BTCM vs. BTC-USD
Compare and contrast key facts about BIT Mining Limited (BTCM) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTCM or BTC-USD.
Performance
BTCM vs. BTC-USD - Performance Comparison
Returns By Period
In the year-to-date period, BTCM achieves a -45.04% return, which is significantly lower than BTC-USD's 134.23% return. Over the past 10 years, BTCM has underperformed BTC-USD with an annualized return of -35.94%, while BTC-USD has yielded a comparatively higher 74.63% annualized return.
BTCM
-45.04%
11.69%
-1.07%
-4.15%
-50.95%
-35.94%
BTC-USD
134.23%
49.02%
44.47%
165.48%
69.63%
74.63%
Key characteristics
| BTCM | BTC-USD | |
|---|---|---|
| Sharpe Ratio | -0.04 | 1.24 |
| Sortino Ratio | 0.76 | 1.95 |
| Omega Ratio | 1.08 | 1.19 |
| Calmar Ratio | -0.04 | 1.11 |
| Martin Ratio | -0.08 | 5.79 |
| Ulcer Index | 52.67% | 11.62% |
| Daily Std Dev | 102.58% | 44.09% |
| Max Drawdown | -99.72% | -93.07% |
| Current Drawdown | -99.46% | 0.00% |
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Correlation
The correlation between BTCM and BTC-USD is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
BTCM vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BIT Mining Limited (BTCM) and Bitcoin (BTC-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
BTCM vs. BTC-USD - Drawdown Comparison
The maximum BTCM drawdown since its inception was -99.72%, which is greater than BTC-USD's maximum drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for BTCM and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
BTCM vs. BTC-USD - Volatility Comparison
BIT Mining Limited (BTCM) has a higher volatility of 27.83% compared to Bitcoin (BTC-USD) at 16.59%. This indicates that BTCM's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.