Correlation
The correlation between MIGI and BTC-USD is 0.25, 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.
MIGI vs. BTC-USD
Compare and contrast key facts about Mawson Infrastructure Group, Inc. (MIGI) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIGI or BTC-USD.
Performance
MIGI vs. BTC-USD - Performance Comparison
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Key characteristics
MIGI:
-0.30
BTC-USD:
1.16
MIGI:
0.71
BTC-USD:
3.05
MIGI:
1.09
BTC-USD:
1.32
MIGI:
-0.56
BTC-USD:
2.34
MIGI:
-1.10
BTC-USD:
11.14
MIGI:
50.94%
BTC-USD:
11.19%
MIGI:
179.27%
BTC-USD:
41.34%
MIGI:
-99.90%
BTC-USD:
-93.18%
MIGI:
-99.84%
BTC-USD:
-3.47%
Returns By Period
In the year-to-date period, MIGI achieves a -29.49% return, which is significantly lower than BTC-USD's 15.38% return.
MIGI
-29.49%
-15.45%
-71.77%
-53.02%
-64.13%
-41.83%
N/A
BTC-USD
15.38%
14.34%
12.70%
59.52%
54.12%
62.76%
84.95%
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Risk-Adjusted Performance
MIGI vs. BTC-USD — Risk-Adjusted Performance Rank
MIGI
BTC-USD
MIGI vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mawson Infrastructure Group, Inc. (MIGI) 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
MIGI vs. BTC-USD - Drawdown Comparison
The maximum MIGI drawdown since its inception was -99.90%, which is greater than BTC-USD's maximum drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for MIGI and BTC-USD.
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Volatility
MIGI vs. BTC-USD - Volatility Comparison
Mawson Infrastructure Group, Inc. (MIGI) has a higher volatility of 28.39% compared to Bitcoin (BTC-USD) at 9.98%. This indicates that MIGI'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.
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