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

Correlation

The correlation between HBAR-USD and XRP-USD is 0.59, 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.


-0.50.00.51.00.6

Performance

HBAR-USD vs. XRP-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HederaHashgraph (HBAR-USD) and Ripple (XRP-USD). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
317.54%
374.53%
HBAR-USD
XRP-USD

Key characteristics

Sharpe Ratio

HBAR-USD:

4.10

XRP-USD:

8.96

Sortino Ratio

HBAR-USD:

5.05

XRP-USD:

5.90

Omega Ratio

HBAR-USD:

1.49

XRP-USD:

1.65

Calmar Ratio

HBAR-USD:

5.66

XRP-USD:

7.11

Martin Ratio

HBAR-USD:

13.08

XRP-USD:

69.63

Ulcer Index

HBAR-USD:

51.71%

XRP-USD:

11.39%

Daily Std Dev

HBAR-USD:

122.14%

XRP-USD:

69.49%

Max Drawdown

HBAR-USD:

-92.80%

XRP-USD:

-95.87%

Current Drawdown

HBAR-USD:

-35.05%

XRP-USD:

-33.17%

Returns By Period

In the year-to-date period, HBAR-USD achieves a 282.73% return, which is significantly higher than XRP-USD's 267.07% return.


HBAR-USD

YTD

282.73%

1M

123.42%

6M

317.57%

1Y

255.49%

5Y*

86.09%

10Y*

N/A

XRP-USD

YTD

267.07%

1M

53.66%

6M

376.07%

1Y

267.92%

5Y*

63.92%

10Y*

N/A

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Risk-Adjusted Performance

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

This table presents a comparison of risk-adjusted performance metrics for HederaHashgraph (HBAR-USD) and Ripple (XRP-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 HBAR-USD, currently valued at 4.10, compared to the broader market0.002.004.006.004.108.99
The chart of Sortino ratio for HBAR-USD, currently valued at 5.05, compared to the broader market0.002.004.005.055.91
The chart of Omega ratio for HBAR-USD, currently valued at 1.49, compared to the broader market1.001.201.401.601.491.66
The chart of Calmar ratio for HBAR-USD, currently valued at 5.66, compared to the broader market1.002.003.004.005.006.005.668.10
The chart of Martin ratio for HBAR-USD, currently valued at 13.08, compared to the broader market0.0010.0020.0030.0040.0050.0060.0013.0869.57
HBAR-USD
XRP-USD

The current HBAR-USD Sharpe Ratio is 4.10, which is lower than the XRP-USD Sharpe Ratio of 8.96. The chart below compares the historical Sharpe Ratios of HBAR-USD and XRP-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 Ratio0.002.004.006.008.0010.00JulyAugustSeptemberOctoberNovemberDecember
4.10
8.99
HBAR-USD
XRP-USD

Drawdowns

HBAR-USD vs. XRP-USD - Drawdown Comparison

The maximum HBAR-USD drawdown since its inception was -92.80%, roughly equal to the maximum XRP-USD drawdown of -95.87%. Use the drawdown chart below to compare losses from any high point for HBAR-USD and XRP-USD. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-35.05%
-16.82%
HBAR-USD
XRP-USD

Volatility

HBAR-USD vs. XRP-USD - Volatility Comparison

HederaHashgraph (HBAR-USD) has a higher volatility of 62.56% compared to Ripple (XRP-USD) at 39.47%. This indicates that HBAR-USD's price experiences larger fluctuations and is considered to be riskier than XRP-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
62.56%
39.47%
HBAR-USD
XRP-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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