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BIOX vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BIOX and SPY is 0.22, 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.


-0.50.00.51.00.2

Performance

BIOX vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bioceres Crop Solutions Corp. (BIOX) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

-50.00%-40.00%-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-43.23%
10.77%
BIOX
SPY

Key characteristics

Sharpe Ratio

BIOX:

-1.50

SPY:

2.25

Sortino Ratio

BIOX:

-2.54

SPY:

2.99

Omega Ratio

BIOX:

0.69

SPY:

1.42

Calmar Ratio

BIOX:

-0.88

SPY:

3.34

Martin Ratio

BIOX:

-1.81

SPY:

14.72

Ulcer Index

BIOX:

30.03%

SPY:

1.90%

Daily Std Dev

BIOX:

36.08%

SPY:

12.45%

Max Drawdown

BIOX:

-62.00%

SPY:

-55.19%

Current Drawdown

BIOX:

-60.44%

SPY:

-0.73%

Returns By Period

In the year-to-date period, BIOX achieves a -53.90% return, which is significantly lower than SPY's 28.14% return.


BIOX

YTD

-53.90%

1M

-9.83%

6M

-43.23%

1Y

-53.96%

5Y*

4.26%

10Y*

N/A

SPY

YTD

28.14%

1M

0.45%

6M

10.77%

1Y

27.82%

5Y*

15.01%

10Y*

13.14%

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Risk-Adjusted Performance

BIOX vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bioceres Crop Solutions Corp. (BIOX) and SPDR S&P 500 ETF (SPY). 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.


Sharpe ratio
The chart of Sharpe ratio for BIOX, currently valued at -1.50, compared to the broader market-4.00-2.000.002.00-1.502.25
The chart of Sortino ratio for BIOX, currently valued at -2.54, compared to the broader market-4.00-2.000.002.004.00-2.542.99
The chart of Omega ratio for BIOX, currently valued at 0.69, compared to the broader market0.501.001.502.000.691.42
The chart of Calmar ratio for BIOX, currently valued at -0.88, compared to the broader market0.002.004.006.00-0.883.34
The chart of Martin ratio for BIOX, currently valued at -1.81, compared to the broader market0.0010.0020.00-1.8114.72
BIOX
SPY

The current BIOX Sharpe Ratio is -1.50, which is lower than the SPY Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of BIOX and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-2.00-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-1.50
2.25
BIOX
SPY

Dividends

BIOX vs. SPY - Dividend Comparison

BIOX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.17%.


TTM20232022202120202019201820172016201520142013
BIOX
Bioceres Crop Solutions Corp.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.17%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

BIOX vs. SPY - Drawdown Comparison

The maximum BIOX drawdown since its inception was -62.00%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BIOX and SPY. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-60.44%
-0.73%
BIOX
SPY

Volatility

BIOX vs. SPY - Volatility Comparison

Bioceres Crop Solutions Corp. (BIOX) has a higher volatility of 13.89% compared to SPDR S&P 500 ETF (SPY) at 3.96%. This indicates that BIOX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
13.89%
3.96%
BIOX
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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