Dogecoin (DOGE-USD)
Dogecoin is a cryptocurrency created in 2013 as a parody of the popular cryptocurrency Bitcoin. It was initially intended to be a joke and was named after the Shiba Inu dog breed, which became famous as an internet meme. Despite its origins, Dogecoin has gained a significant following and is now used as a means of exchange for goods and services online. Dogecoin has a short block time and low transaction fees, making it a popular choice for small transactions. It has a finite supply of coins and is not backed by any physical asset. Dogecoin is considered a high-risk investment due to its volatile price and the fact that it is not widely accepted as a form of payment.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Dogecoin, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Dogecoin had a return of 276.57% year-to-date (YTD) and 256.73% in the last 12 months. Over the past 10 years, Dogecoin had an annualized return of 112.00%, outperforming the S&P 500 benchmark which had an annualized return of 11.23%.
DOGE-USD
276.57%
-21.62%
167.08%
256.73%
177.95%
112.00%
^GSPC (Benchmark)
26.63%
1.18%
10.44%
27.03%
13.30%
11.23%
Monthly Returns
The table below presents the monthly returns of DOGE-USD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -11.97% | 48.78% | 87.79% | -39.41% | 19.36% | -21.89% | -1.84% | -16.95% | 12.92% | 41.03% | 161.49% | 276.57% | |
2023 | 36.81% | -16.03% | -4.60% | 3.55% | -10.17% | -7.23% | 17.06% | -18.03% | -2.58% | 9.87% | 22.17% | 7.26% | 27.28% |
2022 | -17.01% | -6.04% | 3.42% | -7.45% | -32.69% | -23.04% | 3.31% | -10.17% | 0.53% | 106.03% | -15.88% | -34.22% | -58.87% |
2021 | 702.68% | 27.51% | 12.00% | 534.62% | -4.96% | -21.64% | -18.26% | 34.09% | -26.91% | 37.04% | -23.26% | -20.50% | 3,528.65% |
2020 | 18.26% | -6.87% | -18.32% | 33.70% | 4.71% | -8.93% | 39.04% | 0.11% | -18.06% | -2.63% | 38.79% | 31.83% | 133.07% |
2019 | -18.71% | 2.20% | 6.26% | 21.28% | 35.72% | -6.87% | -4.02% | -18.72% | -4.15% | 10.20% | -11.00% | -13.37% | -14.03% |
2018 | -33.01% | 0.13% | -53.15% | 84.81% | -34.78% | -26.45% | 19.27% | 62.59% | 22.33% | -35.13% | -44.34% | 9.78% | -73.80% |
2017 | -7.97% | -0.34% | 60.07% | 127.45% | 256.01% | -2.08% | -33.95% | 20.08% | -44.50% | -1.83% | 84.94% | 331.50% | 3,914.67% |
2016 | 83.45% | -9.86% | -6.73% | -3.17% | 2.55% | 31.56% | -24.26% | 2.00% | -0.05% | -6.25% | -2.75% | 4.33% | 47.98% |
2015 | -25.45% | 4.18% | -13.34% | -17.62% | 48.54% | 29.33% | -7.33% | -29.99% | -4.52% | 11.34% | -6.30% | 17.56% | -19.08% |
2014 | 269.51% | -31.33% | -52.85% | -0.80% | -32.35% | -21.36% | -21.49% | -37.42% | 204.99% | -40.88% | 2.49% | -22.91% | -55.81% |
2013 | 41.75% | 41.75% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 85, DOGE-USD is among the top 15% of cryptocurrencies on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Dogecoin (DOGE-USD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Dogecoin. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Dogecoin was 95.27%, occurring on May 6, 2015. Recovery took 745 trading sessions.
The current Dogecoin drawdown is 51.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-95.27% | Jan 26, 2014 | 466 | May 6, 2015 | 745 | May 20, 2017 | 1211 |
-92.36% | May 8, 2021 | 407 | Jun 18, 2022 | — | — | — |
-91.27% | Jan 8, 2018 | 795 | Mar 12, 2020 | 322 | Jan 28, 2021 | 1117 |
-80.68% | Dec 20, 2013 | 19 | Jan 7, 2014 | 13 | Jan 20, 2014 | 32 |
-80.5% | Jun 6, 2017 | 108 | Sep 21, 2017 | 86 | Dec 16, 2017 | 194 |
Volatility
Volatility Chart
The current Dogecoin volatility is 27.32%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.