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

Correlation

The correlation between LTC-USD and COIN is 0.38, 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.


-0.50.00.51.00.4

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%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
52.90%
26.30%
LTC-USD
COIN

Key characteristics

Sharpe Ratio

LTC-USD:

0.80

COIN:

0.68

Sortino Ratio

LTC-USD:

1.47

COIN:

1.59

Omega Ratio

LTC-USD:

1.16

COIN:

1.18

Calmar Ratio

LTC-USD:

0.27

COIN:

0.89

Martin Ratio

LTC-USD:

2.93

COIN:

2.56

Ulcer Index

LTC-USD:

19.42%

COIN:

23.28%

Daily Std Dev

LTC-USD:

62.60%

COIN:

87.14%

Max Drawdown

LTC-USD:

-97.41%

COIN:

-90.90%

Current Drawdown

LTC-USD:

-72.42%

COIN:

-24.97%

Returns By Period

In the year-to-date period, LTC-USD achieves a 46.35% return, which is significantly lower than COIN's 54.18% return.


LTC-USD

YTD

46.35%

1M

7.19%

6M

52.87%

1Y

49.68%

5Y*

21.44%

10Y*

43.99%

COIN

YTD

54.18%

1M

-11.98%

6M

26.30%

1Y

52.81%

5Y*

N/A

10Y*

N/A

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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 0.80, compared to the broader market0.002.004.006.008.000.800.35
The chart of Sortino ratio for LTC-USD, currently valued at 1.47, compared to the broader market-1.000.001.002.003.004.005.001.471.20
The chart of Omega ratio for LTC-USD, currently valued at 1.16, compared to the broader market1.001.201.401.601.161.13
The chart of Calmar ratio for LTC-USD, currently valued at 0.27, compared to the broader market2.004.006.000.270.17
The chart of Martin ratio for LTC-USD, currently valued at 2.93, compared to the broader market0.0010.0020.0030.0040.0050.0060.002.931.48
LTC-USD
COIN

The current LTC-USD Sharpe Ratio is 0.80, which is comparable to the COIN Sharpe Ratio of 0.68. 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 Ratio0.001.002.003.004.005.006.00JulyAugustSeptemberOctoberNovemberDecember
0.80
0.35
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%JulyAugustSeptemberOctoberNovemberDecember
-72.42%
-24.97%
LTC-USD
COIN

Volatility

LTC-USD vs. COIN - Volatility Comparison

Litecoin (LTC-USD) has a higher volatility of 37.08% compared to Coinbase Global, Inc. (COIN) at 22.21%. This indicates that LTC-USD's price experiences larger fluctuations and is considered to be riskier 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%JulyAugustSeptemberOctoberNovemberDecember
37.08%
22.21%
LTC-USD
COIN
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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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