Stock vs. Benchmark Comparison
Data updated: 2025-08-10 23:24 UTC
AT&T (T)
标普500 (SPY)
📈 Cumulative Return
52.69%
vs Benchmark 24.38%
📊 Volatility (Ann.)
22.6%
Benchmark 19.9%
*
Disclaimer: This analysis is based on historical data and does not constitute investment advice. Securities markets involve risk; invest cautiously. Data updated T+0.
Ann. Excess Return
29.94%
Beta
0.10
Ann. Alpha
53.22%
Information Ratio
1.04
Key Insights
- During the analysis period, the stock outperformed the benchmark index, with a total excess return of 21.12%.
- The stock demonstrated positive stock selection ability, with an annualized Alpha of 53.22%.
- A low Beta value (0.10) indicates the stock's volatility is lower than the market average.
- The stock's risk level is similar to the benchmark index.
- A high Information Ratio (1.04) suggests the stock outperformed the benchmark on a risk-adjusted basis.
Price Comparison
Return Comparison
Excess Return
Return Metrics
Metric
T
SPY
Excess/Diff.
Total Return
52.69%
24.38%
28.31%
Annualized Return
56.89%
26.95%
29.94%
Risk Metrics
Metric
T
SPY
Ratio/Diff.
Annualized Volatility
22.59%
19.93%
1.13x
Max Drawdown
8.57%
18.75%
0.46x
Sharpe Ratio
2.39
1.20
1.18
Relative Performance Metrics
Metric
Value
Interpretation
Evaluation
Beta
0.10
Lower than market
Low Volatility
Annualized Alpha
53.22%
Positive Alpha
Good
Information Ratio
1.04
High IR
Excellent
Correlation Coeff.
0.09
Weakly Correlated
Weak Link
R-Squared
0.77%
Low Explanatory Power
Idiosyncratic Risk
Market Capture Ratios
Metric
Value
Interpretation
Up Capture Ratio
34.49%
Captures part of up moves
Down Capture Ratio
-8.88%
Rises when market falls