SAF.PA vs. AENA.MC
SAF.PA (Safran SA) and AENA.MC (Aena SA) are both stocks. Both are in the Industrials sector — SAF.PA in Aerospace & Defense, AENA.MC in Airports & Air Services. Over the past 10 years, SAF.PA returned 19.52%/yr vs 47.97%/yr for AENA.MC. At a 0.42 correlation, their price movements are largely independent.
Performance
SAF.PA vs. AENA.MC - Performance Comparison
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Returns By Period
In the year-to-date period, SAF.PA achieves a 4.08% return, which is significantly lower than AENA.MC's 13.68% return. Over the past 10 years, SAF.PA has underperformed AENA.MC with an annualized return of 19.52%, while AENA.MC has yielded a comparatively higher 47.97% annualized return.
SAF.PA
- 1D
- 3.66%
- 1M
- 9.96%
- YTD
- 4.08%
- 6M
- 6.26%
- 1Y
- 19.93%
- 3Y*
- 31.43%
- 5Y*
- 21.02%
- 10Y*
- 19.52%
AENA.MC
- 1D
- 3.02%
- 1M
- 12.20%
- YTD
- 13.68%
- 6M
- 14.74%
- 1Y
- 15.33%
- 3Y*
- 80.31%
- 5Y*
- 54.47%
- 10Y*
- 47.97%
SAF.PA vs. AENA.MC - Yearly Performance Comparison
Correlation
The correlation between SAF.PA and AENA.MC is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2015 | 0.42 |
The correlation between SAF.PA and AENA.MC shifts across timeframes, from 0.31 (3 years) to 0.42 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SAF.PA vs. AENA.MC — Risk / Return Rank
SAF.PA
AENA.MC
SAF.PA vs. AENA.MC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Safran SA (SAF.PA) and Aena SA (AENA.MC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SAF.PA | AENA.MC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.14 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.83 | 0.87 | -0.03 |
| Martin ratioReturn relative to average drawdown | 2.22 | 1.80 | +0.42 |
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Drawdowns
SAF.PA vs. AENA.MC - Drawdown Comparison
The maximum SAF.PA drawdown since its inception was -64.89%, which is greater than AENA.MC's maximum drawdown of -48.40%. Use the drawdown chart below to compare losses from any high point for SAF.PA and AENA.MC.
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Drawdown Indicators
| SAF.PA | AENA.MC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.89% | -48.40% | -16.49% |
Max Drawdown (1Y)Largest decline over 1 year | -23.62% | -17.46% | -6.16% |
Max Drawdown (3Y)Largest decline over 3 years | -23.62% | -17.46% | -6.16% |
Max Drawdown (5Y)Largest decline over 5 years | -29.84% | -33.29% | +3.45% |
Max Drawdown (10Y)Largest decline over 10 years | -64.63% | -48.40% | -16.23% |
Current DrawdownCurrent decline from peak | -10.85% | -6.01% | -4.84% |
Average DrawdownAverage peak-to-trough decline | -13.50% | -11.54% | -1.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.90% | 8.45% | +0.45% |
Volatility
SAF.PA vs. AENA.MC - Volatility Comparison
Safran SA (SAF.PA) has a higher volatility of 10.23% compared to Aena SA (AENA.MC) at 7.92%. This indicates that SAF.PA's price experiences larger fluctuations and is considered to be riskier than AENA.MC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAF.PA | AENA.MC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.23% | 7.92% | +2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 27.80% | 17.17% | +10.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.51% | 22.12% | +9.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.37% | 53.10% | -24.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.13% | 52.41% | -19.28% |
Dividends
SAF.PA vs. AENA.MC - Dividend Comparison
SAF.PA's dividend yield for the trailing twelve months is around 1.09%, less than AENA.MC's 4.20% yield.
Financials
SAF.PA vs. AENA.MC - Financials Comparison
This section allows you to compare key financial metrics between Safran SA and Aena SA. 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
Frequently Asked Questions
SAF.PA and AENA.MC have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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