MAZDOCK.NS vs. 298040.KS
MAZDOCK.NS (Mazagon Dock Shipbuilders Limited) and 298040.KS (Hyosung Heavy Industries Corp) are both stocks. Both are in the Industrials sector — MAZDOCK.NS in Aerospace & Defense, 298040.KS in Specialty Industrial Machinery. Over the past 5 years, MAZDOCK.NS returned 110.02%/yr vs 111.89%/yr for 298040.KS. At a 0.09 correlation, their price movements are largely independent.
Performance
MAZDOCK.NS vs. 298040.KS - Performance Comparison
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Different Trading Currencies
MAZDOCK.NS is traded in INR, while 298040.KS is traded in KRW. To make them comparable, the 298040.KS values have been converted to INR using the latest available exchange rates.
Returns By Period
In the year-to-date period, MAZDOCK.NS achieves a -2.92% return, which is significantly lower than 298040.KS's 90.41% return.
MAZDOCK.NS
- 1D
- 2.67%
- 1M
- -4.30%
- YTD
- -2.92%
- 6M
- -1.67%
- 1Y
- -24.46%
- 3Y*
- 113.50%
- 5Y*
- 110.02%
- 10Y*
- —
298040.KS
- 1D
- 3.62%
- 1M
- -21.44%
- YTD
- 90.41%
- 6M
- 76.39%
- 1Y
- 398.95%
- 3Y*
- 230.75%
- 5Y*
- 111.89%
- 10Y*
- —
MAZDOCK.NS vs. 298040.KS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MAZDOCK.NS Mazagon Dock Shipbuilders Limited | -2.92% | 12.25% | 297.56% | 193.96% | 208.20% | 36.22% | 1.66% |
298040.KS Hyosung Heavy Industries Corp | 90.41% | 387.29% | 122.28% | 106.54% | 40.19% | -13.04% | 0.67% |
Correlation
The correlation between MAZDOCK.NS and 298040.KS is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2020 | 0.09 |
The correlation between MAZDOCK.NS and 298040.KS shifts across timeframes, from 0.04 (3 years) to 0.21 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MAZDOCK.NS vs. 298040.KS — Risk / Return Rank
MAZDOCK.NS
298040.KS
MAZDOCK.NS vs. 298040.KS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mazagon Dock Shipbuilders Limited (MAZDOCK.NS) and Hyosung Heavy Industries Corp (298040.KS). 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.
| MAZDOCK.NS | 298040.KS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.20 | ||
| Sortino ratioReturn per unit of downside risk | -6.04 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.63 | -0.74 |
| Calmar ratioReturn relative to maximum drawdown | -0.66 | 12.73 | -13.39 |
| Martin ratioReturn relative to average drawdown | -1.14 | 35.67 | -36.81 |
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Drawdowns
MAZDOCK.NS vs. 298040.KS - Drawdown Comparison
The maximum MAZDOCK.NS drawdown since its inception was -44.60%, smaller than the maximum 298040.KS drawdown of -87.22%. Use the drawdown chart below to compare losses from any high point for MAZDOCK.NS and 298040.KS.
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Drawdown Indicators
| MAZDOCK.NS | 298040.KS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.60% | -87.22% | +42.62% |
Max Drawdown (1Y)Largest decline over 1 year | -37.83% | -33.45% | -4.38% |
Max Drawdown (3Y)Largest decline over 3 years | -44.60% | -43.52% | -1.08% |
Max Drawdown (5Y)Largest decline over 5 years | -44.60% | -47.61% | +3.01% |
Current DrawdownCurrent decline from peak | -35.35% | -29.71% | -5.64% |
Average DrawdownAverage peak-to-trough decline | -13.73% | -25.02% | +11.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.51% | 11.75% | +11.76% |
Volatility
MAZDOCK.NS vs. 298040.KS - Volatility Comparison
The current volatility for Mazagon Dock Shipbuilders Limited (MAZDOCK.NS) is 5.72%, while Hyosung Heavy Industries Corp (298040.KS) has a volatility of 20.12%. This indicates that MAZDOCK.NS experiences smaller price fluctuations and is considered to be less risky than 298040.KS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAZDOCK.NS | 298040.KS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.72% | 20.12% | -14.40% |
Volatility (6M)Calculated over the trailing 6-month period | 28.75% | 50.37% | -21.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.82% | 65.74% | -30.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.87% | 61.34% | +5.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.48% | 60.77% | +4.71% |
Dividends
MAZDOCK.NS vs. 298040.KS - Dividend Comparison
MAZDOCK.NS's dividend yield for the trailing twelve months is around 0.67%, more than 298040.KS's 0.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
298040.KS Hyosung Heavy Industries Corp | 0.22% | 0.42% | 1.27% | 1.54% | 0.00% | 0.00% |
MAZDOCK.NS Mazagon Dock Shipbuilders Limited | 0.67% | 0.47% | 0.79% | 1.95% | 4.50% | 5.19% |
Financials
MAZDOCK.NS vs. 298040.KS - Financials Comparison
This section allows you to compare key financial metrics between Mazagon Dock Shipbuilders Limited and Hyosung Heavy Industries Corp. 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
MAZDOCK.NS and 298040.KS have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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