ALGO-USD vs. SHIB-USD

In the year-to-date period, ALGO-USD achieves a -6.26% return, which is significantly higher than SHIB-USD's -20.41% return.

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This table presents a comparison of risk-adjusted performance metrics for Algorand (ALGO-USD) and Shiba Inu (SHIB-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 ALGO-USD Sharpe Ratio is 0.87, which is higher than the SHIB-USD Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of ALGO-USD and SHIB-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.

The maximum ALGO-USD drawdown since its inception was -96.27%, roughly equal to the maximum SHIB-USD drawdown of -92.10%. Use the drawdown chart below to compare losses from any high point for ALGO-USD and SHIB-USD. For additional features, visit the drawdowns tool.

Algorand (ALGO-USD) has a higher volatility of 36.50% compared to Shiba Inu (SHIB-USD) at 28.08%. This indicates that ALGO-USD's price experiences larger fluctuations and is considered to be riskier than SHIB-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.