JSWSTEEL.NS vs. BAJAJ-AUTO.NS
JSWSTEEL.NS (JSW Steel Limited) and BAJAJ-AUTO.NS (Bajaj Auto Limited) are both stocks. JSWSTEEL.NS operates in Steel (Basic Materials), while BAJAJ-AUTO.NS operates in Auto Manufacturers (Consumer Cyclical). Over the past 10 years, JSWSTEEL.NS returned 26.54%/yr vs 17.67%/yr for BAJAJ-AUTO.NS. At a 0.29 correlation, their price movements are largely independent.
Performance
JSWSTEEL.NS vs. BAJAJ-AUTO.NS - Performance Comparison
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Returns By Period
In the year-to-date period, JSWSTEEL.NS achieves a 11.70% return, which is significantly lower than BAJAJ-AUTO.NS's 12.38% return. Over the past 10 years, JSWSTEEL.NS has outperformed BAJAJ-AUTO.NS with an annualized return of 26.54%, while BAJAJ-AUTO.NS has yielded a comparatively lower 17.67% annualized return.
JSWSTEEL.NS
- 1D
- -0.90%
- 1M
- 2.18%
- YTD
- 11.70%
- 6M
- 11.95%
- 1Y
- 34.67%
- 3Y*
- 22.85%
- 5Y*
- 13.77%
- 10Y*
- 26.54%
BAJAJ-AUTO.NS
- 1D
- 1.16%
- 1M
- 1.14%
- YTD
- 12.38%
- 6M
- 15.35%
- 1Y
- 25.82%
- 3Y*
- 33.44%
- 5Y*
- 23.16%
- 10Y*
- 17.67%
JSWSTEEL.NS vs. BAJAJ-AUTO.NS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JSWSTEEL.NS JSW Steel Limited | 11.70% | 29.55% | 3.22% | 15.09% | 20.71% | 71.06% | 44.90% | -10.59% | 14.88% | 67.64% |
BAJAJ-AUTO.NS Bajaj Auto Limited | 12.38% | 8.82% | 30.23% | 93.71% | 15.79% | -2.09% | 12.86% | 19.31% | -16.54% | 29.05% |
Correlation
The correlation between JSWSTEEL.NS and BAJAJ-AUTO.NS is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since May 27, 2008 | 0.29 |
The correlation between JSWSTEEL.NS and BAJAJ-AUTO.NS shifts across timeframes, from 0.27 (5 years) to 0.44 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
JSWSTEEL.NS vs. BAJAJ-AUTO.NS — Risk / Return Rank
JSWSTEEL.NS
BAJAJ-AUTO.NS
JSWSTEEL.NS vs. BAJAJ-AUTO.NS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JSW Steel Limited (JSWSTEEL.NS) and Bajaj Auto Limited (BAJAJ-AUTO.NS). 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.
| JSWSTEEL.NS | BAJAJ-AUTO.NS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.21 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 1.92 | +0.65 |
| Martin ratioReturn relative to average drawdown | 8.00 | 5.46 | +2.55 |
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
| JSWSTEEL.NS | BAJAJ-AUTO.NS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.49 | 1.18 | +0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.99 | -0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | 0.71 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.84 | -0.31 |
Drawdowns
JSWSTEEL.NS vs. BAJAJ-AUTO.NS - Drawdown Comparison
The maximum JSWSTEEL.NS drawdown since its inception was -87.83%, which is greater than BAJAJ-AUTO.NS's maximum drawdown of -52.38%. Use the drawdown chart below to compare losses from any high point for JSWSTEEL.NS and BAJAJ-AUTO.NS.
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Drawdown Indicators
| JSWSTEEL.NS | BAJAJ-AUTO.NS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.83% | -52.38% | -35.45% |
Max Drawdown (1Y)Largest decline over 1 year | -13.35% | -13.63% | +0.28% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -42.12% | +27.17% |
Max Drawdown (5Y)Largest decline over 5 years | -31.18% | -42.12% | +10.94% |
Max Drawdown (10Y)Largest decline over 10 years | -65.74% | -42.12% | -23.62% |
Current DrawdownCurrent decline from peak | -0.90% | -14.83% | +13.93% |
Average DrawdownAverage peak-to-trough decline | -26.02% | -10.75% | -15.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.31% | 5.05% | -0.74% |
Volatility
JSWSTEEL.NS vs. BAJAJ-AUTO.NS - Volatility Comparison
The current volatility for JSW Steel Limited (JSWSTEEL.NS) is 5.06%, while Bajaj Auto Limited (BAJAJ-AUTO.NS) has a volatility of 7.00%. This indicates that JSWSTEEL.NS experiences smaller price fluctuations and is considered to be less risky than BAJAJ-AUTO.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JSWSTEEL.NS | BAJAJ-AUTO.NS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.06% | 7.00% | -1.94% |
Volatility (6M)Calculated over the trailing 6-month period | 18.99% | 17.84% | +1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.10% | 22.22% | +0.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.08% | 23.87% | +4.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.94% | 25.43% | +7.51% |
Dividends
JSWSTEEL.NS vs. BAJAJ-AUTO.NS - Dividend Comparison
JSWSTEEL.NS's dividend yield for the trailing twelve months is around 0.22%, less than BAJAJ-AUTO.NS's 3.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAJAJ-AUTO.NS Bajaj Auto Limited | 3.47% | 2.25% | 0.91% | 2.05% | 3.86% | 4.31% | 3.49% | 1.89% | 2.20% | 1.65% | 2.09% | 1.97% |
JSWSTEEL.NS JSW Steel Limited | 0.22% | 0.24% | 0.81% | 0.39% | 2.26% | 0.99% | 0.52% | 1.52% | 1.04% | 0.83% | 0.00% | 0.01% |
Financials
JSWSTEEL.NS vs. BAJAJ-AUTO.NS - Financials Comparison
This section allows you to compare key financial metrics between JSW Steel Limited and Bajaj Auto Limited. 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
JSWSTEEL.NS and BAJAJ-AUTO.NS have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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