NRO.PA vs. HMU.DE
NRO.PA (Neurones S.A.) and HMU.DE (HMS Bergbau AG) are both stocks. NRO.PA operates in Information Technology Services (Technology), while HMU.DE operates in Thermal Coal (Energy). Over the past 10 years, NRO.PA returned 9.62%/yr vs 22.28%/yr for HMU.DE. At a correlation of -0.02, they often move in opposite directions.
Performance
NRO.PA vs. HMU.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NRO.PA achieves a -9.41% return, which is significantly lower than HMU.DE's -6.44% return. Over the past 10 years, NRO.PA has underperformed HMU.DE with an annualized return of 9.62%, while HMU.DE has yielded a comparatively higher 22.28% 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%
HMU.DE
- 1D
- -0.23%
- 1M
- 10.38%
- YTD
- -6.44%
- 6M
- -2.68%
- 1Y
- 35.48%
- 3Y*
- 31.38%
- 5Y*
- 17.84%
- 10Y*
- 22.28%
NRO.PA vs. HMU.DE - 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% |
HMU.DE HMS Bergbau AG | -6.44% | 62.53% | 39.85% | 6.63% | 0.19% | -0.00% | 10.99% | 6.11% | 28.66% | 66.75% |
Correlation
The correlation between NRO.PA and HMU.DE is -0.04, 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 | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2008 | -0.02 |
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
NRO.PA vs. HMU.DE — Risk / Return Rank
NRO.PA
HMU.DE
NRO.PA vs. HMU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neurones S.A. (NRO.PA) and HMS Bergbau AG (HMU.DE). 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 | HMU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.16 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.22 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 0.72 | -1.23 |
| Martin ratioReturn relative to average drawdown | -0.88 | 1.01 | -1.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| NRO.PA | HMU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.60 | 0.57 | -1.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.55 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.91 | -0.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.34 | -0.11 |
Drawdowns
NRO.PA vs. HMU.DE - Drawdown Comparison
The maximum NRO.PA drawdown since its inception was -77.55%, smaller than the maximum HMU.DE drawdown of -83.34%. Use the drawdown chart below to compare losses from any high point for NRO.PA and HMU.DE.
Loading charts...
Drawdown Indicators
| NRO.PA | HMU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.55% | -83.34% | +5.79% |
Max Drawdown (1Y)Largest decline over 1 year | -29.16% | -49.14% | +19.98% |
Max Drawdown (3Y)Largest decline over 3 years | -32.28% | -49.14% | +16.86% |
Max Drawdown (5Y)Largest decline over 5 years | -32.28% | -49.14% | +16.86% |
Max Drawdown (10Y)Largest decline over 10 years | -40.74% | -49.14% | +8.40% |
Current DrawdownCurrent decline from peak | -21.51% | -41.17% | +19.66% |
Average DrawdownAverage peak-to-trough decline | -24.12% | -19.79% | -4.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.92% | 35.18% | -18.26% |
Volatility
NRO.PA vs. HMU.DE - Volatility Comparison
The current volatility for Neurones S.A. (NRO.PA) is 6.35%, while HMS Bergbau AG (HMU.DE) has a volatility of 10.82%. This indicates that NRO.PA experiences smaller price fluctuations and is considered to be less risky than HMU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NRO.PA | HMU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.35% | 10.82% | -4.47% |
Volatility (6M)Calculated over the trailing 6-month period | 18.70% | 22.63% | -3.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.80% | 62.15% | -37.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.13% | 32.05% | -6.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.41% | 27.29% | -2.88% |
Dividends
NRO.PA vs. HMU.DE - Dividend Comparison
NRO.PA's dividend yield for the trailing twelve months is around 3.33%, more than HMU.DE's 2.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMU.DE HMS Bergbau AG | 2.41% | 2.25% | 3.13% | 3.53% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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. HMU.DE - Financials Comparison
This section allows you to compare key financial metrics between Neurones S.A. and HMS Bergbau AG. 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 HMU.DE have a correlation of -0.04, 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 NRO.PA and HMU.DE
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