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BTT-USD vs. MARA
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between BTT-USD and MARA is 0.34, 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

BTT-USD vs. MARA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BitTorrent (BTT-USD) and Marathon Digital Holdings, Inc. (MARA). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
27.78%
3.90%
BTT-USD
MARA

Key characteristics

Sharpe Ratio

BTT-USD:

-0.37

MARA:

-0.09

Sortino Ratio

BTT-USD:

-0.09

MARA:

0.71

Omega Ratio

BTT-USD:

0.99

MARA:

1.08

Calmar Ratio

BTT-USD:

0.02

MARA:

-0.11

Martin Ratio

BTT-USD:

-1.07

MARA:

-0.26

Ulcer Index

BTT-USD:

28.95%

MARA:

37.56%

Daily Std Dev

BTT-USD:

78.37%

MARA:

110.39%

Max Drawdown

BTT-USD:

-100.00%

MARA:

-99.74%

Current Drawdown

BTT-USD:

-99.99%

MARA:

-87.10%

Returns By Period

In the year-to-date period, BTT-USD achieves a -5.98% return, which is significantly higher than MARA's -15.03% return.


BTT-USD

YTD

-5.98%

1M

2.72%

6M

27.54%

1Y

-3.38%

5Y*

-67.44%

10Y*

N/A

MARA

YTD

-15.03%

1M

-11.80%

6M

3.90%

1Y

-19.45%

5Y*

83.65%

10Y*

-18.55%

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Risk-Adjusted Performance

BTT-USD vs. MARA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BitTorrent (BTT-USD) and Marathon Digital Holdings, Inc. (MARA). 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 BTT-USD, currently valued at -0.37, compared to the broader market0.001.002.003.004.005.00-0.370.36
The chart of Sortino ratio for BTT-USD, currently valued at -0.09, compared to the broader market-1.000.001.002.003.004.005.00-0.091.34
The chart of Omega ratio for BTT-USD, currently valued at 0.99, compared to the broader market1.001.201.400.991.15
The chart of Calmar ratio for BTT-USD, currently valued at 0.02, compared to the broader market1.002.003.004.000.020.15
The chart of Martin ratio for BTT-USD, currently valued at -1.07, compared to the broader market0.0010.0020.0030.0040.00-1.071.41
BTT-USD
MARA

The current BTT-USD Sharpe Ratio is -0.37, which is lower than the MARA Sharpe Ratio of -0.09. The chart below compares the historical Sharpe Ratios of BTT-USD and MARA, 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-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.37
0.36
BTT-USD
MARA

Drawdowns

BTT-USD vs. MARA - Drawdown Comparison

The maximum BTT-USD drawdown since its inception was -100.00%, roughly equal to the maximum MARA drawdown of -99.74%. Use the drawdown chart below to compare losses from any high point for BTT-USD and MARA. For additional features, visit the drawdowns tool.


-100.00%-90.00%-80.00%-70.00%-60.00%JulyAugustSeptemberOctoberNovemberDecember
-99.99%
-73.77%
BTT-USD
MARA

Volatility

BTT-USD vs. MARA - Volatility Comparison

BitTorrent (BTT-USD) has a higher volatility of 35.56% compared to Marathon Digital Holdings, Inc. (MARA) at 27.19%. This indicates that BTT-USD's price experiences larger fluctuations and is considered to be riskier than MARA 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
35.56%
27.19%
BTT-USD
MARA
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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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