Stock vs. Benchmark Comparison
Data updated: 2025-06-23 11:15 UTC
联合航空 (UAL)
标普500 (SPY)
📈 Cumulative Return
49.80%
vs Benchmark 9.73%
📊 Volatility (Ann.)
57.3%
Benchmark 20.5%
⚠️ Alert: Stock volatility exceeds benchmark by over 15%. Monitor risk.
*
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
63.87%
Beta
1.92
Ann. Alpha
41.48%
Information Ratio
1.40
Key Insights
- During the analysis period, the stock outperformed the benchmark index, with a total excess return of 44.99%.
- The stock demonstrated positive stock selection ability, with an annualized Alpha of 41.48%.
- A high Beta value (1.92) indicates the stock is more sensitive to market changes and has higher volatility.
- The stock's volatility is significantly higher than the benchmark, indicating higher risk.
- A high Information Ratio (1.40) suggests the stock outperformed the benchmark on a risk-adjusted basis.
Price Comparison
Return Comparison
Excess Return
Return Metrics
Metric
UAL
SPY
Excess/Diff.
Total Return
49.80%
9.73%
40.07%
Annualized Return
75.94%
12.06%
63.87%
Risk Metrics
Metric
UAL
SPY
Ratio/Diff.
Annualized Volatility
57.28%
20.49%
2.80x
Max Drawdown
49.19%
18.76%
2.62x
Sharpe Ratio
1.27
0.44
0.83
Relative Performance Metrics
Metric
Value
Interpretation
Evaluation
Beta
1.92
Higher than market
High Volatility
Annualized Alpha
41.48%
Positive Alpha
Good
Information Ratio
1.40
High IR
Excellent
Correlation Coeff.
0.69
Moderately Correlated
Clear Link
R-Squared
47.00%
Low Explanatory Power
Idiosyncratic Risk
Market Capture Ratios
Metric
Value
Interpretation
Up Capture Ratio
184.48%
Outperforms in up markets
Down Capture Ratio
147.34%
Falls more than market