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.
Correlation
The correlation between AMPS and ^GSPC is 0.34, 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
AMPS vs. ^GSPC - Performance Comparison
Key characteristics
AMPS:
-0.17
^GSPC:
1.68
AMPS:
0.36
^GSPC:
2.28
AMPS:
1.04
^GSPC:
1.31
AMPS:
-0.18
^GSPC:
2.55
AMPS:
-0.32
^GSPC:
10.40
AMPS:
45.07%
^GSPC:
2.08%
AMPS:
85.29%
^GSPC:
12.85%
AMPS:
-80.67%
^GSPC:
-56.78%
AMPS:
-65.78%
^GSPC:
-1.52%
Returns By Period
In the year-to-date period, AMPS achieves a 19.66% return, which is significantly higher than ^GSPC's 2.45% return.
AMPS
19.66%
19.07%
54.11%
-18.70%
N/A
N/A
^GSPC
2.45%
1.82%
12.76%
20.57%
12.64%
11.31%
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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.
Drawdowns
AMPS vs. ^GSPC - Drawdown Comparison
The maximum AMPS drawdown since its inception was -80.67%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for AMPS and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
AMPS vs. ^GSPC - Volatility Comparison
Altus Power, Inc. (AMPS) has a higher volatility of 31.32% compared to S&P 500 (^GSPC) at 3.86%. This indicates that AMPS'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.