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Algorand USD (ALGO-USD)

Cryptocurrency · Currency in USD · Last updated Dec 8, 2022

ALGO-USDShare Price Chart


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ALGO-USDPerformance

The chart shows the growth of $10,000 invested in Algorand USD in Aug 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $3,200 for a total return of roughly -68.00%. All prices are adjusted for splits and dividends.


-40.00%-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-39.93%
0.85%
ALGO-USD (Algorand USD)
Benchmark (^GSPC)

ALGO-USDCompare to other instruments

Search for stocks, ETFs, and funds to compare with ALGO-USD

ALGO-USDReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-45.17%4.33%
6M-44.51%-5.45%
YTD-86.68%-17.46%
1Y-87.65%-14.32%
5Y-21.00%6.63%
10Y-21.00%6.63%

ALGO-USDMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-42.71%-9.06%7.00%-38.77%-27.73%-23.32%6.78%-14.14%22.13%1.90%-30.86%-10.77%
202194.39%57.28%34.16%2.62%-33.41%-5.36%-4.31%32.26%45.46%12.77%-0.89%-8.36%
202013.59%33.56%-53.39%36.75%9.58%-9.30%56.03%54.22%-31.61%-27.78%31.94%1.25%
2019-40.15%-39.58%-11.20%21.49%-19.31%

ALGO-USDSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Algorand USD Sharpe ratio is -0.89. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.80-0.60-0.40-0.20JulyAugustSeptemberOctoberNovemberDecember
-0.89
-0.68
ALGO-USD (Algorand USD)
Benchmark (^GSPC)

ALGO-USDDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
-90.66%
-17.98%
ALGO-USD (Algorand USD)
Benchmark (^GSPC)

ALGO-USDWorst Drawdowns

The table below shows the maximum drawdowns of the Algorand USD. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Algorand USD is 90.66%, recorded on Dec 7, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-90.66%Sep 13, 2021451Dec 7, 2022
-84.62%Aug 12, 2019218Mar 16, 2020326Feb 5, 2021544
-59.5%Apr 18, 202194Jul 20, 202150Sep 8, 2021144
-42.82%Feb 13, 202114Feb 26, 202150Apr 17, 202164
-14.78%Sep 10, 20212Sep 11, 20211Sep 12, 20213
-2.78%Feb 6, 20211Feb 6, 20211Feb 7, 20212
-0.35%Feb 10, 20211Feb 10, 20211Feb 11, 20212

ALGO-USDVolatility Chart

Current Algorand USD volatility is 44.59%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
44.59%
21.50%
ALGO-USD (Algorand USD)
Benchmark (^GSPC)