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.
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.
Performance
BTDR vs. BTC-USD - Performance Comparison
Key characteristics
BTDR:
1.22
BTC-USD:
1.41
BTDR:
2.24
BTC-USD:
2.14
BTDR:
1.25
BTC-USD:
1.21
BTDR:
2.41
BTC-USD:
1.22
BTDR:
3.50
BTC-USD:
6.70
BTDR:
43.02%
BTC-USD:
10.77%
BTDR:
123.82%
BTC-USD:
44.31%
BTDR:
-79.52%
BTC-USD:
-93.07%
BTDR:
-11.45%
BTC-USD:
-7.90%
Returns By Period
In the year-to-date period, BTDR achieves a 107.81% return, which is significantly lower than BTC-USD's 131.29% return.
BTDR
107.81%
72.33%
115.46%
142.49%
N/A
N/A
BTC-USD
131.29%
3.62%
52.51%
122.84%
67.06%
76.43%
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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 41.08% compared to Bitcoin (BTC-USD) at 14.07%. 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.