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.
Key characteristics
| ARBK | BTC-USD | |
|---|---|---|
| YTD Return | -60.16% | 51.05% |
| 1Y Return | 4.56% | 118.12% |
| Sharpe Ratio | 0.06 | 5.29 |
| Daily Std Dev | 141.92% | 38.52% |
| Max Drawdown | -98.14% | -93.07% |
| Current Drawdown | -92.75% | -12.65% |
Correlation
The correlation between ARBK and BTC-USD is 0.39, 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
In the year-to-date period, ARBK achieves a -60.16% return, which is significantly lower than BTC-USD's 51.05% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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 -98.14%, 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 24.26% compared to Bitcoin (BTC-USD) at 14.95%. 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.