APLD vs. BTC-USD
Compare and contrast key facts about Applied Digital Corporation (APLD) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: APLD or BTC-USD.
Performance
APLD vs. BTC-USD - Performance Comparison
Returns By Period
In the year-to-date period, APLD achieves a 14.99% return, which is significantly lower than BTC-USD's 114.23% return. Over the past 10 years, APLD has outperformed BTC-USD with an annualized return of 117.97%, while BTC-USD has yielded a comparatively lower 74.25% annualized return.
APLD
14.99%
-5.26%
69.21%
91.83%
242.96%
117.97%
BTC-USD
114.23%
32.44%
26.72%
142.18%
62.35%
74.25%
Key characteristics
| APLD | BTC-USD | |
|---|---|---|
| Sharpe Ratio | 0.62 | 0.72 |
| Sortino Ratio | 1.89 | 1.39 |
| Omega Ratio | 1.21 | 1.13 |
| Calmar Ratio | 0.83 | 0.53 |
| Martin Ratio | 1.98 | 2.96 |
| Ulcer Index | 41.01% | 13.19% |
| Daily Std Dev | 131.83% | 44.25% |
| Max Drawdown | -99.99% | -93.07% |
| Current Drawdown | -92.78% | -0.57% |
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Correlation
The correlation between APLD and BTC-USD is 0.08, 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.
Risk-Adjusted Performance
APLD vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) 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.
Drawdowns
APLD vs. BTC-USD - Drawdown Comparison
The maximum APLD drawdown since its inception was -99.99%, which is greater than BTC-USD's maximum drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for APLD and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
APLD vs. BTC-USD - Volatility Comparison
Applied Digital Corporation (APLD) has a higher volatility of 27.58% compared to Bitcoin (BTC-USD) at 16.83%. This indicates that APLD's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.