ERA.PA vs. ENGI.PA
ERA.PA (Eramet SA) and ENGI.PA (ENGIE SA) are both stocks. ERA.PA operates in Other Industrial Metals & Mining (Basic Materials), while ENGI.PA operates in Utilities - Diversified (Utilities). Over the past 10 years, ERA.PA returned 5.93%/yr vs 14.00%/yr for ENGI.PA. At a 0.29 correlation, their price movements are largely independent.
Performance
ERA.PA vs. ENGI.PA - Performance Comparison
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Returns By Period
In the year-to-date period, ERA.PA achieves a -6.59% return, which is significantly lower than ENGI.PA's 24.69% return. Over the past 10 years, ERA.PA has underperformed ENGI.PA with an annualized return of 5.93%, while ENGI.PA has yielded a comparatively higher 14.00% annualized return.
ERA.PA
- 1D
- 0.75%
- 1M
- -7.95%
- YTD
- -6.59%
- 6M
- 5.28%
- 1Y
- 9.85%
- 3Y*
- -15.72%
- 5Y*
- -0.26%
- 10Y*
- 5.93%
ENGI.PA
- 1D
- -0.89%
- 1M
- -3.52%
- YTD
- 24.69%
- 6M
- 30.51%
- 1Y
- 44.82%
- 3Y*
- 33.20%
- 5Y*
- 26.17%
- 10Y*
- 14.00%
ERA.PA vs. ENGI.PA - Yearly Performance Comparison
Correlation
The correlation between ERA.PA and ENGI.PA is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2005 | 0.29 |
The correlation between ERA.PA and ENGI.PA shifts across timeframes, from 0.11 (3 years) to 0.29 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ERA.PA vs. ENGI.PA — Risk / Return Rank
ERA.PA
ENGI.PA
ERA.PA vs. ENGI.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eramet SA (ERA.PA) and ENGIE SA (ENGI.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.
| ERA.PA | ENGI.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.12 | ||
| Sortino ratioReturn per unit of downside risk | -2.53 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.41 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 3.52 | -3.32 |
| Martin ratioReturn relative to average drawdown | 0.42 | 9.45 | -9.03 |
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
| ERA.PA | ENGI.PA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.18 | 2.29 | -2.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 1.21 | -1.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | 0.59 | -0.48 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | 0.23 | -0.20 |
Drawdowns
ERA.PA vs. ENGI.PA - Drawdown Comparison
The maximum ERA.PA drawdown since its inception was -97.39%, which is greater than ENGI.PA's maximum drawdown of -58.20%. Use the drawdown chart below to compare losses from any high point for ERA.PA and ENGI.PA.
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Drawdown Indicators
| ERA.PA | ENGI.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.39% | -58.20% | -39.19% |
Max Drawdown (1Y)Largest decline over 1 year | -47.01% | -13.31% | -33.70% |
Max Drawdown (3Y)Largest decline over 3 years | -63.54% | -16.77% | -46.77% |
Max Drawdown (5Y)Largest decline over 5 years | -72.09% | -30.67% | -41.42% |
Max Drawdown (10Y)Largest decline over 10 years | -86.67% | -47.74% | -38.93% |
Current DrawdownCurrent decline from peak | -90.15% | -5.38% | -84.77% |
Average DrawdownAverage peak-to-trough decline | -58.22% | -29.04% | -29.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.55% | 4.99% | +18.56% |
Volatility
ERA.PA vs. ENGI.PA - Volatility Comparison
Eramet SA (ERA.PA) has a higher volatility of 13.01% compared to ENGIE SA (ENGI.PA) at 5.64%. This indicates that ERA.PA's price experiences larger fluctuations and is considered to be riskier than ENGI.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ERA.PA | ENGI.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.01% | 5.64% | +7.37% |
Volatility (6M)Calculated over the trailing 6-month period | 49.97% | 17.08% | +32.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.37% | 20.47% | +34.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.17% | 21.30% | +28.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.68% | 23.32% | +30.36% |
Dividends
ERA.PA vs. ENGI.PA - Dividend Comparison
ERA.PA has not paid dividends to shareholders, while ENGI.PA's dividend yield for the trailing twelve months is around 5.08%.
Financials
ERA.PA vs. ENGI.PA - Financials Comparison
This section allows you to compare key financial metrics between Eramet SA and ENGIE 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
ERA.PA and ENGI.PA have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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