PINE vs. ^GSPC
Compare and contrast key facts about Alpine Income Property Trust, Inc. (PINE) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PINE or ^GSPC.
Correlation
The correlation between PINE 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
PINE vs. ^GSPC - Performance Comparison
Key characteristics
PINE:
0.67
^GSPC:
0.25
PINE:
1.08
^GSPC:
0.41
PINE:
1.14
^GSPC:
1.06
PINE:
0.63
^GSPC:
0.30
PINE:
2.30
^GSPC:
1.15
PINE:
6.47%
^GSPC:
3.18%
PINE:
22.20%
^GSPC:
14.78%
PINE:
-60.00%
^GSPC:
-56.78%
PINE:
-9.33%
^GSPC:
-12.17%
Returns By Period
In the year-to-date period, PINE achieves a -0.02% return, which is significantly higher than ^GSPC's -8.25% return.
PINE
-0.02%
2.11%
-1.63%
16.09%
14.39%
N/A
^GSPC
-8.25%
-6.60%
-5.32%
3.55%
16.80%
10.02%
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Risk-Adjusted Performance
PINE vs. ^GSPC — Risk-Adjusted Performance Rank
PINE
^GSPC
PINE vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alpine Income Property Trust, Inc. (PINE) 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
PINE vs. ^GSPC - Drawdown Comparison
The maximum PINE drawdown since its inception was -60.00%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for PINE and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
PINE vs. ^GSPC - Volatility Comparison
The current volatility for Alpine Income Property Trust, Inc. (PINE) is 5.80%, while S&P 500 (^GSPC) has a volatility of 7.38%. This indicates that PINE experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.