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LTC-USD vs. COIN
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Performance

LTC-USD vs. COIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Litecoin (LTC-USD) and Coinbase Global, Inc. (COIN). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%JuneJulyAugustSeptemberOctoberNovember
8.37%
28.19%
LTC-USD
COIN

Returns By Period

In the year-to-date period, LTC-USD achieves a 26.47% return, which is significantly lower than COIN's 75.16% return.


LTC-USD

YTD

26.47%

1M

31.24%

6M

8.34%

1Y

32.45%

5Y (annualized)

15.68%

10Y (annualized)

38.41%

COIN

YTD

75.16%

1M

53.14%

6M

28.19%

1Y

178.85%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


LTC-USDCOIN
Sharpe Ratio0.062.07
Sortino Ratio0.572.76
Omega Ratio1.061.31
Calmar Ratio0.012.64
Martin Ratio0.127.75
Ulcer Index32.32%23.08%
Daily Std Dev55.58%86.58%
Max Drawdown-97.41%-90.90%
Current Drawdown-76.16%-14.76%

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Correlation

-0.50.00.51.00.4

The correlation between LTC-USD and COIN is 0.39, 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.

Risk-Adjusted Performance

LTC-USD vs. COIN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Litecoin (LTC-USD) and Coinbase Global, Inc. (COIN). 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 LTC-USD, currently valued at 0.06, compared to the broader market0.001.002.000.060.45
The chart of Sortino ratio for LTC-USD, currently valued at 0.57, compared to the broader market-1.000.001.002.003.000.571.35
The chart of Omega ratio for LTC-USD, currently valued at 1.06, compared to the broader market0.901.001.101.201.301.401.061.15
The chart of Calmar ratio for LTC-USD, currently valued at 0.01, compared to the broader market0.501.001.502.000.010.24
The chart of Martin ratio for LTC-USD, currently valued at 0.12, compared to the broader market0.005.0010.000.121.58
LTC-USD
COIN

The current LTC-USD Sharpe Ratio is 0.06, which is lower than the COIN Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of LTC-USD and COIN, 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 Ratio0.002.004.006.00JuneJulyAugustSeptemberOctoberNovember
0.06
0.45
LTC-USD
COIN

Drawdowns

LTC-USD vs. COIN - Drawdown Comparison

The maximum LTC-USD drawdown since its inception was -97.41%, which is greater than COIN's maximum drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for LTC-USD and COIN. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-76.16%
-14.76%
LTC-USD
COIN

Volatility

LTC-USD vs. COIN - Volatility Comparison

The current volatility for Litecoin (LTC-USD) is 25.05%, while Coinbase Global, Inc. (COIN) has a volatility of 42.47%. This indicates that LTC-USD experiences smaller price fluctuations and is considered to be less risky than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%35.00%40.00%45.00%JuneJulyAugustSeptemberOctoberNovember
25.05%
42.47%
LTC-USD
COIN