LNVGY vs. ^GSPC
Compare and contrast key facts about Lenovo Group Limited (LNVGY) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LNVGY or ^GSPC.
Correlation
The correlation between LNVGY and ^GSPC is 0.28, 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
LNVGY vs. ^GSPC - Performance Comparison
Key characteristics
LNVGY:
1.56
^GSPC:
1.62
LNVGY:
2.37
^GSPC:
2.20
LNVGY:
1.29
^GSPC:
1.30
LNVGY:
2.53
^GSPC:
2.46
LNVGY:
5.25
^GSPC:
10.01
LNVGY:
13.27%
^GSPC:
2.08%
LNVGY:
44.69%
^GSPC:
12.88%
LNVGY:
-84.28%
^GSPC:
-56.78%
LNVGY:
0.00%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, LNVGY achieves a 34.60% return, which is significantly higher than ^GSPC's 2.24% return. Over the past 10 years, LNVGY has underperformed ^GSPC with an annualized return of 6.49%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
LNVGY
34.60%
45.69%
44.00%
61.80%
25.07%
6.49%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
LNVGY vs. ^GSPC — Risk-Adjusted Performance Rank
LNVGY
^GSPC
LNVGY vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lenovo Group Limited (LNVGY) 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
LNVGY vs. ^GSPC - Drawdown Comparison
The maximum LNVGY drawdown since its inception was -84.28%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for LNVGY and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
LNVGY vs. ^GSPC - Volatility Comparison
Lenovo Group Limited (LNVGY) has a higher volatility of 17.32% compared to S&P 500 (^GSPC) at 3.43%. This indicates that LNVGY'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.