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

Correlation

The correlation between DOT-USD and LINK-USD is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.7

Performance

DOT-USD vs. LINK-USD - Performance Comparison

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

0.00%50.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
32.70%
73.63%
DOT-USD
LINK-USD

Key characteristics

Sharpe Ratio

DOT-USD:

-0.14

LINK-USD:

0.70

Sortino Ratio

DOT-USD:

0.41

LINK-USD:

1.68

Omega Ratio

DOT-USD:

1.04

LINK-USD:

1.16

Calmar Ratio

DOT-USD:

0.01

LINK-USD:

0.36

Martin Ratio

DOT-USD:

-0.35

LINK-USD:

2.24

Ulcer Index

DOT-USD:

35.19%

LINK-USD:

30.22%

Daily Std Dev

DOT-USD:

71.43%

LINK-USD:

74.89%

Max Drawdown

DOT-USD:

-93.24%

LINK-USD:

-90.17%

Current Drawdown

DOT-USD:

-85.74%

LINK-USD:

-52.23%

Returns By Period

In the year-to-date period, DOT-USD achieves a -6.16% return, which is significantly lower than LINK-USD's 66.54% return.


DOT-USD

YTD

-6.16%

1M

28.02%

6M

32.71%

1Y

14.50%

5Y*

N/A

10Y*

N/A

LINK-USD

YTD

66.54%

1M

63.53%

6M

73.64%

1Y

76.59%

5Y*

66.90%

10Y*

N/A

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Risk-Adjusted Performance

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

This table presents a comparison of risk-adjusted performance metrics for Polkadot (DOT-USD) and ChainLink (LINK-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 market0.001.002.003.004.00-0.140.70
The chart of Sortino ratio for DOT-USD, currently valued at 0.41, compared to the broader market-1.000.001.002.003.004.000.411.68
The chart of Omega ratio for DOT-USD, currently valued at 1.04, compared to the broader market1.001.201.401.041.16
The chart of Calmar ratio for DOT-USD, currently valued at 0.01, compared to the broader market1.002.003.000.010.36
The chart of Martin ratio for DOT-USD, currently valued at -0.35, compared to the broader market0.005.0010.0015.0020.0025.00-0.352.24
DOT-USD
LINK-USD

The current DOT-USD Sharpe Ratio is -0.14, which is lower than the LINK-USD Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of DOT-USD and LINK-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
-0.14
0.70
DOT-USD
LINK-USD

Drawdowns

DOT-USD vs. LINK-USD - Drawdown Comparison

The maximum DOT-USD drawdown since its inception was -93.24%, roughly equal to the maximum LINK-USD drawdown of -90.17%. Use the drawdown chart below to compare losses from any high point for DOT-USD and LINK-USD. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%JulyAugustSeptemberOctoberNovemberDecember
-85.74%
-52.23%
DOT-USD
LINK-USD

Volatility

DOT-USD vs. LINK-USD - Volatility Comparison

The current volatility for Polkadot (DOT-USD) is 40.78%, while ChainLink (LINK-USD) has a volatility of 45.56%. This indicates that DOT-USD experiences smaller price fluctuations and is considered to be less risky than LINK-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%
45.56%
DOT-USD
LINK-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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