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HBAR-USD vs. SOL-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


HBAR-USDSOL-USD
YTD Return-39.19%96.97%
1Y Return-12.60%339.96%
3Y Return (Ann)-50.40%-5.80%
Sharpe Ratio-0.581.03
Sortino Ratio-0.941.79
Omega Ratio0.911.17
Calmar Ratio0.010.79
Martin Ratio-1.353.56
Ulcer Index51.16%24.31%
Daily Std Dev91.63%76.35%
Max Drawdown-92.80%-96.27%
Current Drawdown-89.68%-22.78%

Correlation

-0.50.00.51.00.6

The correlation between HBAR-USD and SOL-USD is 0.57, 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. SOL-USD - Performance Comparison

In the year-to-date period, HBAR-USD achieves a -39.19% return, which is significantly lower than SOL-USD's 96.97% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-60.00%-40.00%-20.00%0.00%20.00%40.00%JuneJulyAugustSeptemberOctoberNovember
-50.60%
36.74%
HBAR-USD
SOL-USD

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Risk-Adjusted Performance

HBAR-USD vs. SOL-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for HederaHashgraph (HBAR-USD) and Solana (SOL-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.


HBAR-USD
Sharpe ratio
The chart of Sharpe ratio for HBAR-USD, currently valued at -0.58, compared to the broader market-1.00-0.500.000.501.00-0.58
Sortino ratio
The chart of Sortino ratio for HBAR-USD, currently valued at -0.94, compared to the broader market-2.00-1.000.001.00-0.94
Omega ratio
The chart of Omega ratio for HBAR-USD, currently valued at 0.91, compared to the broader market0.901.001.101.200.91
Calmar ratio
The chart of Calmar ratio for HBAR-USD, currently valued at 0.01, compared to the broader market0.200.400.600.01
Martin ratio
The chart of Martin ratio for HBAR-USD, currently valued at -1.34, compared to the broader market0.002.004.00-1.35
SOL-USD
Sharpe ratio
The chart of Sharpe ratio for SOL-USD, currently valued at 1.03, compared to the broader market-1.00-0.500.000.501.001.03
Sortino ratio
The chart of Sortino ratio for SOL-USD, currently valued at 1.79, compared to the broader market-2.00-1.000.001.001.79
Omega ratio
The chart of Omega ratio for SOL-USD, currently valued at 1.17, compared to the broader market0.901.001.101.201.17
Calmar ratio
The chart of Calmar ratio for SOL-USD, currently valued at 0.79, compared to the broader market0.200.400.600.79
Martin ratio
The chart of Martin ratio for SOL-USD, currently valued at 3.56, compared to the broader market0.002.004.003.56

HBAR-USD vs. SOL-USD - Sharpe Ratio Comparison

The current HBAR-USD Sharpe Ratio is -0.58, which is lower than the SOL-USD Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of HBAR-USD and SOL-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-5.000.005.0010.0015.0020.0025.0030.00JuneJulyAugustSeptemberOctoberNovember
-0.58
1.03
HBAR-USD
SOL-USD

Drawdowns

HBAR-USD vs. SOL-USD - Drawdown Comparison

The maximum HBAR-USD drawdown since its inception was -92.80%, roughly equal to the maximum SOL-USD drawdown of -96.27%. Use the drawdown chart below to compare losses from any high point for HBAR-USD and SOL-USD. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%JuneJulyAugustSeptemberOctoberNovember
-89.68%
-22.78%
HBAR-USD
SOL-USD

Volatility

HBAR-USD vs. SOL-USD - Volatility Comparison

HederaHashgraph (HBAR-USD) and Solana (SOL-USD) have volatilities of 20.61% and 20.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%60.00%70.00%JuneJulyAugustSeptemberOctoberNovember
20.61%
20.06%
HBAR-USD
SOL-USD