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TAL vs. SQQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TAL and SQQQ is -0.28. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.3

Performance

TAL vs. SQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TAL Education Group (TAL) and ProShares UltraPro Short QQQ (SQQQ). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
315.85%
-100.00%
TAL
SQQQ

Key characteristics

Sharpe Ratio

TAL:

-0.32

SQQQ:

-1.02

Sortino Ratio

TAL:

-0.10

SQQQ:

-1.70

Omega Ratio

TAL:

0.99

SQQQ:

0.82

Calmar Ratio

TAL:

-0.21

SQQQ:

-0.55

Martin Ratio

TAL:

-0.69

SQQQ:

-1.44

Ulcer Index

TAL:

28.54%

SQQQ:

37.93%

Daily Std Dev

TAL:

60.70%

SQQQ:

53.54%

Max Drawdown

TAL:

-98.06%

SQQQ:

-100.00%

Current Drawdown

TAL:

-89.15%

SQQQ:

-100.00%

Returns By Period

In the year-to-date period, TAL achieves a -22.57% return, which is significantly higher than SQQQ's -52.49% return. Over the past 10 years, TAL has outperformed SQQQ with an annualized return of 7.59%, while SQQQ has yielded a comparatively lower -52.39% annualized return.


TAL

YTD

-22.57%

1M

-0.31%

6M

-4.31%

1Y

-19.11%

5Y*

-27.17%

10Y*

7.59%

SQQQ

YTD

-52.49%

1M

-7.91%

6M

-25.07%

1Y

-52.77%

5Y*

-58.79%

10Y*

-52.39%

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Risk-Adjusted Performance

TAL vs. SQQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for TAL Education Group (TAL) and ProShares UltraPro Short QQQ (SQQQ). 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.


Sharpe ratio
The chart of Sharpe ratio for TAL, currently valued at -0.32, compared to the broader market-4.00-2.000.002.00-0.32-1.02
The chart of Sortino ratio for TAL, currently valued at -0.10, compared to the broader market-4.00-2.000.002.004.00-0.10-1.70
The chart of Omega ratio for TAL, currently valued at 0.99, compared to the broader market0.501.001.502.000.990.82
The chart of Calmar ratio for TAL, currently valued at -0.21, compared to the broader market0.002.004.006.00-0.21-0.55
The chart of Martin ratio for TAL, currently valued at -0.69, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.69-1.44
TAL
SQQQ

The current TAL Sharpe Ratio is -0.32, which is higher than the SQQQ Sharpe Ratio of -1.02. The chart below compares the historical Sharpe Ratios of TAL and SQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
-0.32
-1.02
TAL
SQQQ

Dividends

TAL vs. SQQQ - Dividend Comparison

TAL has not paid dividends to shareholders, while SQQQ's dividend yield for the trailing twelve months is around 7.71%.


TTM2023202220212020201920182017
TAL
TAL Education Group
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.28%
SQQQ
ProShares UltraPro Short QQQ
7.71%8.01%0.28%0.00%2.15%2.92%1.47%0.14%

Drawdowns

TAL vs. SQQQ - Drawdown Comparison

The maximum TAL drawdown since its inception was -98.06%, roughly equal to the maximum SQQQ drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for TAL and SQQQ. For additional features, visit the drawdowns tool.


-100.00%-98.00%-96.00%-94.00%-92.00%-90.00%-88.00%-86.00%JulyAugustSeptemberOctoberNovemberDecember
-89.15%
-100.00%
TAL
SQQQ

Volatility

TAL vs. SQQQ - Volatility Comparison

The current volatility for TAL Education Group (TAL) is 13.46%, while ProShares UltraPro Short QQQ (SQQQ) has a volatility of 15.39%. This indicates that TAL experiences smaller price fluctuations and is considered to be less risky than SQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
13.46%
15.39%
TAL
SQQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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