LTC-USD vs. SHIB-USD
Compare and contrast key facts about Litecoin (LTC-USD) and Shiba Inu (SHIB-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LTC-USD or SHIB-USD.
Correlation
The correlation between LTC-USD and SHIB-USD is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LTC-USD vs. SHIB-USD - Performance Comparison
Key characteristics
LTC-USD:
0.80
SHIB-USD:
0.04
LTC-USD:
1.47
SHIB-USD:
0.82
LTC-USD:
1.16
SHIB-USD:
1.08
LTC-USD:
0.27
SHIB-USD:
0.01
LTC-USD:
2.93
SHIB-USD:
0.11
LTC-USD:
19.42%
SHIB-USD:
33.17%
LTC-USD:
62.60%
SHIB-USD:
99.74%
LTC-USD:
-97.41%
SHIB-USD:
-92.10%
LTC-USD:
-72.42%
SHIB-USD:
-72.93%
Returns By Period
In the year-to-date period, LTC-USD achieves a 46.35% return, which is significantly lower than SHIB-USD's 117.27% return.
LTC-USD
46.35%
7.19%
52.87%
49.68%
21.44%
43.99%
SHIB-USD
117.27%
-13.48%
31.59%
110.57%
N/A
N/A
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Risk-Adjusted Performance
LTC-USD vs. SHIB-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Litecoin (LTC-USD) and Shiba Inu (SHIB-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.
Drawdowns
LTC-USD vs. SHIB-USD - Drawdown Comparison
The maximum LTC-USD drawdown since its inception was -97.41%, which is greater than SHIB-USD's maximum drawdown of -92.10%. Use the drawdown chart below to compare losses from any high point for LTC-USD and SHIB-USD. For additional features, visit the drawdowns tool.
Volatility
LTC-USD vs. SHIB-USD - Volatility Comparison
Litecoin (LTC-USD) has a higher volatility of 37.08% compared to Shiba Inu (SHIB-USD) at 33.93%. This indicates that LTC-USD's price experiences larger fluctuations and is considered to be riskier than SHIB-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.