CUMMINSIND.NS vs. MSFT
CUMMINSIND.NS (Cummins India Limited) and MSFT (Microsoft Corporation) are both stocks. CUMMINSIND.NS operates in Specialty Industrial Machinery (Industrials), while MSFT operates in Software - Infrastructure (Technology). Over the past 10 years, CUMMINSIND.NS returned 22.30%/yr vs 27.68%/yr for MSFT. At a 0.04 correlation, their price movements are largely independent.
Performance
CUMMINSIND.NS vs. MSFT - Performance Comparison
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Different Trading Currencies
CUMMINSIND.NS is traded in INR, while MSFT is traded in USD. To make them comparable, the MSFT values have been converted to INR using the latest available exchange rates.
Returns By Period
In the year-to-date period, CUMMINSIND.NS achieves a 25.76% return, which is significantly higher than MSFT's -10.30% return. Over the past 10 years, CUMMINSIND.NS has underperformed MSFT with an annualized return of 22.30%, while MSFT has yielded a comparatively higher 27.68% annualized return.
CUMMINSIND.NS
- 1D
- 1.06%
- 1M
- -5.34%
- 6M
- 38.34%
- YTD
- 25.76%
- 1Y
- 57.72%
- 3Y*
- 45.27%
- 5Y*
- 47.54%
- 10Y*
- 22.30%
- ALL TIME*
- 25.34%
MSFT
- 1D
- 0.00%
- 1M
- 8.41%
- 6M
- -5.86%
- YTD
- -10.30%
- 1Y
- -11.04%
- 3Y*
- 12.14%
- 5Y*
- 13.62%
- 10Y*
- 27.68%
- ALL TIME*
- 22.54%
CUMMINSIND.NS vs. MSFT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CUMMINSIND.NS Cummins India Limited | 25.76% | 37.60% | 68.74% | 44.32% | 49.06% | 66.85% | 7.28% | -33.57% | -3.78% | 11.77% |
MSFT Microsoft Corporation | -10.30% | 21.12% | 16.35% | 59.28% | -20.29% | 55.51% | 46.12% | 61.55% | 31.73% | 31.99% |
Correlation
The correlation between CUMMINSIND.NS and MSFT is -0.04, 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 | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2007 | 0.04 |
The correlation between CUMMINSIND.NS and MSFT shifts across timeframes, from -0.04 (1 year) to 0.10 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
CUMMINSIND.NS vs. MSFT — Risk / Return Rank
CUMMINSIND.NS
MSFT
CUMMINSIND.NS vs. MSFT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cummins India Limited (CUMMINSIND.NS) and Microsoft Corporation (MSFT). 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.
| CUMMINSIND.NS | MSFT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.54 | ||
| Sortino ratioReturn per unit of downside risk | +3.31 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.95 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 4.09 | -0.37 | +4.46 |
| Martin ratioReturn relative to average drawdown | 11.65 | -0.71 | +12.36 |
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Drawdowns
CUMMINSIND.NS vs. MSFT - Drawdown Comparison
The maximum CUMMINSIND.NS drawdown since its inception was -73.69%, which is greater than MSFT's maximum drawdown of -44.51%. Use the drawdown chart below to compare losses from any high point for CUMMINSIND.NS and MSFT.
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Drawdown Indicators
| CUMMINSIND.NS | MSFT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.69% | -44.51% | -29.18% |
Max Drawdown (1Y)Largest decline over 1 year | -14.61% | -29.97% | +15.36% |
Max Drawdown (3Y)Largest decline over 3 years | -34.33% | -29.97% | -4.36% |
Max Drawdown (5Y)Largest decline over 5 years | -34.33% | -31.23% | -3.10% |
Max Drawdown (10Y)Largest decline over 10 years | -71.20% | -31.23% | -39.97% |
Current DrawdownCurrent decline from peak | -7.89% | -18.41% | +10.52% |
Average DrawdownAverage peak-to-trough decline | -18.03% | -8.50% | -9.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.06% | 15.68% | -10.62% |
Volatility
CUMMINSIND.NS vs. MSFT - Volatility Comparison
The current volatility for Cummins India Limited (CUMMINSIND.NS) is 6.96%, while Microsoft Corporation (MSFT) has a volatility of 10.33%. This indicates that CUMMINSIND.NS experiences smaller price fluctuations and is considered to be less risky than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CUMMINSIND.NS | MSFT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.96% | 10.33% | -3.37% |
Volatility (6M)Calculated over the trailing 6-month period | 23.17% | 24.34% | -1.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.06% | 27.37% | +0.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.45% | 26.47% | +2.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.17% | 26.38% | +4.79% |
Dividends
CUMMINSIND.NS vs. MSFT - Dividend Comparison
CUMMINSIND.NS's dividend yield for the trailing twelve months is around 1.20%, more than MSFT's 0.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CUMMINSIND.NS Cummins India Limited | 1.20% | 1.16% | 1.16% | 1.27% | 1.34% | 1.59% | 2.44% | 3.09% | 1.77% | 1.55% | 1.71% | 0.87% |
MSFT Microsoft Corporation | 0.90% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
Financials
CUMMINSIND.NS vs. MSFT - Financials Comparison
This section allows you to compare key financial metrics between Cummins India Limited and Microsoft Corporation. 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
CUMMINSIND.NS and MSFT have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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