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MIOTA-USD vs. BTG-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between MIOTA-USD and BTG-USD is 0.62, 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

MIOTA-USD vs. BTG-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IOTA (MIOTA-USD) and Bitcoin Gold (BTG-USD). The values are adjusted to include any dividend payments, if applicable.

-50.00%0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
74.38%
-31.66%
MIOTA-USD
BTG-USD

Key characteristics

Sharpe Ratio

MIOTA-USD:

0.22

BTG-USD:

-0.86

Sortino Ratio

MIOTA-USD:

1.14

BTG-USD:

-1.41

Omega Ratio

MIOTA-USD:

1.11

BTG-USD:

0.85

Calmar Ratio

MIOTA-USD:

0.07

BTG-USD:

0.01

Martin Ratio

MIOTA-USD:

0.61

BTG-USD:

-2.14

Ulcer Index

MIOTA-USD:

36.96%

BTG-USD:

32.52%

Daily Std Dev

MIOTA-USD:

81.43%

BTG-USD:

77.12%

Max Drawdown

MIOTA-USD:

-98.08%

BTG-USD:

-98.91%

Current Drawdown

MIOTA-USD:

-94.32%

BTG-USD:

-96.00%

Returns By Period

In the year-to-date period, MIOTA-USD achieves a -1.83% return, which is significantly higher than BTG-USD's -15.99% return.


MIOTA-USD

YTD

-1.83%

1M

83.03%

6M

76.33%

1Y

7.60%

5Y*

12.83%

10Y*

N/A

BTG-USD

YTD

-15.99%

1M

-44.70%

6M

-26.21%

1Y

9.66%

5Y*

27.41%

10Y*

N/A

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Risk-Adjusted Performance

MIOTA-USD vs. BTG-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for IOTA (MIOTA-USD) and Bitcoin Gold (BTG-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 MIOTA-USD, currently valued at 0.22, compared to the broader market0.001.002.003.004.005.000.22-0.86
The chart of Sortino ratio for MIOTA-USD, currently valued at 1.14, compared to the broader market-1.000.001.002.003.004.005.001.14-1.41
The chart of Omega ratio for MIOTA-USD, currently valued at 1.11, compared to the broader market1.001.201.401.110.85
The chart of Calmar ratio for MIOTA-USD, currently valued at 0.07, compared to the broader market1.002.003.004.000.070.01
The chart of Martin ratio for MIOTA-USD, currently valued at 0.61, compared to the broader market0.0010.0020.0030.0040.000.61-2.14
MIOTA-USD
BTG-USD

The current MIOTA-USD Sharpe Ratio is 0.22, which is higher than the BTG-USD Sharpe Ratio of -0.86. The chart below compares the historical Sharpe Ratios of MIOTA-USD and BTG-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-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.22
-0.86
MIOTA-USD
BTG-USD

Drawdowns

MIOTA-USD vs. BTG-USD - Drawdown Comparison

The maximum MIOTA-USD drawdown since its inception was -98.08%, roughly equal to the maximum BTG-USD drawdown of -98.91%. Use the drawdown chart below to compare losses from any high point for MIOTA-USD and BTG-USD. For additional features, visit the drawdowns tool.


-98.00%-96.00%-94.00%-92.00%-90.00%JulyAugustSeptemberOctoberNovemberDecember
-94.32%
-96.00%
MIOTA-USD
BTG-USD

Volatility

MIOTA-USD vs. BTG-USD - Volatility Comparison

IOTA (MIOTA-USD) has a higher volatility of 51.45% compared to Bitcoin Gold (BTG-USD) at 42.50%. This indicates that MIOTA-USD's price experiences larger fluctuations and is considered to be riskier than BTG-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
51.45%
42.50%
MIOTA-USD
BTG-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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