SPM.MI vs. GIS
SPM.MI (Saipem SpA) and GIS (General Mills, Inc.) are both stocks. SPM.MI operates in Oil & Gas Equipment & Services (Energy), while GIS operates in Packaged Foods (Consumer Defensive). Over the past 10 years, SPM.MI returned -4.87%/yr vs -2.94%/yr for GIS. At a correlation of -0.01, they often move in opposite directions.
Performance
SPM.MI vs. GIS - Performance Comparison
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Different Trading Currencies
SPM.MI is traded in EUR, while GIS is traded in USD. To make them comparable, the GIS values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, SPM.MI achieves a 102.43% return, which is significantly higher than GIS's -22.29% return. Over the past 10 years, SPM.MI has underperformed GIS with an annualized return of -4.87%, while GIS has yielded a comparatively higher -2.94% annualized return.
SPM.MI
- 1D
- 0.85%
- 1M
- 6.73%
- YTD
- 102.43%
- 6M
- 110.24%
- 1Y
- 104.11%
- 3Y*
- 60.15%
- 5Y*
- -0.99%
- 10Y*
- -4.87%
GIS
- 1D
- 2.12%
- 1M
- 3.98%
- YTD
- -22.29%
- 6M
- -22.65%
- 1Y
- -33.26%
- 3Y*
- -23.18%
- 5Y*
- -6.99%
- 10Y*
- -2.94%
SPM.MI vs. GIS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPM.MI Saipem SpA | 102.43% | 4.29% | 70.75% | 30.09% | -75.59% | -16.27% | -49.38% | 33.29% | -14.14% | -28.89% |
GIS General Mills, Inc. | -22.29% | -32.79% | 8.14% | -22.36% | 36.03% | 27.39% | 4.23% | 46.36% | -28.36% | -12.86% |
Correlation
The correlation between SPM.MI and GIS is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2007 | -0.01 |
The correlation between SPM.MI and GIS shifts across timeframes, from -0.11 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SPM.MI vs. GIS — Risk / Return Rank
SPM.MI
GIS
SPM.MI vs. GIS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saipem SpA (SPM.MI) and General Mills, Inc. (GIS). 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.
| SPM.MI | GIS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.68 | ||
| Sortino ratioReturn per unit of downside risk | +5.84 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 0.77 | +0.71 |
| Calmar ratioReturn relative to maximum drawdown | 7.07 | -0.91 | +7.98 |
| Martin ratioReturn relative to average drawdown | 17.93 | -1.82 | +19.75 |
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Drawdowns
SPM.MI vs. GIS - Drawdown Comparison
The maximum SPM.MI drawdown since its inception was -99.54%, which is greater than GIS's maximum drawdown of -62.26%. Use the drawdown chart below to compare losses from any high point for SPM.MI and GIS.
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Drawdown Indicators
| SPM.MI | GIS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.54% | -62.26% | -37.28% |
Max Drawdown (1Y)Largest decline over 1 year | -14.73% | -36.81% | +22.08% |
Max Drawdown (3Y)Largest decline over 3 years | -41.09% | -58.01% | +16.92% |
Max Drawdown (5Y)Largest decline over 5 years | -89.70% | -62.26% | -27.44% |
Max Drawdown (10Y)Largest decline over 10 years | -95.91% | -62.26% | -33.65% |
Current DrawdownCurrent decline from peak | -95.80% | -59.40% | -36.40% |
Average DrawdownAverage peak-to-trough decline | -65.66% | -14.64% | -51.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.81% | 19.50% | -13.69% |
Volatility
SPM.MI vs. GIS - Volatility Comparison
Saipem SpA (SPM.MI) has a higher volatility of 10.02% compared to General Mills, Inc. (GIS) at 6.57%. This indicates that SPM.MI's price experiences larger fluctuations and is considered to be riskier than GIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPM.MI | GIS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.02% | 6.57% | +3.45% |
Volatility (6M)Calculated over the trailing 6-month period | 24.78% | 19.38% | +5.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.62% | 24.04% | +7.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.87% | 21.97% | +47.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.69% | 22.90% | +34.79% |
Dividends
SPM.MI vs. GIS - Dividend Comparison
SPM.MI's dividend yield for the trailing twelve months is around 3.60%, less than GIS's 7.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIS General Mills, Inc. | 7.07% | 5.20% | 3.73% | 3.47% | 2.50% | 3.03% | 3.37% | 3.66% | 5.03% | 3.27% | 3.01% | 3.00% |
SPM.MI Saipem SpA | 3.60% | 7.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SPM.MI vs. GIS - Financials Comparison
This section allows you to compare key financial metrics between Saipem SpA and General Mills, Inc.. 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
SPM.MI and GIS have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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