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BNB-USD vs. ^TNX
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between BNB-USD and ^TNX is -0.02. 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.


-0.50.00.51.0-0.0

Performance

BNB-USD vs. ^TNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Binance Coin (BNB-USD) and Treasury Yield 10 Years (^TNX). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
21.74%
3.99%
BNB-USD
^TNX

Key characteristics

Sharpe Ratio

BNB-USD:

0.67

^TNX:

0.53

Sortino Ratio

BNB-USD:

1.27

^TNX:

0.94

Omega Ratio

BNB-USD:

1.13

^TNX:

1.10

Calmar Ratio

BNB-USD:

0.35

^TNX:

0.21

Martin Ratio

BNB-USD:

2.07

^TNX:

1.13

Ulcer Index

BNB-USD:

17.21%

^TNX:

10.31%

Daily Std Dev

BNB-USD:

49.55%

^TNX:

22.10%

Max Drawdown

BNB-USD:

-80.10%

^TNX:

-93.78%

Current Drawdown

BNB-USD:

-4.48%

^TNX:

-45.34%

Returns By Period

In the year-to-date period, BNB-USD achieves a 129.39% return, which is significantly higher than ^TNX's 13.42% return.


BNB-USD

YTD

129.39%

1M

15.89%

6M

21.74%

1Y

196.95%

5Y (annualized)

121.49%

10Y (annualized)

N/A

^TNX

YTD

13.42%

1M

-0.97%

6M

3.98%

1Y

10.90%

5Y (annualized)

18.19%

10Y (annualized)

7.29%

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Risk-Adjusted Performance

BNB-USD vs. ^TNX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Binance Coin (BNB-USD) and Treasury Yield 10 Years (^TNX). 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 BNB-USD, currently valued at 0.67, compared to the broader market0.001.002.003.004.005.000.670.03
The chart of Sortino ratio for BNB-USD, currently valued at 1.27, compared to the broader market-1.000.001.002.003.004.005.001.270.21
The chart of Omega ratio for BNB-USD, currently valued at 1.13, compared to the broader market1.001.201.401.601.131.02
The chart of Calmar ratio for BNB-USD, currently valued at 0.35, compared to the broader market1.002.003.004.000.350.00
The chart of Martin ratio for BNB-USD, currently valued at 2.07, compared to the broader market0.0010.0020.0030.002.070.05
BNB-USD
^TNX

The current BNB-USD Sharpe Ratio is 0.67, which is comparable to the ^TNX Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of BNB-USD and ^TNX, 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 Ratio0.002.004.006.00JulyAugustSeptemberOctoberNovemberDecember
0.67
0.03
BNB-USD
^TNX

Drawdowns

BNB-USD vs. ^TNX - Drawdown Comparison

The maximum BNB-USD drawdown since its inception was -80.10%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for BNB-USD and ^TNX. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.48%
-12.09%
BNB-USD
^TNX

Volatility

BNB-USD vs. ^TNX - Volatility Comparison

Binance Coin (BNB-USD) has a higher volatility of 19.33% compared to Treasury Yield 10 Years (^TNX) at 5.34%. This indicates that BNB-USD's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
19.33%
5.34%
BNB-USD
^TNX
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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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