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ENJ-USD vs. DOGE-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ENJ-USD and DOGE-USD is 0.23, 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

ENJ-USD vs. DOGE-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EnjinCoin (ENJ-USD) and Dogecoin (DOGE-USD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ENJ-USD:

-0.71

DOGE-USD:

0.21

Sortino Ratio

ENJ-USD:

-0.50

DOGE-USD:

2.18

Omega Ratio

ENJ-USD:

0.95

DOGE-USD:

1.22

Calmar Ratio

ENJ-USD:

0.00

DOGE-USD:

0.91

Martin Ratio

ENJ-USD:

-1.17

DOGE-USD:

3.40

Ulcer Index

ENJ-USD:

56.61%

DOGE-USD:

41.43%

Daily Std Dev

ENJ-USD:

89.85%

DOGE-USD:

82.71%

Max Drawdown

ENJ-USD:

-98.72%

DOGE-USD:

-95.27%

Current Drawdown

ENJ-USD:

-98.43%

DOGE-USD:

-71.75%

Returns By Period

In the year-to-date period, ENJ-USD achieves a -64.79% return, which is significantly lower than DOGE-USD's -38.72% return.


ENJ-USD

YTD

-64.79%

1M

-13.23%

6M

-77.71%

1Y

-76.85%

3Y*

-51.29%

5Y*

-18.74%

10Y*

N/A

DOGE-USD

YTD

-38.72%

1M

7.01%

6M

-54.16%

1Y

21.55%

3Y*

31.09%

5Y*

137.60%

10Y*

103.37%

*Annualized

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EnjinCoin

Dogecoin

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

ENJ-USD vs. DOGE-USD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ENJ-USD
The Risk-Adjusted Performance Rank of ENJ-USD is 1515
Overall Rank
The Sharpe Ratio Rank of ENJ-USD is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of ENJ-USD is 1010
Sortino Ratio Rank
The Omega Ratio Rank of ENJ-USD is 1111
Omega Ratio Rank
The Calmar Ratio Rank of ENJ-USD is 2525
Calmar Ratio Rank
The Martin Ratio Rank of ENJ-USD is 1919
Martin Ratio Rank

DOGE-USD
The Risk-Adjusted Performance Rank of DOGE-USD is 8383
Overall Rank
The Sharpe Ratio Rank of DOGE-USD is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of DOGE-USD is 8383
Sortino Ratio Rank
The Omega Ratio Rank of DOGE-USD is 8383
Omega Ratio Rank
The Calmar Ratio Rank of DOGE-USD is 8585
Calmar Ratio Rank
The Martin Ratio Rank of DOGE-USD is 8484
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ENJ-USD vs. DOGE-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for EnjinCoin (ENJ-USD) and Dogecoin (DOGE-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.


The current ENJ-USD Sharpe Ratio is -0.71, which is lower than the DOGE-USD Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of ENJ-USD and DOGE-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.


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Drawdowns

ENJ-USD vs. DOGE-USD - Drawdown Comparison

The maximum ENJ-USD drawdown since its inception was -98.72%, roughly equal to the maximum DOGE-USD drawdown of -95.27%. Use the drawdown chart below to compare losses from any high point for ENJ-USD and DOGE-USD.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

ENJ-USD vs. DOGE-USD - Volatility Comparison

EnjinCoin (ENJ-USD) and Dogecoin (DOGE-USD) have volatilities of 33.36% and 33.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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