PAYO vs RNW
Comparison between Payoneer Global Inc (PAYO, Company) and ReNew Energy Global plc - Class A (RNW, Company).
PAYO is from the Technology sector, while RNW is from the Utilities sector.
5-Year PerformanceRNW has outperformed PAYO, delivering a return of -8.4% compared to -9.0%
PAYO vs RNW - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
PAYO vs RNW - Historical Returns
Returns include dividend reinvestment.
PAYO vs RNW - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | PAYO | RNW |
|---|---|---|
| 2026 | +24.08% | +9.73% |
| 2025 | -44.63% | -16.91% |
| 2024 | +99.60% | -9.54% |
| 2023 | -4.05% | +50.79% |
| 2022 | -24.45% | -27.25% |
| 2021 | -31.69% | -28.69% |
PAYO vs RNW Drawdown Comparison
The maximum drawdown for PAYO was -67.94%, occurring on May 11, 2022. Recovery took 849 trading sessions.
The maximum drawdown for RNW was -64.92%, occurring on Mar 1, 2023. This drawdown has not yet recovered.
The current PAYO drawdown is -38.91%. The current RNW drawdown is -46.55%.
| Rank | PAYO | RNW |
|---|---|---|
| #1 | -67.94% Jun 25, 2021 - Nov 8, 2024 | -64.92% Feb 5, 2021 - Mar 1, 2023 |
| #2 | -61.36% Nov 26, 2024 - Feb 26, 2026 | -0.18% Feb 2, 2021 - Feb 4, 2021 |
| #3 | -4.53% Nov 8, 2024 - Nov 19, 2024 | N/A |
| #4 | -0.65% Nov 20, 2024 - Nov 22, 2024 | N/A |
Correlation
Correlation between PAYO and RNW is 0.40 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
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