SAAB-B.ST vs. PL=F
SAAB-B.ST (Saab AB (publ)) is a stock, while PL=F (Platinum) is an asset. Over the past 10 years, SAAB-B.ST returned 26.17%/yr vs 8.20%/yr for PL=F. At a 0.09 correlation, their price movements are largely independent.
Performance
SAAB-B.ST vs. PL=F - Performance Comparison
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Different Trading Currencies
SAAB-B.ST is traded in SEK, while PL=F is traded in USD. To make them comparable, the PL=F values have been converted to SEK using the latest available exchange rates.
Returns By Period
In the year-to-date period, SAAB-B.ST achieves a -2.02% return, which is significantly higher than PL=F's -5.20% return. Over the past 10 years, SAAB-B.ST has outperformed PL=F with an annualized return of 26.17%, while PL=F has yielded a comparatively lower 8.20% annualized return.
SAAB-B.ST
- 1D
- 1.60%
- 1M
- -10.61%
- YTD
- -2.02%
- 6M
- 7.67%
- 1Y
- 3.18%
- 3Y*
- 53.62%
- 5Y*
- 54.70%
- 10Y*
- 26.17%
PL=F
- 1D
- 0.91%
- 1M
- -5.98%
- YTD
- -5.20%
- 6M
- 14.44%
- 1Y
- 64.07%
- 3Y*
- 16.54%
- 5Y*
- 13.07%
- 10Y*
- 8.20%
SAAB-B.ST vs. PL=F - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SAAB-B.ST Saab AB (publ) | -2.02% | 131.01% | 54.94% | 49.18% | 80.89% | -1.92% | -15.10% | 3.45% | -15.23% | 18.82% |
PL=F Platinum | -5.20% | 86.21% | -0.97% | -9.74% | 29.05% | -1.54% | -3.17% | 28.92% | -7.50% | -6.68% |
Correlation
The correlation between SAAB-B.ST and PL=F is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Apr 27, 2009 | 0.09 |
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Return for Risk
SAAB-B.ST vs. PL=F — Risk / Return Rank
SAAB-B.ST
PL=F
SAAB-B.ST vs. PL=F - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saab AB (publ) (SAAB-B.ST) and Platinum (PL=F). 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.
| SAAB-B.ST | PL=F | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.12 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.26 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | 2.14 | -1.89 |
| Martin ratioReturn relative to average drawdown | 0.63 | 4.15 | -3.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SAAB-B.ST | PL=F | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.18 | 1.30 | -1.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.39 | 0.38 | +1.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.27 | +0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.14 | +0.32 |
Drawdowns
SAAB-B.ST vs. PL=F - Drawdown Comparison
The maximum SAAB-B.ST drawdown since its inception was -75.34%, which is greater than PL=F's maximum drawdown of -53.35%. Use the drawdown chart below to compare losses from any high point for SAAB-B.ST and PL=F.
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Drawdown Indicators
| SAAB-B.ST | PL=F | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.34% | -53.35% | -21.99% |
Max Drawdown (1Y)Largest decline over 1 year | -33.73% | -31.86% | -1.87% |
Max Drawdown (3Y)Largest decline over 3 years | -33.73% | -31.86% | -1.87% |
Max Drawdown (5Y)Largest decline over 5 years | -33.73% | -31.86% | -1.87% |
Max Drawdown (10Y)Largest decline over 10 years | -61.48% | -38.08% | -23.40% |
Current DrawdownCurrent decline from peak | -27.82% | -30.07% | +2.25% |
Average DrawdownAverage peak-to-trough decline | -19.46% | -26.77% | +7.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.16% | 16.65% | -3.49% |
Volatility
SAAB-B.ST vs. PL=F - Volatility Comparison
Saab AB (publ) (SAAB-B.ST) has a higher volatility of 14.47% compared to Platinum (PL=F) at 9.26%. This indicates that SAAB-B.ST's price experiences larger fluctuations and is considered to be riskier than PL=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAAB-B.ST | PL=F | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.47% | 9.26% | +5.21% |
Volatility (6M)Calculated over the trailing 6-month period | 29.77% | 47.09% | -17.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.72% | 52.16% | -5.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.56% | 33.77% | +5.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.69% | 30.03% | +5.66% |
Frequently Asked Questions
SAAB-B.ST and PL=F have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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