Stock vs. Benchmark Comparison
Data updated: 2025-05-06 12:33 UTC
联合航空 (UAL)
标普500 (SPY)
📈 Cumulative Return
44.85%
vs Benchmark 13.00%
📊 Volatility (Ann.)
55.3%
Benchmark 20.0%
⚠️ Alert: Stock volatility exceeds benchmark by over 15%. Monitor risk.
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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
52.89%
Beta
1.87
Ann. Alpha
28.82%
Information Ratio
1.20
Key Insights
- During the analysis period, the stock outperformed the benchmark index, with a total excess return of 37.65%.
- The stock demonstrated positive stock selection ability, with an annualized Alpha of 28.82%.
- A high Beta value (1.87) 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 (1.20) 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
44.85%
13.00%
31.85%
Annualized Return
68.21%
15.32%
52.89%
Risk Metrics
Metric
UAL
SPY
Ratio/Diff.
Annualized Volatility
55.28%
20.05%
2.76x
Max Drawdown
49.19%
18.76%
2.62x
Sharpe Ratio
1.18
0.61
0.57
Relative Performance Metrics
Metric
Value
Interpretation
Evaluation
Beta
1.87
Higher than market
High Volatility
Annualized Alpha
28.82%
Positive Alpha
Good
Information Ratio
1.20
High IR
Excellent
Correlation Coeff.
0.68
Moderately Correlated
Clear Link
R-Squared
46.21%
Low Explanatory Power
Idiosyncratic Risk
Market Capture Ratios
Metric
Value
Interpretation
Up Capture Ratio
157.24%
Outperforms in up markets
Down Capture Ratio
124.57%
Falls more than market