JPY=X vs. AA
Compare and contrast key facts about USD/JPY (JPY=X) and Alcoa Corporation (AA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPY=X or AA.
Correlation
The correlation between JPY=X and AA is 0.01, 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
JPY=X vs. AA - Performance Comparison
Key characteristics
JPY=X:
-0.18
AA:
0.81
JPY=X:
-0.18
AA:
1.39
JPY=X:
0.98
AA:
1.16
JPY=X:
-0.13
AA:
0.52
JPY=X:
-0.27
AA:
2.29
JPY=X:
6.27%
AA:
16.41%
JPY=X:
9.45%
AA:
46.34%
JPY=X:
-52.58%
AA:
-90.90%
JPY=X:
-7.00%
AA:
-59.63%
Returns By Period
In the year-to-date period, JPY=X achieves a -4.34% return, which is significantly lower than AA's -1.40% return.
JPY=X
-4.34%
-3.31%
2.81%
0.06%
5.53%
2.22%
AA
-1.40%
-3.52%
14.82%
34.80%
19.12%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
JPY=X vs. AA — Risk-Adjusted Performance Rank
JPY=X
AA
JPY=X vs. AA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/JPY (JPY=X) and Alcoa Corporation (AA). 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
JPY=X vs. AA - Drawdown Comparison
The maximum JPY=X drawdown since its inception was -52.58%, smaller than the maximum AA drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for JPY=X and AA. For additional features, visit the drawdowns tool.
Volatility
JPY=X vs. AA - Volatility Comparison
The current volatility for USD/JPY (JPY=X) is 2.92%, while Alcoa Corporation (AA) has a volatility of 9.41%. This indicates that JPY=X experiences smaller price fluctuations and is considered to be less risky than AA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.