Correlation
The correlation between ^BSE100 and MLM is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
^BSE100 vs. MLM
Compare and contrast key facts about S&P BSE-100 (^BSE100) and Martin Marietta Materials, Inc. (MLM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^BSE100 or MLM.
Performance
^BSE100 vs. MLM - Performance Comparison
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Key characteristics
^BSE100:
0.58
MLM:
-0.15
^BSE100:
0.70
MLM:
0.05
^BSE100:
1.10
MLM:
1.01
^BSE100:
0.41
MLM:
-0.09
^BSE100:
0.85
MLM:
-0.18
^BSE100:
8.23%
MLM:
12.92%
^BSE100:
16.15%
MLM:
25.90%
^BSE100:
-38.32%
MLM:
-63.73%
^BSE100:
-6.32%
MLM:
-11.39%
Returns By Period
In the year-to-date period, ^BSE100 achieves a 3.51% return, which is significantly lower than MLM's 6.19% return. Over the past 10 years, ^BSE100 has underperformed MLM with an annualized return of 12.01%, while MLM has yielded a comparatively higher 14.85% annualized return.
^BSE100
3.51%
2.17%
1.54%
9.13%
15.38%
21.75%
12.01%
MLM
6.19%
2.19%
-8.47%
-3.73%
17.26%
21.92%
14.85%
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Risk-Adjusted Performance
^BSE100 vs. MLM — Risk-Adjusted Performance Rank
^BSE100
MLM
^BSE100 vs. MLM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P BSE-100 (^BSE100) and Martin Marietta Materials, Inc. (MLM). 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.
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Drawdowns
^BSE100 vs. MLM - Drawdown Comparison
The maximum ^BSE100 drawdown since its inception was -38.32%, smaller than the maximum MLM drawdown of -63.73%. Use the drawdown chart below to compare losses from any high point for ^BSE100 and MLM.
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Volatility
^BSE100 vs. MLM - Volatility Comparison
The current volatility for S&P BSE-100 (^BSE100) is 5.06%, while Martin Marietta Materials, Inc. (MLM) has a volatility of 6.39%. This indicates that ^BSE100 experiences smaller price fluctuations and is considered to be less risky than MLM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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