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.
Correlation
The correlation between SAABY and GE is 0.15, 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. GE - Performance Comparison
Key characteristics
SAABY:
2.11
GE:
0.48
SAABY:
2.68
GE:
0.87
SAABY:
1.38
GE:
1.12
SAABY:
4.26
GE:
0.78
SAABY:
7.44
GE:
2.47
SAABY:
15.98%
GE:
6.77%
SAABY:
56.42%
GE:
34.92%
SAABY:
-34.43%
GE:
-85.53%
SAABY:
0.00%
GE:
-14.30%
Fundamentals
SAABY:
$24.13B
GE:
$194.60B
SAABY:
$0.39
GE:
$6.09
SAABY:
58.62
GE:
29.85
SAABY:
1.93
GE:
11.20
SAABY:
0.38
GE:
5.03
SAABY:
6.86
GE:
10.02
SAABY:
$49.57B
GE:
$29.75B
SAABY:
$10.58B
GE:
$11.18B
SAABY:
$5.20B
GE:
$7.07B
Returns By Period
In the year-to-date period, SAABY achieves a 118.75% return, which is significantly higher than GE's 9.20% return.
SAABY
118.75%
19.34%
121.07%
122.97%
N/A
N/A
GE
9.20%
-11.57%
-5.29%
19.66%
40.52%
5.13%
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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.
Dividends
SAABY vs. GE - Dividend Comparison
SAABY's dividend yield for the trailing twelve months is around 0.17%, less than GE's 0.66% 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% |
GE General Electric Company | 0.66% | 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 -34.43%, smaller than the maximum GE drawdown of -85.53%. Use the drawdown chart below to compare losses from any high point for SAABY and GE. For additional features, visit the drawdowns tool.
Volatility
SAABY vs. GE - Volatility Comparison
Saab AB (publ) (SAABY) and General Electric Company (GE) have volatilities of 18.78% and 18.42%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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