ATOM vs. MATIC-USD
Compare and contrast key facts about Atomera Incorporated (ATOM) and Polygon USD (MATIC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ATOM or MATIC-USD.
Correlation
The correlation between ATOM and MATIC-USD is 0.13, 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. MATIC-USD - Performance Comparison
Key characteristics
ATOM:
-0.16
MATIC-USD:
-0.74
ATOM:
0.61
MATIC-USD:
-1.10
ATOM:
1.08
MATIC-USD:
0.90
ATOM:
-0.19
MATIC-USD:
0.01
ATOM:
-0.43
MATIC-USD:
-1.86
ATOM:
41.13%
MATIC-USD:
34.67%
ATOM:
114.91%
MATIC-USD:
70.90%
ATOM:
-94.73%
MATIC-USD:
-89.89%
ATOM:
-87.34%
MATIC-USD:
-89.53%
Returns By Period
In the year-to-date period, ATOM achieves a -49.31% return, which is significantly lower than MATIC-USD's -32.98% return.
ATOM
-49.31%
-31.94%
98.65%
-17.07%
4.56%
N/A
MATIC-USD
-32.98%
-31.97%
-34.65%
-69.70%
70.94%
N/A
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Risk-Adjusted Performance
ATOM vs. MATIC-USD — Risk-Adjusted Performance Rank
ATOM
MATIC-USD
ATOM vs. MATIC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Atomera Incorporated (ATOM) and Polygon USD (MATIC-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. MATIC-USD - Drawdown Comparison
The maximum ATOM drawdown since its inception was -94.73%, which is greater than MATIC-USD's maximum drawdown of -89.89%. Use the drawdown chart below to compare losses from any high point for ATOM and MATIC-USD. For additional features, visit the drawdowns tool.
Volatility
ATOM vs. MATIC-USD - Volatility Comparison
Atomera Incorporated (ATOM) has a higher volatility of 64.57% compared to Polygon USD (MATIC-USD) at 22.78%. This indicates that ATOM's price experiences larger fluctuations and is considered to be riskier than MATIC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.