TK vs. CRE.L
TK (Teekay Corporation) and CRE.L (Conduit Holdings Ltd) are both stocks. TK operates in Oil & Gas Midstream (Energy), while CRE.L operates in Insurance - Reinsurance (Financial Services). Over the past 5 years, TK returned 42.29%/yr vs 4.53%/yr for CRE.L. At a 0.07 correlation, their price movements are largely independent.
Performance
TK vs. CRE.L - Performance Comparison
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Different Trading Currencies
TK is traded in USD, while CRE.L is traded in GBp. To make them comparable, the CRE.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TK achieves a 47.49% return, which is significantly higher than CRE.L's 17.89% return.
TK
- 1D
- 3.44%
- 1M
- -0.16%
- YTD
- 47.49%
- 6M
- 43.36%
- 1Y
- 67.56%
- 3Y*
- 56.68%
- 5Y*
- 42.29%
- 10Y*
- 12.92%
CRE.L
- 1D
- 1.47%
- 1M
- -5.25%
- YTD
- 17.89%
- 6M
- 21.42%
- 1Y
- 24.51%
- 3Y*
- 8.12%
- 5Y*
- 4.53%
- 10Y*
- —
TK vs. CRE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TK Teekay Corporation | 47.49% | 48.20% | 47.41% | 57.49% | 44.59% | 46.05% | -8.12% |
CRE.L Conduit Holdings Ltd | 17.89% | -2.17% | 4.55% | 23.88% | -1.95% | -12.63% | -2.90% |
Correlation
The correlation between TK and CRE.L is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2020 | 0.07 |
Fundamentals
TK:
$1.09
CRE.L:
$1.42
TK:
11.34
CRE.L:
4.25
TK:
1.09
CRE.L:
0.64
TK:
$977.60M
CRE.L:
$1.49B
TK:
$207.39M
CRE.L:
$1.49B
TK:
$331.56M
CRE.L:
$320.30M
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Return for Risk
TK vs. CRE.L — Risk / Return Rank
TK
CRE.L
TK vs. CRE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teekay Corporation (TK) and Conduit Holdings Ltd (CRE.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.
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.
| TK | CRE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.23 | ||
| Sortino ratioReturn per unit of downside risk | +1.68 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.17 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 0.87 | +3.20 |
| Martin ratioReturn relative to average drawdown | 10.02 | 2.13 | +7.89 |
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Drawdowns
TK vs. CRE.L - Drawdown Comparison
The maximum TK drawdown since its inception was -97.03%, which is greater than CRE.L's maximum drawdown of -48.90%. Use the drawdown chart below to compare losses from any high point for TK and CRE.L.
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Drawdown Indicators
| TK | CRE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.03% | -48.90% | -48.13% |
Max Drawdown (1Y)Largest decline over 1 year | -16.68% | -28.02% | +11.34% |
Max Drawdown (3Y)Largest decline over 3 years | -32.17% | -44.54% | +12.37% |
Max Drawdown (5Y)Largest decline over 5 years | -36.59% | -47.59% | +11.00% |
Max Drawdown (10Y)Largest decline over 10 years | -83.87% | — | — |
Current DrawdownCurrent decline from peak | -60.22% | -6.79% | -53.43% |
Average DrawdownAverage peak-to-trough decline | -47.81% | -17.75% | -30.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.81% | 11.48% | -4.67% |
Volatility
TK vs. CRE.L - Volatility Comparison
Teekay Corporation (TK) has a higher volatility of 10.07% compared to Conduit Holdings Ltd (CRE.L) at 7.26%. This indicates that TK's price experiences larger fluctuations and is considered to be riskier than CRE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TK | CRE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.07% | 7.26% | +2.81% |
Volatility (6M)Calculated over the trailing 6-month period | 27.22% | 19.31% | +7.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.57% | 35.87% | -0.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.72% | 28.64% | +13.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.73% | 27.84% | +27.89% |
Dividends
TK vs. CRE.L - Dividend Comparison
TK's dividend yield for the trailing twelve months is around 16.23%, more than CRE.L's 5.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRE.L Conduit Holdings Ltd | 5.80% | 6.88% | 6.83% | 6.98% | 8.41% | 3.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TK Teekay Corporation | 16.23% | 11.07% | 46.90% | 0.00% | 0.00% | 0.00% | 0.00% | 1.03% | 6.59% | 2.36% | 2.74% | 17.55% |
Financials
TK vs. CRE.L - Financials Comparison
This section allows you to compare key financial metrics between Teekay Corporation and Conduit Holdings Ltd. 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
TK and CRE.L have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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