BRDCY vs. ^GSPC
Compare and contrast key facts about Bridgestone Corporation (BRDCY) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRDCY or ^GSPC.
Correlation
The correlation between BRDCY and ^GSPC is 0.35, 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
BRDCY vs. ^GSPC - Performance Comparison
Key characteristics
BRDCY:
-0.85
^GSPC:
2.16
BRDCY:
-1.11
^GSPC:
2.87
BRDCY:
0.87
^GSPC:
1.40
BRDCY:
-0.67
^GSPC:
3.19
BRDCY:
-1.37
^GSPC:
13.87
BRDCY:
12.46%
^GSPC:
1.95%
BRDCY:
20.05%
^GSPC:
12.54%
BRDCY:
-85.88%
^GSPC:
-56.78%
BRDCY:
-24.29%
^GSPC:
-0.82%
Returns By Period
In the year-to-date period, BRDCY achieves a -17.18% return, which is significantly lower than ^GSPC's 26.63% return. Over the past 10 years, BRDCY has underperformed ^GSPC with an annualized return of 2.94%, while ^GSPC has yielded a comparatively higher 11.23% annualized return.
BRDCY
-17.18%
-2.46%
-16.20%
-17.09%
0.72%
2.94%
^GSPC
26.63%
1.18%
10.44%
27.03%
13.30%
11.23%
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Risk-Adjusted Performance
BRDCY vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bridgestone Corporation (BRDCY) 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
BRDCY vs. ^GSPC - Drawdown Comparison
The maximum BRDCY drawdown since its inception was -85.88%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BRDCY and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BRDCY vs. ^GSPC - Volatility Comparison
Bridgestone Corporation (BRDCY) and S&P 500 (^GSPC) have volatilities of 4.15% and 3.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.