HH.CO vs. TYRES.HE
HH.CO (H+H International A/S) and TYRES.HE (Nokian Renkaat Oyj) are both stocks. HH.CO operates in Building Materials (Basic Materials), while TYRES.HE operates in Auto Parts (Consumer Cyclical). Over the past 10 years, HH.CO returned 3.61%/yr vs -5.30%/yr for TYRES.HE. At a 0.25 correlation, their price movements are largely independent.
Performance
HH.CO vs. TYRES.HE - Performance Comparison
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Different Trading Currencies
HH.CO is traded in DKK, while TYRES.HE is traded in EUR. To make them comparable, the TYRES.HE values have been converted to DKK using the latest available exchange rates.
Returns By Period
In the year-to-date period, HH.CO achieves a 3.87% return, which is significantly lower than TYRES.HE's 22.67% return. Over the past 10 years, HH.CO has outperformed TYRES.HE with an annualized return of 3.61%, while TYRES.HE has yielded a comparatively lower -5.30% annualized return.
HH.CO
- 1D
- -3.11%
- 1M
- -9.29%
- YTD
- 3.87%
- 6M
- 4.65%
- 1Y
- -24.57%
- 3Y*
- -1.95%
- 5Y*
- -13.09%
- 10Y*
- 3.61%
TYRES.HE
- 1D
- 1.02%
- 1M
- 10.90%
- YTD
- 22.67%
- 6M
- 34.92%
- 1Y
- 81.63%
- 3Y*
- 16.73%
- 5Y*
- -15.38%
- 10Y*
- -5.30%
HH.CO vs. TYRES.HE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HH.CO H+H International A/S | 3.87% | 18.30% | -11.37% | -13.45% | -55.39% | 74.24% | 5.77% | 31.37% | -21.76% | 92.05% |
TYRES.HE Nokian Renkaat Oyj | 22.67% | 34.38% | -4.91% | -7.53% | -69.95% | 19.86% | 18.01% | 0.59% | -25.55% | 11.29% |
Correlation
The correlation between HH.CO and TYRES.HE is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Aug 29, 2007 | 0.25 |
The correlation between HH.CO and TYRES.HE shifts across timeframes, from 0.20 (1 year) to 0.31 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
HH.CO vs. TYRES.HE — Risk / Return Rank
HH.CO
TYRES.HE
HH.CO vs. TYRES.HE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for H+H International A/S (HH.CO) and Nokian Renkaat Oyj (TYRES.HE). 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.
| HH.CO | TYRES.HE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.02 | ||
| Sortino ratioReturn per unit of downside risk | -4.58 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.45 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 3.79 | -4.36 |
| Martin ratioReturn relative to average drawdown | -0.85 | 9.79 | -10.65 |
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
| HH.CO | TYRES.HE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.57 | 2.44 | -3.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.32 | -0.38 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | -0.15 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.02 | 0.00 | -0.02 |
Drawdowns
HH.CO vs. TYRES.HE - Drawdown Comparison
The maximum HH.CO drawdown since its inception was -97.98%, which is greater than TYRES.HE's maximum drawdown of -80.18%. Use the drawdown chart below to compare losses from any high point for HH.CO and TYRES.HE.
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Drawdown Indicators
| HH.CO | TYRES.HE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.98% | -80.18% | -17.80% |
Max Drawdown (1Y)Largest decline over 1 year | -43.39% | -21.78% | -21.61% |
Max Drawdown (3Y)Largest decline over 3 years | -43.39% | -32.41% | -10.98% |
Max Drawdown (5Y)Largest decline over 5 years | -75.97% | -80.18% | +4.21% |
Max Drawdown (10Y)Largest decline over 10 years | -75.97% | -80.18% | +4.21% |
Current DrawdownCurrent decline from peak | -89.93% | -59.10% | -30.83% |
Average DrawdownAverage peak-to-trough decline | -65.46% | -32.71% | -32.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.99% | 8.39% | +20.60% |
Volatility
HH.CO vs. TYRES.HE - Volatility Comparison
H+H International A/S (HH.CO) has a higher volatility of 8.28% compared to Nokian Renkaat Oyj (TYRES.HE) at 7.09%. This indicates that HH.CO's price experiences larger fluctuations and is considered to be riskier than TYRES.HE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HH.CO | TYRES.HE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.28% | 7.09% | +1.19% |
Volatility (6M)Calculated over the trailing 6-month period | 32.67% | 24.16% | +8.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.45% | 33.79% | +9.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.57% | 41.02% | +0.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.82% | 36.35% | +2.47% |
Dividends
HH.CO vs. TYRES.HE - Dividend Comparison
HH.CO has not paid dividends to shareholders, while TYRES.HE's dividend yield for the trailing twelve months is around 2.21%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HH.CO H+H International A/S | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TYRES.HE Nokian Renkaat Oyj | 2.21% | 2.64% | 7.49% | 6.66% | 5.74% | 3.60% | 3.96% | 6.16% | 5.82% | 4.05% | 4.23% | 4.38% |
Financials
HH.CO vs. TYRES.HE - Financials Comparison
This section allows you to compare key financial metrics between H+H International A/S and Nokian Renkaat Oyj. 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
HH.CO and TYRES.HE have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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