HBAR-USD vs. ADA-USD
Compare and contrast key facts about HederaHashgraph (HBAR-USD) and Cardano (ADA-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HBAR-USD or ADA-USD.
Correlation
The correlation between HBAR-USD and ADA-USD is 0.29, 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
HBAR-USD vs. ADA-USD - Performance Comparison
Key characteristics
HBAR-USD:
3.28
ADA-USD:
1.44
HBAR-USD:
4.04
ADA-USD:
2.72
HBAR-USD:
1.38
ADA-USD:
1.29
HBAR-USD:
3.80
ADA-USD:
1.25
HBAR-USD:
15.87
ADA-USD:
7.00
HBAR-USD:
30.22%
ADA-USD:
26.96%
HBAR-USD:
124.01%
ADA-USD:
94.89%
HBAR-USD:
-92.80%
ADA-USD:
-97.85%
HBAR-USD:
-64.37%
ADA-USD:
-76.50%
Returns By Period
In the year-to-date period, HBAR-USD achieves a -32.81% return, which is significantly lower than ADA-USD's -17.33% return.
HBAR-USD
-32.81%
-7.43%
252.75%
44.77%
40.20%
N/A
ADA-USD
-17.33%
-6.39%
101.43%
46.88%
75.13%
N/A
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Risk-Adjusted Performance
HBAR-USD vs. ADA-USD — Risk-Adjusted Performance Rank
HBAR-USD
ADA-USD
HBAR-USD vs. ADA-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HederaHashgraph (HBAR-USD) and Cardano (ADA-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
HBAR-USD vs. ADA-USD - Drawdown Comparison
The maximum HBAR-USD drawdown since its inception was -92.80%, smaller than the maximum ADA-USD drawdown of -97.85%. Use the drawdown chart below to compare losses from any high point for HBAR-USD and ADA-USD. For additional features, visit the drawdowns tool.
Volatility
HBAR-USD vs. ADA-USD - Volatility Comparison
HederaHashgraph (HBAR-USD) has a higher volatility of 29.41% compared to Cardano (ADA-USD) at 25.31%. This indicates that HBAR-USD's price experiences larger fluctuations and is considered to be riskier than ADA-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.