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BTCM vs. DOGE-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between BTCM and DOGE-USD is 0.26, 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.


-0.50.00.51.0
Correlation: 0.3

Performance

BTCM vs. DOGE-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BIT Mining Limited (BTCM) and Dogecoin (DOGE-USD). The values are adjusted to include any dividend payments, if applicable.

0.00%50,000.00%100,000.00%150,000.00%NovemberDecember2025FebruaryMarchApril
-99.38%
60,941.20%
BTCM
DOGE-USD

Key characteristics

Sharpe Ratio

BTCM:

-0.52

DOGE-USD:

1.32

Sortino Ratio

BTCM:

-0.41

DOGE-USD:

2.12

Omega Ratio

BTCM:

0.96

DOGE-USD:

1.22

Calmar Ratio

BTCM:

-0.43

DOGE-USD:

0.85

Martin Ratio

BTCM:

-1.28

DOGE-USD:

3.78

Ulcer Index

BTCM:

33.60%

DOGE-USD:

36.02%

Daily Std Dev

BTCM:

82.85%

DOGE-USD:

80.85%

Max Drawdown

BTCM:

-99.75%

DOGE-USD:

-95.27%

Current Drawdown

BTCM:

-99.62%

DOGE-USD:

-73.79%

Returns By Period

In the year-to-date period, BTCM achieves a -21.83% return, which is significantly higher than DOGE-USD's -42.40% return. Over the past 10 years, BTCM has underperformed DOGE-USD with an annualized return of -36.16%, while DOGE-USD has yielded a comparatively higher 112.21% annualized return.


BTCM

YTD

-21.83%

1M

9.44%

6M

-24.81%

1Y

-31.12%

5Y*

-46.30%

10Y*

-36.16%

DOGE-USD

YTD

-42.40%

1M

-4.55%

6M

32.38%

1Y

22.99%

5Y*

138.77%

10Y*

112.21%

*Annualized

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Risk-Adjusted Performance

BTCM vs. DOGE-USD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BTCM
The Risk-Adjusted Performance Rank of BTCM is 2424
Overall Rank
The Sharpe Ratio Rank of BTCM is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of BTCM is 2626
Sortino Ratio Rank
The Omega Ratio Rank of BTCM is 2828
Omega Ratio Rank
The Calmar Ratio Rank of BTCM is 2525
Calmar Ratio Rank
The Martin Ratio Rank of BTCM is 1717
Martin Ratio Rank

DOGE-USD
The Risk-Adjusted Performance Rank of DOGE-USD is 8383
Overall Rank
The Sharpe Ratio Rank of DOGE-USD is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of DOGE-USD is 8282
Sortino Ratio Rank
The Omega Ratio Rank of DOGE-USD is 8282
Omega Ratio Rank
The Calmar Ratio Rank of DOGE-USD is 8484
Calmar Ratio Rank
The Martin Ratio Rank of DOGE-USD is 8282
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BTCM vs. DOGE-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BIT Mining Limited (BTCM) and Dogecoin (DOGE-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.


The chart of Sharpe ratio for BTCM, currently valued at -0.19, compared to the broader market-2.00-1.000.001.002.003.00
BTCM: -0.19
DOGE-USD: 1.32
The chart of Sortino ratio for BTCM, currently valued at 0.30, compared to the broader market-6.00-4.00-2.000.002.004.00
BTCM: 0.30
DOGE-USD: 2.12
The chart of Omega ratio for BTCM, currently valued at 1.03, compared to the broader market0.501.001.502.00
BTCM: 1.03
DOGE-USD: 1.22
The chart of Calmar ratio for BTCM, currently valued at -0.43, compared to the broader market0.001.002.003.004.005.00
BTCM: -0.43
DOGE-USD: 0.85
The chart of Martin ratio for BTCM, currently valued at -0.48, compared to the broader market-5.000.005.0010.0015.0020.00
BTCM: -0.48
DOGE-USD: 3.78

The current BTCM Sharpe Ratio is -0.52, which is lower than the DOGE-USD Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of BTCM and DOGE-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-1.000.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
-0.19
1.32
BTCM
DOGE-USD

Drawdowns

BTCM vs. DOGE-USD - Drawdown Comparison

The maximum BTCM drawdown since its inception was -99.75%, roughly equal to the maximum DOGE-USD drawdown of -95.27%. Use the drawdown chart below to compare losses from any high point for BTCM and DOGE-USD. For additional features, visit the drawdowns tool.


-100.00%-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%NovemberDecember2025FebruaryMarchApril
-99.62%
-73.79%
BTCM
DOGE-USD

Volatility

BTCM vs. DOGE-USD - Volatility Comparison

BIT Mining Limited (BTCM) has a higher volatility of 30.87% compared to Dogecoin (DOGE-USD) at 27.34%. This indicates that BTCM's price experiences larger fluctuations and is considered to be riskier than DOGE-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%35.00%40.00%45.00%NovemberDecember2025FebruaryMarchApril
30.87%
27.34%
BTCM
DOGE-USD