ATOM vs. BTC-USD
Compare and contrast key facts about Atomera Incorporated (ATOM) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ATOM or BTC-USD.
Correlation
The correlation between ATOM and BTC-USD is 0.11, 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
ATOM vs. BTC-USD - Performance Comparison
Key characteristics
ATOM:
-0.23
BTC-USD:
1.21
ATOM:
0.48
BTC-USD:
1.92
ATOM:
1.06
BTC-USD:
1.19
ATOM:
-0.27
BTC-USD:
0.94
ATOM:
-0.63
BTC-USD:
6.13
ATOM:
41.26%
BTC-USD:
9.71%
ATOM:
114.61%
BTC-USD:
43.78%
ATOM:
-94.73%
BTC-USD:
-93.07%
ATOM:
-86.85%
BTC-USD:
-9.39%
Returns By Period
In the year-to-date period, ATOM achieves a -47.33% return, which is significantly lower than BTC-USD's 2.94% return.
ATOM
-47.33%
-29.28%
109.97%
-13.82%
6.91%
N/A
BTC-USD
2.94%
-7.93%
64.45%
86.16%
56.82%
82.07%
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Risk-Adjusted Performance
ATOM vs. BTC-USD — Risk-Adjusted Performance Rank
ATOM
BTC-USD
ATOM vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Atomera Incorporated (ATOM) 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
ATOM vs. BTC-USD - Drawdown Comparison
The maximum ATOM drawdown since its inception was -94.73%, roughly equal to the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for ATOM and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
ATOM vs. BTC-USD - Volatility Comparison
Atomera Incorporated (ATOM) has a higher volatility of 64.53% compared to Bitcoin (BTC-USD) at 10.22%. This indicates that ATOM'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.