ATOM vs. XRP-USD
Compare and contrast key facts about Atomera Incorporated (ATOM) and Ripple (XRP-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ATOM or XRP-USD.
Key characteristics
ATOM | XRP-USD | |
---|---|---|
YTD Return | -29.67% | -16.18% |
1Y Return | -37.59% | 9.13% |
3Y Return (Ann) | -33.44% | -31.33% |
5Y Return (Ann) | 14.04% | 11.09% |
Sharpe Ratio | -0.38 | -0.04 |
Daily Std Dev | 74.93% | 77.21% |
Max Drawdown | -90.42% | -95.87% |
Current Drawdown | -89.39% | -84.74% |
Correlation
The correlation between ATOM and XRP-USD is 0.09, 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. XRP-USD - Performance Comparison
In the year-to-date period, ATOM achieves a -29.67% return, which is significantly lower than XRP-USD's -16.18% 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
ATOM vs. XRP-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Atomera Incorporated (ATOM) and Ripple (XRP-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. XRP-USD - Drawdown Comparison
The maximum ATOM drawdown since its inception was -90.42%, smaller than the maximum XRP-USD drawdown of -95.87%. Use the drawdown chart below to compare losses from any high point for ATOM and XRP-USD. For additional features, visit the drawdowns tool.
Volatility
ATOM vs. XRP-USD - Volatility Comparison
Atomera Incorporated (ATOM) has a higher volatility of 28.45% compared to Ripple (XRP-USD) at 21.28%. This indicates that ATOM's price experiences larger fluctuations and is considered to be riskier than XRP-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.