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TELNY vs. ^STOXX
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between TELNY and ^STOXX is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

TELNY vs. ^STOXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Telenor ASA ADR (TELNY) and STOXX Europe 600 Index (^STOXX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

TELNY:

1.79

^STOXX:

0.41

Sortino Ratio

TELNY:

2.20

^STOXX:

0.55

Omega Ratio

TELNY:

1.33

^STOXX:

1.08

Calmar Ratio

TELNY:

0.40

^STOXX:

0.32

Martin Ratio

TELNY:

7.88

^STOXX:

1.34

Ulcer Index

TELNY:

5.10%

^STOXX:

3.91%

Daily Std Dev

TELNY:

22.69%

^STOXX:

14.78%

Max Drawdown

TELNY:

-100.00%

^STOXX:

-61.04%

Current Drawdown

TELNY:

-100.00%

^STOXX:

-2.57%

Returns By Period

In the year-to-date period, TELNY achieves a 42.24% return, which is significantly higher than ^STOXX's 8.09% return. Over the past 10 years, TELNY has underperformed ^STOXX with an annualized return of 2.65%, while ^STOXX has yielded a comparatively higher 3.30% annualized return.


TELNY

YTD

42.24%

1M

5.43%

6M

34.74%

1Y

40.33%

3Y*

11.98%

5Y*

8.08%

10Y*

2.65%

^STOXX

YTD

8.09%

1M

3.99%

6M

7.53%

1Y

5.89%

3Y*

7.36%

5Y*

9.39%

10Y*

3.30%

*Annualized

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Telenor ASA ADR

STOXX Europe 600 Index

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

TELNY vs. ^STOXX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TELNY
The Risk-Adjusted Performance Rank of TELNY is 8686
Overall Rank
The Sharpe Ratio Rank of TELNY is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of TELNY is 8888
Sortino Ratio Rank
The Omega Ratio Rank of TELNY is 8989
Omega Ratio Rank
The Calmar Ratio Rank of TELNY is 6969
Calmar Ratio Rank
The Martin Ratio Rank of TELNY is 9292
Martin Ratio Rank

^STOXX
The Risk-Adjusted Performance Rank of ^STOXX is 3838
Overall Rank
The Sharpe Ratio Rank of ^STOXX is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of ^STOXX is 3333
Sortino Ratio Rank
The Omega Ratio Rank of ^STOXX is 3434
Omega Ratio Rank
The Calmar Ratio Rank of ^STOXX is 4040
Calmar Ratio Rank
The Martin Ratio Rank of ^STOXX is 4545
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TELNY vs. ^STOXX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Telenor ASA ADR (TELNY) and STOXX Europe 600 Index (^STOXX). 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.


The current TELNY Sharpe Ratio is 1.79, which is higher than the ^STOXX Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of TELNY and ^STOXX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Drawdowns

TELNY vs. ^STOXX - Drawdown Comparison

The maximum TELNY drawdown since its inception was -100.00%, which is greater than ^STOXX's maximum drawdown of -61.04%. Use the drawdown chart below to compare losses from any high point for TELNY and ^STOXX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

TELNY vs. ^STOXX - Volatility Comparison

Telenor ASA ADR (TELNY) has a higher volatility of 7.11% compared to STOXX Europe 600 Index (^STOXX) at 2.92%. This indicates that TELNY's price experiences larger fluctuations and is considered to be riskier than ^STOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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