VAL vs. ^GSPC
Compare and contrast key facts about Valaris Limited (VAL) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VAL or ^GSPC.
Correlation
The correlation between VAL and ^GSPC is 0.34, 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
VAL vs. ^GSPC - Performance Comparison
Key characteristics
VAL:
-1.08
^GSPC:
1.98
VAL:
-1.61
^GSPC:
2.65
VAL:
0.82
^GSPC:
1.37
VAL:
-0.86
^GSPC:
2.93
VAL:
-1.83
^GSPC:
12.73
VAL:
22.96%
^GSPC:
1.95%
VAL:
38.87%
^GSPC:
12.59%
VAL:
-48.84%
^GSPC:
-56.78%
VAL:
-48.69%
^GSPC:
-1.96%
Returns By Period
In the year-to-date period, VAL achieves a -40.15% return, which is significantly lower than ^GSPC's 25.18% return.
VAL
-40.15%
-9.94%
-44.91%
-40.85%
N/A
N/A
^GSPC
25.18%
-0.47%
9.35%
24.83%
13.03%
11.14%
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Risk-Adjusted Performance
VAL vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Valaris Limited (VAL) 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
VAL vs. ^GSPC - Drawdown Comparison
The maximum VAL drawdown since its inception was -48.84%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for VAL and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
VAL vs. ^GSPC - Volatility Comparison
Valaris Limited (VAL) has a higher volatility of 11.83% compared to S&P 500 (^GSPC) at 4.07%. This indicates that VAL'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.