PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
EUR=X vs. USD=X
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between EUR=X and USD=X is 0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.00.0

Performance

EUR=X vs. USD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USD/EUR (EUR=X) and USD Cash (USD=X). The values are adjusted to include any dividend payments, if applicable.

-0.10%-0.05%0.00%0.05%0.10%JulyAugustSeptemberOctoberNovemberDecember
-0.02%
0
EUR=X
USD=X

Key characteristics

Ulcer Index

EUR=X:

2.36%

USD=X:

0.00%

Daily Std Dev

EUR=X:

5.50%

USD=X:

0.00%

Max Drawdown

EUR=X:

-48.28%

USD=X:

0.00%

Current Drawdown

EUR=X:

-20.48%

USD=X:

0.00%

Returns By Period


EUR=X

YTD

6.10%

1M

1.90%

6M

3.30%

1Y

5.58%

5Y*

1.17%

10Y*

1.54%

USD=X

YTD

0.00%

1M

0.00%

6M

0.00%

1Y

0.00%

5Y*

0.00%

10Y*

0.00%

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

EUR=X vs. USD=X - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for USD/EUR (EUR=X) and USD Cash (USD=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.


Sharpe ratio
The chart of Sharpe ratio for EUR=X, currently valued at -0.01, compared to the broader market0.002.004.006.008.0010.00-0.01
The chart of Sortino ratio for EUR=X, currently valued at -0.01, compared to the broader market0.0010.0020.0030.0040.00-0.01
The chart of Omega ratio for EUR=X, currently valued at 1.00, compared to the broader market2.004.006.008.0010.001.00
The chart of Calmar ratio for EUR=X, currently valued at -0.01, compared to the broader market0.0020.0040.0060.0080.00-0.01
The chart of Martin ratio for EUR=X, currently valued at -0.06, compared to the broader market0.00100.00200.00300.00400.00500.00600.00-0.06
EUR=X
USD=X


Rolling 12-month Sharpe Ratio-0.20-0.100.000.100.200.30JulyAugustSeptemberOctoberNovemberDecember
-0.01
EUR=X
USD=X

Drawdowns

EUR=X vs. USD=X - Drawdown Comparison

The maximum EUR=X drawdown since its inception was -48.28%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for EUR=X and USD=X. For additional features, visit the drawdowns tool.


-0.80%-0.60%-0.40%-0.20%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.62%
0
EUR=X
USD=X

Volatility

EUR=X vs. USD=X - Volatility Comparison

USD/EUR (EUR=X) has a higher volatility of 0.18% compared to USD Cash (USD=X) at 0.00%. This indicates that EUR=X's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.05%0.10%0.15%0.20%0.25%JulyAugustSeptemberOctoberNovemberDecember
0.18%
0
EUR=X
USD=X
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab