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BRDCY vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

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.


-0.50.00.51.00.3

Performance

BRDCY vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bridgestone Corporation (BRDCY) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

100.00%200.00%300.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
61.00%
397.96%
BRDCY
^GSPC

Key characteristics

Sharpe Ratio

BRDCY:

-0.80

^GSPC:

2.10

Sortino Ratio

BRDCY:

-1.05

^GSPC:

2.80

Omega Ratio

BRDCY:

0.88

^GSPC:

1.39

Calmar Ratio

BRDCY:

-0.64

^GSPC:

3.09

Martin Ratio

BRDCY:

-1.33

^GSPC:

13.49

Ulcer Index

BRDCY:

12.27%

^GSPC:

1.94%

Daily Std Dev

BRDCY:

20.31%

^GSPC:

12.52%

Max Drawdown

BRDCY:

-85.88%

^GSPC:

-56.78%

Current Drawdown

BRDCY:

-25.23%

^GSPC:

-2.62%

Returns By Period

In the year-to-date period, BRDCY achieves a -18.20% return, which is significantly lower than ^GSPC's 24.34% return. Over the past 10 years, BRDCY has underperformed ^GSPC with an annualized return of 2.75%, while ^GSPC has yielded a comparatively higher 11.06% annualized return.


BRDCY

YTD

-18.20%

1M

-2.78%

6M

-15.06%

1Y

-18.93%

5Y*

0.29%

10Y*

2.75%

^GSPC

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

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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.


Sharpe ratio
The chart of Sharpe ratio for BRDCY, currently valued at -0.80, compared to the broader market-4.00-2.000.002.00-0.802.10
The chart of Sortino ratio for BRDCY, currently valued at -1.05, compared to the broader market-4.00-2.000.002.004.00-1.052.80
The chart of Omega ratio for BRDCY, currently valued at 0.88, compared to the broader market0.501.001.502.000.881.39
The chart of Calmar ratio for BRDCY, currently valued at -0.64, compared to the broader market0.002.004.006.00-0.643.09
The chart of Martin ratio for BRDCY, currently valued at -1.33, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.3313.49
BRDCY
^GSPC

The current BRDCY Sharpe Ratio is -0.80, which is lower than the ^GSPC Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of BRDCY and ^GSPC, 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-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.80
2.10
BRDCY
^GSPC

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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-25.23%
-2.62%
BRDCY
^GSPC

Volatility

BRDCY vs. ^GSPC - Volatility Comparison

Bridgestone Corporation (BRDCY) has a higher volatility of 4.19% compared to S&P 500 (^GSPC) at 3.79%. This indicates that BRDCY'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.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
4.19%
3.79%
BRDCY
^GSPC
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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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