NAS.OL vs. NKT.CO
NAS.OL (Norwegian Air Shuttle ASA) and NKT.CO (NKT A/S) are both stocks. Both are in the Industrials sector — NAS.OL in Airlines, NKT.CO in Electrical Equipment & Parts. Over the past 10 years, NAS.OL returned -43.37%/yr vs 23.50%/yr for NKT.CO. At a 0.20 correlation, their price movements are largely independent.
Performance
NAS.OL vs. NKT.CO - Performance Comparison
Loading charts...
Different Trading Currencies
NAS.OL is traded in NOK, while NKT.CO is traded in DKK. To make them comparable, the NKT.CO values have been converted to NOK using the latest available exchange rates.
Returns By Period
In the year-to-date period, NAS.OL achieves a -8.42% return, which is significantly lower than NKT.CO's 14.27% return. Over the past 10 years, NAS.OL has underperformed NKT.CO with an annualized return of -43.37%, while NKT.CO has yielded a comparatively higher 23.50% annualized return.
NAS.OL
- 1D
- 6.62%
- 1M
- 4.49%
- YTD
- -8.42%
- 6M
- -8.84%
- 1Y
- 27.19%
- 3Y*
- 10.35%
- 5Y*
- 9.06%
- 10Y*
- -43.37%
NKT.CO
- 1D
- -0.25%
- 1M
- -5.19%
- YTD
- 14.27%
- 6M
- 13.75%
- 1Y
- 73.64%
- 3Y*
- 31.25%
- 5Y*
- 33.33%
- 10Y*
- 23.50%
NAS.OL vs. NKT.CO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NAS.OL Norwegian Air Shuttle ASA | -8.42% | 67.67% | 2.61% | 46.05% | -31.72% | -43.36% | -98.92% | -34.23% | -0.80% | -38.68% |
NKT.CO NKT A/S | 14.27% | 55.04% | 16.11% | 38.48% | 29.82% | 10.81% | 103.94% | 78.52% | -68.25% | 23.54% |
Correlation
The correlation between NAS.OL and NKT.CO is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2007 | 0.20 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NAS.OL vs. NKT.CO — Risk / Return Rank
NAS.OL
NKT.CO
NAS.OL vs. NKT.CO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Norwegian Air Shuttle ASA (NAS.OL) and NKT A/S (NKT.CO). 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.
| NAS.OL | NKT.CO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.30 | ||
| Sortino ratioReturn per unit of downside risk | -1.76 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.35 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.06 | 5.86 | -4.80 |
| Martin ratioReturn relative to average drawdown | 2.52 | 14.92 | -12.40 |
Loading charts...
Drawdowns
NAS.OL vs. NKT.CO - Drawdown Comparison
The maximum NAS.OL drawdown since its inception was -99.89%, which is greater than NKT.CO's maximum drawdown of -83.00%. Use the drawdown chart below to compare losses from any high point for NAS.OL and NKT.CO.
Loading charts...
Drawdown Indicators
| NAS.OL | NKT.CO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.89% | -83.00% | -16.89% |
Max Drawdown (1Y)Largest decline over 1 year | -25.86% | -12.82% | -13.04% |
Max Drawdown (3Y)Largest decline over 3 years | -45.62% | -34.52% | -11.10% |
Max Drawdown (5Y)Largest decline over 5 years | -50.38% | -34.52% | -15.86% |
Max Drawdown (10Y)Largest decline over 10 years | -99.88% | -74.33% | -25.55% |
Current DrawdownCurrent decline from peak | -99.71% | -10.06% | -89.65% |
Average DrawdownAverage peak-to-trough decline | -54.79% | -29.67% | -25.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.91% | 5.11% | +5.80% |
Volatility
NAS.OL vs. NKT.CO - Volatility Comparison
Norwegian Air Shuttle ASA (NAS.OL) has a higher volatility of 16.42% compared to NKT A/S (NKT.CO) at 11.52%. This indicates that NAS.OL's price experiences larger fluctuations and is considered to be riskier than NKT.CO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NAS.OL | NKT.CO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.42% | 11.52% | +4.90% |
Volatility (6M)Calculated over the trailing 6-month period | 29.95% | 24.16% | +5.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.93% | 37.50% | +1.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.19% | 36.70% | +8.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 84.76% | 40.62% | +44.14% |
Dividends
NAS.OL vs. NKT.CO - Dividend Comparison
NAS.OL's dividend yield for the trailing twelve months is around 11.23%, while NKT.CO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAS.OL Norwegian Air Shuttle ASA | 11.23% | 5.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NKT.CO NKT A/S | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.42% | 2.25% |
Financials
NAS.OL vs. NKT.CO - Financials Comparison
This section allows you to compare key financial metrics between Norwegian Air Shuttle ASA and NKT A/S. 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
NAS.OL and NKT.CO have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for NAS.OL and NKT.CO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer