Correlation
The correlation between FTEK and BTC-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.
FTEK vs. BTC-USD
Compare and contrast key facts about Fuel Tech, Inc. (FTEK) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTEK or BTC-USD.
Performance
FTEK vs. BTC-USD - Performance Comparison
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Key characteristics
FTEK:
0.82
BTC-USD:
1.13
FTEK:
1.98
BTC-USD:
2.83
FTEK:
1.23
BTC-USD:
1.30
FTEK:
0.44
BTC-USD:
2.00
FTEK:
3.89
BTC-USD:
9.85
FTEK:
11.01%
BTC-USD:
11.22%
FTEK:
52.73%
BTC-USD:
41.35%
FTEK:
-98.97%
BTC-USD:
-93.18%
FTEK:
-95.78%
BTC-USD:
-5.19%
Returns By Period
In the year-to-date period, FTEK achieves a 52.38% return, which is significantly higher than BTC-USD's 13.33% return. Over the past 10 years, FTEK has underperformed BTC-USD with an annualized return of -3.85%, while BTC-USD has yielded a comparatively higher 85.04% annualized return.
FTEK
52.38%
68.42%
55.34%
42.86%
6.09%
14.54%
-3.85%
BTC-USD
13.33%
10.42%
10.45%
56.28%
52.76%
61.44%
85.04%
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Risk-Adjusted Performance
FTEK vs. BTC-USD — Risk-Adjusted Performance Rank
FTEK
BTC-USD
FTEK vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fuel Tech, Inc. (FTEK) and Bitcoin (BTC-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.
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Drawdowns
FTEK vs. BTC-USD - Drawdown Comparison
The maximum FTEK drawdown since its inception was -98.97%, which is greater than BTC-USD's maximum drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for FTEK and BTC-USD.
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Volatility
FTEK vs. BTC-USD - Volatility Comparison
Fuel Tech, Inc. (FTEK) has a higher volatility of 34.44% compared to Bitcoin (BTC-USD) at 10.10%. This indicates that FTEK's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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