IDR.MC vs. KOG.OL

Last updated Jun 4, 2026

IDR.MC (Indra A) and KOG.OL (Kongsberg Gruppen ASA) are both stocks. IDR.MC operates in Information Technology Services (Technology), while KOG.OL operates in Aerospace & Defense (Industrials). Over the past 10 years, IDR.MC returned 19.11%/yr vs 35.38%/yr for KOG.OL. At a 0.23 correlation, their price movements are largely independent.

Performance

IDR.MC vs. KOG.OL - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Indra A (IDR.MC) and Kongsberg Gruppen ASA (KOG.OL). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IDR.MC is traded in EUR, while KOG.OL is traded in NOK. To make them comparable, the KOG.OL values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, IDR.MC achieves a 10.47% return, which is significantly lower than KOG.OL's 30.76% return. Over the past 10 years, IDR.MC has underperformed KOG.OL with an annualized return of 19.11%, while KOG.OL has yielded a comparatively higher 35.38% annualized return.

IDR.MC

• 1D: -0.63%
• 1M: 7.37%
• YTD: 10.47%
• 6M: 13.60%
• 1Y: 49.05%
• 3Y*: 68.56%
• 5Y*: 51.38%
• 10Y*: 19.11%

KOG.OL

• 1D: -2.87%
• 1M: -2.24%
• YTD: 30.76%
• 6M: 39.83%
• 1Y: -9.40%
• 3Y*: 56.33%
• 5Y*: 58.88%
• 10Y*: 35.38%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IDR.MC vs. KOG.OL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IDR.MC Indra A	10.47%	186.12%	23.62%	34.32%	13.68%	36.39%	-31.43%	23.62%	-27.79%	9.56%
KOG.OL Kongsberg Gruppen ASA	30.76%	2.12%	165.18%	19.33%	80.23%	76.15%	28.58%	20.70%	-9.95%	14.66%

Correlation

The correlation between IDR.MC and KOG.OL is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Aug 27, 2007	0.23

The correlation between IDR.MC and KOG.OL shifts across timeframes, from 0.23 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

IDR.MC vs. KOG.OL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IDR.MC

IDR.MC Risk / Return Rank: 70
IDR.MC Sharpe Ratio Rank: 71
IDR.MC Sortino Ratio Rank: 69
IDR.MC Omega Ratio Rank: 67
IDR.MC Calmar Ratio Rank: 70
IDR.MC Martin Ratio Rank: 71

KOG.OL

KOG.OL Risk / Return Rank: 27
KOG.OL Sharpe Ratio Rank: 27
KOG.OL Sortino Ratio Rank: 27
KOG.OL Omega Ratio Rank: 27
KOG.OL Calmar Ratio Rank: 28
KOG.OL Martin Ratio Rank: 28

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IDR.MC vs. KOG.OL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Indra A (IDR.MC) and Kongsberg Gruppen ASA (KOG.OL). 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.

	IDR.MC	KOG.OL	Difference
Sharpe ratio Return per unit of total volatility	1.00	-0.19	+1.20
Sortino ratio Return per unit of downside risk	1.69	0.06	+1.63
Omega ratio Gain probability vs. loss probability	1.21	1.01	+0.20
Calmar ratio Return relative to maximum drawdown	1.60	-0.22	+1.82
Martin ratio Return relative to average drawdown	4.05	-0.41	+4.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDR.MC vs. KOG.OL - Sharpe Ratio Comparison

The current IDR.MC Sharpe Ratio is 1.00, which is higher than the KOG.OL Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of IDR.MC and KOG.OL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IDR.MC	KOG.OL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	-0.19	+1.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.44	1.49	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.97	-0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.63	-0.26

Drawdowns

IDR.MC vs. KOG.OL - Drawdown Comparison

The maximum IDR.MC drawdown since its inception was -68.69%, which is greater than KOG.OL's maximum drawdown of -50.43%. Use the drawdown chart below to compare losses from any high point for IDR.MC and KOG.OL.

Drawdown Indicators

	IDR.MC	KOG.OL	Difference
Max Drawdown Largest peak-to-trough decline	-68.69%	-50.43%	-18.26%
Max Drawdown (1Y) Largest decline over 1 year	-30.23%	-42.64%	+12.41%
Max Drawdown (3Y) Largest decline over 3 years	-30.23%	-42.64%	+12.41%
Max Drawdown (5Y) Largest decline over 5 years	-30.68%	-42.64%	+11.96%
Max Drawdown (10Y) Largest decline over 10 years	-63.01%	-50.43%	-12.58%
Current Drawdown Current decline from peak	-16.87%	-24.85%	+7.98%
Average Drawdown Average peak-to-trough decline	-28.34%	-16.62%	-11.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.00%	23.20%	-11.20%

Volatility

IDR.MC vs. KOG.OL - Volatility Comparison

Indra A (IDR.MC) and Kongsberg Gruppen ASA (KOG.OL) have volatilities of 11.20% and 11.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDR.MC	KOG.OL	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.20%	11.31%	-0.11%
Volatility (6M) Calculated over the trailing 6-month period	39.68%	37.28%	+2.40%
Volatility (1Y) Calculated over the trailing 1-year period	48.34%	48.98%	-0.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.17%	39.62%	-4.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.50%	36.54%	-2.04%

Dividends

IDR.MC vs. KOG.OL - Dividend Comparison

IDR.MC's dividend yield for the trailing twelve months is around 0.47%, less than KOG.OL's 1.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDR.MC Indra A	0.47%	0.52%	1.46%	1.79%	1.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KOG.OL Kongsberg Gruppen ASA	1.59%	1.41%	0.90%	12.89%	18.41%	2.31%	5.86%	1.50%	2.29%	2.05%	2.82%	2.42%

Financials

Frequently Asked Questions

Can I hold both IDR.MC and KOG.OL in my portfolio?

IDR.MC and KOG.OL have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.