TATAMOTORS.NS vs. ^NDX
TATAMOTORS.NS (Tata Motors Limited) is a stock, while ^NDX (NASDAQ 100 Index) is an index. Over the past 10 years, TATAMOTORS.NS returned 1.33%/yr vs 24.26%/yr for ^NDX. At a 0.06 correlation, their price movements are largely independent.
Performance
TATAMOTORS.NS vs. ^NDX - Performance Comparison
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Different Trading Currencies
TATAMOTORS.NS is traded in INR, while ^NDX is traded in USD. To make them comparable, the ^NDX values have been converted to INR using the latest available exchange rates.
Returns By Period
In the year-to-date period, TATAMOTORS.NS achieves a -7.65% return, which is significantly lower than ^NDX's 21.61% return. Over the past 10 years, TATAMOTORS.NS has underperformed ^NDX with an annualized return of 1.33%, while ^NDX has yielded a comparatively higher 24.26% annualized return.
TATAMOTORS.NS
- 1D
- 0.25%
- 1M
- -6.41%
- 6M
- -1.38%
- YTD
- -7.65%
- 1Y
- -17.40%
- 3Y*
- -2.57%
- 5Y*
- 13.88%
- 10Y*
- 1.33%
- ALL TIME*
- 12.13%
^NDX
- 1D
- 0.21%
- 1M
- -3.82%
- 6M
- 19.18%
- YTD
- 21.61%
- 1Y
- 38.86%
- 3Y*
- 29.73%
- 5Y*
- 20.03%
- 10Y*
- 24.26%
- ALL TIME*
- 20.61%
TATAMOTORS.NS vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TATAMOTORS.NS Tata Motors Limited | -7.65% | -16.61% | -4.13% | 102.09% | -19.58% | 162.40% | -0.71% | 7.21% | -60.01% | -8.51% |
^NDX NASDAQ 100 Index | 21.61% | 25.92% | 28.66% | 54.87% | -25.76% | 29.15% | 51.29% | 41.46% | 7.92% | 23.35% |
Correlation
The correlation between TATAMOTORS.NS and ^NDX is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2007 | 0.06 |
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Return for Risk
TATAMOTORS.NS vs. ^NDX — Risk / Return Rank
TATAMOTORS.NS
^NDX
TATAMOTORS.NS vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tata Motors Limited (TATAMOTORS.NS) and NASDAQ 100 Index (^NDX). 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.
| TATAMOTORS.NS | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.62 | ||
| Sortino ratioReturn per unit of downside risk | -3.32 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.36 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 4.08 | -4.65 |
| Martin ratioReturn relative to average drawdown | -1.13 | 12.36 | -13.49 |
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Drawdowns
TATAMOTORS.NS vs. ^NDX - Drawdown Comparison
The maximum TATAMOTORS.NS drawdown since its inception was -89.08%, which is greater than ^NDX's maximum drawdown of -40.93%. Use the drawdown chart below to compare losses from any high point for TATAMOTORS.NS and ^NDX.
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Drawdown Indicators
| TATAMOTORS.NS | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.08% | -40.93% | -48.15% |
Max Drawdown (1Y)Largest decline over 1 year | -31.81% | -9.56% | -22.25% |
Max Drawdown (3Y)Largest decline over 3 years | -57.17% | -23.30% | -33.87% |
Max Drawdown (5Y)Largest decline over 5 years | -57.17% | -30.25% | -26.92% |
Max Drawdown (10Y)Largest decline over 10 years | -88.91% | -30.25% | -58.66% |
Current DrawdownCurrent decline from peak | -50.94% | -5.71% | -45.23% |
Average DrawdownAverage peak-to-trough decline | -28.82% | -5.94% | -22.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.63% | 3.15% | +12.48% |
Volatility
TATAMOTORS.NS vs. ^NDX - Volatility Comparison
The current volatility for Tata Motors Limited (TATAMOTORS.NS) is 6.66%, while NASDAQ 100 Index (^NDX) has a volatility of 7.24%. This indicates that TATAMOTORS.NS experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TATAMOTORS.NS | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.66% | 7.24% | -0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 26.19% | 15.56% | +10.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.49% | 19.02% | +12.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.08% | 22.27% | +10.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.51% | 21.76% | +18.75% |
Frequently Asked Questions
TATAMOTORS.NS and ^NDX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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