GOLD vs. BNB-USD
Compare and contrast key facts about Barrick Gold Corporation (GOLD) and Binance Coin (BNB-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOLD or BNB-USD.
Correlation
The correlation between GOLD and BNB-USD is 0.12, 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
GOLD vs. BNB-USD - Performance Comparison
Key characteristics
GOLD:
-0.34
BNB-USD:
0.38
GOLD:
-0.26
BNB-USD:
0.92
GOLD:
0.97
BNB-USD:
1.09
GOLD:
-0.17
BNB-USD:
0.16
GOLD:
-0.99
BNB-USD:
1.19
GOLD:
11.54%
BNB-USD:
17.16%
GOLD:
33.59%
BNB-USD:
49.59%
GOLD:
-88.52%
BNB-USD:
-80.10%
GOLD:
-64.73%
BNB-USD:
-9.62%
Returns By Period
In the year-to-date period, GOLD achieves a -13.01% return, which is significantly lower than BNB-USD's 117.03% return.
GOLD
-13.01%
-13.58%
-6.18%
-12.43%
0.14%
6.15%
BNB-USD
117.03%
11.87%
15.73%
149.99%
117.80%
N/A
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Risk-Adjusted Performance
GOLD vs. BNB-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Barrick Gold Corporation (GOLD) and Binance Coin (BNB-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.
Drawdowns
GOLD vs. BNB-USD - Drawdown Comparison
The maximum GOLD drawdown since its inception was -88.52%, which is greater than BNB-USD's maximum drawdown of -80.10%. Use the drawdown chart below to compare losses from any high point for GOLD and BNB-USD. For additional features, visit the drawdowns tool.
Volatility
GOLD vs. BNB-USD - Volatility Comparison
The current volatility for Barrick Gold Corporation (GOLD) is 9.04%, while Binance Coin (BNB-USD) has a volatility of 20.11%. This indicates that GOLD experiences smaller price fluctuations and is considered to be less risky than BNB-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.