AMZN vs SPY comparison¶
AMZN vs SPY performance comment¶
Market Performance Metrics Overview¶
| Metric | AMZN | SPY |
|---|---|---|
| High | 158.51 | 488.77 |
| Low | 144.05 | 466.43 |
| Close | 156.87 | 485.39 |
| Start Price | 149.93 | 472.65 |
| Gain % | 4.63% | 2.70% |
| Annualized Gain % | 70.40% | 40.99% |
| Annualized Volatility % | 21.27% | 10.06% |
| Max Drawdown % | -3.57% | -1.14% |
| Sharpe Ratio | 3.68 | 4.49 |
The Annualized Gain % metric shows the annual return on an investment over a period of time. Both AMZN and SPY have favorable annualized gains, with SPY showing a slightly lower annualized gain compared to AMZN.
The Annualized Volatility % measures the risk of the investment. Both markets have volatility, with AMZN demonstrating higher volatility compared to SPY. Investors with a lower risk tolerance may prefer the stability offered by SPY.
The Sharpe Ratio measures the risk-adjusted return. Both markets have positive Sharpe ratios, indicating that the returns are favorable given the level of risk. SPY has a higher Sharpe ratio, suggesting that it may offer better risk-adjusted returns compared to AMZN.
Market Insights¶
AMZN (Amazon)¶
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Amazon's stock (AMZN) showed a Gain % of 4.63% over the 60-day period, with a Start Price of 149.93.
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The stock exhibited an Annualized Gain % of 70.40%, indicating strong potential for long-term returns for investors.
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However, the Annualized Volatility % of 21.27% indicates relatively high risk associated with AMZN, which may be a consideration for risk-averse investors.
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The Max Drawdown % of -3.57% reflects the maximum observed loss from a peak to a trough.
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The Sharpe Ratio of 3.68 suggests that the risk-adjusted return for AMZN is favorable.
SPY (S&P 500 ETF)¶
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The S&P 500 ETF (SPY) exhibited a Gain % of 2.70%, with a Start Price of 472.65.
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SPY demonstrated an Annualized Gain % of 40.99%, providing a moderate level of potential return for investors.
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With an Annualized Volatility % of 10.06%, SPY offers a lower-risk investment compared to AMZN, which may be suitable for more conservative investors.
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The Max Drawdown % for SPY was -1.14%, indicating a relatively smaller observed loss compared to AMZN.
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The Sharpe Ratio of 4.49 indicates that SPY may offer better risk-adjusted returns compared to AMZN.
Overall, both AMZN and SPY showed positive performance over the 60-day period, with SPY demonstrating lower risk and potentially better risk-adjusted returns compared to AMZN. Investors should consider their risk tolerance and investment objectives when evaluating these market options.
AMZN YTD Return (Daily)¶
Comment on YTD Total Returns Results of AMZN¶
Historical Performance Analysis¶
The YTD open for AMZN was 151.54, with a YTD close of 156.87. This represents a YTD gain of 4.63%. The YTD annualized gain is 70.40%, and the YTD annualized volatility is 21.27%. The YTD max drawdown is -3.57%, and the YTD Sharpe ratio is 3.68. For the last year, the annualized gain was 77.04%, with an annualized volatility of 33.03%. The max drawdown for the last year was -19.64%, and the Sharpe ratio was 1.92. The historical annualized volatility (excluding the current year) is 50.04%, with a historical annualized gain of 27.04%. The max drawdown in data (excluding the current year) is -93.32%, and the average Sharpe ratio for all years (excluding last) is 0.54.
Current Performance Analysis¶
The current last 5 days gain is 2.68%, and the current MA 200 is at 131.89. The current MA 50 stands at 149.28, with the current MA 5 at 155.30. The current average annualized volatility is 19.59%, and the average annualized volatility a month ago was 18.84%.
Market Commentary¶
AMZN has shown a consistent upward trend in its YTD open to YTD close performance, with a solid YTD annualized gain and a relatively low YTD volatility. The YTD Sharpe ratio indicates a high level of risk-adjusted return for the current year. Additionally, the last year max drawdown of -19.64% suggests some potential risk, although the historical annualized volatility has been significantly higher at 50.04%. Currently, the last 5 days gain and the current MA values indicate a positive short-term trend, with the stock price above both the MA 50 and MA 200, which could suggest continued bullish momentum. However, investors should continue to monitor the evolving market conditions to make informed decisions. Overall, the data reflects a strong performance for AMZN, with moderate levels of risk based on the YTD volatility and Sharpe ratio. However, continuous monitoring of the current average annualized volatility and its comparison to the average annualized volatility a month ago is crucial for assessing the evolving market conditions and potential risks.
AMZN Annual Dividends¶
No dividends.
Published: 2024-01-25
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