ORNBV.HE vs. DNOPY

Last updated Jun 13, 2026

ORNBV.HE (Orion Oyj) and DNOPY (Dino Polska S.A) are both stocks. ORNBV.HE operates in Drug Manufacturers - General (Healthcare), while DNOPY operates in Grocery Stores (Consumer Defensive). Over the past 5 years, ORNBV.HE returned 16.06%/yr vs 5.32%/yr for DNOPY. At a correlation of -0.00, they often move in opposite directions.

Performance

ORNBV.HE vs. DNOPY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Orion Oyj (ORNBV.HE) and Dino Polska S.A (DNOPY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ORNBV.HE is traded in EUR, while DNOPY is traded in USD. To make them comparable, the DNOPY values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ORNBV.HE achieves a 8.85% return, which is significantly higher than DNOPY's -29.13% return.

ORNBV.HE

• 1D: -0.65%
• 1M: 1.48%
• YTD: 8.85%
• 6M: 15.37%
• 1Y: 10.78%
• 3Y*: 22.80%
• 5Y*: 16.06%
• 10Y*: 11.37%

DNOPY

• 1D: -0.65%
• 1M: -1.42%
• YTD: -29.13%
• 6M: -26.19%
• 1Y: -40.68%
• 3Y*: -13.37%
• 5Y*: 5.32%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ORNBV.HE vs. DNOPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ORNBV.HE Orion Oyj	8.85%	52.85%	13.41%	-20.40%	45.41%	1.67%	-16.72%
DNOPY Dino Polska S.A	-29.13%	5.58%	-11.14%	26.76%	8.77%	19.04%	69.94%

Correlation

The correlation between ORNBV.HE and DNOPY is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.01
Correlation (All Time) Calculated using the full available price history since Apr 30, 2020	-0.00

The correlation between ORNBV.HE and DNOPY shifts across timeframes, from -0.00 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

ORNBV.HE vs. DNOPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ORNBV.HE

ORNBV.HE Risk / Return Rank: 52
ORNBV.HE Sharpe Ratio Rank: 53
ORNBV.HE Sortino Ratio Rank: 46
ORNBV.HE Omega Ratio Rank: 50
ORNBV.HE Calmar Ratio Rank: 54
ORNBV.HE Martin Ratio Rank: 55

DNOPY

DNOPY Risk / Return Rank: 7
DNOPY Sharpe Ratio Rank: 6
DNOPY Sortino Ratio Rank: 8
DNOPY Omega Ratio Rank: 8
DNOPY Calmar Ratio Rank: 8
DNOPY Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ORNBV.HE vs. DNOPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Orion Oyj (ORNBV.HE) and Dino Polska S.A (DNOPY). 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.

	ORNBV.HE	DNOPY	Difference
Sharpe ratio: Return per unit of total volatility	0.31	-0.96	+1.28
Sortino ratio: Return per unit of downside risk	0.63	-1.33	+1.95
Omega ratio: Gain probability vs. loss probability	1.10	0.83	+0.27
Calmar ratio: Return relative to maximum drawdown	0.50	-0.87	+1.36
Martin ratio: Return relative to average drawdown	1.20	-1.56	+2.76

ORNBV.HE vs. DNOPY - Sharpe Ratio Comparison

The current ORNBV.HE Sharpe Ratio is 0.31, which is higher than the DNOPY Sharpe Ratio of -0.96. The chart below compares the historical Sharpe Ratios of ORNBV.HE and DNOPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ORNBV.HE vs. DNOPY - Drawdown Comparison

The maximum ORNBV.HE drawdown since its inception was -58.91%, which is greater than DNOPY's maximum drawdown of -49.39%. Use the drawdown chart below to compare losses from any high point for ORNBV.HE and DNOPY.

Drawdown Indicators

	ORNBV.HE	DNOPY	Difference
Max Drawdown Largest peak-to-trough decline	-58.91%	-49.39%	-9.52%
Max Drawdown (1Y) Largest decline over 1 year	-19.41%	-48.33%	+28.92%
Max Drawdown (3Y) Largest decline over 3 years	-26.34%	-49.39%	+23.05%
Max Drawdown (5Y) Largest decline over 5 years	-36.88%	-49.39%	+12.51%
Max Drawdown (10Y) Largest decline over 10 years	-58.91%	—	—
Current Drawdown Current decline from peak	-9.05%	-46.92%	+37.87%
Average Drawdown Average peak-to-trough decline	-17.80%	-14.79%	-3.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.02%	26.69%	-18.67%

Volatility

ORNBV.HE vs. DNOPY - Volatility Comparison

The current volatility for Orion Oyj (ORNBV.HE) is 7.86%, while Dino Polska S.A (DNOPY) has a volatility of 10.91%. This indicates that ORNBV.HE experiences smaller price fluctuations and is considered to be less risky than DNOPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ORNBV.HE	DNOPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.86%	10.91%	-3.05%
Volatility (6M) Calculated over the trailing 6-month period	23.42%	36.72%	-13.30%
Volatility (1Y) Calculated over the trailing 1-year period	30.76%	43.50%	-12.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.55%	57.90%	-29.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.81%	59.09%	-30.28%

Dividends

ORNBV.HE vs. DNOPY - Dividend Comparison

ORNBV.HE's dividend yield for the trailing twelve months is around 2.52%, while DNOPY has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DNOPY Dino Polska S.A	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ORNBV.HE Orion Oyj	2.52%	2.58%	3.79%	4.07%	2.93%	4.11%	4.00%	3.63%	4.79%	0.64%	3.07%	4.07%

Financials

Frequently Asked Questions

Can I hold both ORNBV.HE and DNOPY in my portfolio?

ORNBV.HE and DNOPY have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.