Correlation
The correlation between HURA and GBTC is 0.14, 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.
HURA vs. GBTC
Compare and contrast key facts about TuHURA Biosciences, Inc. (HURA) and Grayscale Bitcoin Trust (BTC) (GBTC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HURA or GBTC.
Performance
HURA vs. GBTC - Performance Comparison
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Key characteristics
HURA:
-0.52
GBTC:
0.98
HURA:
0.29
GBTC:
1.62
HURA:
1.03
GBTC:
1.19
HURA:
-0.54
GBTC:
1.83
HURA:
-0.97
GBTC:
4.06
HURA:
55.07%
GBTC:
12.84%
HURA:
140.87%
GBTC:
52.84%
HURA:
-100.00%
GBTC:
-89.91%
HURA:
-100.00%
GBTC:
-5.98%
Fundamentals
Returns By Period
In the year-to-date period, HURA achieves a -25.18% return, which is significantly lower than GBTC's 11.42% return. Over the past 10 years, HURA has underperformed GBTC with an annualized return of -56.61%, while GBTC has yielded a comparatively higher 76.27% annualized return.
HURA
-25.18%
-21.54%
-53.35%
-71.80%
-78.66%
-71.80%
-56.61%
GBTC
11.42%
8.20%
6.98%
53.90%
65.13%
53.39%
76.27%
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Risk-Adjusted Performance
HURA vs. GBTC — Risk-Adjusted Performance Rank
HURA
GBTC
HURA vs. GBTC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TuHURA Biosciences, Inc. (HURA) and Grayscale Bitcoin Trust (BTC) (GBTC). 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.
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Dividends
HURA vs. GBTC - Dividend Comparison
Neither HURA nor GBTC has paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|---|---|
HURA TuHURA Biosciences, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GBTC Grayscale Bitcoin Trust (BTC) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.26% |
Drawdowns
HURA vs. GBTC - Drawdown Comparison
The maximum HURA drawdown since its inception was -100.00%, which is greater than GBTC's maximum drawdown of -89.91%. Use the drawdown chart below to compare losses from any high point for HURA and GBTC.
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Volatility
HURA vs. GBTC - Volatility Comparison
TuHURA Biosciences, Inc. (HURA) has a higher volatility of 23.31% compared to Grayscale Bitcoin Trust (BTC) (GBTC) at 9.39%. This indicates that HURA's price experiences larger fluctuations and is considered to be riskier than GBTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
HURA vs. GBTC - Financials Comparison
This section allows you to compare key financial metrics between TuHURA Biosciences, Inc. and Grayscale Bitcoin Trust (BTC). You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities