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:
-0.27
^GSPC:
0.58
JKS:
0.10
^GSPC:
0.86
JKS:
1.01
^GSPC:
1.11
JKS:
-0.26
^GSPC:
0.80
JKS:
-0.76
^GSPC:
2.64
JKS:
26.79%
^GSPC:
3.08%
JKS:
75.12%
^GSPC:
13.97%
JKS:
-94.84%
^GSPC:
-56.78%
JKS:
-76.04%
^GSPC:
-7.70%
Returns By Period
In the year-to-date period, JKS achieves a -25.42% return, which is significantly lower than ^GSPC's -3.58% return. Over the past 10 years, JKS has underperformed ^GSPC with an annualized return of -2.41%, while ^GSPC has yielded a comparatively higher 10.64% annualized return.
JKS
-25.42%
-12.07%
-27.26%
-16.06%
8.35%
-2.41%
^GSPC
-3.58%
-3.06%
-0.68%
8.94%
17.98%
10.64%
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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 12.95% compared to S&P 500 (^GSPC) at 5.74%. 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.