TELNY vs. ^STOXX
Compare and contrast key facts about Telenor ASA ADR (TELNY) and STOXX Europe 600 Index (^STOXX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TELNY or ^STOXX.
Correlation
The correlation between TELNY and ^STOXX is 0.52, 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
Key characteristics
TELNY:
1.64
^STOXX:
0.18
TELNY:
2.09
^STOXX:
0.33
TELNY:
1.31
^STOXX:
1.05
TELNY:
1.26
^STOXX:
0.16
TELNY:
7.21
^STOXX:
0.74
TELNY:
5.11%
^STOXX:
3.67%
TELNY:
22.17%
^STOXX:
14.72%
TELNY:
-80.92%
^STOXX:
-61.04%
TELNY:
-3.92%
^STOXX:
-7.91%
Returns By Period
In the year-to-date period, TELNY achieves a 29.71% return, which is significantly higher than ^STOXX's 2.17% return. Over the past 10 years, TELNY has underperformed ^STOXX with an annualized return of 2.17%, while ^STOXX has yielded a comparatively higher 2.28% annualized return.
TELNY
29.71%
2.12%
20.72%
34.01%
7.73%
2.17%
^STOXX
2.17%
-6.15%
-0.07%
2.57%
9.30%
2.28%
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Risk-Adjusted Performance
TELNY vs. ^STOXX — Risk-Adjusted Performance Rank
TELNY
^STOXX
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.
Drawdowns
TELNY vs. ^STOXX - Drawdown Comparison
The maximum TELNY drawdown since its inception was -80.92%, 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. For additional features, visit the drawdowns tool.
Volatility
TELNY vs. ^STOXX - Volatility Comparison
Telenor ASA ADR (TELNY) has a higher volatility of 13.38% compared to STOXX Europe 600 Index (^STOXX) at 12.09%. 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.