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BTDR vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

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.


-0.50.00.51.00.3

Performance

BTDR vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitdeer Technologies Group Class A Ordinary Shares (BTDR) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%JulyAugustSeptemberOctoberNovemberDecember
104.90%
221.58%
BTDR
BTC-USD

Key characteristics

Sharpe Ratio

BTDR:

1.22

BTC-USD:

1.41

Sortino Ratio

BTDR:

2.24

BTC-USD:

2.14

Omega Ratio

BTDR:

1.25

BTC-USD:

1.21

Calmar Ratio

BTDR:

2.41

BTC-USD:

1.22

Martin Ratio

BTDR:

3.50

BTC-USD:

6.70

Ulcer Index

BTDR:

43.02%

BTC-USD:

10.77%

Daily Std Dev

BTDR:

123.82%

BTC-USD:

44.31%

Max Drawdown

BTDR:

-79.52%

BTC-USD:

-93.07%

Current Drawdown

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

YTD

107.81%

1M

72.33%

6M

115.46%

1Y

142.49%

5Y*

N/A

10Y*

N/A

BTC-USD

YTD

131.29%

1M

3.62%

6M

52.51%

1Y

122.84%

5Y*

67.06%

10Y*

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.


Sharpe ratio
The chart of Sharpe ratio for BTDR, currently valued at 4.36, compared to the broader market-4.00-2.000.002.004.361.41
The chart of Sortino ratio for BTDR, currently valued at 3.77, compared to the broader market-4.00-2.000.002.004.003.772.14
The chart of Omega ratio for BTDR, currently valued at 1.42, compared to the broader market0.501.001.502.001.421.21
The chart of Calmar ratio for BTDR, currently valued at 5.67, compared to the broader market0.002.004.006.005.671.22
The chart of Martin ratio for BTDR, currently valued at 17.79, compared to the broader market-5.000.005.0010.0015.0020.0025.0017.796.70
BTDR
BTC-USD

The current BTDR Sharpe Ratio is 1.22, which is comparable to the BTC-USD Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of BTDR and BTC-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-1.000.001.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
4.36
1.41
BTDR
BTC-USD

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.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.45%
-7.90%
BTDR
BTC-USD

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.


10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
41.08%
14.07%
BTDR
BTC-USD
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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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