23% | +1.78% |
Max Drawdown (1Y)Largest decline over 1 year | -18.05% | -27.98% | +9.93% |
Max Drawdown (3Y)Largest decline over 3 years | -18.05% | -50.23% | +32.18% |
Max Drawdown (5Y)Largest decline over 5 years | -47.54% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -48.45% | — | — |
Current DrawdownCurrent decline from peak | -3.09% | -21.77% | +18.68% |
Average DrawdownAverage peak-to-trough decline | -14.55% | -16.07% | +1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.69% | 11.99% | -3.30% |
Volatility
CCH.L vs. NXT - Volatility Comparison
The current volatility for Coca Cola HBC AG (CCH.L) is 5.17%, while Nextracker Inc (NXT) has a volatility of 28.41%. This indicates that CCH.L experiences smaller price fluctuations and is considered to be less risky than NXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CCH.L | NXT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.17% | 28.41% | -23.24% |
Volatility (6M)Calculated over the trailing 6-month period | 16.79% | 49.60% | -32.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.83% | 65.46% | -42.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.89% | 60.55% | -36.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.20% | 60.55% | -34.35% |
Dividends
CCH.L vs. NXT - Dividend Comparison
CCH.L's dividend yield for the trailing twelve months is around 2.26%, while NXT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCH.L Coca Cola HBC AG | 2.26% | 2.33% | 2.96% | 2.94% | 3.60% | 2.50% | 2.35% | 6.99% | 1.95% | 1.60% | 1.88% | 1.76% |
NXT Nextracker Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CCH.L vs. NXT - Financials Comparison
This section allows you to compare key financial metrics between Coca Cola HBC AG and Nextracker 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
CCH.L vs. NXT - Profitability Comparison
CCH.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coca Cola HBC AG reported a gross profit of 2.20B and revenue of 5.98B. Therefore, the gross margin over that period was 36.8%.
NXT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nextracker Inc reported a gross profit of 297.38M and revenue of 880.52M. Therefore, the gross margin over that period was 33.8%.
CCH.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coca Cola HBC AG reported an operating income of 654.01M and revenue of 5.98B, resulting in an operating margin of 10.9%.
NXT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nextracker Inc reported an operating income of 153.59M and revenue of 880.52M, resulting in an operating margin of 17.4%.
CCH.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coca Cola HBC AG reported a net income of 469.16M and revenue of 5.98B, resulting in a net margin of 7.9%.
NXT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nextracker Inc reported a net income of 150.60M and revenue of 880.52M, resulting in a net margin of 17.1%.
Frequently Asked Questions
CCH.L and NXT have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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