AUD=X vs. DNN
Compare and contrast key facts about USD/AUD (AUD=X) and Denison Mines Corp. (DNN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AUD=X or DNN.
Key characteristics
| AUD=X | DNN | |
|---|---|---|
| YTD Return | 3.42% | 15.25% |
| 1Y Return | -3.34% | 29.94% |
| 3Y Return (Ann) | 3.39% | -1.28% |
| 5Y Return (Ann) | 0.75% | 34.77% |
| 10Y Return (Ann) | 2.63% | 5.64% |
| Sharpe Ratio | 0.02 | 0.65 |
| Sortino Ratio | 0.09 | 1.28 |
| Omega Ratio | 1.01 | 1.15 |
| Calmar Ratio | 0.01 | 0.41 |
| Martin Ratio | 0.05 | 2.05 |
| Ulcer Index | 3.56% | 17.09% |
| Daily Std Dev | 7.86% | 54.40% |
| Max Drawdown | -56.54% | -98.06% |
| Current Drawdown | -27.23% | -80.19% |
Correlation
The correlation between AUD=X and DNN is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
AUD=X vs. DNN - Performance Comparison
In the year-to-date period, AUD=X achieves a 3.42% return, which is significantly lower than DNN's 15.25% return. Over the past 10 years, AUD=X has underperformed DNN with an annualized return of 2.63%, while DNN has yielded a comparatively higher 5.64% annualized 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
AUD=X vs. DNN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/AUD (AUD=X) and Denison Mines Corp. (DNN). 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
AUD=X vs. DNN - Drawdown Comparison
The maximum AUD=X drawdown since its inception was -56.54%, smaller than the maximum DNN drawdown of -98.06%. Use the drawdown chart below to compare losses from any high point for AUD=X and DNN. For additional features, visit the drawdowns tool.
Volatility
AUD=X vs. DNN - Volatility Comparison
The current volatility for USD/AUD (AUD=X) is 0.28%, while Denison Mines Corp. (DNN) has a volatility of 17.49%. This indicates that AUD=X experiences smaller price fluctuations and is considered to be less risky than DNN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.