DNORD.CO vs. OLVAS.HE
DNORD.CO (Dampskibsselskabet Norden A/S) and OLVAS.HE (Olvi Oyj) are both stocks. DNORD.CO operates in Marine Shipping (Industrials), while OLVAS.HE operates in Beverages - Brewers (Consumer Defensive). Over the past 10 years, DNORD.CO returned 19.21%/yr vs 5.16%/yr for OLVAS.HE. At a 0.15 correlation, their price movements are largely independent.
Performance
DNORD.CO vs. OLVAS.HE - Performance Comparison
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Different Trading Currencies
DNORD.CO is traded in DKK, while OLVAS.HE is traded in EUR. To make them comparable, the OLVAS.HE values have been converted to DKK using the latest available exchange rates.
Returns By Period
In the year-to-date period, DNORD.CO achieves a 26.84% return, which is significantly higher than OLVAS.HE's 3.35% return. Over the past 10 years, DNORD.CO has outperformed OLVAS.HE with an annualized return of 19.21%, while OLVAS.HE has yielded a comparatively lower 5.16% annualized return.
DNORD.CO
- 1D
- 1.55%
- 1M
- 1.68%
- YTD
- 26.84%
- 6M
- 20.17%
- 1Y
- 61.36%
- 3Y*
- 1.53%
- 5Y*
- 23.38%
- 10Y*
- 19.21%
OLVAS.HE
- 1D
- 0.30%
- 1M
- 2.56%
- YTD
- 3.35%
- 6M
- 5.70%
- 1Y
- -3.38%
- 3Y*
- 9.09%
- 5Y*
- -5.94%
- 10Y*
- 5.16%
DNORD.CO vs. OLVAS.HE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DNORD.CO Dampskibsselskabet Norden A/S | 26.84% | 24.71% | -29.91% | -10.14% | 213.63% | 61.25% | 5.62% | 17.88% | -20.73% | 5.43% |
OLVAS.HE Olvi Oyj | 3.35% | 11.89% | 8.24% | -11.63% | -33.09% | 7.89% | 20.15% | 34.37% | 8.81% | 9.84% |
Correlation
The correlation between DNORD.CO and OLVAS.HE 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 | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2007 | 0.15 |
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Return for Risk
DNORD.CO vs. OLVAS.HE — Risk / Return Rank
DNORD.CO
OLVAS.HE
DNORD.CO vs. OLVAS.HE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dampskibsselskabet Norden A/S (DNORD.CO) and Olvi Oyj (OLVAS.HE). 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.
| DNORD.CO | OLVAS.HE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.88 | ||
| Sortino ratioReturn per unit of downside risk | +2.36 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 0.98 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 3.69 | -0.21 | +3.90 |
| Martin ratioReturn relative to average drawdown | 10.96 | -0.43 | +11.38 |
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
| DNORD.CO | OLVAS.HE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | -0.19 | +1.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | -0.25 | +0.78 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.22 | +0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.31 | +0.21 |
Drawdowns
DNORD.CO vs. OLVAS.HE - Drawdown Comparison
The maximum DNORD.CO drawdown since its inception was -87.57%, which is greater than OLVAS.HE's maximum drawdown of -54.87%. Use the drawdown chart below to compare losses from any high point for DNORD.CO and OLVAS.HE.
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Drawdown Indicators
| DNORD.CO | OLVAS.HE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.57% | -54.87% | -32.70% |
Max Drawdown (1Y)Largest decline over 1 year | -16.98% | -16.28% | -0.70% |
Max Drawdown (3Y)Largest decline over 3 years | -61.21% | -19.72% | -41.49% |
Max Drawdown (5Y)Largest decline over 5 years | -64.28% | -48.77% | -15.51% |
Max Drawdown (10Y)Largest decline over 10 years | -64.28% | -48.77% | -15.51% |
Current DrawdownCurrent decline from peak | -21.54% | -31.87% | +10.33% |
Average DrawdownAverage peak-to-trough decline | -45.03% | -16.56% | -28.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.67% | 8.36% | -2.69% |
Volatility
DNORD.CO vs. OLVAS.HE - Volatility Comparison
Dampskibsselskabet Norden A/S (DNORD.CO) has a higher volatility of 8.48% compared to Olvi Oyj (OLVAS.HE) at 3.43%. This indicates that DNORD.CO's price experiences larger fluctuations and is considered to be riskier than OLVAS.HE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DNORD.CO | OLVAS.HE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.48% | 3.43% | +5.05% |
Volatility (6M)Calculated over the trailing 6-month period | 30.17% | 13.17% | +17.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.94% | 18.18% | +18.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.90% | 23.70% | +21.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.01% | 23.38% | +17.63% |
Dividends
DNORD.CO vs. OLVAS.HE - Dividend Comparison
DNORD.CO's dividend yield for the trailing twelve months is around 2.54%, less than OLVAS.HE's 4.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DNORD.CO Dampskibsselskabet Norden A/S | 2.54% | 3.97% | 7.53% | 20.25% | 18.66% | 5.41% | 2.28% | 1.87% | 0.00% | 0.00% | 0.00% | 0.00% |
OLVAS.HE Olvi Oyj | 4.16% | 4.15% | 4.11% | 4.28% | 3.62% | 2.15% | 2.06% | 2.18% | 2.54% | 2.51% | 2.50% | 2.93% |
Financials
DNORD.CO vs. OLVAS.HE - Financials Comparison
This section allows you to compare key financial metrics between Dampskibsselskabet Norden A/S and Olvi Oyj. 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
DNORD.CO and OLVAS.HE 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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