NDBKY vs. AGRPY
NDBKY (Nedbank Group) and AGRPY (Absa Group Ltd ADR) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, NDBKY returned 7.92%/yr vs 8.83%/yr for AGRPY. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
NDBKY vs. AGRPY - Performance Comparison
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Returns By Period
In the year-to-date period, NDBKY achieves a 9.69% return, which is significantly higher than AGRPY's -3.18% return. Over the past 10 years, NDBKY has underperformed AGRPY with an annualized return of 7.92%, while AGRPY has yielded a comparatively higher 8.83% annualized return.
NDBKY
- 1D
- 0.53%
- 1M
- 2.15%
- 6M
- 7.83%
- YTD
- 9.69%
- 1Y
- 36.90%
- 3Y*
- 18.97%
- 5Y*
- 17.14%
- 10Y*
- 7.92%
- ALL TIME*
- 0.29%
AGRPY
- 1D
- -4.25%
- 1M
- -3.39%
- 6M
- -14.85%
- YTD
- -3.18%
- 1Y
- 43.80%
- 3Y*
- 15.01%
- 5Y*
- 15.62%
- 10Y*
- 8.83%
- ALL TIME*
- 3.95%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AGRPY Absa Group Ltd ADR | $10.08K | $10.21K | $16.15K |
NDBKY Nedbank Group | $350.79K | $450.47K | $491.43K |
NDBKY vs. AGRPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NDBKY Nedbank Group | 9.69% | 19.13% | 36.26% | 4.82% | 21.67% | 26.34% | -38.98% | -16.78% | -2.79% | 25.61% |
AGRPY Absa Group Ltd ADR | -3.18% | 47.36% | 32.83% | -19.33% | 25.65% | 22.21% | -16.54% | -1.13% | -21.36% | 29.62% |
Correlation
The correlation between NDBKY and AGRPY is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.22 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2007 | 0.32 |
The correlation between NDBKY and AGRPY shifts across timeframes, from 0.17 (1 year) to 0.33 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
NDBKY:
$7.84B
AGRPY:
$10.92B
NDBKY:
ZAR 58.63
AGRPY:
ZAR 106.56
NDBKY:
4.82
AGRPY:
4.08
NDBKY:
0.80
AGRPY:
0.71
NDBKY:
1.13
AGRPY:
1.06
NDBKY:
ZAR 161.42B
AGRPY:
ZAR 258.94B
NDBKY:
ZAR 137.43B
AGRPY:
ZAR 262.03B
NDBKY:
ZAR 5.63B
AGRPY:
ZAR 19.30B
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Return for Risk
NDBKY vs. AGRPY — Risk / Return Rank
NDBKY
AGRPY
NDBKY vs. AGRPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nedbank Group (NDBKY) and Absa Group Ltd ADR (AGRPY). 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.
| NDBKY | AGRPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.29 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.62 | 1.95 | -0.32 |
| Martin ratioReturn relative to average drawdown | 3.35 | 4.36 | -1.01 |
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Drawdowns
NDBKY vs. AGRPY - Drawdown Comparison
The maximum NDBKY drawdown since its inception was -86.34%, which is greater than AGRPY's maximum drawdown of -77.40%. Use the drawdown chart below to compare losses from any high point for NDBKY and AGRPY.
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Drawdown Indicators
| NDBKY | AGRPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.34% | -77.40% | -8.94% |
Max Drawdown (1Y)Largest decline over 1 year | -22.76% | -22.60% | -0.16% |
Max Drawdown (3Y)Largest decline over 3 years | -34.14% | -28.50% | -5.64% |
Max Drawdown (5Y)Largest decline over 5 years | -34.14% | -35.61% | +1.47% |
Max Drawdown (10Y)Largest decline over 10 years | -83.25% | -77.40% | -5.85% |
Current DrawdownCurrent decline from peak | -11.12% | -19.72% | +8.60% |
Average DrawdownAverage peak-to-trough decline | -44.94% | -25.98% | -18.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.01% | 10.08% | +0.93% |
Volatility
NDBKY vs. AGRPY - Volatility Comparison
The current volatility for Nedbank Group (NDBKY) is 9.27%, while Absa Group Ltd ADR (AGRPY) has a volatility of 11.03%. This indicates that NDBKY experiences smaller price fluctuations and is considered to be less risky than AGRPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NDBKY | AGRPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.27% | 11.03% | -1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 26.19% | 26.69% | -0.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.91% | 37.42% | -4.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.06% | 41.69% | -6.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.88% | 48.42% | -5.54% |
Dividends
NDBKY vs. AGRPY - Dividend Comparison
NDBKY's dividend yield for the trailing twelve months is around 7.31%, more than AGRPY's 7.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGRPY Absa Group Ltd ADR | 7.15% | 5.94% | 7.25% | 8.23% | 6.20% | 2.13% | 3.46% | 5.73% | 5.92% | 6.84% | 10.38% | 6.80% |
NDBKY Nedbank Group | 7.31% | 7.33% | 7.30% | 7.78% | 8.12% | 2.66% | 3.73% | 4.80% | 4.17% | 3.42% | 8.01% | 7.43% |
Financials
NDBKY vs. AGRPY - Financials Comparison
This section allows you to compare key financial metrics between Nedbank Group and Absa Group Ltd ADR. 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
NDBKY vs. AGRPY - Profitability Comparison
NDBKY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Nedbank Group reported a gross profit of 37.30B and revenue of 78.84B. Therefore, the gross margin over that period was 47.3%.
AGRPY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Absa Group Ltd ADR reported a gross profit of 52.72B and revenue of 99.09B. Therefore, the gross margin over that period was 53.2%.
NDBKY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Nedbank Group reported an operating income of -19.41B and revenue of 78.84B, resulting in an operating margin of -24.6%.
AGRPY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Absa Group Ltd ADR reported an operating income of 16.40B and revenue of 99.09B, resulting in an operating margin of 16.6%.
NDBKY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Nedbank Group reported a net income of 1.13B and revenue of 78.84B, resulting in a net margin of 1.4%.
AGRPY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Absa Group Ltd ADR reported a net income of 10.95B and revenue of 99.09B, resulting in a net margin of 11.1%.
Frequently Asked Questions
NDBKY and AGRPY have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGRPY has higher volatility (11.03%) compared to NDBKY (9.27%). In terms of maximum drawdown, NDBKY dropped -86.34% vs AGRPY's -77.40%.
AGRPY currently has the higher Sharpe Ratio (1.18 vs 1.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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