Stock vs. Benchmark Comparison
Data updated: 2025-06-23 11:24 UTC
AT&T (T)
标普500 (SPY)
Cumulative Return
61.83%
vs Benchmark 9.73%
Volatility (Ann.)
23.2%
Benchmark 20.5%
*
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
54.50%
Beta
0.07
Ann. Alpha
65.16%
Information Ratio
1.82
Key Insights
- During the analysis period, the stock outperformed the benchmark index, with a total excess return of 39.52%.
- The stock demonstrated positive stock selection ability, with an annualized Alpha of 65.16%.
- A low Beta value (0.07) 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 (1.82) 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
61.83%
9.73%
52.10%
Annualized Return
66.56%
12.06%
54.50%
Risk Metrics
Metric
T
SPY
Ratio/Diff.
Annualized Volatility
23.23%
20.49%
1.13x
Max Drawdown
8.57%
18.76%
0.46x
Sharpe Ratio
2.74
0.44
2.29
Relative Performance Metrics
Metric
Value
Interpretation
Evaluation
Beta
0.07
Lower than market
Low Volatility
Annualized Alpha
65.16%
Positive Alpha
Good
Information Ratio
1.82
High IR
Excellent
Correlation Coeff.
0.07
Weakly Correlated
Weak Link
R-Squared
0.43%
Low Explanatory Power
Idiosyncratic Risk
Market Capture Ratios
Metric
Value
Interpretation
Up Capture Ratio
29.76%
Captures part of up moves
Down Capture Ratio
-20.06%
Rises when market falls