NINOY vs. CAJPY
NINOY (Nikon Corp) and CAJPY (Canon Inc.) are both stocks. NINOY operates in Leisure (Consumer Cyclical), while CAJPY operates in Computer Hardware (Technology). Over the past 10 years, NINOY returned -0.94%/yr vs 1.94%/yr for CAJPY. At a 0.31 correlation, their price movements are largely independent.
Performance
NINOY vs. CAJPY - Performance Comparison
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Returns By Period
In the year-to-date period, NINOY achieves a 10.43% return, which is significantly higher than CAJPY's -6.67% return. Over the past 10 years, NINOY has underperformed CAJPY with an annualized return of -0.94%, while CAJPY has yielded a comparatively higher 1.94% annualized return.
NINOY
- 1D
- 7.81%
- 1M
- 11.76%
- YTD
- 10.43%
- 6M
- 6.93%
- 1Y
- 24.12%
- 3Y*
- 4.40%
- 5Y*
- 3.18%
- 10Y*
- -0.94%
CAJPY
- 1D
- 1.03%
- 1M
- 8.28%
- YTD
- -6.67%
- 6M
- -6.64%
- 1Y
- -6.14%
- 3Y*
- 4.87%
- 5Y*
- 5.72%
- 10Y*
- 1.94%
NINOY vs. CAJPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NINOY Nikon Corp | 10.43% | 9.37% | 7.64% | 11.14% | -17.77% | 71.73% | -48.65% | -18.02% | -26.17% | 29.85% |
CAJPY Canon Inc. | -6.67% | -7.51% | 29.28% | 20.27% | -7.62% | 30.42% | -26.31% | -0.91% | -26.20% | 35.57% |
Correlation
The correlation between NINOY and CAJPY is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2007 | 0.31 |
The correlation between NINOY and CAJPY shifts across timeframes, from 0.25 (3 years) to 0.36 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
NINOY:
$4.02B
CAJPY:
$24.15B
NINOY:
-$267.25
CAJPY:
$348.71
NINOY:
0.01
CAJPY:
0.01
NINOY:
0.01
CAJPY:
0.01
NINOY:
$529.47B
CAJPY:
$4.70T
NINOY:
$281.04B
CAJPY:
$2.19T
NINOY:
-$55.25B
CAJPY:
$640.52B
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Return for Risk
NINOY vs. CAJPY — Risk / Return Rank
NINOY
CAJPY
NINOY vs. CAJPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nikon Corp (NINOY) and Canon Inc. (CAJPY). 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.
| NINOY | CAJPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.98 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | -0.28 | +1.38 |
| Martin ratioReturn relative to average drawdown | 2.86 | -0.69 | +3.55 |
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
| NINOY | CAJPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.47 | -0.26 | +0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | 0.24 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | 0.08 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.36 | 0.29 | -0.65 |
Drawdowns
NINOY vs. CAJPY - Drawdown Comparison
The maximum NINOY drawdown since its inception was -98.33%, which is greater than CAJPY's maximum drawdown of -68.72%. Use the drawdown chart below to compare losses from any high point for NINOY and CAJPY.
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Drawdown Indicators
| NINOY | CAJPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.33% | -68.72% | -29.61% |
Max Drawdown (1Y)Largest decline over 1 year | -21.88% | -22.23% | +0.35% |
Max Drawdown (3Y)Largest decline over 3 years | -33.32% | -25.93% | -7.39% |
Max Drawdown (5Y)Largest decline over 5 years | -33.32% | -25.93% | -7.39% |
Max Drawdown (10Y)Largest decline over 10 years | -72.10% | -60.76% | -11.34% |
Current DrawdownCurrent decline from peak | -96.35% | -20.87% | -75.48% |
Average DrawdownAverage peak-to-trough decline | -79.55% | -20.45% | -59.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.45% | 8.94% | -0.49% |
Volatility
NINOY vs. CAJPY - Volatility Comparison
Nikon Corp (NINOY) has a higher volatility of 24.84% compared to Canon Inc. (CAJPY) at 5.00%. This indicates that NINOY's price experiences larger fluctuations and is considered to be riskier than CAJPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NINOY | CAJPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.84% | 5.00% | +19.84% |
Volatility (6M)Calculated over the trailing 6-month period | 38.02% | 18.41% | +19.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.78% | 24.07% | +27.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.63% | 23.57% | +18.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.83% | 23.18% | +13.65% |
Dividends
NINOY vs. CAJPY - Dividend Comparison
NINOY has not paid dividends to shareholders, while CAJPY's dividend yield for the trailing twelve months is around 1.96%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAJPY Canon Inc. | 1.96% | 1.83% | 1.64% | 1.85% | 4.15% | 3.51% | 3.92% | 0.00% | 0.00% | 1.83% | 5.03% | 4.30% |
NINOY Nikon Corp | 0.00% | 1.55% | 1.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.30% | 0.00% |
Financials
NINOY vs. CAJPY - Financials Comparison
This section allows you to compare key financial metrics between Nikon Corp and Canon Inc.. 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
NINOY vs. CAJPY - Profitability Comparison
NINOY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nikon Corp reported a gross profit of 79.64B and revenue of 196.81B. Therefore, the gross margin over that period was 40.5%.
CAJPY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canon Inc. reported a gross profit of 514.56B and revenue of 1.11T. Therefore, the gross margin over that period was 46.2%.
NINOY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nikon Corp reported an operating income of 1.11B and revenue of 196.81B, resulting in an operating margin of 0.6%.
CAJPY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canon Inc. reported an operating income of 72.68B and revenue of 1.11T, resulting in an operating margin of 6.5%.
NINOY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nikon Corp reported a net income of 1.15B and revenue of 196.81B, resulting in a net margin of 0.6%.
CAJPY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canon Inc. reported a net income of 49.19B and revenue of 1.11T, resulting in a net margin of 4.4%.
Frequently Asked Questions
NINOY and CAJPY have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NINOY has higher volatility (24.84%) compared to CAJPY (5.00%). In terms of maximum drawdown, NINOY dropped -98.33% vs CAJPY's -68.72%.
NINOY currently has the higher Sharpe Ratio (0.47 vs -0.26), 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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