GAMA.L vs. SSAB-B.ST
GAMA.L (Gamma Communications plc) and SSAB-B.ST (SSAB AB (publ)) are both stocks. GAMA.L operates in Telecom Services (Communication Services), while SSAB-B.ST operates in Steel (Basic Materials). Over the past 10 years, GAMA.L returned 9.28%/yr vs 28.89%/yr for SSAB-B.ST. At a 0.12 correlation, their price movements are largely independent.
Performance
GAMA.L vs. SSAB-B.ST - Performance Comparison
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Different Trading Currencies
GAMA.L is traded in GBp, while SSAB-B.ST is traded in SEK. To make them comparable, the SSAB-B.ST values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, GAMA.L achieves a 4.84% return, which is significantly lower than SSAB-B.ST's 43.13% return. Over the past 10 years, GAMA.L has underperformed SSAB-B.ST with an annualized return of 9.28%, while SSAB-B.ST has yielded a comparatively higher 28.89% 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%
SSAB-B.ST
- 1D
- 2.16%
- 1M
- 15.18%
- YTD
- 43.13%
- 6M
- 49.52%
- 1Y
- 74.87%
- 3Y*
- 18.54%
- 5Y*
- 26.91%
- 10Y*
- 28.89%
GAMA.L vs. SSAB-B.ST - 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% |
SSAB-B.ST SSAB AB (publ) | 43.13% | 85.11% | -42.69% | 57.49% | 25.46% | 59.31% | 42.47% | 19.31% | -32.16% | 29.12% |
Correlation
The correlation between GAMA.L and SSAB-B.ST is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Oct 13, 2014 | 0.12 |
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Return for Risk
GAMA.L vs. SSAB-B.ST — Risk / Return Rank
GAMA.L
SSAB-B.ST
GAMA.L vs. SSAB-B.ST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gamma Communications plc (GAMA.L) and SSAB AB (publ) (SSAB-B.ST). 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 | SSAB-B.ST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.58 | ||
| Sortino ratioReturn per unit of downside risk | -3.30 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.33 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | 4.05 | -4.48 |
| Martin ratioReturn relative to average drawdown | -0.86 | 8.78 | -9.64 |
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 | SSAB-B.ST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.54 | 2.04 | -2.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.44 | 0.72 | -1.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.72 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.06 | +0.47 |
Drawdowns
GAMA.L vs. SSAB-B.ST - Drawdown Comparison
The maximum GAMA.L drawdown since its inception was -68.18%, smaller than the maximum SSAB-B.ST drawdown of -92.40%. Use the drawdown chart below to compare losses from any high point for GAMA.L and SSAB-B.ST.
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Drawdown Indicators
| GAMA.L | SSAB-B.ST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.18% | -92.40% | +24.22% |
Max Drawdown (1Y)Largest decline over 1 year | -41.34% | -18.77% | -22.57% |
Max Drawdown (3Y)Largest decline over 3 years | -58.48% | -48.20% | -10.28% |
Max Drawdown (5Y)Largest decline over 5 years | -68.18% | -48.20% | -19.98% |
Max Drawdown (10Y)Largest decline over 10 years | -68.18% | -53.42% | -14.76% |
Current DrawdownCurrent decline from peak | -56.03% | 0.00% | -56.03% |
Average DrawdownAverage peak-to-trough decline | -22.08% | -57.62% | +35.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.64% | 8.81% | +11.83% |
Volatility
GAMA.L vs. SSAB-B.ST - Volatility Comparison
Gamma Communications plc (GAMA.L) has a higher volatility of 11.04% compared to SSAB AB (publ) (SSAB-B.ST) at 9.01%. This indicates that GAMA.L's price experiences larger fluctuations and is considered to be riskier than SSAB-B.ST 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 | SSAB-B.ST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.04% | 9.01% | +2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 28.19% | 26.77% | +1.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.63% | 37.35% | -4.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.15% | 37.68% | -8.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.33% | 40.46% | -10.13% |
Dividends
GAMA.L vs. SSAB-B.ST - Dividend Comparison
GAMA.L's dividend yield for the trailing twelve months is around 2.33%, more than SSAB-B.ST's 2.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SSAB-B.ST SSAB AB (publ) | 2.03% | 3.73% | 11.39% | 11.29% | 9.69% | 0.00% | 27.63% | 4.91% | 4.01% | 0.00% | 0.00% | 0.00% |
Financials
GAMA.L vs. SSAB-B.ST - Financials Comparison
This section allows you to compare key financial metrics between Gamma Communications plc and SSAB AB (publ). 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
GAMA.L and SSAB-B.ST have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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