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GOLD vs. BNB-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

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.


-0.50.00.51.00.1

Performance

GOLD vs. BNB-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Barrick Gold Corporation (GOLD) and Binance Coin (BNB-USD). The values are adjusted to include any dividend payments, if applicable.

0.00%10,000.00%20,000.00%30,000.00%40,000.00%JulyAugustSeptemberOctoberNovemberDecember
27.72%
33,961.52%
GOLD
BNB-USD

Key characteristics

Sharpe Ratio

GOLD:

-0.34

BNB-USD:

0.38

Sortino Ratio

GOLD:

-0.26

BNB-USD:

0.92

Omega Ratio

GOLD:

0.97

BNB-USD:

1.09

Calmar Ratio

GOLD:

-0.17

BNB-USD:

0.16

Martin Ratio

GOLD:

-0.99

BNB-USD:

1.19

Ulcer Index

GOLD:

11.54%

BNB-USD:

17.16%

Daily Std Dev

GOLD:

33.59%

BNB-USD:

49.59%

Max Drawdown

GOLD:

-88.52%

BNB-USD:

-80.10%

Current Drawdown

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

YTD

-13.01%

1M

-13.58%

6M

-6.18%

1Y

-12.43%

5Y*

0.14%

10Y*

6.15%

BNB-USD

YTD

117.03%

1M

11.87%

6M

15.73%

1Y

149.99%

5Y*

117.80%

10Y*

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.


Sharpe ratio
The chart of Sharpe ratio for GOLD, currently valued at -0.51, compared to the broader market-4.00-2.000.002.00-0.510.38
The chart of Sortino ratio for GOLD, currently valued at -0.53, compared to the broader market-4.00-2.000.002.004.00-0.530.92
The chart of Omega ratio for GOLD, currently valued at 0.94, compared to the broader market0.501.001.502.000.941.09
The chart of Calmar ratio for GOLD, currently valued at -0.17, compared to the broader market0.002.004.006.00-0.170.16
The chart of Martin ratio for GOLD, currently valued at -1.87, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.871.19
GOLD
BNB-USD

The current GOLD Sharpe Ratio is -0.34, which is lower than the BNB-USD Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of GOLD and BNB-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-1.000.001.002.003.004.005.006.00JulyAugustSeptemberOctoberNovemberDecember
-0.51
0.38
GOLD
BNB-USD

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.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-42.82%
-9.62%
GOLD
BNB-USD

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.


10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
9.04%
20.11%
GOLD
BNB-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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