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BCH-USD vs. LINK-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between BCH-USD and LINK-USD is 0.60, 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.


-0.50.00.51.00.6

Performance

BCH-USD vs. LINK-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitcoin Cash (BCH-USD) and ChainLink (LINK-USD). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
17.22%
68.55%
BCH-USD
LINK-USD

Key characteristics

Sharpe Ratio

BCH-USD:

-0.29

LINK-USD:

0.92

Sortino Ratio

BCH-USD:

0.09

LINK-USD:

1.90

Omega Ratio

BCH-USD:

1.01

LINK-USD:

1.18

Calmar Ratio

BCH-USD:

0.00

LINK-USD:

0.50

Martin Ratio

BCH-USD:

-0.83

LINK-USD:

2.96

Ulcer Index

BCH-USD:

26.85%

LINK-USD:

29.49%

Daily Std Dev

BCH-USD:

84.63%

LINK-USD:

75.15%

Max Drawdown

BCH-USD:

-98.03%

LINK-USD:

-90.17%

Current Drawdown

BCH-USD:

-88.56%

LINK-USD:

-55.16%

Returns By Period

In the year-to-date period, BCH-USD achieves a 73.14% return, which is significantly higher than LINK-USD's 56.32% return.


BCH-USD

YTD

73.14%

1M

1.94%

6M

17.24%

1Y

92.50%

5Y*

17.95%

10Y*

N/A

LINK-USD

YTD

56.32%

1M

63.99%

6M

68.55%

1Y

52.84%

5Y*

64.47%

10Y*

N/A

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Risk-Adjusted Performance

BCH-USD vs. LINK-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitcoin Cash (BCH-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.


Sharpe ratio
The chart of Sharpe ratio for BCH-USD, currently valued at -0.29, compared to the broader market0.001.002.003.004.005.00-0.290.92
The chart of Sortino ratio for BCH-USD, currently valued at 0.09, compared to the broader market-1.000.001.002.003.004.000.091.90
The chart of Omega ratio for BCH-USD, currently valued at 1.01, compared to the broader market0.901.001.101.201.301.401.501.011.18
The chart of Calmar ratio for BCH-USD, currently valued at 0.00, compared to the broader market1.002.003.004.000.000.50
The chart of Martin ratio for BCH-USD, currently valued at -0.83, compared to the broader market0.0010.0020.0030.0040.00-0.832.96
BCH-USD
LINK-USD

The current BCH-USD Sharpe Ratio is -0.29, which is lower than the LINK-USD Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of BCH-USD and LINK-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
-0.29
0.92
BCH-USD
LINK-USD

Drawdowns

BCH-USD vs. LINK-USD - Drawdown Comparison

The maximum BCH-USD drawdown since its inception was -98.03%, which is greater than LINK-USD's maximum drawdown of -90.17%. Use the drawdown chart below to compare losses from any high point for BCH-USD and LINK-USD. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%JulyAugustSeptemberOctoberNovemberDecember
-88.56%
-55.16%
BCH-USD
LINK-USD

Volatility

BCH-USD vs. LINK-USD - Volatility Comparison

The current volatility for Bitcoin Cash (BCH-USD) is 26.64%, while ChainLink (LINK-USD) has a volatility of 46.13%. This indicates that BCH-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.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
26.64%
46.13%
BCH-USD
LINK-USD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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