DRREDDY.NS vs. ^BSESN
Compare and contrast key facts about Dr. Reddy's Laboratories Limited (DRREDDY.NS) and S&P BSE SENSEX (^BSESN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DRREDDY.NS or ^BSESN.
Correlation
The correlation between DRREDDY.NS and ^BSESN is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DRREDDY.NS vs. ^BSESN - Performance Comparison
Key characteristics
DRREDDY.NS:
-0.02
^BSESN:
0.34
DRREDDY.NS:
0.11
^BSESN:
0.56
DRREDDY.NS:
1.01
^BSESN:
1.08
DRREDDY.NS:
-0.03
^BSESN:
0.39
DRREDDY.NS:
-0.06
^BSESN:
0.88
DRREDDY.NS:
7.49%
^BSESN:
5.36%
DRREDDY.NS:
19.84%
^BSESN:
13.82%
DRREDDY.NS:
-64.85%
^BSESN:
-60.91%
DRREDDY.NS:
-15.17%
^BSESN:
-11.30%
Returns By Period
In the year-to-date period, DRREDDY.NS achieves a -13.66% return, which is significantly lower than ^BSESN's -2.56% return. Over the past 10 years, DRREDDY.NS has underperformed ^BSESN with an annualized return of 9.22%, while ^BSESN has yielded a comparatively higher 10.20% annualized return.
DRREDDY.NS
-13.66%
-8.53%
-14.04%
-3.35%
16.60%
9.22%
^BSESN
-2.56%
-0.63%
-5.77%
4.72%
13.24%
10.20%
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Risk-Adjusted Performance
DRREDDY.NS vs. ^BSESN — Risk-Adjusted Performance Rank
DRREDDY.NS
^BSESN
DRREDDY.NS vs. ^BSESN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dr. Reddy's Laboratories Limited (DRREDDY.NS) and S&P BSE SENSEX (^BSESN). 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.
Drawdowns
DRREDDY.NS vs. ^BSESN - Drawdown Comparison
The maximum DRREDDY.NS drawdown since its inception was -64.85%, which is greater than ^BSESN's maximum drawdown of -60.91%. Use the drawdown chart below to compare losses from any high point for DRREDDY.NS and ^BSESN. For additional features, visit the drawdowns tool.
Volatility
DRREDDY.NS vs. ^BSESN - Volatility Comparison
Dr. Reddy's Laboratories Limited (DRREDDY.NS) has a higher volatility of 7.00% compared to S&P BSE SENSEX (^BSESN) at 3.45%. This indicates that DRREDDY.NS's price experiences larger fluctuations and is considered to be riskier than ^BSESN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.