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TEO vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TEO and SPY is 0.33, 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.


-0.50.00.51.00.3

Performance

TEO vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Telecom Argentina S.A. (TEO) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
76.10%
7.86%
TEO
SPY

Key characteristics

Sharpe Ratio

TEO:

1.15

SPY:

2.03

Sortino Ratio

TEO:

1.89

SPY:

2.71

Omega Ratio

TEO:

1.21

SPY:

1.38

Calmar Ratio

TEO:

0.78

SPY:

3.02

Martin Ratio

TEO:

3.54

SPY:

13.49

Ulcer Index

TEO:

16.91%

SPY:

1.88%

Daily Std Dev

TEO:

52.02%

SPY:

12.48%

Max Drawdown

TEO:

-98.60%

SPY:

-55.19%

Current Drawdown

TEO:

-51.77%

SPY:

-3.54%

Returns By Period

In the year-to-date period, TEO achieves a 73.15% return, which is significantly higher than SPY's 24.51% return. Over the past 10 years, TEO has underperformed SPY with an annualized return of 0.40%, while SPY has yielded a comparatively higher 12.94% annualized return.


TEO

YTD

73.15%

1M

-11.06%

6M

68.21%

1Y

57.51%

5Y*

7.74%

10Y*

0.40%

SPY

YTD

24.51%

1M

-0.32%

6M

7.56%

1Y

24.63%

5Y*

14.51%

10Y*

12.94%

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Risk-Adjusted Performance

TEO vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Telecom Argentina S.A. (TEO) and SPDR S&P 500 ETF (SPY). 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 TEO, currently valued at 1.15, compared to the broader market-4.00-2.000.002.001.152.03
The chart of Sortino ratio for TEO, currently valued at 1.89, compared to the broader market-4.00-2.000.002.004.001.892.71
The chart of Omega ratio for TEO, currently valued at 1.21, compared to the broader market0.501.001.502.001.211.38
The chart of Calmar ratio for TEO, currently valued at 0.78, compared to the broader market0.002.004.006.000.783.02
The chart of Martin ratio for TEO, currently valued at 3.54, compared to the broader market0.0010.0020.003.5413.49
TEO
SPY

The current TEO Sharpe Ratio is 1.15, which is lower than the SPY Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of TEO and SPY, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.15
2.03
TEO
SPY

Dividends

TEO vs. SPY - Dividend Comparison

TEO has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.87%.


TTM20232022202120202019201820172016201520142013
TEO
Telecom Argentina S.A.
0.00%3.43%5.76%7.89%5.66%11.72%15.08%3.33%3.90%2.91%5.90%4.62%
SPY
SPDR S&P 500 ETF
0.87%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

TEO vs. SPY - Drawdown Comparison

The maximum TEO drawdown since its inception was -98.60%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TEO and SPY. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-51.77%
-3.54%
TEO
SPY

Volatility

TEO vs. SPY - Volatility Comparison

Telecom Argentina S.A. (TEO) has a higher volatility of 14.01% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that TEO's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
14.01%
3.64%
TEO
SPY
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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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