SRP.L vs. HO.PA
SRP.L (Serco Group) and HO.PA (Thales S.A.) are both stocks. Both are in the Industrials sector — SRP.L in Specialty Business Services, HO.PA in Aerospace & Defense. Over the past 10 years, SRP.L returned 9.83%/yr vs 14.82%/yr for HO.PA. At a 0.22 correlation, their price movements are largely independent.
Performance
SRP.L vs. HO.PA - Performance Comparison
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Different Trading Currencies
SRP.L is traded in GBp, while HO.PA is traded in EUR. To make them comparable, the HO.PA values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, SRP.L achieves a -7.80% return, which is significantly lower than HO.PA's 0.71% return. Over the past 10 years, SRP.L has underperformed HO.PA with an annualized return of 9.83%, while HO.PA has yielded a comparatively higher 14.82% annualized return.
SRP.L
- 1D
- 1.11%
- 1M
- -7.68%
- YTD
- -7.80%
- 6M
- -2.49%
- 1Y
- 36.31%
- 3Y*
- 23.35%
- 5Y*
- 15.82%
- 10Y*
- 9.83%
HO.PA
- 1D
- 2.39%
- 1M
- -1.12%
- YTD
- 0.71%
- 6M
- 2.75%
- 1Y
- -10.20%
- 3Y*
- 22.79%
- 5Y*
- 24.91%
- 10Y*
- 14.82%
SRP.L vs. HO.PA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SRP.L Serco Group | -7.80% | 89.19% | -4.75% | 6.45% | 17.32% | 14.45% | -25.62% | 69.35% | -3.34% | -30.98% |
HO.PA Thales S.A. | 0.71% | 77.37% | 0.95% | 12.49% | 71.59% | -3.76% | -14.02% | -12.48% | 16.53% | 3.53% |
Correlation
The correlation between SRP.L and HO.PA is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2007 | 0.22 |
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Return for Risk
SRP.L vs. HO.PA — Risk / Return Rank
SRP.L
HO.PA
SRP.L vs. HO.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Serco Group (SRP.L) and Thales S.A. (HO.PA). 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.
| SRP.L | HO.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.11 | ||
| Sortino ratioReturn per unit of downside risk | +2.90 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.97 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | -0.53 | +2.20 |
| Martin ratioReturn relative to average drawdown | 5.89 | -0.94 | +6.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SRP.L | HO.PA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | -0.32 | +2.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.87 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.53 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.47 | -0.17 |
Drawdowns
SRP.L vs. HO.PA - Drawdown Comparison
The maximum SRP.L drawdown since its inception was -88.47%, which is greater than HO.PA's maximum drawdown of -53.05%. Use the drawdown chart below to compare losses from any high point for SRP.L and HO.PA.
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Drawdown Indicators
| SRP.L | HO.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.47% | -53.05% | -35.42% |
Max Drawdown (1Y)Largest decline over 1 year | -21.61% | -19.22% | -2.39% |
Max Drawdown (3Y)Largest decline over 3 years | -28.63% | -22.76% | -5.87% |
Max Drawdown (5Y)Largest decline over 5 years | -28.63% | -22.76% | -5.87% |
Max Drawdown (10Y)Largest decline over 10 years | -44.30% | -53.05% | +8.75% |
Current DrawdownCurrent decline from peak | -57.07% | -14.87% | -42.20% |
Average DrawdownAverage peak-to-trough decline | -41.30% | -14.54% | -26.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.14% | 9.92% | -3.78% |
Volatility
SRP.L vs. HO.PA - Volatility Comparison
The current volatility for Serco Group (SRP.L) is 6.16%, while Thales S.A. (HO.PA) has a volatility of 8.66%. This indicates that SRP.L experiences smaller price fluctuations and is considered to be less risky than HO.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SRP.L | HO.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.16% | 8.66% | -2.50% |
Volatility (6M)Calculated over the trailing 6-month period | 15.77% | 23.38% | -7.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.21% | 31.52% | -11.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.94% | 28.21% | -5.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.40% | 27.53% | +1.87% |
Dividends
SRP.L vs. HO.PA - Dividend Comparison
SRP.L's dividend yield for the trailing twelve months is around 1.77%, more than HO.PA's 1.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HO.PA Thales S.A. | 1.70% | 1.65% | 2.49% | 2.27% | 2.23% | 2.62% | 0.53% | 2.36% | 1.76% | 1.84% | 1.53% | 1.64% |
SRP.L Serco Group | 1.77% | 1.53% | 2.39% | 1.89% | 1.64% | 1.63% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SRP.L vs. HO.PA - Financials Comparison
This section allows you to compare key financial metrics between Serco Group and Thales S.A.. 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
SRP.L and HO.PA have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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