Air France-KLM SA

10-Year Study

AF.PA · Industrials · FR · Common Stock

Executive Summary: Air France-KLM SA has compounded at -12.4% annually over the last 10 years, with a maximum drawdown of 89.2% and an annualized volatility of 59.2%.

1Y CAGR
+1.4%
3Y CAGR
-16.5%
5Y CAGR
-16.2%
10Y CAGR
-12.4%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
89.2%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.14
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.27
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
50.7%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2017 · +162.5%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · -48.4%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
40%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-6.513.8-30.414.6————————-15.2%
2025-1.510.1-3.1-10.226.4-4.425.115.9-14.81.3-8.99.642.4%
2024-12.4-12.4-1.0-6.78.7-21.5-0.10.09.70.1-18.19.9-40.2%
202325.814.4-4.1-7.66.03.7-8.9-10.7-15.2-10.59.216.910.4%
20222.7-0.63.6-3.4-9.8-37.920.29.0-11.12.4-3.7-4.0-36.9%
2021-4.714.3-8.6-9.0-0.2-12.0-3.70.77.3-3.9-9.75.3-24.4%
2020-15.4-17.7-26.2-8.8-12.6-0.7-13.58.2-21.6-5.177.92.4-48.4%
201916.0-1.3-7.62.7-24.99.311.58.7-6.311.20.0-7.14.7%
2018-7.9-21.9-7.8-9.7-16.32.511.85.98.4-4.618.9-6.9-30.2%
2017-5.435.76.88.730.324.2-8.412.24.00.8-11.213.7162.5%
2016———-6.3-7.6-21.0-9.3-5.1-2.816.2-8.41.7-38.1%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 59.2%. The dominant macroeconomic risk driver is VEA.US, accounting for 33.8% of variance. Idiosyncratic stock-specific factors contribute 28.4%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019366.167460212077
2016-05-018658.212720754216
2016-06-016841.67346396798
2016-07-016206.655348369596
2016-08-015887.35607109661
2016-09-015719.929055143502
2016-10-016646.741089212209
2016-11-016085.86888479997
2016-12-016187.520154788777
2017-01-015856.246561830149
2017-02-017947.863118159227
2017-03-018488.39084166398
2017-04-019226.26951457784
2017-05-0112018.656220953391
2017-06-0114930.643815088111
2017-07-0113674.953051197905
2017-08-0115343.22419712806
2017-09-0115953.108105544703
2017-10-0116084.6595974733
2017-11-0114284.860671130755
2017-12-0116240.136009256976
2018-01-0114960.520325511694
2018-02-0111690.986778458562
2018-03-0110774.939772748829
2018-04-019732.107289868542
2018-05-018146.375931862587
2018-06-018352.073334977333
2018-07-019339.871388736081
2018-08-019894.768291063603
2018-09-0110729.484796175808
2018-10-0110236.783200864997
2018-11-0112174.108921220859
2018-12-0111336.997552971527
2019-01-0113154.746097084431
2019-02-0112981.343779046609
2019-03-0111988.755999013601
2019-04-0112317.611017318892
2019-05-019251.380010243374
2019-06-0110107.626572073525
2019-07-0111270.036231196767
2019-08-0112251.8589828708
2019-09-0111482.894512206689
2019-10-0112766.090634899558
2019-11-0112772.065936984276
2019-12-0111867.969535443974
2020-01-0110035.875524024508
2020-02-018261.187093347497
2020-03-016096.633913158943
2020-04-015557.291765464652
2020-05-014858.892767039096
2020-06-014823.017243014587
2020-07-014172.444372782973
2020-08-014515.668569911034
2020-09-013542.215983458846
2020-10-013360.443500199177
2020-11-015979.427888536905
2020-12-016122.929984634937
2021-01-015834.716505112203
2021-02-016670.642297551075
2021-03-016094.239050021814
2021-04-015544.1318739685485
2021-05-015532.157558282906
2021-06-014867.262932260941
2021-07-014686.676024811731
2021-08-014717.761822561982
2021-09-015062.195307016711
2021-10-014867.262932260941
2021-11-014394.882106341408
