SUBC.OL vs. CMCL.L
SUBC.OL (Subsea 7 S.A.) and CMCL.L (Caledonia Mining Corporation plc) are both stocks. SUBC.OL operates in Oil & Gas Equipment & Services (Energy), while CMCL.L operates in Gold (Basic Materials). Over the past 10 years, SUBC.OL returned 19.26%/yr vs 21.82%/yr for CMCL.L. At a correlation of -0.01, they often move in opposite directions.
Performance
SUBC.OL vs. CMCL.L - Performance Comparison
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Different Trading Currencies
SUBC.OL is traded in NOK, while CMCL.L is traded in GBp. To make them comparable, the CMCL.L values have been converted to NOK using the latest available exchange rates.
Returns By Period
In the year-to-date period, SUBC.OL achieves a 62.68% return, which is significantly higher than CMCL.L's -24.69% return. Over the past 10 years, SUBC.OL has underperformed CMCL.L with an annualized return of 19.26%, while CMCL.L has yielded a comparatively higher 21.82% annualized return.
SUBC.OL
- 1D
- -1.24%
- 1M
- -0.49%
- YTD
- 62.68%
- 6M
- 68.31%
- 1Y
- 91.13%
- 3Y*
- 47.00%
- 5Y*
- 34.11%
- 10Y*
- 19.26%
CMCL.L
- 1D
- -1.20%
- 1M
- -2.61%
- YTD
- -24.69%
- 6M
- -18.24%
- 1Y
- 14.49%
- 3Y*
- 15.69%
- 5Y*
- 13.27%
- 10Y*
- 21.82%
SUBC.OL vs. CMCL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SUBC.OL Subsea 7 S.A. | 62.68% | 21.45% | 25.84% | 35.57% | 81.19% | -26.38% | -16.30% | 26.21% | -28.38% | 16.68% |
CMCL.L Caledonia Mining Corporation plc | -24.69% | 153.01% | -9.79% | 6.88% | 21.58% | -22.20% | 104.65% | 52.25% | -11.00% | 33.16% |
Correlation
The correlation between SUBC.OL and CMCL.L is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2007 | -0.01 |
The correlation between SUBC.OL and CMCL.L shifts across timeframes, from -0.01 (all time) to 0.10 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SUBC.OL vs. CMCL.L — Risk / Return Rank
SUBC.OL
CMCL.L
SUBC.OL vs. CMCL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Subsea 7 S.A. (SUBC.OL) and Caledonia Mining Corporation plc (CMCL.L). 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.
| SUBC.OL | CMCL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.96 | ||
| Sortino ratioReturn per unit of downside risk | +3.11 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.10 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 8.20 | 0.30 | +7.89 |
| Martin ratioReturn relative to average drawdown | 19.99 | 0.54 | +19.44 |
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
| SUBC.OL | CMCL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.22 | 0.26 | +2.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.02 | 0.33 | +0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.54 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.21 | -0.05 |
Drawdowns
SUBC.OL vs. CMCL.L - Drawdown Comparison
The maximum SUBC.OL drawdown since its inception was -95.59%, which is greater than CMCL.L's maximum drawdown of -76.61%. Use the drawdown chart below to compare losses from any high point for SUBC.OL and CMCL.L.
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Drawdown Indicators
| SUBC.OL | CMCL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.59% | -76.61% | -18.98% |
Max Drawdown (1Y)Largest decline over 1 year | -11.30% | -47.74% | +36.44% |
Max Drawdown (3Y)Largest decline over 3 years | -33.69% | -47.74% | +14.05% |
Max Drawdown (5Y)Largest decline over 5 years | -33.80% | -47.74% | +13.94% |
Max Drawdown (10Y)Largest decline over 10 years | -70.34% | -53.79% | -16.55% |
Current DrawdownCurrent decline from peak | -4.57% | -47.74% | +43.17% |
Average DrawdownAverage peak-to-trough decline | -37.61% | -32.54% | -5.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.61% | 26.58% | -21.97% |
Volatility
SUBC.OL vs. CMCL.L - Volatility Comparison
Subsea 7 S.A. (SUBC.OL) has a higher volatility of 12.36% compared to Caledonia Mining Corporation plc (CMCL.L) at 10.14%. This indicates that SUBC.OL's price experiences larger fluctuations and is considered to be riskier than CMCL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SUBC.OL | CMCL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.36% | 10.14% | +2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 24.32% | 42.02% | -17.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.79% | 55.39% | -26.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.56% | 39.66% | -6.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.97% | 40.07% | -3.10% |
Dividends
SUBC.OL vs. CMCL.L - Dividend Comparison
SUBC.OL's dividend yield for the trailing twelve months is around 6.13%, more than CMCL.L's 2.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMCL.L Caledonia Mining Corporation plc | 2.63% | 2.12% | 5.45% | 4.26% | 3.99% | 4.18% | 2.07% | 3.37% | 4.67% | 4.02% | 4.49% | 8.45% |
SUBC.OL Subsea 7 S.A. | 6.13% | 6.40% | 3.33% | 2.70% | 0.88% | 3.17% | 0.00% | 1.43% | 5.93% | 4.07% | 0.00% | 0.00% |
Financials
SUBC.OL vs. CMCL.L - Financials Comparison
This section allows you to compare key financial metrics between Subsea 7 S.A. and Caledonia Mining Corporation plc. 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
SUBC.OL and CMCL.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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