SAABY vs. CHG.L
SAABY (Saab AB (publ)) and CHG.L (Chemring Group plc) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 5 years, SAABY returned 51.19%/yr vs 12.24%/yr for CHG.L. At a 0.25 correlation, their price movements are largely independent.
Performance
SAABY vs. CHG.L - Performance Comparison
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Different Trading Currencies
SAABY is traded in USD, while CHG.L is traded in GBp. To make them comparable, the CHG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SAABY achieves a -3.10% return, which is significantly lower than CHG.L's 8.03% return.
SAABY
- 1D
- 1.56%
- 1M
- -4.17%
- YTD
- -3.10%
- 6M
- 4.44%
- 1Y
- 6.53%
- 3Y*
- 60.83%
- 5Y*
- 51.19%
- 10Y*
- —
CHG.L
- 1D
- 2.05%
- 1M
- 3.85%
- YTD
- 8.03%
- 6M
- 7.31%
- 1Y
- -12.30%
- 3Y*
- 25.09%
- 5Y*
- 12.24%
- 10Y*
- 15.62%
SAABY vs. CHG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SAABY Saab AB (publ) | -3.10% | 177.56% | 39.85% | 47.07% | 67.28% | -48.79% | 82.51% |
CHG.L Chemring Group plc | 8.03% | 57.60% | -6.05% | 26.72% | -8.77% | 4.25% | 61.84% |
Correlation
The correlation between SAABY and CHG.L is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2020 | 0.25 |
Over the past year, SAABY and CHG.L have become more correlated (0.59) than their long-term average of 0.25, meaning their price movements have been converging.
Fundamentals
SAABY:
$30.33B
CHG.L:
£1.42B
SAABY:
$5.98
CHG.L:
£0.28
SAABY:
4.69
CHG.L:
18.24
SAABY:
0.14
CHG.L:
0.13
SAABY:
0.37
CHG.L:
1.38
SAABY:
0.68
CHG.L:
3.84
SAABY:
$82.29B
CHG.L:
£1.02B
SAABY:
$17.87B
CHG.L:
£1.01B
SAABY:
$9.44B
CHG.L:
£193.20M
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Return for Risk
SAABY vs. CHG.L — Risk / Return Rank
SAABY
CHG.L
SAABY vs. CHG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saab AB (publ) (SAABY) and Chemring Group plc (CHG.L). 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.
| SAABY | CHG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 0.96 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | -0.50 | +0.68 |
| Martin ratioReturn relative to average drawdown | 0.45 | -0.92 | +1.38 |
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
| SAABY | CHG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.13 | -0.38 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.10 | 0.39 | +0.71 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.45 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.03 | +0.74 |
Drawdowns
SAABY vs. CHG.L - Drawdown Comparison
The maximum SAABY drawdown since its inception was -52.75%, smaller than the maximum CHG.L drawdown of -82.45%. Use the drawdown chart below to compare losses from any high point for SAABY and CHG.L.
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Drawdown Indicators
| SAABY | CHG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.75% | -82.45% | +29.70% |
Max Drawdown (1Y)Largest decline over 1 year | -37.04% | -24.52% | -12.52% |
Max Drawdown (3Y)Largest decline over 3 years | -37.04% | -31.42% | -5.62% |
Max Drawdown (5Y)Largest decline over 5 years | -37.04% | -34.36% | -2.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.07% | — |
Current DrawdownCurrent decline from peak | -30.86% | -15.97% | -14.89% |
Average DrawdownAverage peak-to-trough decline | -16.93% | -49.15% | +32.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.58% | 13.28% | +1.30% |
Volatility
SAABY vs. CHG.L - Volatility Comparison
Saab AB (publ) (SAABY) has a higher volatility of 15.81% compared to Chemring Group plc (CHG.L) at 13.50%. This indicates that SAABY's price experiences larger fluctuations and is considered to be riskier than CHG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAABY | CHG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.81% | 13.50% | +2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 32.83% | 25.06% | +7.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.42% | 32.51% | +16.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.99% | 31.28% | +15.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.54% | 34.68% | +22.86% |
Dividends
SAABY vs. CHG.L - Dividend Comparison
SAABY's dividend yield for the trailing twelve months is around 0.42%, less than CHG.L's 1.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CHG.L Chemring Group plc | 1.57% | 1.67% | 2.19% | 1.74% | 1.71% | 1.42% | 1.30% | 1.41% | 1.92% | 1.25% |
SAABY Saab AB (publ) | 0.42% | 0.36% | 0.73% | 0.84% | 1.24% | 2.19% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SAABY vs. CHG.L - Financials Comparison
This section allows you to compare key financial metrics between Saab AB (publ) and Chemring Group plc. 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
SAABY vs. CHG.L - Profitability Comparison
SAABY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported a gross profit of 4.48B and revenue of 19.16B. Therefore, the gross margin over that period was 23.4%.
CHG.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chemring Group plc reported a gross profit of 222.10M and revenue of 237.30M. Therefore, the gross margin over that period was 93.6%.
SAABY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported an operating income of 1.91B and revenue of 19.16B, resulting in an operating margin of 10.0%.
CHG.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chemring Group plc reported an operating income of 21.70M and revenue of 237.30M, resulting in an operating margin of 9.1%.
SAABY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported a net income of 1.44B and revenue of 19.16B, resulting in a net margin of 7.5%.
CHG.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chemring Group plc reported a net income of 6.10M and revenue of 237.30M, resulting in a net margin of 2.6%.
Frequently Asked Questions
SAABY and CHG.L have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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