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:
0.30
^GSPC:
0.46
PINE:
0.58
^GSPC:
0.77
PINE:
1.08
^GSPC:
1.11
PINE:
0.33
^GSPC:
0.47
PINE:
0.99
^GSPC:
1.94
PINE:
7.11%
^GSPC:
4.61%
PINE:
22.98%
^GSPC:
19.44%
PINE:
-60.00%
^GSPC:
-56.78%
PINE:
-14.89%
^GSPC:
-10.07%
Returns By Period
The year-to-date returns for both investments are quite close, with PINE having a -6.14% return and ^GSPC slightly higher at -6.06%.
PINE
-6.14%
-6.18%
-10.20%
10.73%
14.03%
N/A
^GSPC
-6.06%
-3.27%
-4.87%
9.44%
14.30%
10.11%
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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 10.15%, while S&P 500 (^GSPC) has a volatility of 14.23%. 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.