PAM vs. GASS
PAM (Pampa Energía S.A.) and GASS (StealthGas Inc.) are both stocks. PAM operates in Utilities - Regulated Electric (Utilities), while GASS operates in Marine Shipping (Industrials). Over the past 10 years, PAM returned 13.08%/yr vs 12.98%/yr for GASS. At a 0.13 correlation, their price movements are largely independent.
Performance
PAM vs. GASS - Performance Comparison
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Returns By Period
In the year-to-date period, PAM achieves a -0.03% return, which is significantly lower than GASS's 37.46% return. Both investments have delivered pretty close results over the past 10 years, with PAM having a 13.08% annualized return and GASS not far behind at 12.98%.
PAM
- 1D
- 0.17%
- 1M
- 11.49%
- YTD
- -0.03%
- 6M
- 0.08%
- 1Y
- 18.80%
- 3Y*
- 31.91%
- 5Y*
- 39.46%
- 10Y*
- 13.08%
GASS
- 1D
- 4.32%
- 1M
- -4.17%
- YTD
- 37.46%
- 6M
- 34.40%
- 1Y
- 43.39%
- 3Y*
- 46.17%
- 5Y*
- 36.28%
- 10Y*
- 12.98%
PAM vs. GASS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAM Pampa Energía S.A. | -0.03% | 0.65% | 77.58% | 55.04% | 51.30% | 53.19% | -16.13% | -48.35% | -52.72% | 93.28% |
GASS StealthGas Inc. | 37.46% | 24.25% | -12.54% | 141.04% | 27.01% | 34.27% | -31.49% | 24.28% | -36.70% | 28.99% |
Correlation
The correlation between PAM and GASS is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2009 | 0.13 |
The correlation between PAM and GASS shifts across timeframes, from -0.01 (1 year) to 0.21 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PAM:
$4.81B
GASS:
$351.82M
PAM:
$8.05
GASS:
$1.73
PAM:
10.99
GASS:
5.58
PAM:
0.12
GASS:
0.08
PAM:
2.23
GASS:
2.00
PAM:
1.27
GASS:
0.50
PAM:
$2.16B
GASS:
$173.98M
PAM:
$682.00M
GASS:
$66.19M
PAM:
$1.22B
GASS:
$81.20M
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Return for Risk
PAM vs. GASS — Risk / Return Rank
PAM
GASS
PAM vs. GASS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pampa Energía S.A. (PAM) and StealthGas Inc. (GASS). 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.
| PAM | GASS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.26 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | 2.42 | -1.93 |
| Martin ratioReturn relative to average drawdown | 1.23 | 5.14 | -3.92 |
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Drawdowns
PAM vs. GASS - Drawdown Comparison
The maximum PAM drawdown since its inception was -87.41%, roughly equal to the maximum GASS drawdown of -89.82%. Use the drawdown chart below to compare losses from any high point for PAM and GASS.
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Drawdown Indicators
| PAM | GASS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.41% | -89.82% | +2.41% |
Max Drawdown (1Y)Largest decline over 1 year | -31.59% | -20.76% | -10.83% |
Max Drawdown (3Y)Largest decline over 3 years | -40.40% | -44.34% | +3.94% |
Max Drawdown (5Y)Largest decline over 5 years | -40.40% | -44.34% | +3.94% |
Max Drawdown (10Y)Largest decline over 10 years | -87.41% | -63.11% | -24.30% |
Current DrawdownCurrent decline from peak | -6.75% | -15.09% | +8.34% |
Average DrawdownAverage peak-to-trough decline | -42.47% | -57.89% | +15.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.89% | 9.76% | +3.13% |
Volatility
PAM vs. GASS - Volatility Comparison
Pampa Energía S.A. (PAM) and StealthGas Inc. (GASS) have volatilities of 10.62% and 11.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PAM | GASS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.62% | 11.02% | -0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 24.49% | 25.57% | -1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.19% | 32.48% | +18.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.29% | 49.45% | -3.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.94% | 47.52% | +4.42% |
Dividends
PAM vs. GASS - Dividend Comparison
Neither PAM nor GASS has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
GASS StealthGas Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 44.43% |
PAM Pampa Energía S.A. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PAM vs. GASS - Financials Comparison
This section allows you to compare key financial metrics between Pampa Energía S.A. and StealthGas Inc.. 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
PAM vs. GASS - Profitability Comparison
PAM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Pampa Energía S.A. reported a gross profit of 193.00M and revenue of 573.00M. Therefore, the gross margin over that period was 33.7%.
GASS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, StealthGas Inc. reported a gross profit of 14.69M and revenue of 42.84M. Therefore, the gross margin over that period was 34.3%.
PAM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Pampa Energía S.A. reported an operating income of 107.00M and revenue of 573.00M, resulting in an operating margin of 18.7%.
GASS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, StealthGas Inc. reported an operating income of 11.63M and revenue of 42.84M, resulting in an operating margin of 27.1%.
PAM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Pampa Energía S.A. reported a net income of 214.00M and revenue of 573.00M, resulting in a net margin of 37.4%.
GASS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, StealthGas Inc. reported a net income of 15.93M and revenue of 42.84M, resulting in a net margin of 37.2%.
Frequently Asked Questions
PAM and GASS have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GASS has higher volatility (11.02%) compared to PAM (10.62%). In terms of maximum drawdown, PAM dropped -87.41% vs GASS's -89.82%.
GASS currently has the higher Sharpe Ratio (1.55 vs 0.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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