ALGO-USD vs. CMG
Compare and contrast key facts about Algorand (ALGO-USD) and Chipotle Mexican Grill, Inc. (CMG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALGO-USD or CMG.
Key characteristics
| ALGO-USD | CMG | |
|---|---|---|
| YTD Return | -43.04% | 21.93% |
| 1Y Return | 26.16% | 46.53% |
| 3Y Return (Ann) | -50.20% | 13.30% |
| 5Y Return (Ann) | -21.49% | 27.27% |
| Sharpe Ratio | -0.57 | 1.76 |
| Daily Std Dev | 66.48% | 26.66% |
| Max Drawdown | -96.27% | -74.61% |
| Current Drawdown | -94.65% | -18.65% |
Correlation
The correlation between ALGO-USD and CMG is 0.17, 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
ALGO-USD vs. CMG - Performance Comparison
In the year-to-date period, ALGO-USD achieves a -43.04% return, which is significantly lower than CMG's 21.93% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
ALGO-USD vs. CMG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Algorand (ALGO-USD) and Chipotle Mexican Grill, Inc. (CMG). 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
ALGO-USD vs. CMG - Drawdown Comparison
The maximum ALGO-USD drawdown since its inception was -96.27%, which is greater than CMG's maximum drawdown of -74.61%. Use the drawdown chart below to compare losses from any high point for ALGO-USD and CMG. For additional features, visit the drawdowns tool.
Volatility
ALGO-USD vs. CMG - Volatility Comparison
Algorand (ALGO-USD) has a higher volatility of 21.95% compared to Chipotle Mexican Grill, Inc. (CMG) at 12.71%. This indicates that ALGO-USD's price experiences larger fluctuations and is considered to be riskier than CMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.