IG.MI vs. BAMI.MI
IG.MI (Italgas SpA) and BAMI.MI (Banco Bpm SpA) are both stocks. IG.MI operates in Utilities - Regulated Gas (Utilities), while BAMI.MI operates in Banks - Regional (Financial Services). Over the past 5 years, IG.MI returned 20.01%/yr vs 48.30%/yr for BAMI.MI. At a 0.20 correlation, their price movements are largely independent.
Performance
IG.MI vs. BAMI.MI - Performance Comparison
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Returns By Period
In the year-to-date period, IG.MI achieves a 16.85% return, which is significantly higher than BAMI.MI's 15.53% return.
IG.MI
- 1D
- -0.09%
- 1M
- 7.38%
- YTD
- 16.85%
- 6M
- 21.45%
- 1Y
- 59.60%
- 3Y*
- 30.93%
- 5Y*
- 20.01%
- 10Y*
- —
BAMI.MI
- 1D
- 2.56%
- 1M
- 8.33%
- YTD
- 15.53%
- 6M
- 21.51%
- 1Y
- 57.44%
- 3Y*
- 71.53%
- 5Y*
- 48.30%
- 10Y*
- 24.71%
IG.MI vs. BAMI.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IG.MI Italgas SpA | 16.85% | 86.25% | 11.69% | 5.59% | -10.06% | 22.19% | 0.69% | 13.40% | 2.50% | 42.16% |
BAMI.MI Banco Bpm SpA | 15.53% | 83.87% | 89.87% | 51.78% | 34.49% | 49.63% | -10.84% | 3.05% | -24.81% | 14.41% |
Correlation
The correlation between IG.MI and BAMI.MI is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2016 | 0.20 |
The correlation between IG.MI and BAMI.MI shifts across timeframes, from 0.09 (3 years) to 0.20 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IG.MI vs. BAMI.MI — Risk / Return Rank
IG.MI
BAMI.MI
IG.MI vs. BAMI.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Italgas SpA (IG.MI) and Banco Bpm SpA (BAMI.MI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IG.MI | BAMI.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.07 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.32 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 4.64 | 3.74 | +0.90 |
| Martin ratioReturn relative to average drawdown | 13.33 | 11.26 | +2.07 |
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Drawdowns
IG.MI vs. BAMI.MI - Drawdown Comparison
The maximum IG.MI drawdown since its inception was -34.66%, smaller than the maximum BAMI.MI drawdown of -97.29%. Use the drawdown chart below to compare losses from any high point for IG.MI and BAMI.MI.
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Drawdown Indicators
| IG.MI | BAMI.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.66% | -97.29% | +62.63% |
Max Drawdown (1Y)Largest decline over 1 year | -13.24% | -14.77% | +1.53% |
Max Drawdown (3Y)Largest decline over 3 years | -15.44% | -21.91% | +6.47% |
Max Drawdown (5Y)Largest decline over 5 years | -25.97% | -36.09% | +10.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -70.37% | — |
Current DrawdownCurrent decline from peak | -0.50% | -41.98% | +41.48% |
Average DrawdownAverage peak-to-trough decline | -7.25% | -79.90% | +72.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.61% | 4.91% | -0.30% |
Volatility
IG.MI vs. BAMI.MI - Volatility Comparison
Italgas SpA (IG.MI) and Banco Bpm SpA (BAMI.MI) have volatilities of 6.47% and 6.41%, 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.
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Volatility by Period
| IG.MI | BAMI.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.47% | 6.41% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 16.24% | 20.10% | -3.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.85% | 27.24% | -7.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.44% | 33.91% | -13.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.65% | 41.06% | -18.41% |
Dividends
IG.MI vs. BAMI.MI - Dividend Comparison
IG.MI's dividend yield for the trailing twelve months is around 4.06%, less than BAMI.MI's 6.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BAMI.MI Banco Bpm SpA | 6.93% | 8.14% | 12.29% | 4.81% | 5.71% | 2.27% | 0.00% | 0.00% | 0.00% | 0.00% | 4.86% |
IG.MI Italgas SpA | 4.06% | 4.00% | 6.51% | 6.12% | 5.68% | 4.58% | 4.92% | 4.30% | 4.16% | 3.93% | 0.00% |
Financials
IG.MI vs. BAMI.MI - Financials Comparison
This section allows you to compare key financial metrics between Italgas SpA and Banco Bpm SpA. 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
IG.MI and BAMI.MI have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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