Stock vs. Benchmark Comparison
Data updated: 2025-09-26 03:12 UTC
联合航空 (UAL)
标普500 (SPY)
📈 Cumulative Return
84.88%
vs Benchmark 16.58%
📊 Volatility (Ann.)
58.1%
Benchmark 19.4%
⚠️ 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
99.22%
Beta
2.04
Ann. Alpha
53.43%
Information Ratio
2.11
Key Insights
- During the analysis period, the stock outperformed the benchmark index, with a total excess return of 60.57%.
- The stock demonstrated positive stock selection ability, with an annualized Alpha of 53.43%.
- A high Beta value (2.04) 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 (2.11) 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
84.88%
16.58%
68.29%
Annualized Return
118.06%
18.85%
99.22%
Risk Metrics
Metric
UAL
SPY
Ratio/Diff.
Annualized Volatility
58.08%
19.45%
2.99x
Max Drawdown
49.19%
18.76%
2.62x
Sharpe Ratio
1.98
0.81
1.17
Relative Performance Metrics
Metric
Value
Interpretation
Evaluation
Beta
2.04
Higher than market
High Volatility
Annualized Alpha
53.43%
Positive Alpha
Good
Information Ratio
2.11
High IR
Excellent
Correlation Coeff.
0.68
Moderately Correlated
Clear Link
R-Squared
46.67%
Low Explanatory Power
Idiosyncratic Risk
Market Capture Ratios
Metric
Value
Interpretation
Up Capture Ratio
216.19%
Outperforms in up markets
Down Capture Ratio
167.61%
Falls more than market