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DOT-USD vs. AVAX-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between DOT-USD and AVAX-USD is 0.67, 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.


-0.50.00.51.00.7

Performance

DOT-USD vs. AVAX-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Polkadot (DOT-USD) and Avalanche (AVAX-USD). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
32.70%
59.17%
DOT-USD
AVAX-USD

Key characteristics

Sharpe Ratio

DOT-USD:

-0.14

AVAX-USD:

-0.14

Sortino Ratio

DOT-USD:

0.41

AVAX-USD:

0.48

Omega Ratio

DOT-USD:

1.04

AVAX-USD:

1.04

Calmar Ratio

DOT-USD:

0.01

AVAX-USD:

0.01

Martin Ratio

DOT-USD:

-0.35

AVAX-USD:

-0.37

Ulcer Index

DOT-USD:

35.19%

AVAX-USD:

36.72%

Daily Std Dev

DOT-USD:

71.43%

AVAX-USD:

78.33%

Max Drawdown

DOT-USD:

-93.24%

AVAX-USD:

-93.48%

Current Drawdown

DOT-USD:

-85.74%

AVAX-USD:

-68.23%

Returns By Period

In the year-to-date period, DOT-USD achieves a -6.16% return, which is significantly lower than AVAX-USD's 11.05% return.


DOT-USD

YTD

-6.16%

1M

28.02%

6M

32.71%

1Y

14.50%

5Y*

N/A

10Y*

N/A

AVAX-USD

YTD

11.05%

1M

20.75%

6M

59.17%

1Y

7.49%

5Y*

N/A

10Y*

N/A

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Risk-Adjusted Performance

DOT-USD vs. AVAX-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Polkadot (DOT-USD) and Avalanche (AVAX-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 DOT-USD, currently valued at -0.14, compared to the broader market0.001.002.003.004.00-0.14-0.14
The chart of Sortino ratio for DOT-USD, currently valued at 0.41, compared to the broader market-1.000.001.002.003.004.000.410.48
The chart of Omega ratio for DOT-USD, currently valued at 1.04, compared to the broader market1.001.201.401.041.04
The chart of Calmar ratio for DOT-USD, currently valued at 0.01, compared to the broader market1.002.003.000.010.01
The chart of Martin ratio for DOT-USD, currently valued at -0.35, compared to the broader market0.005.0010.0015.0020.0025.00-0.35-0.37
DOT-USD
AVAX-USD

The current DOT-USD Sharpe Ratio is -0.14, which is comparable to the AVAX-USD Sharpe Ratio of -0.14. The chart below compares the historical Sharpe Ratios of DOT-USD and AVAX-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-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.14
-0.14
DOT-USD
AVAX-USD

Drawdowns

DOT-USD vs. AVAX-USD - Drawdown Comparison

The maximum DOT-USD drawdown since its inception was -93.24%, roughly equal to the maximum AVAX-USD drawdown of -93.48%. Use the drawdown chart below to compare losses from any high point for DOT-USD and AVAX-USD. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%JulyAugustSeptemberOctoberNovemberDecember
-85.74%
-68.23%
DOT-USD
AVAX-USD

Volatility

DOT-USD vs. AVAX-USD - Volatility Comparison

Polkadot (DOT-USD) has a higher volatility of 40.78% compared to Avalanche (AVAX-USD) at 37.77%. This indicates that DOT-USD's price experiences larger fluctuations and is considered to be riskier than AVAX-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
40.78%
37.77%
DOT-USD
AVAX-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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