NCSM vs. ^GSPC
Compare and contrast key facts about NCS Multistage Holdings, Inc. (NCSM) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NCSM or ^GSPC.
Correlation
The correlation between NCSM and ^GSPC is 0.23, 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
NCSM vs. ^GSPC - Performance Comparison
Key characteristics
NCSM:
1.26
^GSPC:
0.24
NCSM:
2.09
^GSPC:
0.47
NCSM:
1.26
^GSPC:
1.07
NCSM:
0.76
^GSPC:
0.24
NCSM:
7.15
^GSPC:
1.08
NCSM:
10.38%
^GSPC:
4.25%
NCSM:
59.21%
^GSPC:
19.00%
NCSM:
-98.58%
^GSPC:
-56.78%
NCSM:
-94.70%
^GSPC:
-14.02%
Returns By Period
In the year-to-date period, NCSM achieves a 10.32% return, which is significantly higher than ^GSPC's -10.18% return.
NCSM
10.32%
-16.09%
55.36%
74.00%
17.37%
N/A
^GSPC
-10.18%
-6.92%
-9.92%
5.42%
12.98%
9.70%
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Risk-Adjusted Performance
NCSM vs. ^GSPC — Risk-Adjusted Performance Rank
NCSM
^GSPC
NCSM vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NCS Multistage Holdings, Inc. (NCSM) 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
NCSM vs. ^GSPC - Drawdown Comparison
The maximum NCSM drawdown since its inception was -98.58%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for NCSM and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
NCSM vs. ^GSPC - Volatility Comparison
NCS Multistage Holdings, Inc. (NCSM) has a higher volatility of 26.88% compared to S&P 500 (^GSPC) at 13.60%. This indicates that NCSM'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.