C40.PA - Risk

Risk & Diversification Scores

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

Volatility Risk Score

5/7 Elevated

5 / 7 SRI PRIIPs Risk Class

Above-average volatility. Suitable for experienced investors with high risk tolerance (5+ years horizon).

Volatility (5Y)

16.8% p.a.

5-Year Horizon

Max Drawdown (5Y)

-22.2%

Deepest Drawdown

Sharpe Ratio

0.21

Moderate (0.0 - 0.5)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: Score Basis:

Diversification Score

High Concentration (> 50%)

68 / 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

59.3%

Focused

Effective Holdings

~25

of 42 holdings

Top Sector

35.3%

Industrials

Top Region / Country

76.2%

France

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	—	—	—	-5.1%
3 Years	15.0%	-15.9%	0.26	+6.4%
5 Years	16.8%	-22.2%	0.21	+6.1%
10 Years	17.4%	-38.4%	0.34	+8.4%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 15.7

🟢 Established large fund (> 500M € AUM)

🟡 Moderate analyst coverage (16.7 analysts)

⚠️ Elevated top 10 holdings concentration: 59% of fund in top 10 positions.

🔴 High single-country risk: 76% of portfolio in "France".

⚠️ Sector concentration: 35% in "Industrials".

🔴 Dominant Cyclicality: 68% in cyclical industries – higher drawdown risk in recessions.

⚠️ Elevated Regulatory & Policy Risk: 49% in heavily regulated industries (defense, regulated utilities, healthcare policy).