NRJ.PA - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

7/7 Very High

7 / 7 SRI PRIIPs Risk Class

Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.

Volatility (5Y)

22.4% p.a.

5-Year Horizon

Max Drawdown (5Y)

-55.8%

Deepest Drawdown

Sharpe Ratio

-0.11

Negative (< 0.0)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

57 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

High concentration risk: A few heavyweights drive the majority of fund value.

Top 10 Holdings

63.2%

Focused

Effective Holdings

~24

of 96 holdings

Top Sector

40.9%

Industrials

Top Region / Country

33.9%

United States

Elevated concentration in top individual holdings, leading sectors, or key regions.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+28.2%
3 Years	21.5%	-27.3%	0.6	+15.5%
5 Years	22.4%	-55.8%	-0.11	+0.1%
10 Years	21.7%	-55.8%	0.29	+8.8%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 22.1

🟢 Established large fund (> 500M € AUM)

🟡 Moderate analyst coverage (15.3 analysts)

🔴 Extreme top 10 holdings concentration: 63% of fund in top 10 positions.

⚠️ Elevated emerging markets risk: 27% Emerging Markets.

⚠️ Sector concentration: 41% in "Industrials".

⚠️ Sector concentration: 34% in "Utilities".

⚠️ Industry concentration: 30% in "Specialty Industrial Machinery".

🔴 Growth estimates are hyper-concentrated: Top 3 growth drivers account for 81% of total forward growth.

⚠️ Elevated Economic Cyclicality: 52% in cyclical industries – more vulnerable to economic downturns.

⚠️ Elevated Interest Rate Sensitivity: 42% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).

⚠️ Elevated Regulatory & Policy Risk: 40% in heavily regulated industries (defense, regulated utilities, healthcare policy).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -55.8% in the extended horizon.