ALO.PA vs. ^GSPC
Compare and contrast key facts about Alstom SA (ALO.PA) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALO.PA or ^GSPC.
Correlation
The correlation between ALO.PA and ^GSPC is 0.27, 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.
Performance
ALO.PA vs. ^GSPC - Performance Comparison
Key characteristics
ALO.PA:
1.99
^GSPC:
1.80
ALO.PA:
2.91
^GSPC:
2.42
ALO.PA:
1.34
^GSPC:
1.33
ALO.PA:
0.79
^GSPC:
2.72
ALO.PA:
10.43
^GSPC:
11.10
ALO.PA:
7.14%
^GSPC:
2.08%
ALO.PA:
37.34%
^GSPC:
12.84%
ALO.PA:
-98.01%
^GSPC:
-56.78%
ALO.PA:
-90.38%
^GSPC:
-1.32%
Returns By Period
In the year-to-date period, ALO.PA achieves a -11.39% return, which is significantly lower than ^GSPC's 2.66% return. Over the past 10 years, ALO.PA has underperformed ^GSPC with an annualized return of -0.80%, while ^GSPC has yielded a comparatively higher 11.41% annualized return.
ALO.PA
-11.39%
-10.85%
14.30%
76.53%
-13.58%
-0.80%
^GSPC
2.66%
1.61%
15.23%
22.15%
12.59%
11.41%
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Risk-Adjusted Performance
ALO.PA vs. ^GSPC — Risk-Adjusted Performance Rank
ALO.PA
^GSPC
ALO.PA vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alstom SA (ALO.PA) and S&P 500 (^GSPC). 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.
Drawdowns
ALO.PA vs. ^GSPC - Drawdown Comparison
The maximum ALO.PA drawdown since its inception was -98.01%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ALO.PA and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
ALO.PA vs. ^GSPC - Volatility Comparison
Alstom SA (ALO.PA) has a higher volatility of 9.94% compared to S&P 500 (^GSPC) at 3.88%. This indicates that ALO.PA's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.