MATIC-USD vs. AVAX-USD
Compare and contrast key facts about Polygon USD (MATIC-USD) and Avalanche (AVAX-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MATIC-USD or AVAX-USD.
Correlation
The correlation between MATIC-USD and AVAX-USD is 0.30, 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
MATIC-USD vs. AVAX-USD - Performance Comparison
Key characteristics
Returns By Period
MATIC-USD
N/A
N/A
N/A
N/A
N/A
N/A
AVAX-USD
-39.03%
10.71%
-17.12%
-35.88%
N/A
N/A
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Risk-Adjusted Performance
MATIC-USD vs. AVAX-USD — Risk-Adjusted Performance Rank
MATIC-USD
AVAX-USD
MATIC-USD vs. AVAX-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Polygon USD (MATIC-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.
Drawdowns
MATIC-USD vs. AVAX-USD - Drawdown Comparison
Volatility
MATIC-USD vs. AVAX-USD - Volatility Comparison
The current volatility for Polygon USD (MATIC-USD) is 0.00%, while Avalanche (AVAX-USD) has a volatility of 27.91%. This indicates that MATIC-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.