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:
0.93
BTC-USD:
1.20
BTDR:
1.95
BTC-USD:
1.91
BTDR:
1.22
BTC-USD:
1.19
BTDR:
1.72
BTC-USD:
0.93
BTDR:
3.71
BTC-USD:
6.70
BTDR:
28.94%
BTC-USD:
8.82%
BTDR:
115.43%
BTC-USD:
43.77%
BTDR:
-79.52%
BTC-USD:
-93.07%
BTDR:
-36.78%
BTC-USD:
-9.77%
Returns By Period
In the year-to-date period, BTDR achieves a -23.86% return, which is significantly lower than BTC-USD's 2.51% return.
BTDR
-23.86%
-21.05%
139.48%
138.10%
N/A
N/A
BTC-USD
2.51%
-8.27%
60.98%
83.75%
58.30%
81.73%
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Risk-Adjusted Performance
BTDR vs. BTC-USD — Risk-Adjusted Performance Rank
BTDR
BTC-USD
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 34.94% compared to Bitcoin (BTC-USD) at 10.21%. 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.