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NHC vs. ^SP500TR
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between NHC and ^SP500TR is 0.32, 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

NHC vs. ^SP500TR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in National HealthCare Corporation (NHC) and S&P 500 Total Return (^SP500TR). The values are adjusted to include any dividend payments, if applicable.

0.00%10,000.00%20,000.00%30,000.00%40,000.00%JulyAugustSeptemberOctoberNovemberDecember
34,925.05%
4,983.85%
NHC
^SP500TR

Key characteristics

Sharpe Ratio

NHC:

0.70

^SP500TR:

2.23

Sortino Ratio

NHC:

1.15

^SP500TR:

2.97

Omega Ratio

NHC:

1.14

^SP500TR:

1.42

Calmar Ratio

NHC:

1.12

^SP500TR:

3.31

Martin Ratio

NHC:

2.77

^SP500TR:

14.64

Ulcer Index

NHC:

7.26%

^SP500TR:

1.91%

Daily Std Dev

NHC:

28.76%

^SP500TR:

12.52%

Max Drawdown

NHC:

-94.71%

^SP500TR:

-55.25%

Current Drawdown

NHC:

-18.02%

^SP500TR:

-2.57%

Returns By Period

In the year-to-date period, NHC achieves a 23.13% return, which is significantly lower than ^SP500TR's 26.03% return. Over the past 10 years, NHC has underperformed ^SP500TR with an annualized return of 8.94%, while ^SP500TR has yielded a comparatively higher 13.10% annualized return.


NHC

YTD

23.13%

1M

-9.30%

6M

6.48%

1Y

19.93%

5Y*

8.67%

10Y*

8.94%

^SP500TR

YTD

26.03%

1M

0.36%

6M

9.25%

1Y

26.67%

5Y*

14.81%

10Y*

13.10%

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Risk-Adjusted Performance

NHC vs. ^SP500TR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for National HealthCare Corporation (NHC) and S&P 500 Total Return (^SP500TR). 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 NHC, currently valued at 0.70, compared to the broader market-4.00-2.000.002.000.702.23
The chart of Sortino ratio for NHC, currently valued at 1.15, compared to the broader market-4.00-2.000.002.004.001.152.97
The chart of Omega ratio for NHC, currently valued at 1.14, compared to the broader market0.501.001.502.001.141.42
The chart of Calmar ratio for NHC, currently valued at 1.12, compared to the broader market0.002.004.006.001.123.31
The chart of Martin ratio for NHC, currently valued at 2.77, compared to the broader market-5.000.005.0010.0015.0020.0025.002.7714.64
NHC
^SP500TR

The current NHC Sharpe Ratio is 0.70, which is lower than the ^SP500TR Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of NHC and ^SP500TR, 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 Ratio1.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
0.70
2.23
NHC
^SP500TR

Drawdowns

NHC vs. ^SP500TR - Drawdown Comparison

The maximum NHC drawdown since its inception was -94.71%, which is greater than ^SP500TR's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for NHC and ^SP500TR. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-18.02%
-2.57%
NHC
^SP500TR

Volatility

NHC vs. ^SP500TR - Volatility Comparison

National HealthCare Corporation (NHC) has a higher volatility of 7.84% compared to S&P 500 Total Return (^SP500TR) at 3.79%. This indicates that NHC's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
7.84%
3.79%
NHC
^SP500TR
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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.

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