Correlation
The correlation between SAABY and GE is 0.12, 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.
SAABY vs. GE
Compare and contrast key facts about Saab AB (publ) (SAABY) and General Electric Company (GE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SAABY or GE.
Performance
SAABY vs. GE - Performance Comparison
Loading data...
Key characteristics
SAABY:
2.48
GE:
1.50
SAABY:
2.85
GE:
1.82
SAABY:
1.39
GE:
1.28
SAABY:
1.42
GE:
2.19
SAABY:
9.12
GE:
6.96
SAABY:
12.78%
GE:
6.73%
SAABY:
50.60%
GE:
34.19%
SAABY:
-81.97%
GE:
-85.53%
SAABY:
-52.93%
GE:
0.00%
Fundamentals
SAABY:
$27.25B
GE:
$262.24B
SAABY:
$0.44
GE:
$6.39
SAABY:
57.93
GE:
38.48
SAABY:
2.05
GE:
9.09
SAABY:
0.41
GE:
6.61
SAABY:
6.91
GE:
13.62
SAABY:
$65.36B
GE:
$39.68B
SAABY:
$14.30B
GE:
$15.12B
SAABY:
$6.86B
GE:
$9.83B
Returns By Period
In the year-to-date period, SAABY achieves a 141.68% return, which is significantly higher than GE's 47.71% return.
SAABY
141.68%
8.90%
135.17%
110.99%
6.33%
N/A
N/A
GE
47.71%
20.78%
35.47%
49.90%
72.32%
50.36%
8.05%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
SAABY vs. GE — Risk-Adjusted Performance Rank
SAABY
GE
SAABY vs. GE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Saab AB (publ) (SAABY) and General Electric Company (GE). 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.
Loading data...
Dividends
SAABY vs. GE - Dividend Comparison
SAABY's dividend yield for the trailing twelve months is around 0.36%, less than GE's 0.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SAABY Saab AB (publ) | 0.36% | 0.72% | 0.21% | 0.33% | 0.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GE General Electric Company | 0.49% | 0.67% | 0.25% | 0.38% | 0.34% | 0.37% | 0.36% | 4.89% | 4.81% | 2.94% | 2.95% | 3.52% |
Drawdowns
SAABY vs. GE - Drawdown Comparison
The maximum SAABY drawdown since its inception was -81.97%, roughly equal to the maximum GE drawdown of -85.53%. Use the drawdown chart below to compare losses from any high point for SAABY and GE.
Loading data...
Volatility
SAABY vs. GE - Volatility Comparison
Saab AB (publ) (SAABY) has a higher volatility of 10.48% compared to General Electric Company (GE) at 5.32%. This indicates that SAABY's price experiences larger fluctuations and is considered to be riskier than GE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...
Financials
SAABY vs. GE - Financials Comparison
This section allows you to compare key financial metrics between Saab AB (publ) and General Electric Company. 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. GE - Profitability Comparison
SAABY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Saab AB (publ) reported a gross profit of 3.72B and revenue of 15.79B. Therefore, the gross margin over that period was 23.6%.
GE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, General Electric Company reported a gross profit of 3.94B and revenue of 9.94B. Therefore, the gross margin over that period was 39.7%.
SAABY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Saab AB (publ) reported an operating income of 1.45B and revenue of 15.79B, resulting in an operating margin of 9.2%.
GE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, General Electric Company reported an operating income of 1.94B and revenue of 9.94B, resulting in an operating margin of 19.6%.
SAABY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Saab AB (publ) reported a net income of 1.27B and revenue of 15.79B, resulting in a net margin of 8.0%.
GE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, General Electric Company reported a net income of 1.98B and revenue of 9.94B, resulting in a net margin of 19.9%.