PAAL-B.CO vs. MATIC-USD

Last updated Jun 5, 2026

PAAL-B.CO (Per Aarsleff Holding A/S) is a stock, while MATIC-USD (Polygon USD) is a cryptocurrency. At a 0.07 correlation, their price movements are largely independent.

Performance

PAAL-B.CO vs. MATIC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a DKK 10,000 investment in Per Aarsleff Holding A/S (PAAL-B.CO) and Polygon USD (MATIC-USD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PAAL-B.CO is traded in DKK, while MATIC-USD is traded in USD. To make them comparable, the MATIC-USD values have been converted to DKK using the latest available exchange rates.

Returns By Period

PAAL-B.CO

• 1D: -0.85%
• 1M: -7.91%
• YTD: -18.94%
• 6M: -4.26%
• 1Y: 14.27%
• 3Y*: 31.81%
• 5Y*: 22.54%
• 10Y*: 19.44%

MATIC-USD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PAAL-B.CO vs. MATIC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PAAL-B.CO Per Aarsleff Holding A/S	-18.94%	78.15%	60.53%	26.59%	-11.86%	1.28%	47.73%	-3.16%
MATIC-USD Polygon USD	0.00%	-29.19%	-50.66%	24.43%	-67.97%	15,264.47%	16.72%	297.18%

Correlation

The correlation between PAAL-B.CO and MATIC-USD 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 (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (All Time) Calculated using the full available price history since Apr 30, 2019	0.07

Return for Risk

PAAL-B.CO vs. MATIC-USD — Risk / Return Rank

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

PAAL-B.CO

PAAL-B.CO Risk / Return Rank: 55
PAAL-B.CO Sharpe Ratio Rank: 59
PAAL-B.CO Sortino Ratio Rank: 52
PAAL-B.CO Omega Ratio Rank: 52
PAAL-B.CO Calmar Ratio Rank: 56
PAAL-B.CO Martin Ratio Rank: 57

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.

PAAL-B.CO vs. MATIC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Per Aarsleff Holding A/S (PAAL-B.CO) and Polygon USD (MATIC-USD). 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.

	PAAL-B.CO	MATIC-USD	Difference
Sharpe ratio: Return per unit of total volatility	0.53	—	—
Sortino ratio: Return per unit of downside risk	0.91	—	—
Omega ratio: Gain probability vs. loss probability	1.12	—	—
Calmar ratio: Return relative to maximum drawdown	0.65	—	—
Martin ratio: Return relative to average drawdown	1.60	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PAAL-B.CO	MATIC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.53	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	—	—

Drawdowns

Drawdown Indicators

	PAAL-B.CO	MATIC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-62.13%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-22.42%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-40.70%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-48.66%	—	—
Current Drawdown Current decline from peak	-22.42%	—	—
Average Drawdown Average peak-to-trough decline	-21.96%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	8.98%	—	—

Volatility

Volatility by Period

	PAAL-B.CO	MATIC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.26%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.52%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.98%	—	—

Frequently Asked Questions

Can I hold both PAAL-B.CO and MATIC-USD in my portfolio?

PAAL-B.CO and MATIC-USD 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.