MGNT.ME vs. BTC-USD
Compare and contrast key facts about Public Joint Stock Company Magnit (MGNT.ME) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGNT.ME or BTC-USD.
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
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Key characteristics
MGNT.ME:
-1.24
BTC-USD:
1.35
MGNT.ME:
-2.00
BTC-USD:
2.98
MGNT.ME:
0.77
BTC-USD:
1.31
MGNT.ME:
-0.94
BTC-USD:
2.29
MGNT.ME:
-1.25
BTC-USD:
10.94
MGNT.ME:
37.62%
BTC-USD:
11.22%
MGNT.ME:
37.37%
BTC-USD:
42.42%
MGNT.ME:
-78.63%
BTC-USD:
-93.07%
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
-15.29%
0.12%
-9.78%
-46.90%
9.51%
-4.10%
BTC-USD
10.50%
25.03%
34.88%
63.75%
63.84%
83.33%
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Risk-Adjusted Performance
MGNT.ME vs. BTC-USD — Risk-Adjusted Performance Rank
MGNT.ME
BTC-USD
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.
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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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