PAF.L vs. MSFT
PAF.L (Pan African Resources plc) and MSFT (Microsoft Corporation) are both stocks. PAF.L operates in Gold (Basic Materials), while MSFT operates in Software - Infrastructure (Technology). Over the past 10 years, PAF.L returned 24.42%/yr vs 25.03%/yr for MSFT. At a 0.03 correlation, their price movements are largely independent.
Performance
PAF.L vs. MSFT - Performance Comparison
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Different Trading Currencies
PAF.L is traded in GBp, while MSFT is traded in USD. To make them comparable, the MSFT values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, PAF.L achieves a -9.60% return, which is significantly higher than MSFT's -18.43% return. Both investments have delivered pretty close results over the past 10 years, with PAF.L having a 24.42% annualized return and MSFT not far ahead at 25.03%.
PAF.L
- 1D
- 5.62%
- 1M
- -26.94%
- YTD
- -9.60%
- 6M
- -1.63%
- 1Y
- 129.47%
- 3Y*
- 108.56%
- 5Y*
- 46.75%
- 10Y*
- 24.42%
MSFT
- 1D
- 0.19%
- 1M
- -2.51%
- YTD
- -18.43%
- 6M
- -18.19%
- 1Y
- -16.45%
- 3Y*
- 4.02%
- 5Y*
- 10.70%
- 10Y*
- 25.03%
PAF.L vs. MSFT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAF.L Pan African Resources plc | -9.60% | 258.03% | 109.32% | 6.38% | 4.14% | -25.77% | 102.96% | 40.81% | -34.94% | -11.75% |
MSFT Microsoft Corporation | -18.43% | 7.35% | 14.90% | 50.28% | -19.47% | 53.92% | 38.35% | 51.56% | 27.96% | 28.56% |
Correlation
The correlation between PAF.L and MSFT is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007 | 0.03 |
Fundamentals
PAF.L:
£2.21B
MSFT:
$2.91T
PAF.L:
$0.29
MSFT:
$16.79
PAF.L:
4.95
MSFT:
23.27
PAF.L:
0.01
MSFT:
1.63
PAF.L:
1.51
MSFT:
9.16
PAF.L:
4.29
MSFT:
7.02
PAF.L:
$1.03B
MSFT:
$318.27B
PAF.L:
$489.97M
MSFT:
$217.41B
PAF.L:
$528.52M
MSFT:
$200.96B
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Return for Risk
PAF.L vs. MSFT — Risk / Return Rank
PAF.L
MSFT
PAF.L vs. MSFT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pan African Resources plc (PAF.L) and Microsoft Corporation (MSFT). 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.
| PAF.L | MSFT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.08 | ||
| Sortino ratioReturn per unit of downside risk | +3.43 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.90 | +0.46 |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | -0.48 | +3.43 |
| Martin ratioReturn relative to average drawdown | 9.67 | -0.94 | +10.61 |
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Drawdowns
PAF.L vs. MSFT - Drawdown Comparison
The maximum PAF.L drawdown since its inception was -80.73%, which is greater than MSFT's maximum drawdown of -40.05%. Use the drawdown chart below to compare losses from any high point for PAF.L and MSFT.
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Drawdown Indicators
| PAF.L | MSFT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.73% | -40.05% | -40.68% |
Max Drawdown (1Y)Largest decline over 1 year | -44.73% | -34.18% | -10.55% |
Max Drawdown (3Y)Largest decline over 3 years | -44.73% | -34.18% | -10.55% |
Max Drawdown (5Y)Largest decline over 5 years | -47.34% | -34.18% | -13.16% |
Max Drawdown (10Y)Largest decline over 10 years | -70.68% | -34.18% | -36.50% |
Current DrawdownCurrent decline from peak | -40.36% | -28.53% | -11.83% |
Average DrawdownAverage peak-to-trough decline | -29.27% | -8.84% | -20.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.65% | 17.53% | -3.88% |
Volatility
PAF.L vs. MSFT - Volatility Comparison
Pan African Resources plc (PAF.L) has a higher volatility of 21.97% compared to Microsoft Corporation (MSFT) at 10.61%. This indicates that PAF.L's price experiences larger fluctuations and is considered to be riskier than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PAF.L | MSFT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.97% | 10.61% | +11.36% |
Volatility (6M)Calculated over the trailing 6-month period | 44.78% | 21.91% | +22.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.10% | 25.64% | +28.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.00% | 25.92% | +22.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.54% | 27.30% | +26.24% |
Dividends
PAF.L vs. MSFT - Dividend Comparison
PAF.L's dividend yield for the trailing twelve months is around 2.00%, more than MSFT's 0.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | 0.91% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
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
PAF.L vs. MSFT - Financials Comparison
This section allows you to compare key financial metrics between Pan African Resources plc and Microsoft Corporation. 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
PAF.L vs. MSFT - Profitability Comparison
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%.
MSFT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported a gross profit of 56.06B and revenue of 82.89B. Therefore, the gross margin over that period was 67.6%.
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%.
MSFT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported an operating income of 38.40B and revenue of 82.89B, resulting in an operating margin of 46.3%.
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%.
MSFT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported a net income of 31.78B and revenue of 82.89B, resulting in a net margin of 38.3%.
Frequently Asked Questions
PAF.L and MSFT have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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