BTDR vs. BTC-USD
Compare and contrast key facts about Bitdeer Technologies Group Class A Ordinary Shares (BTDR) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTDR or BTC-USD.
Performance
BTDR vs. BTC-USD - Performance Comparison
Returns By Period
In the year-to-date period, BTDR achieves a 20.59% return, which is significantly lower than BTC-USD's 123.21% return.
BTDR
20.59%
42.91%
101.53%
187.20%
N/A
N/A
BTC-USD
123.21%
40.04%
36.48%
163.42%
66.85%
74.15%
Key characteristics
| BTDR | BTC-USD | |
|---|---|---|
| Sharpe Ratio | 1.24 | 0.83 |
| Sortino Ratio | 2.21 | 1.51 |
| Omega Ratio | 1.26 | 1.15 |
| Calmar Ratio | 2.10 | 0.64 |
| Martin Ratio | 3.49 | 3.82 |
| Ulcer Index | 42.93% | 11.71% |
| Daily Std Dev | 121.13% | 44.27% |
| Max Drawdown | -79.52% | -93.07% |
| Current Drawdown | -16.91% | 0.00% |
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Correlation
The correlation between BTDR and BTC-USD is 0.32, 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
BTDR vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitdeer Technologies Group Class A Ordinary Shares (BTDR) 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
BTDR vs. BTC-USD - Drawdown Comparison
The maximum BTDR drawdown since its inception was -79.52%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for BTDR and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
BTDR vs. BTC-USD - Volatility Comparison
Bitdeer Technologies Group Class A Ordinary Shares (BTDR) has a higher volatility of 40.09% compared to Bitcoin (BTC-USD) at 16.54%. This indicates that BTDR'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.