PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
LTC-USD vs. SHIB-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

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.


-0.50.00.51.00.6

Performance

LTC-USD vs. SHIB-USD - Performance Comparison

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

-20.00%0.00%20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
52.89%
31.60%
LTC-USD
SHIB-USD

Key characteristics

Sharpe Ratio

LTC-USD:

0.80

SHIB-USD:

0.04

Sortino Ratio

LTC-USD:

1.47

SHIB-USD:

0.82

Omega Ratio

LTC-USD:

1.16

SHIB-USD:

1.08

Calmar Ratio

LTC-USD:

0.27

SHIB-USD:

0.01

Martin Ratio

LTC-USD:

2.93

SHIB-USD:

0.11

Ulcer Index

LTC-USD:

19.42%

SHIB-USD:

33.17%

Daily Std Dev

LTC-USD:

62.60%

SHIB-USD:

99.74%

Max Drawdown

LTC-USD:

-97.41%

SHIB-USD:

-92.10%

Current Drawdown

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

YTD

46.35%

1M

7.19%

6M

52.87%

1Y

49.68%

5Y*

21.44%

10Y*

43.99%

SHIB-USD

YTD

117.27%

1M

-13.48%

6M

31.59%

1Y

110.57%

5Y*

N/A

10Y*

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

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.


Sharpe ratio
The chart of Sharpe ratio for LTC-USD, currently valued at 0.80, compared to the broader market0.002.004.006.000.800.04
The chart of Sortino ratio for LTC-USD, currently valued at 1.47, compared to the broader market-1.000.001.002.003.004.005.001.470.82
The chart of Omega ratio for LTC-USD, currently valued at 1.16, compared to the broader market1.001.201.401.161.08
The chart of Calmar ratio for LTC-USD, currently valued at 0.27, compared to the broader market1.002.003.004.005.006.000.270.01
The chart of Martin ratio for LTC-USD, currently valued at 2.93, compared to the broader market0.0010.0020.0030.0040.0050.0060.002.930.11
LTC-USD
SHIB-USD

The current LTC-USD Sharpe Ratio is 0.80, which is higher than the SHIB-USD Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of LTC-USD and SHIB-USD, 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 Ratio-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.80
0.04
LTC-USD
SHIB-USD

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.


-85.00%-80.00%-75.00%-70.00%-65.00%-60.00%JulyAugustSeptemberOctoberNovemberDecember
-71.83%
-72.93%
LTC-USD
SHIB-USD

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.


10.00%15.00%20.00%25.00%30.00%35.00%40.00%45.00%JulyAugustSeptemberOctoberNovemberDecember
37.08%
33.93%
LTC-USD
SHIB-USD
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab