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

Key characteristics


BCH-USDLINK-USD
YTD Return45.58%-8.21%
1Y Return57.42%-6.27%
3Y Return (Ann)-19.23%-26.02%
5Y Return (Ann)5.16%37.57%
Sharpe Ratio0.27-0.54
Sortino Ratio1.39-0.44
Omega Ratio1.130.96
Calmar Ratio0.100.04
Martin Ratio0.71-1.10
Ulcer Index41.34%38.46%
Daily Std Dev81.26%65.68%
Max Drawdown-98.03%-90.17%
Current Drawdown-90.38%-73.67%

Correlation

-0.50.00.51.00.6

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.

Performance

BCH-USD vs. LINK-USD - Performance Comparison

In the year-to-date period, BCH-USD achieves a 45.58% return, which is significantly higher than LINK-USD's -8.21% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-40.00%-20.00%0.00%20.00%40.00%JuneJulyAugustSeptemberOctoberNovember
-12.13%
3.14%
BCH-USD
LINK-USD

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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.


BCH-USD
Sharpe ratio
The chart of Sharpe ratio for BCH-USD, currently valued at 0.27, compared to the broader market-1.00-0.500.000.501.000.27
Sortino ratio
The chart of Sortino ratio for BCH-USD, currently valued at 1.39, compared to the broader market-2.00-1.000.001.001.39
Omega ratio
The chart of Omega ratio for BCH-USD, currently valued at 1.13, compared to the broader market0.901.001.101.201.13
Calmar ratio
The chart of Calmar ratio for BCH-USD, currently valued at 0.10, compared to the broader market0.200.400.600.10
Martin ratio
The chart of Martin ratio for BCH-USD, currently valued at 0.71, compared to the broader market0.002.004.000.71
LINK-USD
Sharpe ratio
The chart of Sharpe ratio for LINK-USD, currently valued at -0.54, compared to the broader market-1.00-0.500.000.501.00-0.54
Sortino ratio
The chart of Sortino ratio for LINK-USD, currently valued at -0.44, compared to the broader market-2.00-1.000.001.00-0.44
Omega ratio
The chart of Omega ratio for LINK-USD, currently valued at 0.96, compared to the broader market0.901.001.101.200.96
Calmar ratio
The chart of Calmar ratio for LINK-USD, currently valued at 0.04, compared to the broader market0.200.400.600.04
Martin ratio
The chart of Martin ratio for LINK-USD, currently valued at -1.10, compared to the broader market0.002.004.00-1.10

BCH-USD vs. LINK-USD - Sharpe Ratio Comparison

The current BCH-USD Sharpe Ratio is 0.27, which is higher than the LINK-USD Sharpe Ratio of -0.54. 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-1.000.001.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
0.27
-0.54
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.


-95.00%-90.00%-85.00%-80.00%-75.00%-70.00%-65.00%-60.00%JuneJulyAugustSeptemberOctoberNovember
-90.38%
-73.67%
BCH-USD
LINK-USD

Volatility

BCH-USD vs. LINK-USD - Volatility Comparison

Bitcoin Cash (BCH-USD) and ChainLink (LINK-USD) have volatilities of 22.85% and 23.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


15.00%20.00%25.00%30.00%JuneJulyAugustSeptemberOctoberNovember
22.85%
23.99%
BCH-USD
LINK-USD