SSABAH.HE vs. NFE
Compare and contrast key facts about SSAB AB (publ) (SSABAH.HE) and New Fortress Energy Inc. (NFE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSABAH.HE or NFE.
Correlation
The correlation between SSABAH.HE and NFE is 0.24, 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
SSABAH.HE vs. NFE - Performance Comparison
Key characteristics
SSABAH.HE:
-0.53
NFE:
-0.89
SSABAH.HE:
-0.60
NFE:
-1.41
SSABAH.HE:
0.93
NFE:
0.83
SSABAH.HE:
-0.42
NFE:
-0.73
SSABAH.HE:
-0.64
NFE:
-1.19
SSABAH.HE:
29.99%
NFE:
52.35%
SSABAH.HE:
35.99%
NFE:
70.23%
SSABAH.HE:
-73.23%
NFE:
-85.37%
SSABAH.HE:
-19.21%
NFE:
-77.97%
Fundamentals
SSABAH.HE:
€5.49B
NFE:
$3.37B
SSABAH.HE:
€1.13
NFE:
$0.91
SSABAH.HE:
4.94
NFE:
13.57
SSABAH.HE:
€103.42B
NFE:
$1.69B
SSABAH.HE:
€14.49B
NFE:
$656.63M
SSABAH.HE:
€10.51B
NFE:
$651.18M
Returns By Period
In the year-to-date period, SSABAH.HE achieves a 44.57% return, which is significantly higher than NFE's -20.30% return.
SSABAH.HE
44.57%
41.40%
27.79%
-17.34%
18.24%
7.98%
NFE
-20.30%
-22.86%
-5.06%
-62.17%
-3.10%
N/A
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
SSABAH.HE vs. NFE — Risk-Adjusted Performance Rank
SSABAH.HE
NFE
SSABAH.HE vs. NFE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SSAB AB (publ) (SSABAH.HE) and New Fortress Energy Inc. (NFE). 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
SSABAH.HE vs. NFE - Dividend Comparison
SSABAH.HE's dividend yield for the trailing twelve months is around 0.65%, less than NFE's 2.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
SSABAH.HE SSAB AB (publ) | 0.65% | 0.93% | 0.98% | 0.97% | 0.00% | 0.00% | 0.44% | 0.32% |
NFE New Fortress Energy Inc. | 2.49% | 1.98% | 10.46% | 0.94% | 1.66% | 0.37% | 0.00% | 0.00% |
Drawdowns
SSABAH.HE vs. NFE - Drawdown Comparison
The maximum SSABAH.HE drawdown since its inception was -73.23%, smaller than the maximum NFE drawdown of -85.37%. Use the drawdown chart below to compare losses from any high point for SSABAH.HE and NFE. For additional features, visit the drawdowns tool.
Volatility
SSABAH.HE vs. NFE - Volatility Comparison
The current volatility for SSAB AB (publ) (SSABAH.HE) is 11.70%, while New Fortress Energy Inc. (NFE) has a volatility of 16.35%. This indicates that SSABAH.HE experiences smaller price fluctuations and is considered to be less risky than NFE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
SSABAH.HE vs. NFE - Financials Comparison
This section allows you to compare key financial metrics between SSAB AB (publ) and New Fortress Energy 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