ARBK vs. BTC-USD
Compare and contrast key facts about Argo Blockchain plc (ARBK) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARBK or BTC-USD.
Correlation
The correlation between ARBK and BTC-USD is 0.36, 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
ARBK vs. BTC-USD - Performance Comparison
Key characteristics
ARBK:
-0.73
BTC-USD:
2.03
ARBK:
-1.21
BTC-USD:
2.63
ARBK:
0.87
BTC-USD:
1.27
ARBK:
-0.76
BTC-USD:
1.83
ARBK:
-1.51
BTC-USD:
9.11
ARBK:
49.52%
BTC-USD:
11.34%
ARBK:
101.86%
BTC-USD:
42.81%
ARBK:
-98.48%
BTC-USD:
-93.07%
ARBK:
-98.07%
BTC-USD:
-11.50%
Returns By Period
In the year-to-date period, ARBK achieves a -29.73% return, which is significantly lower than BTC-USD's 0.55% return.
ARBK
-29.73%
2.24%
-64.55%
-73.88%
N/A
N/A
BTC-USD
0.55%
8.10%
40.97%
45.69%
65.05%
82.80%
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Risk-Adjusted Performance
ARBK vs. BTC-USD — Risk-Adjusted Performance Rank
ARBK
BTC-USD
ARBK vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Argo Blockchain plc (ARBK) 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
ARBK vs. BTC-USD - Drawdown Comparison
The maximum ARBK drawdown since its inception was -98.48%, 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 ARBK and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
ARBK vs. BTC-USD - Volatility Comparison
Argo Blockchain plc (ARBK) has a higher volatility of 24.29% compared to Bitcoin (BTC-USD) at 16.24%. This indicates that ARBK'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.