JKS vs. ^GSPC
Compare and contrast key facts about JinkoSolar Holding Co., Ltd. (JKS) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JKS or ^GSPC.
Correlation
The correlation between JKS and ^GSPC is 0.36, 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
JKS vs. ^GSPC - Performance Comparison
Key characteristics
JKS:
-0.21
^GSPC:
0.46
JKS:
0.23
^GSPC:
0.77
JKS:
1.03
^GSPC:
1.11
JKS:
-0.20
^GSPC:
0.47
JKS:
-0.56
^GSPC:
1.94
JKS:
29.63%
^GSPC:
4.61%
JKS:
77.97%
^GSPC:
19.44%
JKS:
-94.84%
^GSPC:
-56.78%
JKS:
-77.21%
^GSPC:
-10.07%
Returns By Period
In the year-to-date period, JKS achieves a -29.08% return, which is significantly lower than ^GSPC's -6.06% return. Over the past 10 years, JKS has underperformed ^GSPC with an annualized return of -3.82%, while ^GSPC has yielded a comparatively higher 10.11% annualized return.
JKS
-29.08%
-13.98%
-24.91%
-17.34%
5.62%
-3.82%
^GSPC
-6.06%
-3.27%
-4.87%
9.44%
14.30%
10.11%
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Risk-Adjusted Performance
JKS vs. ^GSPC — Risk-Adjusted Performance Rank
JKS
^GSPC
JKS vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JinkoSolar Holding Co., Ltd. (JKS) 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
JKS vs. ^GSPC - Drawdown Comparison
The maximum JKS drawdown since its inception was -94.84%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for JKS and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
JKS vs. ^GSPC - Volatility Comparison
JinkoSolar Holding Co., Ltd. (JKS) has a higher volatility of 26.49% compared to S&P 500 (^GSPC) at 14.23%. This indicates that JKS'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.