NRO.PA vs. GAMA.L
NRO.PA (Neurones S.A.) and GAMA.L (Gamma Communications plc) are both stocks. NRO.PA operates in Information Technology Services (Technology), while GAMA.L operates in Telecom Services (Communication Services). Over the past 10 years, NRO.PA returned 9.62%/yr vs 8.25%/yr for GAMA.L. At a 0.09 correlation, their price movements are largely independent.
Performance
NRO.PA vs. GAMA.L - Performance Comparison
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Different Trading Currencies
NRO.PA is traded in EUR, while GAMA.L is traded in GBp. To make them comparable, the GAMA.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, NRO.PA achieves a -9.41% return, which is significantly lower than GAMA.L's 5.77% return. Over the past 10 years, NRO.PA has outperformed GAMA.L with an annualized return of 9.62%, while GAMA.L has yielded a comparatively lower 8.25% annualized return.
NRO.PA
- 1D
- 2.23%
- 1M
- 7.73%
- YTD
- -9.41%
- 6M
- -12.36%
- 1Y
- -14.93%
- 3Y*
- 1.98%
- 5Y*
- 8.48%
- 10Y*
- 9.62%
GAMA.L
- 1D
- 0.38%
- 1M
- 5.92%
- YTD
- 5.77%
- 6M
- 4.43%
- 1Y
- -19.85%
- 3Y*
- -5.78%
- 5Y*
- -12.90%
- 10Y*
- 8.25%
NRO.PA vs. GAMA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NRO.PA Neurones S.A. | -9.41% | 0.74% | 3.20% | 14.49% | 6.17% | 73.33% | 14.68% | 9.29% | -34.21% | 29.10% |
GAMA.L Gamma Communications plc | 5.77% | -41.69% | 44.11% | 7.74% | -37.06% | 7.51% | 17.93% | 95.44% | 13.03% | 34.61% |
Correlation
The correlation between NRO.PA and GAMA.L is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Oct 13, 2014 | 0.09 |
The correlation between NRO.PA and GAMA.L shifts across timeframes, from 0.09 (10 years) to 0.25 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
NRO.PA vs. GAMA.L — Risk / Return Rank
NRO.PA
GAMA.L
NRO.PA vs. GAMA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neurones S.A. (NRO.PA) and Gamma Communications plc (GAMA.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.
| NRO.PA | GAMA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.91 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | -0.47 | -0.04 |
| Martin ratioReturn relative to average drawdown | -0.88 | -0.89 | +0.02 |
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
| NRO.PA | GAMA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.60 | -0.60 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | -0.43 | +0.76 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.26 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.48 | -0.24 |
Drawdowns
NRO.PA vs. GAMA.L - Drawdown Comparison
The maximum NRO.PA drawdown since its inception was -77.55%, which is greater than GAMA.L's maximum drawdown of -68.57%. Use the drawdown chart below to compare losses from any high point for NRO.PA and GAMA.L.
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Drawdown Indicators
| NRO.PA | GAMA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.55% | -68.57% | -8.98% |
Max Drawdown (1Y)Largest decline over 1 year | -29.16% | -42.49% | +13.33% |
Max Drawdown (3Y)Largest decline over 3 years | -32.28% | -60.05% | +27.77% |
Max Drawdown (5Y)Largest decline over 5 years | -32.28% | -68.57% | +36.29% |
Max Drawdown (10Y)Largest decline over 10 years | -40.74% | -68.57% | +27.83% |
Current DrawdownCurrent decline from peak | -21.51% | -56.40% | +34.89% |
Average DrawdownAverage peak-to-trough decline | -24.12% | -23.02% | -1.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.92% | 22.17% | -5.25% |
Volatility
NRO.PA vs. GAMA.L - Volatility Comparison
The current volatility for Neurones S.A. (NRO.PA) is 6.35%, while Gamma Communications plc (GAMA.L) has a volatility of 10.81%. This indicates that NRO.PA experiences smaller price fluctuations and is considered to be less risky than GAMA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NRO.PA | GAMA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.35% | 10.81% | -4.46% |
Volatility (6M)Calculated over the trailing 6-month period | 18.70% | 28.43% | -9.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.80% | 33.01% | -8.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.13% | 29.86% | -4.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.41% | 31.49% | -7.08% |
Dividends
NRO.PA vs. GAMA.L - Dividend Comparison
NRO.PA's dividend yield for the trailing twelve months is around 3.33%, more than GAMA.L's 2.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAMA.L Gamma Communications plc | 2.33% | 2.21% | 1.17% | 1.39% | 1.28% | 0.74% | 0.66% | 0.73% | 1.19% | 1.21% | 1.48% | 1.43% |
NRO.PA Neurones S.A. | 3.33% | 3.02% | 2.73% | 2.51% | 2.55% | 5.26% | 0.85% | 0.29% | 0.32% | 0.21% | 0.27% | 0.34% |
Financials
NRO.PA vs. GAMA.L - Financials Comparison
This section allows you to compare key financial metrics between Neurones S.A. and Gamma Communications 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
Frequently Asked Questions
NRO.PA and GAMA.L have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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