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BTG-USD vs. MIOTA-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between BTG-USD and MIOTA-USD is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

BTG-USD vs. MIOTA-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitcoin Gold (BTG-USD) and IOTA (MIOTA-USD). The values are adjusted to include any dividend payments, if applicable.

-50.00%0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
-26.21%
76.32%
BTG-USD
MIOTA-USD

Key characteristics

Sharpe Ratio

BTG-USD:

-0.86

MIOTA-USD:

0.22

Sortino Ratio

BTG-USD:

-1.41

MIOTA-USD:

1.14

Omega Ratio

BTG-USD:

0.85

MIOTA-USD:

1.11

Calmar Ratio

BTG-USD:

0.01

MIOTA-USD:

0.07

Martin Ratio

BTG-USD:

-2.14

MIOTA-USD:

0.61

Ulcer Index

BTG-USD:

32.52%

MIOTA-USD:

36.96%

Daily Std Dev

BTG-USD:

77.12%

MIOTA-USD:

81.43%

Max Drawdown

BTG-USD:

-98.91%

MIOTA-USD:

-98.08%

Current Drawdown

BTG-USD:

-96.00%

MIOTA-USD:

-94.32%

Returns By Period

In the year-to-date period, BTG-USD achieves a -15.99% return, which is significantly lower than MIOTA-USD's -1.83% return.


BTG-USD

YTD

-15.99%

1M

-44.70%

6M

-26.21%

1Y

9.66%

5Y*

27.41%

10Y*

N/A

MIOTA-USD

YTD

-1.83%

1M

83.03%

6M

76.33%

1Y

7.60%

5Y*

12.83%

10Y*

N/A

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Risk-Adjusted Performance

BTG-USD vs. MIOTA-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitcoin Gold (BTG-USD) and IOTA (MIOTA-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 BTG-USD, currently valued at -0.86, compared to the broader market0.001.002.003.004.005.00-0.860.22
The chart of Sortino ratio for BTG-USD, currently valued at -1.41, compared to the broader market-1.000.001.002.003.004.00-1.411.14
The chart of Omega ratio for BTG-USD, currently valued at 0.85, compared to the broader market0.901.001.101.201.301.401.500.851.11
The chart of Calmar ratio for BTG-USD, currently valued at 0.01, compared to the broader market1.002.003.004.000.010.07
The chart of Martin ratio for BTG-USD, currently valued at -2.14, compared to the broader market0.0010.0020.0030.0040.00-2.140.61
BTG-USD
MIOTA-USD

The current BTG-USD Sharpe Ratio is -0.86, which is lower than the MIOTA-USD Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of BTG-USD and MIOTA-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-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
-0.86
0.22
BTG-USD
MIOTA-USD

Drawdowns

BTG-USD vs. MIOTA-USD - Drawdown Comparison

The maximum BTG-USD drawdown since its inception was -98.91%, roughly equal to the maximum MIOTA-USD drawdown of -98.08%. Use the drawdown chart below to compare losses from any high point for BTG-USD and MIOTA-USD. For additional features, visit the drawdowns tool.


-98.00%-96.00%-94.00%-92.00%-90.00%JulyAugustSeptemberOctoberNovemberDecember
-96.00%
-94.32%
BTG-USD
MIOTA-USD

Volatility

BTG-USD vs. MIOTA-USD - Volatility Comparison

The current volatility for Bitcoin Gold (BTG-USD) is 42.50%, while IOTA (MIOTA-USD) has a volatility of 51.45%. This indicates that BTG-USD experiences smaller price fluctuations and is considered to be less risky than MIOTA-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%50.00%JulyAugustSeptemberOctoberNovemberDecember
42.50%
51.45%
BTG-USD
MIOTA-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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