TGS.OL vs. KCR.HE
TGS.OL (TGS NOPEC Geophysical Company ASA) and KCR.HE (Konecranes Plc) are both stocks. TGS.OL operates in Oil & Gas Equipment & Services (Energy), while KCR.HE operates in Farm & Heavy Construction Machinery (Industrials). Over the past 10 years, TGS.OL returned 6.33%/yr vs 35.25%/yr for KCR.HE. At a 0.27 correlation, their price movements are largely independent.
Performance
TGS.OL vs. KCR.HE - Performance Comparison
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Different Trading Currencies
TGS.OL is traded in NOK, while KCR.HE is traded in EUR. To make them comparable, the KCR.HE values have been converted to NOK using the latest available exchange rates.
Returns By Period
In the year-to-date period, TGS.OL achieves a 66.97% return, which is significantly higher than KCR.HE's -15.74% return. Over the past 10 years, TGS.OL has underperformed KCR.HE with an annualized return of 6.33%, while KCR.HE has yielded a comparatively higher 35.25% annualized return.
TGS.OL
- 1D
- -1.12%
- 1M
- 0.47%
- YTD
- 66.97%
- 6M
- 67.15%
- 1Y
- 81.38%
- 3Y*
- 5.38%
- 5Y*
- 10.66%
- 10Y*
- 6.33%
KCR.HE
- 1D
- 2.52%
- 1M
- 0.06%
- YTD
- -15.74%
- 6M
- -13.11%
- 1Y
- 16.77%
- 3Y*
- 37.22%
- 5Y*
- 32.69%
- 10Y*
- 35.25%
TGS.OL vs. KCR.HE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TGS.OL TGS NOPEC Geophysical Company ASA | 66.97% | -12.94% | -9.45% | 4.03% | 62.69% | -33.34% | -48.07% | 33.15% | 10.30% | 4.06% |
KCR.HE Konecranes Plc | -15.74% | 65.17% | 71.58% | 73.45% | 5.46% | 24.54% | 34.53% | 15.43% | 0.03% | 70.87% |
Correlation
The correlation between TGS.OL and KCR.HE is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2007 | 0.27 |
The correlation between TGS.OL and KCR.HE shifts across timeframes, from -0.14 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
TGS.OL vs. KCR.HE — Risk / Return Rank
TGS.OL
KCR.HE
TGS.OL vs. KCR.HE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TGS NOPEC Geophysical Company ASA (TGS.OL) and Konecranes Plc (KCR.HE). 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.
| TGS.OL | KCR.HE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.67 | ||
| Sortino ratioReturn per unit of downside risk | +1.83 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.12 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 4.04 | 0.74 | +3.30 |
| Martin ratioReturn relative to average drawdown | 9.47 | 1.86 | +7.61 |
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Drawdowns
TGS.OL vs. KCR.HE - Drawdown Comparison
The maximum TGS.OL drawdown since its inception was -80.10%, which is greater than KCR.HE's maximum drawdown of -64.23%. Use the drawdown chart below to compare losses from any high point for TGS.OL and KCR.HE.
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Drawdown Indicators
| TGS.OL | KCR.HE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.10% | -64.23% | -15.87% |
Max Drawdown (1Y)Largest decline over 1 year | -20.37% | -22.92% | +2.55% |
Max Drawdown (3Y)Largest decline over 3 years | -50.70% | -25.90% | -24.80% |
Max Drawdown (5Y)Largest decline over 5 years | -60.10% | -44.75% | -15.35% |
Max Drawdown (10Y)Largest decline over 10 years | -74.82% | -53.66% | -21.16% |
Current DrawdownCurrent decline from peak | -38.09% | -20.87% | -17.22% |
Average DrawdownAverage peak-to-trough decline | -33.65% | -15.32% | -18.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.65% | 9.10% | -0.45% |
Volatility
TGS.OL vs. KCR.HE - Volatility Comparison
TGS NOPEC Geophysical Company ASA (TGS.OL) and Konecranes Plc (KCR.HE) have volatilities of 8.78% and 9.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TGS.OL | KCR.HE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.78% | 9.10% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 27.20% | 29.84% | -2.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.21% | 39.17% | +0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.09% | 37.11% | +4.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.80% | 39.25% | +3.55% |
Dividends
TGS.OL vs. KCR.HE - Dividend Comparison
TGS.OL's dividend yield for the trailing twelve months is around 4.04%, less than KCR.HE's 8.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KCR.HE Konecranes Plc | 8.60% | 5.27% | 6.62% | 9.20% | 17.49% | 7.51% | 13.51% | 13.14% | 40.91% | 24.74% | 9.33% | 13.76% |
TGS.OL TGS NOPEC Geophysical Company ASA | 4.04% | 7.05% | 5.32% | 4.47% | 4.14% | 5.62% | 5.31% | 3.55% | 3.11% | 2.53% | 2.62% | 6.01% |
Financials
TGS.OL vs. KCR.HE - Financials Comparison
This section allows you to compare key financial metrics between TGS NOPEC Geophysical Company ASA and Konecranes 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
TGS.OL and KCR.HE have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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