2021-12-014629.270444069275
2022-01-014753.63734658649
2022-02-014724.946411973367
2022-03-014895.953866874063
2022-04-014728.526850920955
2022-05-014264.516190223268
2022-06-012649.76193637726
2022-07-013184.45662689455
2022-08-013470.1803972153193
2022-09-013083.682683005482
2022-10-013157.188383253979
2022-11-013041.0019538289357
2022-12-012918.8876453515945
2023-01-013670.542709182996
2023-02-014198.123944837528
2023-03-014026.2154523208833
2023-04-013719.151317411841
2023-05-013940.8539939677908
2023-06-014085.4942428438644
2023-07-013723.8936206536787
2023-08-013326.725724149705
2023-09-012821.1961985697217
2023-10-012526.2249369273673
2023-11-012758.1235654532693
2023-12-013222.869283153442
2024-01-012821.6704288939054
2024-02-012472.162679970408
2024-03-012448.4511637612154
2024-04-012285.315932241971
2024-05-012483.781322912912
2024-06-011950.9835536923572
2024-07-011949.086632395622
2024-08-011949.5608627198055
2024-09-012138.3045317449782
2024-10-012140.675683365897
2024-11-011753.2295085076921
2024-12-011926.3235768347972
2025-01-011896.9212967353985
2025-02-012088.0361173814895
2025-03-012023.0665629683026
2025-04-011816.776371948328
2025-05-012295.748999374016
2025-06-012194.263709998672
2025-07-012744.6080012140296
2025-08-013180.899899463171
2025-09-012709.0407269002408
2025-10-012744.6080012140296
2025-11-012501.564960069807
2025-12-012742.2368495931105
2026-01-012563.2149022137073
2026-02-012916.5164937306754
2026-03-012029.2315571826925
2026-04-012324.6770491492307
Annual Return Matrix
YearAnnual Return
20171.6246598965319028
2018-0.30191486410524093
20190.04683532654845424
2020-0.4840793982198335
2021-0.24394522627465876
2022-0.36947134961814854
20230.1041429731925263
2024-0.4022954679223072
20250.4235598227474149
2026-0.1522697795071335
Total Factor Risk
0.5924521524632238
VTI.US Exposure
-0.10937149050650356
VEA.US Exposure
0.3375620196336375
VWO.US Exposure
-0.025739943250394085
QQQ.US Exposure
0.102807900977094
VTV.US Exposure
-0.0403481796431968
IJR.US Exposure
0.18093932871238208
QUAL.US Exposure
0.010555952427883132
SHV.US Exposure
0.04461202800015895
TLT.US Exposure
0.007612060002290506
LQD.US Exposure
-0.006871676126620715
HYG.US Exposure
0.16205608270393454
GLD.US Exposure
-0.0066682718922985666
USO.US Exposure
0.03589458479517245
VNQ.US Exposure
-0.014865720945698
BTC-USD.CC Exposure
-0.0057649858823361185
CPER.US Exposure
0.027281898344172592
VIX.INDX Exposure
0.0011848393842475494
UUP.US Exposure
-0.010261647135238335
TIP.US Exposure
0.02565870340914854
Idiosyncratic Exposure
0.2837265169921643
Value Score
49.4
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
59.2%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →1.5x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$2.4B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-7.2%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-13.6%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
34.3% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.13
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Air France-KLM SA a high-risk investment?

Air France-KLM SA (AF.PA) has an annualized volatility of 59.2% and experienced a maximum drawdown of 89.2% over the last 10 years. Its primary macro risk driver is VEA.US.

What is the 10-year return of AF.PA?

Over the past 10 years, AF.PA has generated a Compound Annual Growth Rate (CAGR) of -12.4%. It has had a positive return in 40% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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