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AIE.L vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between AIE.L and BTC-USD is 0.12, 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.


-0.50.00.51.00.1

Performance

AIE.L vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ashoka India Equity Investment Trust plc (AIE.L) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
9.39%
44.17%
AIE.L
BTC-USD

Key characteristics

Sharpe Ratio

AIE.L:

1.26

BTC-USD:

1.32

Sortino Ratio

AIE.L:

1.75

BTC-USD:

2.04

Omega Ratio

AIE.L:

1.25

BTC-USD:

1.20

Calmar Ratio

AIE.L:

2.53

BTC-USD:

1.12

Martin Ratio

AIE.L:

7.29

BTC-USD:

5.84

Ulcer Index

AIE.L:

3.20%

BTC-USD:

11.61%

Daily Std Dev

AIE.L:

18.40%

BTC-USD:

44.24%

Max Drawdown

AIE.L:

-41.42%

BTC-USD:

-93.07%

Current Drawdown

AIE.L:

-0.67%

BTC-USD:

0.00%

Returns By Period

In the year-to-date period, AIE.L achieves a 21.81% return, which is significantly lower than BTC-USD's 136.41% return.


AIE.L

YTD

21.81%

1M

4.59%

6M

9.23%

1Y

23.33%

5Y (annualized)

22.19%

10Y (annualized)

N/A

BTC-USD

YTD

136.41%

1M

32.10%

6M

44.10%

1Y

130.80%

5Y (annualized)

67.56%

10Y (annualized)

75.91%

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Risk-Adjusted Performance

AIE.L vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ashoka India Equity Investment Trust plc (AIE.L) and Bitcoin (BTC-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.


Sharpe ratio
The chart of Sharpe ratio for AIE.L, currently valued at 1.30, compared to the broader market-4.00-2.000.002.004.001.301.32
The chart of Sortino ratio for AIE.L, currently valued at 1.73, compared to the broader market-4.00-2.000.002.004.001.732.04
The chart of Omega ratio for AIE.L, currently valued at 1.25, compared to the broader market0.501.001.502.001.251.20
The chart of Calmar ratio for AIE.L, currently valued at 0.66, compared to the broader market0.002.004.006.000.661.12
The chart of Martin ratio for AIE.L, currently valued at 5.98, compared to the broader market0.0010.0020.0030.005.985.84
AIE.L
BTC-USD

The current AIE.L Sharpe Ratio is 1.26, which is comparable to the BTC-USD Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of AIE.L and BTC-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.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.006.00JulyAugustSeptemberOctoberNovemberDecember
1.30
1.32
AIE.L
BTC-USD

Drawdowns

AIE.L vs. BTC-USD - Drawdown Comparison

The maximum AIE.L drawdown since its inception was -41.42%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for AIE.L and BTC-USD. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.56%
0
AIE.L
BTC-USD

Volatility

AIE.L vs. BTC-USD - Volatility Comparison

The current volatility for Ashoka India Equity Investment Trust plc (AIE.L) is 4.31%, while Bitcoin (BTC-USD) has a volatility of 15.83%. This indicates that AIE.L experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
4.31%
15.83%
AIE.L
BTC-USD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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