DNN vs. AUD=X
Compare and contrast key facts about Denison Mines Corp (DNN) and USD/AUD (AUD=X).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DNN or AUD=X.
Correlation
The correlation between DNN and AUD=X is 0.03, 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
DNN vs. AUD=X - Performance Comparison
Key characteristics
DNN:
-0.49
AUD=X:
0.57
DNN:
-0.41
AUD=X:
0.93
DNN:
0.95
AUD=X:
1.12
DNN:
-0.33
AUD=X:
0.18
DNN:
-1.14
AUD=X:
1.97
DNN:
26.34%
AUD=X:
2.78%
DNN:
61.27%
AUD=X:
9.24%
DNN:
-98.41%
AUD=X:
-56.54%
DNN:
-88.97%
AUD=X:
-25.11%
Returns By Period
In the year-to-date period, DNN achieves a -22.78% return, which is significantly lower than AUD=X's -3.30% return. Over the past 10 years, DNN has outperformed AUD=X with an annualized return of 3.73%, while AUD=X has yielded a comparatively lower 2.13% annualized return.
DNN
-22.78%
-2.80%
-36.53%
-29.44%
24.59%
3.73%
AUD=X
-3.30%
-1.57%
3.20%
1.86%
-0.03%
2.13%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
DNN vs. AUD=X — Risk-Adjusted Performance Rank
DNN
AUD=X
DNN vs. AUD=X - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Denison Mines Corp (DNN) and USD/AUD (AUD=X). 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
DNN vs. AUD=X - Drawdown Comparison
The maximum DNN drawdown since its inception was -98.41%, which is greater than AUD=X's maximum drawdown of -56.54%. Use the drawdown chart below to compare losses from any high point for DNN and AUD=X. For additional features, visit the drawdowns tool.
Volatility
DNN vs. AUD=X - Volatility Comparison
Denison Mines Corp (DNN) has a higher volatility of 20.86% compared to USD/AUD (AUD=X) at 0.18%. This indicates that DNN's price experiences larger fluctuations and is considered to be riskier than AUD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.