Correlation
The correlation between AMPS and ^GSPC is 0.33, 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.
AMPS vs. ^GSPC
Compare and contrast key facts about Altus Power, Inc. (AMPS) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMPS or ^GSPC.
Performance
AMPS vs. ^GSPC - Performance Comparison
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Key characteristics
Returns By Period
AMPS
N/A
N/A
N/A
N/A
N/A
N/A
N/A
^GSPC
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
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Risk-Adjusted Performance
AMPS vs. ^GSPC — Risk-Adjusted Performance Rank
AMPS
^GSPC
AMPS vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Altus Power, Inc. (AMPS) 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.
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Drawdowns
AMPS vs. ^GSPC - Drawdown Comparison
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Volatility
AMPS vs. ^GSPC - Volatility Comparison
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