AVAX-USD vs. LINK-USD
Compare and contrast key facts about Avalanche (AVAX-USD) and ChainLink (LINK-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVAX-USD or LINK-USD.
Performance
AVAX-USD vs. LINK-USD - Performance Comparison
Returns By Period
In the year-to-date period, AVAX-USD achieves a -11.08% return, which is significantly lower than LINK-USD's -2.01% return.
AVAX-USD
-11.08%
18.45%
-16.74%
64.29%
N/A
N/A
LINK-USD
-2.01%
22.43%
-12.48%
1.25%
41.87%
N/A
Key characteristics
| AVAX-USD | LINK-USD | |
|---|---|---|
| Sharpe Ratio | -0.57 | -0.49 |
| Sortino Ratio | -0.52 | -0.34 |
| Omega Ratio | 0.95 | 0.97 |
| Calmar Ratio | 0.02 | 0.04 |
| Martin Ratio | -1.01 | -1.06 |
| Ulcer Index | 50.10% | 36.90% |
| Daily Std Dev | 76.48% | 65.35% |
| Max Drawdown | -93.48% | -90.17% |
| Current Drawdown | -74.56% | -71.89% |
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Correlation
The correlation between AVAX-USD and LINK-USD is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
AVAX-USD vs. LINK-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avalanche (AVAX-USD) and ChainLink (LINK-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
AVAX-USD vs. LINK-USD - Drawdown Comparison
The maximum AVAX-USD drawdown since its inception was -93.48%, roughly equal to the maximum LINK-USD drawdown of -90.17%. Use the drawdown chart below to compare losses from any high point for AVAX-USD and LINK-USD. For additional features, visit the drawdowns tool.
Volatility
AVAX-USD vs. LINK-USD - Volatility Comparison
The current volatility for Avalanche (AVAX-USD) is 26.58%, while ChainLink (LINK-USD) has a volatility of 28.45%. This indicates that AVAX-USD experiences smaller price fluctuations and is considered to be less risky than LINK-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.