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:
0.01
^GSPC:
-0.17
QMCO:
2.70
^GSPC:
-0.11
QMCO:
1.33
^GSPC:
0.98
QMCO:
0.02
^GSPC:
-0.15
QMCO:
0.04
^GSPC:
-0.79
QMCO:
58.48%
^GSPC:
3.36%
QMCO:
303.01%
^GSPC:
15.95%
QMCO:
-99.93%
^GSPC:
-56.78%
QMCO:
-99.67%
^GSPC:
-17.42%
Returns By Period
In the year-to-date period, QMCO achieves a -78.95% return, which is significantly lower than ^GSPC's -13.73% return. Over the past 10 years, QMCO has underperformed ^GSPC with an annualized return of -26.63%, while ^GSPC has yielded a comparatively higher 9.37% annualized return.
QMCO
-78.95%
-8.62%
227.00%
-0.58%
-27.79%
-26.63%
^GSPC
-13.73%
-13.15%
-11.77%
-1.42%
15.35%
9.37%
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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 54.62% compared to S&P 500 (^GSPC) at 9.30%. 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.