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MGNT.ME vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between MGNT.ME and BTC-USD is 0.23, 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

MGNT.ME vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Public Joint Stock Company Magnit (MGNT.ME) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

MGNT.ME:

-1.24

BTC-USD:

1.35

Sortino Ratio

MGNT.ME:

-2.00

BTC-USD:

2.98

Omega Ratio

MGNT.ME:

0.77

BTC-USD:

1.31

Calmar Ratio

MGNT.ME:

-0.94

BTC-USD:

2.29

Martin Ratio

MGNT.ME:

-1.25

BTC-USD:

10.94

Ulcer Index

MGNT.ME:

37.62%

BTC-USD:

11.22%

Daily Std Dev

MGNT.ME:

37.37%

BTC-USD:

42.42%

Max Drawdown

MGNT.ME:

-78.63%

BTC-USD:

-93.07%

Current Drawdown

MGNT.ME:

-47.48%

BTC-USD:

-2.74%

Returns By Period

In the year-to-date period, MGNT.ME achieves a -15.29% return, which is significantly lower than BTC-USD's 10.50% return. Over the past 10 years, MGNT.ME has underperformed BTC-USD with an annualized return of -4.10%, while BTC-USD has yielded a comparatively higher 83.33% annualized return.


MGNT.ME

YTD

-15.29%

1M

0.12%

6M

-9.78%

1Y

-46.90%

5Y*

9.51%

10Y*

-4.10%

BTC-USD

YTD

10.50%

1M

25.03%

6M

34.88%

1Y

63.75%

5Y*

63.84%

10Y*

83.33%

*Annualized

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Risk-Adjusted Performance

MGNT.ME vs. BTC-USD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MGNT.ME
The Risk-Adjusted Performance Rank of MGNT.ME is 55
Overall Rank
The Sharpe Ratio Rank of MGNT.ME is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of MGNT.ME is 22
Sortino Ratio Rank
The Omega Ratio Rank of MGNT.ME is 44
Omega Ratio Rank
The Calmar Ratio Rank of MGNT.ME is 22
Calmar Ratio Rank
The Martin Ratio Rank of MGNT.ME is 1717
Martin Ratio Rank

BTC-USD
The Risk-Adjusted Performance Rank of BTC-USD is 9393
Overall Rank
The Sharpe Ratio Rank of BTC-USD is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of BTC-USD is 9292
Sortino Ratio Rank
The Omega Ratio Rank of BTC-USD is 9090
Omega Ratio Rank
The Calmar Ratio Rank of BTC-USD is 9595
Calmar Ratio Rank
The Martin Ratio Rank of BTC-USD is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MGNT.ME vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Public Joint Stock Company Magnit (MGNT.ME) 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.


The current MGNT.ME Sharpe Ratio is -1.24, which is lower than the BTC-USD Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of MGNT.ME 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.


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Drawdowns

MGNT.ME vs. BTC-USD - Drawdown Comparison

The maximum MGNT.ME drawdown since its inception was -78.63%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for MGNT.ME and BTC-USD. For additional features, visit the drawdowns tool.


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Volatility

MGNT.ME vs. BTC-USD - Volatility Comparison


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