ADA-USD vs. HBAR-USD
Compare and contrast key facts about Cardano (ADA-USD) and HederaHashgraph (HBAR-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADA-USD or HBAR-USD.
Correlation
The correlation between ADA-USD and HBAR-USD is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ADA-USD vs. HBAR-USD - Performance Comparison
Key characteristics
ADA-USD:
2.10
HBAR-USD:
3.38
ADA-USD:
2.76
HBAR-USD:
4.77
ADA-USD:
1.27
HBAR-USD:
1.46
ADA-USD:
1.13
HBAR-USD:
4.51
ADA-USD:
7.33
HBAR-USD:
10.76
ADA-USD:
23.75%
HBAR-USD:
51.71%
ADA-USD:
68.87%
HBAR-USD:
121.73%
ADA-USD:
-97.85%
HBAR-USD:
-92.80%
ADA-USD:
-68.86%
HBAR-USD:
-42.43%
Returns By Period
In the year-to-date period, ADA-USD achieves a 55.54% return, which is significantly lower than HBAR-USD's 239.23% return.
ADA-USD
55.54%
-13.32%
144.66%
55.61%
93.89%
N/A
HBAR-USD
239.23%
88.69%
275.89%
222.71%
81.42%
N/A
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Risk-Adjusted Performance
ADA-USD vs. HBAR-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cardano (ADA-USD) and HederaHashgraph (HBAR-USD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
ADA-USD vs. HBAR-USD - Drawdown Comparison
The maximum ADA-USD drawdown since its inception was -97.85%, which is greater than HBAR-USD's maximum drawdown of -92.80%. Use the drawdown chart below to compare losses from any high point for ADA-USD and HBAR-USD. For additional features, visit the drawdowns tool.
Volatility
ADA-USD vs. HBAR-USD - Volatility Comparison
The current volatility for Cardano (ADA-USD) is 29.84%, while HederaHashgraph (HBAR-USD) has a volatility of 62.21%. This indicates that ADA-USD experiences smaller price fluctuations and is considered to be less risky than HBAR-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.