HBAR-USD vs. BTC-USD
Compare and contrast key facts about HederaHashgraph (HBAR-USD) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HBAR-USD or BTC-USD.
Correlation
The correlation between HBAR-USD and BTC-USD is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HBAR-USD vs. BTC-USD - Performance Comparison
Key characteristics
HBAR-USD:
3.38
BTC-USD:
1.56
HBAR-USD:
4.77
BTC-USD:
2.30
HBAR-USD:
1.46
BTC-USD:
1.23
HBAR-USD:
4.51
BTC-USD:
1.37
HBAR-USD:
10.76
BTC-USD:
7.28
HBAR-USD:
51.71%
BTC-USD:
10.81%
HBAR-USD:
121.73%
BTC-USD:
44.36%
HBAR-USD:
-92.80%
BTC-USD:
-93.07%
HBAR-USD:
-42.43%
BTC-USD:
-10.79%
Returns By Period
In the year-to-date period, HBAR-USD achieves a 239.23% return, which is significantly higher than BTC-USD's 124.03% return.
HBAR-USD
239.23%
88.69%
275.89%
222.71%
81.42%
N/A
BTC-USD
124.03%
-3.16%
57.08%
120.12%
67.07%
76.22%
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Risk-Adjusted Performance
HBAR-USD vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HederaHashgraph (HBAR-USD) 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.
Drawdowns
HBAR-USD vs. BTC-USD - Drawdown Comparison
The maximum HBAR-USD drawdown since its inception was -92.80%, roughly equal to the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for HBAR-USD and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
HBAR-USD vs. BTC-USD - Volatility Comparison
HederaHashgraph (HBAR-USD) has a higher volatility of 62.21% compared to Bitcoin (BTC-USD) at 13.51%. This indicates that HBAR-USD'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.