PAM vs. SUPV

Last updated Jun 9, 2026

PAM (Pampa Energía S.A.) and SUPV (Grupo Supervielle S.A.) are both stocks. PAM operates in Utilities - Regulated Electric (Utilities), while SUPV operates in Banks - Regional (Financial Services). Over the past 10 years, PAM returned 12.36%/yr vs -1.56%/yr for SUPV. A 0.62 correlation means they provide meaningful diversification when combined.

Performance

PAM vs. SUPV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pampa Energía S.A. (PAM) and Grupo Supervielle S.A. (SUPV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PAM achieves a -6.82% return, which is significantly higher than SUPV's -21.24% return. Over the past 10 years, PAM has outperformed SUPV with an annualized return of 12.36%, while SUPV has yielded a comparatively lower -1.56% annualized return.

PAM

• 1D: 0.67%
• 1M: 4.76%
• YTD: -6.82%
• 6M: -9.03%
• 1Y: 10.98%
• 3Y*: 28.20%
• 5Y*: 36.47%
• 10Y*: 12.36%

SUPV

• 1D: -1.48%
• 1M: 16.81%
• YTD: -21.24%
• 6M: -12.09%
• 1Y: -23.06%
• 3Y*: 54.92%
• 5Y*: 33.51%
• 10Y*: -1.56%

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

PAM vs. SUPV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PAM Pampa Energía S.A.	-6.82%	0.65%	77.58%	55.04%	51.30%	53.19%	-16.13%	-48.35%	-52.72%	93.28%
SUPV Grupo Supervielle S.A.	-21.24%	-20.75%	281.41%	87.96%	11.80%	-6.59%	-41.46%	-57.01%	-70.23%	124.27%

Correlation

The correlation between PAM and SUPV is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.62
Correlation (All Time) Calculated using the full available price history since May 19, 2016	0.62

The correlation between PAM and SUPV has been stable across timeframes, ranging from 0.62 to 0.70 - a consistent structural relationship.

Fundamentals

Market Cap PAM : $4.49B SUPV : $735.60M
EPS PAM : $8.05 SUPV : -$72.13
PS Ratio PAM : 2.08 SUPV : 0.00
PB Ratio PAM : 1.19 SUPV : 0.00
Total Revenue (TTM) PAM : $2.16B SUPV : $1.02T
Gross Profit (TTM) PAM : $682.00M SUPV : $425.09B
EBITDA (TTM) PAM : $1.22B SUPV : -$9.21B

Return for Risk

PAM vs. SUPV — Risk / Return Rank

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

PAM

PAM Risk / Return Rank: 50
PAM Sharpe Ratio Rank: 50
PAM Sortino Ratio Rank: 49
PAM Omega Ratio Rank: 47
PAM Calmar Ratio Rank: 51
PAM Martin Ratio Rank: 52

SUPV

SUPV Risk / Return Rank: 33
SUPV Sharpe Ratio Rank: 32
SUPV Sortino Ratio Rank: 38
SUPV Omega Ratio Rank: 37
SUPV Calmar Ratio Rank: 30
SUPV Martin Ratio Rank: 28

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.

PAM vs. SUPV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pampa Energía S.A. (PAM) and Grupo Supervielle S.A. (SUPV). 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.

	PAM	SUPV	Difference
Sharpe ratio: Return per unit of total volatility	0.22	-0.24	+0.46
Sortino ratio: Return per unit of downside risk	0.72	0.29	+0.43
Omega ratio: Gain probability vs. loss probability	1.09	1.03	+0.06
Calmar ratio: Return relative to maximum drawdown	0.35	-0.37	+0.72
Martin ratio: Return relative to average drawdown	0.86	-0.79	+1.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PAM vs. SUPV - Sharpe Ratio Comparison

The current PAM Sharpe Ratio is 0.22, which is higher than the SUPV Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of PAM and SUPV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PAM	SUPV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.22	-0.24	+0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.47	+0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	-0.02	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	-0.01	+0.26

Drawdowns

PAM vs. SUPV - Drawdown Comparison

The maximum PAM drawdown since its inception was -87.41%, smaller than the maximum SUPV drawdown of -95.98%. Use the drawdown chart below to compare losses from any high point for PAM and SUPV.

Drawdown Indicators

	PAM	SUPV	Difference
Max Drawdown Largest peak-to-trough decline	-87.41%	-95.98%	+8.57%
Max Drawdown (1Y) Largest decline over 1 year	-31.59%	-62.45%	+30.86%
Max Drawdown (3Y) Largest decline over 3 years	-40.40%	-75.20%	+34.80%
Max Drawdown (5Y) Largest decline over 5 years	-40.40%	-75.20%	+34.80%
Max Drawdown (10Y) Largest decline over 10 years	-87.41%	-95.98%	+8.57%
Current Drawdown Current decline from peak	-13.08%	-68.90%	+55.82%
Average Drawdown Average peak-to-trough decline	-42.43%	-66.99%	+24.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.86%	29.22%	-16.36%

Volatility

PAM vs. SUPV - Volatility Comparison

The current volatility for Pampa Energía S.A. (PAM) is 11.57%, while Grupo Supervielle S.A. (SUPV) has a volatility of 22.37%. This indicates that PAM experiences smaller price fluctuations and is considered to be less risky than SUPV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PAM	SUPV	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.57%	22.37%	-10.80%
Volatility (6M) Calculated over the trailing 6-month period	23.91%	45.49%	-21.58%
Volatility (1Y) Calculated over the trailing 1-year period	51.17%	95.17%	-44.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.27%	71.22%	-24.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.94%	72.29%	-20.35%

Dividends

PAM vs. SUPV - Dividend Comparison

Neither PAM nor SUPV has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
PAM Pampa Energía S.A.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SUPV Grupo Supervielle S.A.	0.00%	1.71%	1.12%	0.00%	0.71%	1.36%	1.79%	2.03%	1.32%	0.30%

Financials

PAM vs. SUPV - Profitability Comparison

The chart below illustrates the profitability comparison between Pampa Energía S.A. and Grupo Supervielle S.A. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

SUPV - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Grupo Supervielle S.A. reported a gross profit of 169.00M and revenue of 387.59M. Therefore, the gross margin over that period was 43.6%.

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%.

SUPV - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Grupo Supervielle S.A. reported an operating income of -15.76M and revenue of 387.59M, resulting in an operating margin of -4.1%.

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%.

SUPV - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Grupo Supervielle S.A. reported a net income of -12.03M and revenue of 387.59M, resulting in a net margin of -3.1%.

Frequently Asked Questions

Can I hold both PAM and SUPV in my portfolio?

PAM and SUPV have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PAM or SUPV?

SUPV has higher volatility (22.37%) compared to PAM (11.57%). In terms of maximum drawdown, PAM dropped -87.41% vs SUPV's -95.98%.

Which has better risk-adjusted returns?

PAM currently has the higher Sharpe Ratio (0.22 vs -0.24), 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.