QMCO vs. ^GSPC
Compare and contrast key facts about Quantum Corporation (QMCO) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QMCO or ^GSPC.
Correlation
The correlation between QMCO and ^GSPC is 0.39, 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
QMCO vs. ^GSPC - Performance Comparison
Key characteristics
QMCO:
0.06
^GSPC:
0.67
QMCO:
2.83
^GSPC:
1.05
QMCO:
1.35
^GSPC:
1.16
QMCO:
0.17
^GSPC:
0.68
QMCO:
0.28
^GSPC:
2.70
QMCO:
62.55%
^GSPC:
4.78%
QMCO:
303.81%
^GSPC:
19.41%
QMCO:
-99.93%
^GSPC:
-56.78%
QMCO:
-99.67%
^GSPC:
-7.45%
Returns By Period
In the year-to-date period, QMCO achieves a -79.25% return, which is significantly lower than ^GSPC's -3.31% return. Over the past 10 years, QMCO has underperformed ^GSPC with an annualized return of -28.91%, while ^GSPC has yielded a comparatively higher 10.61% annualized return.
QMCO
-79.25%
-10.05%
163.92%
27.27%
-33.10%
-28.91%
^GSPC
-3.31%
5.38%
-0.74%
10.90%
14.93%
10.61%
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Risk-Adjusted Performance
QMCO vs. ^GSPC — Risk-Adjusted Performance Rank
QMCO
^GSPC
QMCO vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Quantum Corporation (QMCO) 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
QMCO vs. ^GSPC - Drawdown Comparison
The maximum QMCO drawdown since its inception was -99.93%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for QMCO and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
QMCO vs. ^GSPC - Volatility Comparison
Quantum Corporation (QMCO) has a higher volatility of 29.03% compared to S&P 500 (^GSPC) at 14.17%. This indicates that QMCO'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.