PortfoliosLab logo
ADA-USD vs. NEAR-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ADA-USD and NEAR-USD is 0.35, 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

The chart below illustrates the hypothetical performance of a $10,000 investment in Cardano (ADA-USD) and NEAR Protocol (NEAR-USD). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

ADA-USD:

0.59

NEAR-USD:

-0.62

Sortino Ratio

ADA-USD:

2.91

NEAR-USD:

-0.01

Omega Ratio

ADA-USD:

1.31

NEAR-USD:

1.00

Calmar Ratio

ADA-USD:

1.53

NEAR-USD:

0.00

Martin Ratio

ADA-USD:

7.72

NEAR-USD:

-0.89

Ulcer Index

ADA-USD:

28.72%

NEAR-USD:

44.68%

Daily Std Dev

ADA-USD:

95.48%

NEAR-USD:

82.11%

Max Drawdown

ADA-USD:

-97.85%

NEAR-USD:

-95.13%

Current Drawdown

ADA-USD:

-73.80%

NEAR-USD:

-85.69%

Returns By Period

In the year-to-date period, ADA-USD achieves a -7.83% return, which is significantly higher than NEAR-USD's -40.85% return.


ADA-USD

YTD

-7.83%

1M

27.62%

6M

57.53%

1Y

73.50%

5Y*

74.52%

10Y*

N/A

NEAR-USD

YTD

-40.85%

1M

44.66%

6M

-37.45%

1Y

-60.01%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

ADA-USD vs. NEAR-USD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADA-USD
The Risk-Adjusted Performance Rank of ADA-USD is 8989
Overall Rank
The Sharpe Ratio Rank of ADA-USD is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of ADA-USD is 9191
Sortino Ratio Rank
The Omega Ratio Rank of ADA-USD is 8989
Omega Ratio Rank
The Calmar Ratio Rank of ADA-USD is 9292
Calmar Ratio Rank
The Martin Ratio Rank of ADA-USD is 8989
Martin Ratio Rank

NEAR-USD
The Risk-Adjusted Performance Rank of NEAR-USD is 1313
Overall Rank
The Sharpe Ratio Rank of NEAR-USD is 1111
Sharpe Ratio Rank
The Sortino Ratio Rank of NEAR-USD is 1515
Sortino Ratio Rank
The Omega Ratio Rank of NEAR-USD is 1515
Omega Ratio Rank
The Calmar Ratio Rank of NEAR-USD is 1010
Calmar Ratio Rank
The Martin Ratio Rank of NEAR-USD is 1616
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current ADA-USD Sharpe Ratio is 0.59, which is higher than the NEAR-USD Sharpe Ratio of -0.62. The chart below compares the historical Sharpe Ratios of ADA-USD and NEAR-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

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.


Loading data...

Volatility

ADA-USD vs. NEAR-USD - Volatility Comparison

The current volatility for Cardano (ADA-USD) is 19.91%, while NEAR Protocol (NEAR-USD) has a volatility of 26.85%. 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.


Loading data...