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

Correlation

The correlation between BYDDY 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.


-0.50.00.51.00.4

Performance

BYDDY vs. ^GSPC - Performance Comparison

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

200.00%300.00%400.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
265.69%
501.87%
BYDDY
^GSPC

Key characteristics

Sharpe Ratio

BYDDY:

1.03

^GSPC:

2.10

Sortino Ratio

BYDDY:

1.63

^GSPC:

2.80

Omega Ratio

BYDDY:

1.19

^GSPC:

1.39

Calmar Ratio

BYDDY:

0.66

^GSPC:

3.09

Martin Ratio

BYDDY:

3.92

^GSPC:

13.49

Ulcer Index

BYDDY:

9.94%

^GSPC:

1.94%

Daily Std Dev

BYDDY:

38.02%

^GSPC:

12.52%

Max Drawdown

BYDDY:

-97.37%

^GSPC:

-56.78%

Current Drawdown

BYDDY:

-34.72%

^GSPC:

-2.62%

Returns By Period

In the year-to-date period, BYDDY achieves a 26.88% return, which is significantly higher than ^GSPC's 24.34% return. Over the past 10 years, BYDDY has outperformed ^GSPC with an annualized return of 25.56%, while ^GSPC has yielded a comparatively lower 11.06% annualized return.


BYDDY

YTD

26.88%

1M

1.83%

6M

14.42%

1Y

34.34%

5Y*

49.31%

10Y*

25.56%

^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

BYDDY vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BYD Company Limited ADR (BYDDY) 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 BYDDY, currently valued at 1.03, compared to the broader market-4.00-2.000.002.001.032.10
The chart of Sortino ratio for BYDDY, currently valued at 1.63, compared to the broader market-4.00-2.000.002.004.001.632.80
The chart of Omega ratio for BYDDY, currently valued at 1.19, compared to the broader market0.501.001.502.001.191.39
The chart of Calmar ratio for BYDDY, currently valued at 0.66, compared to the broader market0.002.004.006.000.663.09
The chart of Martin ratio for BYDDY, currently valued at 3.92, compared to the broader market-5.000.005.0010.0015.0020.0025.003.9213.49
BYDDY
^GSPC

The current BYDDY Sharpe Ratio is 1.03, which is lower than the ^GSPC Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of BYDDY 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
1.03
2.10
BYDDY
^GSPC

Drawdowns

BYDDY vs. ^GSPC - Drawdown Comparison

The maximum BYDDY drawdown since its inception was -97.37%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BYDDY and ^GSPC. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-34.72%
-2.62%
BYDDY
^GSPC

Volatility

BYDDY vs. ^GSPC - Volatility Comparison

BYD Company Limited ADR (BYDDY) has a higher volatility of 10.80% compared to S&P 500 (^GSPC) at 3.79%. This indicates that BYDDY'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.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
10.80%
3.79%
BYDDY
^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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