PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
EVVTY vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between EVVTY and ^GSPC is 0.27, 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

EVVTY vs. ^GSPC - Performance Comparison

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

0.00%500.00%1,000.00%1,500.00%2,000.00%JulyAugustSeptemberOctoberNovemberDecember
1,418.36%
173.20%
EVVTY
^GSPC

Key characteristics

Sharpe Ratio

EVVTY:

-0.96

^GSPC:

2.10

Sortino Ratio

EVVTY:

-1.37

^GSPC:

2.80

Omega Ratio

EVVTY:

0.83

^GSPC:

1.39

Calmar Ratio

EVVTY:

-0.53

^GSPC:

3.09

Martin Ratio

EVVTY:

-1.46

^GSPC:

13.49

Ulcer Index

EVVTY:

20.52%

^GSPC:

1.94%

Daily Std Dev

EVVTY:

31.31%

^GSPC:

12.52%

Max Drawdown

EVVTY:

-64.22%

^GSPC:

-56.78%

Current Drawdown

EVVTY:

-56.25%

^GSPC:

-2.62%

Returns By Period

In the year-to-date period, EVVTY achieves a -30.20% return, which is significantly lower than ^GSPC's 24.34% return.


EVVTY

YTD

-30.20%

1M

-9.09%

6M

-20.50%

1Y

-29.76%

5Y*

24.18%

10Y*

N/A

^GSPC

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

EVVTY vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolution Gaming Group AB ADR (EVVTY) 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 EVVTY, currently valued at -0.96, compared to the broader market-4.00-2.000.002.00-0.962.10
The chart of Sortino ratio for EVVTY, currently valued at -1.37, compared to the broader market-4.00-2.000.002.004.00-1.372.80
The chart of Omega ratio for EVVTY, currently valued at 0.83, compared to the broader market0.501.001.502.000.831.39
The chart of Calmar ratio for EVVTY, currently valued at -0.53, compared to the broader market0.002.004.006.00-0.533.09
The chart of Martin ratio for EVVTY, currently valued at -1.46, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.4613.49
EVVTY
^GSPC

The current EVVTY Sharpe Ratio is -0.96, which is lower than the ^GSPC Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of EVVTY 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
-0.96
2.10
EVVTY
^GSPC

Drawdowns

EVVTY vs. ^GSPC - Drawdown Comparison

The maximum EVVTY drawdown since its inception was -64.22%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for EVVTY and ^GSPC. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-56.25%
-2.62%
EVVTY
^GSPC

Volatility

EVVTY vs. ^GSPC - Volatility Comparison

Evolution Gaming Group AB ADR (EVVTY) has a higher volatility of 6.87% compared to S&P 500 (^GSPC) at 3.79%. This indicates that EVVTY'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%JulyAugustSeptemberOctoberNovemberDecember
6.87%
3.79%
EVVTY
^GSPC
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab