GAMA.L vs. CER.L
GAMA.L (Gamma Communications plc) and CER.L (Cerillion plc) are both stocks. GAMA.L operates in Telecom Services (Communication Services), while CER.L operates in Software - Application (Technology). Over the past 10 years, GAMA.L returned 9.28%/yr vs 29.15%/yr for CER.L. At a 0.09 correlation, their price movements are largely independent.
Performance
GAMA.L vs. CER.L - Performance Comparison
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Returns By Period
In the year-to-date period, GAMA.L achieves a 4.84% return, which is significantly higher than CER.L's 4.43% return. Over the past 10 years, GAMA.L has underperformed CER.L with an annualized return of 9.28%, while CER.L has yielded a comparatively higher 29.15% annualized return.
GAMA.L
- 1D
- 0.47%
- 1M
- 6.12%
- YTD
- 4.84%
- 6M
- 3.38%
- 1Y
- -17.70%
- 3Y*
- -5.63%
- 5Y*
- -12.79%
- 10Y*
- 9.28%
CER.L
- 1D
- -3.44%
- 1M
- -0.78%
- YTD
- 4.43%
- 6M
- -1.24%
- 1Y
- -33.65%
- 3Y*
- -2.35%
- 5Y*
- 9.63%
- 10Y*
- 29.15%
GAMA.L vs. CER.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GAMA.L Gamma Communications plc | 4.84% | -38.48% | 37.47% | 5.50% | -33.64% | 0.94% | 24.70% | 83.75% | 14.44% | 40.13% |
CER.L Cerillion plc | 4.43% | -29.70% | 10.46% | 33.65% | 37.13% | 116.30% | 78.05% | 81.73% | -4.14% | 8.93% |
Correlation
The correlation between GAMA.L and CER.L is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Mar 21, 2016 | 0.09 |
Fundamentals
GAMA.L:
£897.91M
CER.L:
£373.77M
GAMA.L:
£1.25
CER.L:
£0.94
GAMA.L:
7.60
CER.L:
13.39
GAMA.L:
1.19
CER.L:
0.49
GAMA.L:
0.85
CER.L:
4.42
GAMA.L:
2.33
CER.L:
6.17
GAMA.L:
£1.07B
CER.L:
£84.61M
GAMA.L:
£524.40M
CER.L:
£62.92M
GAMA.L:
£202.95M
CER.L:
£40.90M
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Return for Risk
GAMA.L vs. CER.L — Risk / Return Rank
GAMA.L
CER.L
GAMA.L vs. CER.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gamma Communications plc (GAMA.L) and Cerillion plc (CER.L). 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.
| GAMA.L | CER.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.88 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | -0.71 | +0.29 |
| Martin ratioReturn relative to average drawdown | -0.86 | -1.29 | +0.43 |
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
| GAMA.L | CER.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.54 | -0.73 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.44 | 0.25 | -0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.83 | -0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.94 | -0.42 |
Drawdowns
GAMA.L vs. CER.L - Drawdown Comparison
The maximum GAMA.L drawdown since its inception was -68.18%, which is greater than CER.L's maximum drawdown of -47.28%. Use the drawdown chart below to compare losses from any high point for GAMA.L and CER.L.
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Drawdown Indicators
| GAMA.L | CER.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.18% | -47.28% | -20.90% |
Max Drawdown (1Y)Largest decline over 1 year | -41.34% | -47.01% | +5.67% |
Max Drawdown (3Y)Largest decline over 3 years | -58.48% | -47.28% | -11.20% |
Max Drawdown (5Y)Largest decline over 5 years | -68.18% | -47.28% | -20.90% |
Max Drawdown (10Y)Largest decline over 10 years | -68.18% | -47.28% | -20.90% |
Current DrawdownCurrent decline from peak | -56.03% | -33.65% | -22.38% |
Average DrawdownAverage peak-to-trough decline | -22.08% | -10.55% | -11.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.64% | 25.89% | -5.25% |
Volatility
GAMA.L vs. CER.L - Volatility Comparison
Gamma Communications plc (GAMA.L) has a higher volatility of 11.04% compared to Cerillion plc (CER.L) at 9.65%. This indicates that GAMA.L's price experiences larger fluctuations and is considered to be riskier than CER.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GAMA.L | CER.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.04% | 9.65% | +1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 28.19% | 32.83% | -4.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.63% | 45.72% | -13.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.15% | 39.12% | -9.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.33% | 36.66% | -6.33% |
Dividends
GAMA.L vs. CER.L - Dividend Comparison
GAMA.L's dividend yield for the trailing twelve months is around 2.33%, more than CER.L's 0.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CER.L Cerillion plc | 0.84% | 1.15% | 1.28% | 0.70% | 0.75% | 0.80% | 2.12% | 1.92% | 3.15% | 2.73% | 2.82% | 0.00% |
GAMA.L Gamma Communications plc | 2.33% | 2.21% | 1.17% | 1.39% | 1.28% | 0.74% | 0.66% | 0.73% | 1.19% | 1.21% | 1.48% | 1.43% |
Financials
GAMA.L vs. CER.L - Financials Comparison
This section allows you to compare key financial metrics between Gamma Communications plc and Cerillion plc. 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
GAMA.L vs. CER.L - Profitability Comparison
GAMA.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Gamma Communications plc reported a gross profit of 156.00M and revenue of 329.20M. Therefore, the gross margin over that period was 47.4%.
CER.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cerillion plc reported a gross profit of 12.35M and revenue of 18.01M. Therefore, the gross margin over that period was 68.6%.
GAMA.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Gamma Communications plc reported an operating income of 49.80M and revenue of 329.20M, resulting in an operating margin of 15.1%.
CER.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cerillion plc reported an operating income of 4.86M and revenue of 18.01M, resulting in an operating margin of 27.0%.
GAMA.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Gamma Communications plc reported a net income of 32.60M and revenue of 329.20M, resulting in a net margin of 9.9%.
CER.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cerillion plc reported a net income of 4.11M and revenue of 18.01M, resulting in a net margin of 22.8%.
Frequently Asked Questions
GAMA.L and CER.L have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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