ADA-USD vs. NEAR-USD
Compare and contrast key facts about Cardano (ADA-USD) and NEAR Protocol (NEAR-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADA-USD or NEAR-USD.
Correlation
The correlation between ADA-USD and NEAR-USD is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ADA-USD vs. NEAR-USD - Performance Comparison
Key characteristics
ADA-USD:
1.44
NEAR-USD:
-0.54
ADA-USD:
2.72
NEAR-USD:
-0.39
ADA-USD:
1.29
NEAR-USD:
0.96
ADA-USD:
1.25
NEAR-USD:
0.00
ADA-USD:
7.00
NEAR-USD:
-1.28
ADA-USD:
26.96%
NEAR-USD:
41.67%
ADA-USD:
94.89%
NEAR-USD:
81.63%
ADA-USD:
-97.85%
NEAR-USD:
-95.13%
ADA-USD:
-76.50%
NEAR-USD:
-87.81%
Returns By Period
In the year-to-date period, ADA-USD achieves a -17.33% return, which is significantly higher than NEAR-USD's -49.62% return.
ADA-USD
-17.33%
-6.39%
101.43%
46.88%
75.13%
N/A
NEAR-USD
-49.62%
-18.41%
-47.61%
-64.09%
N/A
N/A
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Risk-Adjusted Performance
ADA-USD vs. NEAR-USD — Risk-Adjusted Performance Rank
ADA-USD
NEAR-USD
ADA-USD vs. NEAR-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cardano (ADA-USD) and NEAR Protocol (NEAR-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. NEAR-USD - Drawdown Comparison
The maximum ADA-USD drawdown since its inception was -97.85%, roughly equal to the maximum NEAR-USD drawdown of -95.13%. Use the drawdown chart below to compare losses from any high point for ADA-USD and NEAR-USD. For additional features, visit the drawdowns tool.
Volatility
ADA-USD vs. NEAR-USD - Volatility Comparison
The current volatility for Cardano (ADA-USD) is 25.31%, while NEAR Protocol (NEAR-USD) has a volatility of 29.98%. This indicates that ADA-USD experiences smaller price fluctuations and is considered to be less risky than NEAR-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.