NKE vs. PAF.L
NKE (NIKE, Inc.) and PAF.L (Pan African Resources plc) are both stocks. NKE operates in Footwear & Accessories (Consumer Cyclical), while PAF.L operates in Gold (Basic Materials). Over the past 10 years, NKE returned -0.48%/yr vs 23.78%/yr for PAF.L. At a 0.05 correlation, their price movements are largely independent.
Performance
NKE vs. PAF.L - Performance Comparison
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Different Trading Currencies
NKE is traded in USD, while PAF.L is traded in GBp. To make them comparable, the PAF.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NKE achieves a -28.37% return, which is significantly lower than PAF.L's -10.01% return. Over the past 10 years, NKE has underperformed PAF.L with an annualized return of -0.48%, while PAF.L has yielded a comparatively higher 23.78% annualized return.
NKE
- 1D
- -2.24%
- 1M
- 7.88%
- YTD
- -28.37%
- 6M
- -32.37%
- 1Y
- -23.74%
- 3Y*
- -23.49%
- 5Y*
- -18.04%
- 10Y*
- -0.48%
PAF.L
- 1D
- 5.45%
- 1M
- -27.78%
- YTD
- -10.01%
- 6M
- -1.41%
- 1Y
- 128.87%
- 3Y*
- 112.79%
- 5Y*
- 45.23%
- 10Y*
- 23.78%
NKE vs. PAF.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NKE NIKE, Inc. | -28.37% | -13.83% | -29.11% | -6.01% | -29.04% | 18.70% | 40.97% | 38.09% | 19.87% | 24.70% |
PAF.L Pan African Resources plc | -10.01% | 285.04% | 105.84% | 11.99% | -6.99% | -26.45% | 109.18% | 46.45% | -38.63% | -3.35% |
Correlation
The correlation between NKE and PAF.L is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007 | 0.05 |
Fundamentals
NKE:
$66.51B
PAF.L:
£2.21B
NKE:
$1.52
PAF.L:
$0.29
NKE:
29.55
PAF.L:
4.95
NKE:
1.43
PAF.L:
1.51
NKE:
4.72
PAF.L:
4.29
NKE:
$46.52B
PAF.L:
$1.03B
NKE:
$18.99B
PAF.L:
$489.97M
NKE:
$3.33B
PAF.L:
$528.52M
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Return for Risk
NKE vs. PAF.L — Risk / Return Rank
NKE
PAF.L
NKE vs. PAF.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NIKE, Inc. (NKE) and Pan African Resources plc (PAF.L). 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.
| NKE | PAF.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.99 | ||
| Sortino ratioReturn per unit of downside risk | -3.45 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.34 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | 2.85 | -3.43 |
| Martin ratioReturn relative to average drawdown | -1.09 | 9.31 | -10.39 |
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Drawdowns
NKE vs. PAF.L - Drawdown Comparison
The maximum NKE drawdown since its inception was -75.19%, smaller than the maximum PAF.L drawdown of -86.42%. Use the drawdown chart below to compare losses from any high point for NKE and PAF.L.
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Drawdown Indicators
| NKE | PAF.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.19% | -86.42% | +11.23% |
Max Drawdown (1Y)Largest decline over 1 year | -46.18% | -44.89% | -1.29% |
Max Drawdown (3Y)Largest decline over 3 years | -64.21% | -44.89% | -19.32% |
Max Drawdown (5Y)Largest decline over 5 years | -74.64% | -49.04% | -25.60% |
Max Drawdown (10Y)Largest decline over 10 years | -74.64% | -70.44% | -4.20% |
Current DrawdownCurrent decline from peak | -72.55% | -40.40% | -32.15% |
Average DrawdownAverage peak-to-trough decline | -20.93% | -32.79% | +11.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.38% | 13.79% | +10.59% |
Volatility
NKE vs. PAF.L - Volatility Comparison
The current volatility for NIKE, Inc. (NKE) is 10.43%, while Pan African Resources plc (PAF.L) has a volatility of 22.46%. This indicates that NKE experiences smaller price fluctuations and is considered to be less risky than PAF.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NKE | PAF.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.43% | 22.46% | -12.03% |
Volatility (6M)Calculated over the trailing 6-month period | 29.43% | 45.95% | -16.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.48% | 55.63% | -17.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.91% | 50.32% | -14.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.29% | 55.08% | -22.79% |
Dividends
NKE vs. PAF.L - Dividend Comparison
NKE's dividend yield for the trailing twelve months is around 3.63%, more than PAF.L's 2.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NKE NIKE, Inc. | 3.63% | 2.53% | 2.00% | 1.28% | 1.07% | 0.68% | 0.71% | 0.89% | 1.11% | 1.18% | 1.30% | 0.93% |
PAF.L Pan African Resources plc | 2.00% | 1.35% | 2.79% | 4.52% | 5.25% | 5.09% | 2.92% | 0.98% | 0.00% | 3.38% | 5.67% | 6.83% |
Financials
NKE vs. PAF.L - Financials Comparison
This section allows you to compare key financial metrics between NIKE, Inc. and Pan African Resources plc. 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
NKE vs. PAF.L - Profitability Comparison
NKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported a gross profit of 4.53B and revenue of 11.28B. Therefore, the gross margin over that period was 40.2%.
PAF.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Pan African Resources plc reported a gross profit of 264.90M and revenue of 489.40M. Therefore, the gross margin over that period was 54.1%.
NKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported an operating income of 553.00M and revenue of 11.28B, resulting in an operating margin of 4.9%.
PAF.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Pan African Resources plc reported an operating income of 257.33M and revenue of 489.40M, resulting in an operating margin of 52.6%.
NKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported a net income of 520.00M and revenue of 11.28B, resulting in a net margin of 4.6%.
PAF.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Pan African Resources plc reported a net income of 148.68M and revenue of 489.40M, resulting in a net margin of 30.4%.
Frequently Asked Questions
NKE and PAF.L have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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