ENEL.MI vs. CS.PA
ENEL.MI (Enel SpA) and CS.PA (AXA SA) are both stocks. ENEL.MI operates in Utilities - Diversified (Utilities), while CS.PA operates in Insurance - Diversified (Financial Services). Over the past 10 years, ENEL.MI returned 15.79%/yr vs 13.92%/yr for CS.PA. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
ENEL.MI vs. CS.PA - Performance Comparison
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Returns By Period
In the year-to-date period, ENEL.MI achieves a 13.01% return, which is significantly higher than CS.PA's 5.73% return. Over the past 10 years, ENEL.MI has outperformed CS.PA with an annualized return of 15.79%, while CS.PA has yielded a comparatively lower 13.92% annualized return.
ENEL.MI
- 1D
- 1.35%
- 1M
- 0.72%
- YTD
- 13.01%
- 6M
- 15.09%
- 1Y
- 29.94%
- 3Y*
- 24.05%
- 5Y*
- 10.38%
- 10Y*
- 15.79%
CS.PA
- 1D
- 0.96%
- 1M
- 3.50%
- YTD
- 5.73%
- 6M
- 7.25%
- 1Y
- 4.06%
- 3Y*
- 22.45%
- 5Y*
- 19.62%
- 10Y*
- 13.92%
ENEL.MI vs. CS.PA - Yearly Performance Comparison
Correlation
The correlation between ENEL.MI and CS.PA is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Nov 29, 2006 | 0.53 |
The correlation between ENEL.MI and CS.PA shifts across timeframes, from 0.35 (1 year) to 0.53 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ENEL.MI vs. CS.PA — Risk / Return Rank
ENEL.MI
CS.PA
ENEL.MI vs. CS.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enel SpA (ENEL.MI) and AXA SA (CS.PA). 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.
| ENEL.MI | CS.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.34 | ||
| Sortino ratioReturn per unit of downside risk | +1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.05 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | 0.25 | +2.40 |
| Martin ratioReturn relative to average drawdown | 7.83 | 0.42 | +7.40 |
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Drawdowns
ENEL.MI vs. CS.PA - Drawdown Comparison
The maximum ENEL.MI drawdown since its inception was -56.40%, smaller than the maximum CS.PA drawdown of -76.72%. Use the drawdown chart below to compare losses from any high point for ENEL.MI and CS.PA.
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Drawdown Indicators
| ENEL.MI | CS.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.40% | -76.72% | +20.32% |
Max Drawdown (1Y)Largest decline over 1 year | -10.99% | -13.69% | +2.70% |
Max Drawdown (3Y)Largest decline over 3 years | -13.88% | -13.69% | -0.19% |
Max Drawdown (5Y)Largest decline over 5 years | -47.08% | -24.39% | -22.69% |
Max Drawdown (10Y)Largest decline over 10 years | -50.13% | -51.02% | +0.89% |
Current DrawdownCurrent decline from peak | -3.93% | -0.21% | -3.72% |
Average DrawdownAverage peak-to-trough decline | -15.15% | -17.10% | +1.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 7.99% | -4.27% |
Volatility
ENEL.MI vs. CS.PA - Volatility Comparison
Enel SpA (ENEL.MI) has a higher volatility of 5.33% compared to AXA SA (CS.PA) at 4.55%. This indicates that ENEL.MI's price experiences larger fluctuations and is considered to be riskier than CS.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENEL.MI | CS.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 4.55% | +0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 17.28% | 13.91% | +3.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.27% | 20.00% | -0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.09% | 21.24% | -0.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.78% | 24.85% | -2.07% |
Dividends
ENEL.MI vs. CS.PA - Dividend Comparison
ENEL.MI's dividend yield for the trailing twelve months is around 4.95%, less than CS.PA's 5.68% yield.
Financials
ENEL.MI vs. CS.PA - Financials Comparison
This section allows you to compare key financial metrics between Enel SpA and AXA SA. 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
ENEL.MI and CS.PA have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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