PUUILO.HE vs. TGS.OL

Last updated Jun 5, 2026

PUUILO.HE (Puuilo Oyj) and TGS.OL (TGS NOPEC Geophysical Company ASA) are both stocks. PUUILO.HE operates in Department Stores (Consumer Cyclical), while TGS.OL operates in Oil & Gas Equipment & Services (Energy). Over the past 3 years, PUUILO.HE returned 30.80%/yr vs 91.94%/yr for TGS.OL. At a 0.08 correlation, their price movements are largely independent.

Performance

PUUILO.HE vs. TGS.OL - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Puuilo Oyj (PUUILO.HE) and TGS NOPEC Geophysical Company ASA (TGS.OL). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PUUILO.HE is traded in EUR, while TGS.OL is traded in NOK. To make them comparable, the TGS.OL values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, PUUILO.HE achieves a 11.72% return, which is significantly lower than TGS.OL's 115.44% return.

PUUILO.HE

• 1D: 5.02%
• 1M: 12.61%
• YTD: 11.72%
• 6M: -4.35%
• 1Y: 10.86%
• 3Y*: 30.80%
• 5Y*: —
• 10Y*: —

TGS.OL

• 1D: -1.88%
• 1M: 0.01%
• YTD: 115.44%
• 6M: 122.03%
• 1Y: 257.85%
• 3Y*: 91.94%
• 5Y*: 78.96%
• 10Y*: 54.11%

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

PUUILO.HE vs. TGS.OL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PUUILO.HE Puuilo Oyj	11.72%	30.67%	18.91%	59.80%	-34.06%	28.79%
TGS.OL TGS NOPEC Geophysical Company ASA	115.44%	89.36%	52.79%	42.86%	126.27%	-2.43%

Correlation

The correlation between PUUILO.HE and TGS.OL is -0.04, 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	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jun 25, 2021	0.08

The correlation between PUUILO.HE and TGS.OL shifts across timeframes, from -0.04 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PUUILO.HE vs. TGS.OL — Risk / Return Rank

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

PUUILO.HE

PUUILO.HE Risk / Return Rank: 53
PUUILO.HE Sharpe Ratio Rank: 56
PUUILO.HE Sortino Ratio Rank: 52
PUUILO.HE Omega Ratio Rank: 50
PUUILO.HE Calmar Ratio Rank: 52
PUUILO.HE Martin Ratio Rank: 52

TGS.OL

TGS.OL Risk / Return Rank: 98
TGS.OL Sharpe Ratio Rank: 98
TGS.OL Sortino Ratio Rank: 98
TGS.OL Omega Ratio Rank: 97
TGS.OL Calmar Ratio Rank: 98
TGS.OL Martin Ratio Rank: 99

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.

PUUILO.HE vs. TGS.OL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Puuilo Oyj (PUUILO.HE) and TGS NOPEC Geophysical Company ASA (TGS.OL). 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.

	PUUILO.HE	TGS.OL	Difference
Sharpe ratio: Return per unit of total volatility	0.43	4.76	-4.33
Sortino ratio: Return per unit of downside risk	0.88	5.42	-4.54
Omega ratio: Gain probability vs. loss probability	1.11	1.67	-0.57
Calmar ratio: Return relative to maximum drawdown	0.48	13.05	-12.57
Martin ratio: Return relative to average drawdown	0.97	45.19	-44.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PUUILO.HE vs. TGS.OL - Sharpe Ratio Comparison

The current PUUILO.HE Sharpe Ratio is 0.43, which is lower than the TGS.OL Sharpe Ratio of 4.76. The chart below compares the historical Sharpe Ratios of PUUILO.HE and TGS.OL, 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

	PUUILO.HE	TGS.OL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.43	4.76	-4.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.46	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.70	-0.08

Drawdowns

PUUILO.HE vs. TGS.OL - Drawdown Comparison

The maximum PUUILO.HE drawdown since its inception was -52.07%, smaller than the maximum TGS.OL drawdown of -78.75%. Use the drawdown chart below to compare losses from any high point for PUUILO.HE and TGS.OL.

Drawdown Indicators

	PUUILO.HE	TGS.OL	Difference
Max Drawdown Largest peak-to-trough decline	-52.07%	-78.75%	+26.68%
Max Drawdown (1Y) Largest decline over 1 year	-22.91%	-20.18%	-2.73%
Max Drawdown (3Y) Largest decline over 3 years	-22.91%	-34.69%	+11.78%
Max Drawdown (5Y) Largest decline over 5 years	—	-34.69%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-65.92%	—
Current Drawdown Current decline from peak	-4.96%	-7.23%	+2.27%
Average Drawdown Average peak-to-trough decline	-15.32%	-18.61%	+3.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.23%	5.80%	+5.43%

Volatility

PUUILO.HE vs. TGS.OL - Volatility Comparison

The current volatility for Puuilo Oyj (PUUILO.HE) is 7.10%, while TGS NOPEC Geophysical Company ASA (TGS.OL) has a volatility of 15.00%. This indicates that PUUILO.HE experiences smaller price fluctuations and is considered to be less risky than TGS.OL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PUUILO.HE	TGS.OL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.10%	15.00%	-7.90%
Volatility (6M) Calculated over the trailing 6-month period	19.28%	32.67%	-13.39%
Volatility (1Y) Calculated over the trailing 1-year period	25.56%	55.40%	-29.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.56%	54.15%	-23.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.56%	51.86%	-21.30%

Dividends

PUUILO.HE vs. TGS.OL - Dividend Comparison

PUUILO.HE's dividend yield for the trailing twelve months is around 4.93%, less than TGS.OL's 40.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PUUILO.HE Puuilo Oyj	4.93%	5.52%	3.72%	3.81%	5.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TGS.OL TGS NOPEC Geophysical Company ASA	40.60%	73.70%	57.40%	47.46%	40.42%	47.82%	49.57%	31.50%	25.28%	20.86%	21.78%	44.78%

Financials

Frequently Asked Questions

Can I hold both PUUILO.HE and TGS.OL in my portfolio?

PUUILO.HE and TGS.OL have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.