PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
AMZN vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


AMZNBTC-USD
YTD Return18.72%67.38%
1Y Return79.93%149.55%
3Y Return (Ann)5.47%4.80%
5Y Return (Ann)15.19%48.09%
10Y Return (Ann)26.82%41.64%
Sharpe Ratio2.863.44
Daily Std Dev29.90%37.76%
Max Drawdown-94.40%-93.07%
Current Drawdown-3.32%-3.20%

Correlation

0.07
-1.001.00

The correlation between AMZN and BTC-USD is 0.07, 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

AMZN vs. BTC-USD - Performance Comparison

In the year-to-date period, AMZN achieves a 18.72% return, which is significantly lower than BTC-USD's 67.38% return. Over the past 10 years, AMZN has underperformed BTC-USD with an annualized return of 26.82%, while BTC-USD has yielded a comparatively higher 41.64% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%50,000,000.00%100,000,000.00%150,000,000.00%OctoberNovemberDecember2024FebruaryMarch
2,944.65%
142,890,128.37%
AMZN
BTC-USD

Compare stocks, funds, or ETFs


Amazon.com, Inc.

Bitcoin

Risk-Adjusted Performance

AMZN vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Amazon.com, Inc. (AMZN) 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AMZN
Amazon.com, Inc.
1.59
BTC-USD
Bitcoin
3.44

AMZN vs. BTC-USD - Sharpe Ratio Comparison

The current AMZN Sharpe Ratio is 1.59, which is lower than the BTC-USD Sharpe Ratio of 3.44. The chart below compares the 12-month rolling Sharpe Ratio of AMZN and BTC-USD.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00OctoberNovemberDecember2024FebruaryMarch
1.59
3.44
AMZN
BTC-USD

Drawdowns

AMZN vs. BTC-USD - Drawdown Comparison

The maximum AMZN drawdown since its inception was -94.40%, roughly equal to the maximum BTC-USD drawdown of -93.07%. The drawdown chart below compares losses from any high point along the way for AMZN and BTC-USD


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-3.32%
-3.20%
AMZN
BTC-USD

Volatility

AMZN vs. BTC-USD - Volatility Comparison

The current volatility for Amazon.com, Inc. (AMZN) is 4.62%, while Bitcoin (BTC-USD) has a volatility of 18.51%. This indicates that AMZN 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%OctoberNovemberDecember2024FebruaryMarch
4.62%
18.51%
AMZN
BTC-USD