SAABY vs. GD
Compare and contrast key facts about Saab AB (publ) (SAABY) and General Dynamics Corporation (GD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SAABY or GD.
Correlation
The correlation between SAABY and GD is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SAABY vs. GD - Performance Comparison
Key characteristics
SAABY:
2.11
GD:
-0.05
SAABY:
2.68
GD:
0.07
SAABY:
1.38
GD:
1.01
SAABY:
4.26
GD:
-0.05
SAABY:
7.44
GD:
-0.12
SAABY:
15.98%
GD:
10.27%
SAABY:
56.42%
GD:
22.11%
SAABY:
-34.43%
GD:
-76.10%
SAABY:
0.00%
GD:
-11.13%
Fundamentals
SAABY:
$24.13B
GD:
$74.24B
SAABY:
$0.39
GD:
$13.64
SAABY:
58.62
GD:
20.24
SAABY:
1.93
GD:
2.09
SAABY:
0.38
GD:
1.56
SAABY:
6.86
GD:
3.37
SAABY:
$49.57B
GD:
$36.99B
SAABY:
$10.58B
GD:
$5.70B
SAABY:
$5.20B
GD:
$4.37B
Returns By Period
In the year-to-date period, SAABY achieves a 118.75% return, which is significantly higher than GD's 5.92% return.
SAABY
118.75%
19.34%
121.07%
122.97%
N/A
N/A
GD
5.92%
3.60%
-9.53%
-1.20%
17.62%
10.04%
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Risk-Adjusted Performance
SAABY vs. GD — Risk-Adjusted Performance Rank
SAABY
GD
SAABY vs. GD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Saab AB (publ) (SAABY) and General Dynamics Corporation (GD). 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.
Dividends
SAABY vs. GD - Dividend Comparison
SAABY's dividend yield for the trailing twelve months is around 0.17%, less than GD's 2.09% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SAABY Saab AB (publ) | 0.17% | 0.72% | 0.85% | 1.33% | 2.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GD General Dynamics Corporation | 2.09% | 2.12% | 2.01% | 2.00% | 2.24% | 2.90% | 2.26% | 2.31% | 1.61% | 1.72% | 2.46% | 1.76% |
Drawdowns
SAABY vs. GD - Drawdown Comparison
The maximum SAABY drawdown since its inception was -34.43%, smaller than the maximum GD drawdown of -76.10%. Use the drawdown chart below to compare losses from any high point for SAABY and GD. For additional features, visit the drawdowns tool.
Volatility
SAABY vs. GD - Volatility Comparison
Saab AB (publ) (SAABY) has a higher volatility of 18.78% compared to General Dynamics Corporation (GD) at 11.44%. This indicates that SAABY's price experiences larger fluctuations and is considered to be riskier than GD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
SAABY vs. GD - Financials Comparison
This section allows you to compare key financial metrics between Saab AB (publ) and General Dynamics Corporation. 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