LINK-USD vs. AVAX-USD
Compare and contrast key facts about ChainLink (LINK-USD) and Avalanche (AVAX-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LINK-USD or AVAX-USD.
Correlation
The correlation between LINK-USD and AVAX-USD is 0.31, 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
LINK-USD vs. AVAX-USD - Performance Comparison
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Key characteristics
LINK-USD:
0.29
AVAX-USD:
-0.27
LINK-USD:
1.95
AVAX-USD:
1.05
LINK-USD:
1.19
AVAX-USD:
1.10
LINK-USD:
0.65
AVAX-USD:
0.08
LINK-USD:
3.23
AVAX-USD:
0.57
LINK-USD:
32.68%
AVAX-USD:
40.67%
LINK-USD:
82.07%
AVAX-USD:
79.56%
LINK-USD:
-90.19%
AVAX-USD:
-93.47%
LINK-USD:
-67.31%
AVAX-USD:
-81.60%
Returns By Period
In the year-to-date period, LINK-USD achieves a -14.69% return, which is significantly higher than AVAX-USD's -30.65% return.
LINK-USD
-14.69%
34.77%
19.42%
28.29%
35.82%
N/A
AVAX-USD
-30.65%
29.18%
-22.61%
-26.07%
N/A
N/A
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Risk-Adjusted Performance
LINK-USD vs. AVAX-USD — Risk-Adjusted Performance Rank
LINK-USD
AVAX-USD
LINK-USD vs. AVAX-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ChainLink (LINK-USD) and Avalanche (AVAX-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.
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Drawdowns
LINK-USD vs. AVAX-USD - Drawdown Comparison
The maximum LINK-USD drawdown since its inception was -90.19%, roughly equal to the maximum AVAX-USD drawdown of -93.47%. Use the drawdown chart below to compare losses from any high point for LINK-USD and AVAX-USD. For additional features, visit the drawdowns tool.
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Volatility
LINK-USD vs. AVAX-USD - Volatility Comparison
The current volatility for ChainLink (LINK-USD) is 21.19%, while Avalanche (AVAX-USD) has a volatility of 24.88%. This indicates that LINK-USD experiences smaller price fluctuations and is considered to be less risky than AVAX-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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