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MATIC-USD vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between MATIC-USD and BTC-USD is 0.57, 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

MATIC-USD vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MaticNetwork (MATIC-USD) and Bitcoin (BTC-USD). 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%JulyAugustSeptemberOctoberNovemberDecember
-10.83%
57.08%
MATIC-USD
BTC-USD

Key characteristics

Sharpe Ratio

MATIC-USD:

-0.48

BTC-USD:

1.56

Sortino Ratio

MATIC-USD:

-0.30

BTC-USD:

2.30

Omega Ratio

MATIC-USD:

0.97

BTC-USD:

1.23

Calmar Ratio

MATIC-USD:

0.01

BTC-USD:

1.37

Martin Ratio

MATIC-USD:

-1.11

BTC-USD:

7.28

Ulcer Index

MATIC-USD:

35.43%

BTC-USD:

10.81%

Daily Std Dev

MATIC-USD:

70.86%

BTC-USD:

44.36%

Max Drawdown

MATIC-USD:

-89.89%

BTC-USD:

-93.07%

Current Drawdown

MATIC-USD:

-82.66%

BTC-USD:

-10.79%

Returns By Period

In the year-to-date period, MATIC-USD achieves a -48.45% return, which is significantly lower than BTC-USD's 124.03% return.


MATIC-USD

YTD

-48.45%

1M

-11.94%

6M

-10.83%

1Y

-41.21%

5Y*

99.89%

10Y*

N/A

BTC-USD

YTD

124.03%

1M

-3.16%

6M

57.08%

1Y

120.12%

5Y*

67.07%

10Y*

76.22%

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Risk-Adjusted Performance

MATIC-USD vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MaticNetwork (MATIC-USD) and Bitcoin (BTC-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 MATIC-USD, currently valued at -0.48, compared to the broader market0.002.004.006.008.00-0.481.56
The chart of Sortino ratio for MATIC-USD, currently valued at -0.30, compared to the broader market-1.000.001.002.003.004.005.00-0.302.30
The chart of Omega ratio for MATIC-USD, currently valued at 0.97, compared to the broader market1.001.201.401.600.971.23
The chart of Calmar ratio for MATIC-USD, currently valued at 0.01, compared to the broader market2.004.006.000.011.37
The chart of Martin ratio for MATIC-USD, currently valued at -1.11, compared to the broader market0.0010.0020.0030.0040.0050.0060.00-1.117.28
MATIC-USD
BTC-USD

The current MATIC-USD Sharpe Ratio is -0.48, which is lower than the BTC-USD Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of MATIC-USD and BTC-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-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.48
1.56
MATIC-USD
BTC-USD

Drawdowns

MATIC-USD vs. BTC-USD - Drawdown Comparison

The maximum MATIC-USD drawdown since its inception was -89.89%, roughly equal to the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for MATIC-USD and BTC-USD. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-82.66%
-10.79%
MATIC-USD
BTC-USD

Volatility

MATIC-USD vs. BTC-USD - Volatility Comparison

MaticNetwork (MATIC-USD) has a higher volatility of 31.97% compared to Bitcoin (BTC-USD) at 13.51%. This indicates that MATIC-USD's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
31.97%
13.51%
MATIC-USD
BTC-USD
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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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