LKOH.ME vs. NLMK.ME
LKOH.ME (PJSC LUKOIL) and NLMK.ME (Public Joint Stock Company "Novolipetsk Steel") are both stocks. LKOH.ME operates in Oil & Gas Integrated (Energy), while NLMK.ME operates in Steel (Basic Materials). Over the past 10 years, LKOH.ME returned 18.67%/yr vs 6.37%/yr for NLMK.ME. At a 0.47 correlation, their price movements are largely independent.
Performance
LKOH.ME vs. NLMK.ME - Performance Comparison
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Returns By Period
In the year-to-date period, LKOH.ME achieves a -9.48% return, which is significantly higher than NLMK.ME's -32.01% return. Over the past 10 years, LKOH.ME has outperformed NLMK.ME with an annualized return of 18.67%, while NLMK.ME has yielded a comparatively lower 6.37% annualized return.
LKOH.ME
- 1D
- -0.17%
- 1M
- -7.94%
- YTD
- -9.48%
- 6M
- -5.64%
- 1Y
- -16.17%
- 3Y*
- 12.18%
- 5Y*
- 9.34%
- 10Y*
- 18.67%
NLMK.ME
- 1D
- 1.37%
- 1M
- -14.47%
- YTD
- -32.01%
- 6M
- -32.11%
- 1Y
- -34.74%
- 3Y*
- -21.92%
- 5Y*
- -20.88%
- 10Y*
- 6.37%
LKOH.ME vs. NLMK.ME - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LKOH.ME PJSC LUKOIL | -9.48% | -11.31% | 23.85% | 91.93% | -25.25% | 38.14% | -9.66% | 32.19% | 56.10% | 8.13% |
NLMK.ME Public Joint Stock Company "Novolipetsk Steel" | -32.01% | -27.78% | -17.21% | 51.79% | -45.78% | 23.88% | 64.66% | 5.31% | 20.58% | 42.82% |
Correlation
The correlation between LKOH.ME and NLMK.ME is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Nov 15, 2006 | 0.47 |
The correlation between LKOH.ME and NLMK.ME shifts across timeframes, from 0.42 (10 years) to 0.56 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
LKOH.ME vs. NLMK.ME — Risk / Return Rank
LKOH.ME
NLMK.ME
LKOH.ME vs. NLMK.ME - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PJSC LUKOIL (LKOH.ME) and Public Joint Stock Company "Novolipetsk Steel" (NLMK.ME). 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.
| LKOH.ME | NLMK.ME | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.77 | ||
| Sortino ratioReturn per unit of downside risk | +1.51 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 0.81 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | -0.82 | +0.26 |
| Martin ratioReturn relative to average drawdown | -1.23 | -1.71 | +0.48 |
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Drawdowns
LKOH.ME vs. NLMK.ME - Drawdown Comparison
The maximum LKOH.ME drawdown since its inception was -72.44%, smaller than the maximum NLMK.ME drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for LKOH.ME and NLMK.ME.
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Drawdown Indicators
| LKOH.ME | NLMK.ME | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.44% | -87.55% | +15.11% |
Max Drawdown (1Y)Largest decline over 1 year | -26.27% | -45.82% | +19.55% |
Max Drawdown (3Y)Largest decline over 3 years | -31.84% | -72.07% | +40.23% |
Max Drawdown (5Y)Largest decline over 5 years | -49.88% | -72.07% | +22.19% |
Max Drawdown (10Y)Largest decline over 10 years | -49.88% | -72.07% | +22.19% |
Current DrawdownCurrent decline from peak | -25.39% | -71.69% | +46.30% |
Average DrawdownAverage peak-to-trough decline | -17.37% | -32.07% | +14.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.36% | 20.32% | -6.96% |
Volatility
LKOH.ME vs. NLMK.ME - Volatility Comparison
The current volatility for PJSC LUKOIL (LKOH.ME) is 6.00%, while Public Joint Stock Company "Novolipetsk Steel" (NLMK.ME) has a volatility of 6.76%. This indicates that LKOH.ME experiences smaller price fluctuations and is considered to be less risky than NLMK.ME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LKOH.ME | NLMK.ME | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.00% | 6.76% | -0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 16.93% | 17.08% | -0.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.56% | 24.30% | -0.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.53% | 35.47% | -1.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.15% | 31.71% | -0.56% |
Dividends
LKOH.ME vs. NLMK.ME - Dividend Comparison
LKOH.ME's dividend yield for the trailing twelve months is around 14.29%, while NLMK.ME has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LKOH.ME PJSC LUKOIL | 14.29% | 9.16% | 13.99% | 13.13% | 19.49% | 8.42% | 7.66% | 5.62% | 4.54% | 9.75% | 5.42% | 6.78% |
NLMK.ME Public Joint Stock Company "Novolipetsk Steel" | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 19.32% | 9.93% | 15.91% | 12.36% | 8.53% | 5.73% | 6.60% |
Financials
LKOH.ME vs. NLMK.ME - Financials Comparison
This section allows you to compare key financial metrics between PJSC LUKOIL and Public Joint Stock Company "Novolipetsk Steel". 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
LKOH.ME and NLMK.ME have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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