AXTA vs. ^GSPC
Compare and contrast key facts about Axalta Coating Systems Ltd. (AXTA) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AXTA or ^GSPC.
Correlation
The correlation between AXTA and ^GSPC is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AXTA vs. ^GSPC - Performance Comparison
Key characteristics
AXTA:
0.05
^GSPC:
2.11
AXTA:
0.26
^GSPC:
2.82
AXTA:
1.03
^GSPC:
1.39
AXTA:
0.07
^GSPC:
3.12
AXTA:
0.24
^GSPC:
13.56
AXTA:
5.38%
^GSPC:
1.95%
AXTA:
24.72%
^GSPC:
12.53%
AXTA:
-63.60%
^GSPC:
-56.78%
AXTA:
-16.13%
^GSPC:
-0.86%
Returns By Period
In the year-to-date period, AXTA achieves a 1.94% return, which is significantly lower than ^GSPC's 26.58% return. Over the past 10 years, AXTA has underperformed ^GSPC with an annualized return of 2.62%, while ^GSPC has yielded a comparatively higher 11.21% annualized return.
AXTA
1.94%
-14.85%
2.58%
1.23%
2.73%
2.62%
^GSPC
26.58%
0.27%
10.12%
26.27%
13.29%
11.21%
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Risk-Adjusted Performance
AXTA vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Axalta Coating Systems Ltd. (AXTA) 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
AXTA vs. ^GSPC - Drawdown Comparison
The maximum AXTA drawdown since its inception was -63.60%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for AXTA and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
AXTA vs. ^GSPC - Volatility Comparison
Axalta Coating Systems Ltd. (AXTA) has a higher volatility of 5.79% compared to S&P 500 (^GSPC) at 3.95%. This indicates that AXTA'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.