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:
0.15
^GSPC:
0.46
QMCO:
3.02
^GSPC:
0.77
QMCO:
1.37
^GSPC:
1.11
QMCO:
0.46
^GSPC:
0.47
QMCO:
0.75
^GSPC:
1.94
QMCO:
61.42%
^GSPC:
4.61%
QMCO:
303.83%
^GSPC:
19.44%
QMCO:
-99.93%
^GSPC:
-56.78%
QMCO:
-99.65%
^GSPC:
-10.07%
Returns By Period
In the year-to-date period, QMCO achieves a -78.04% return, which is significantly lower than ^GSPC's -6.06% return. Over the past 10 years, QMCO has underperformed ^GSPC with an annualized return of -28.57%, while ^GSPC has yielded a comparatively higher 10.15% annualized return.
QMCO
-78.04%
-23.07%
138.71%
40.95%
-31.84%
-28.57%
^GSPC
-6.06%
-2.95%
-4.87%
8.34%
13.98%
10.15%
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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 30.51% compared to S&P 500 (^GSPC) at 14.23%. 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.