Correlation
The correlation between DTST and ^GSPC is 0.07, 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.
DTST vs. ^GSPC
Compare and contrast key facts about Data Storage Corporation (DTST) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DTST or ^GSPC.
Performance
DTST vs. ^GSPC - Performance Comparison
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Key characteristics
DTST:
-0.71
^GSPC:
0.62
DTST:
-0.64
^GSPC:
0.94
DTST:
0.92
^GSPC:
1.14
DTST:
-0.47
^GSPC:
0.61
DTST:
-0.96
^GSPC:
2.29
DTST:
46.16%
^GSPC:
5.01%
DTST:
71.35%
^GSPC:
19.79%
DTST:
-98.95%
^GSPC:
-56.78%
DTST:
-93.53%
^GSPC:
-3.78%
Returns By Period
In the year-to-date period, DTST achieves a -8.27% return, which is significantly lower than ^GSPC's 0.52% return. Both investments have delivered pretty close results over the past 10 years, with DTST having a 10.57% annualized return and ^GSPC not far ahead at 10.84%.
DTST
-8.27%
5.15%
2.37%
-50.32%
5.76%
-3.01%
10.57%
^GSPC
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
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Risk-Adjusted Performance
DTST vs. ^GSPC — Risk-Adjusted Performance Rank
DTST
^GSPC
DTST vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Data Storage Corporation (DTST) 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.
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Drawdowns
DTST vs. ^GSPC - Drawdown Comparison
The maximum DTST drawdown since its inception was -98.95%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for DTST and ^GSPC.
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Volatility
DTST vs. ^GSPC - Volatility Comparison
Data Storage Corporation (DTST) has a higher volatility of 18.16% compared to S&P 500 (^GSPC) at 4.76%. This indicates that DTST'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.
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