NVDA vs SPX Performance

plot the performance of S&P500 and NVIDIA since ChatGPT was released

The performance analysis for NVIDIA (NVDA) and the S&P 500 Index (SPX) since the release of ChatGPT in November 2022 until November 21, 2023, shows the following results:

NVIDIA (NVDA)

• Annualized Excess Return: 225.54%
• Annualized Volatility: 52.73%
• Sharpe Ratio: 2.51
• Max Drawdown: -22.33%
• Total Return: 264.23%

S&P 500 Index (SPX)

• Annualized Excess Return: 10.60%
• Annualized Volatility: 15.50%
• Sharpe Ratio: 0.73
• Max Drawdown: -10.28%
• Total Return: 17.06%

These figures indicate a significantly higher return and volatility for NVIDIA compared to the S&P 500 Index, with NVIDIA showing a much larger total return percentage.

Here is the plot showing their performance over the specified period:

Please note that these results are based solely on the user request and do not constitute trading advice. Past performance is not indicative of future results.

can you show performance for both during this time period normalized to 1000?

The performance of NVIDIA (NVDA) and the S&P 500 Index (SPX) from November 1, 2022, to November 21, 2023, normalized to a starting value of 1000, shows the following results:

Cumulative Returns Rebased to 1000

• NVIDIA (NVDA)

  • Starting Value (2022-11-01): 1000
  • Ending Value (2023-11-20): 3642.25
  • Total Return: 264.23%

• S&P 500 Index (SPX)

  • Starting Value (2022-11-01): 1000
  • Ending Value (2023-11-21): 1170.62
  • Total Return: 17.06%

This analysis illustrates a significant outperformance by NVIDIA compared to the S&P 500 Index over the specified period, with NVIDIA's ending value more than tripling from the normalized starting value.

Here is the plot showing their cumulative returns over this period:

Please remember that this analysis is based on historical data and does not constitute trading advice. Past performance is not indicative of future results.