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MRAM vs. BTC-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

MRAM vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Everspin Technologies, Inc. (MRAM) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MRAM achieves a 130.60% return, which is significantly higher than BTC-USD's -30.61% return.


MRAM

1D
-5.10%
1M
-36.46%
YTD
130.60%
6M
130.11%
1Y
245.16%
3Y*
37.73%
5Y*
26.30%
10Y*

BTC-USD

1D
-3.08%
1M
-21.40%
YTD
-30.61%
6M
-30.69%
1Y
-42.79%
3Y*
25.82%
5Y*
13.96%
10Y*
57.69%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MRAM vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MRAM
Everspin Technologies, Inc.
130.60%45.23%-29.31%62.59%-50.80%145.65%-12.55%-6.24%-25.20%-9.53%
BTC-USD
Bitcoin
-30.61%-6.27%120.76%155.82%-64.23%59.40%304.57%94.10%-73.37%1,324.24%

Correlation

The correlation between MRAM and BTC-USD is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.37

Correlation (3Y)
Calculated over the trailing 3-year period

0.26

Correlation (5Y)
Calculated over the trailing 5-year period

0.29

Correlation (All Time)
Calculated using the full available price history since Oct 7, 2016

0.15

Over the past year, MRAM and BTC-USD have become more correlated (0.37) than their long-term average of 0.15, meaning their price movements have been converging.

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Return for Risk

MRAM vs. BTC-USD — Risk / Return Rank

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

MRAM
MRAM Risk / Return Rank: 9090
Overall Rank
MRAM Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
MRAM Sortino Ratio Rank: 9090
Sortino Ratio Rank
MRAM Omega Ratio Rank: 8989
Omega Ratio Rank
MRAM Calmar Ratio Rank: 9292
Calmar Ratio Rank
MRAM Martin Ratio Rank: 8989
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 2222
Overall Rank
BTC-USD Sharpe Ratio Rank: 77
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 3030
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 2727
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 3737
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 88
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MRAM vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Everspin Technologies, Inc. (MRAM) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


MRAMBTC-USDDifference
Sharpe ratioReturn per unit of total volatility

+3.29

Sortino ratioReturn per unit of downside risk

+4.48

Omega ratioGain probability vs. loss probability

1.39

0.85

+0.54

Calmar ratioReturn relative to maximum drawdown

4.81

-0.83

+5.64

Martin ratioReturn relative to average drawdown

10.03

-1.40

+11.43

MRAM vs. BTC-USD - Sharpe Ratio Comparison

The current MRAM Sharpe Ratio is 2.29, which is higher than the BTC-USD Sharpe Ratio of -1.00. The chart below compares the historical Sharpe Ratios of MRAM and BTC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

MRAM vs. BTC-USD - Drawdown Comparison

The maximum MRAM drawdown since its inception was -91.28%, which is greater than BTC-USD's maximum drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for MRAM and BTC-USD.


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Drawdown Indicators


MRAMBTC-USDDifference

Max Drawdown

Largest peak-to-trough decline

-91.28%

-85.30%

-5.98%

Max Drawdown (1Y)

Largest decline over 1 year

-51.37%

-51.32%

-0.05%

Max Drawdown (3Y)

Largest decline over 3 years

-57.89%

-51.32%

-6.57%

Max Drawdown (5Y)

Largest decline over 5 years

-67.02%

-76.67%

+9.65%

Max Drawdown (10Y)

Largest decline over 10 years

-83.80%

Current Drawdown

Current decline from peak

-51.37%

-51.32%

-0.05%

Average Drawdown

Average peak-to-trough decline

-64.89%

-42.41%

-22.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

24.56%

31.43%

-6.87%

Volatility

MRAM vs. BTC-USD - Volatility Comparison

Everspin Technologies, Inc. (MRAM) has a higher volatility of 37.74% compared to Bitcoin (BTC-USD) at 12.46%. This indicates that MRAM'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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Volatility by Period


MRAMBTC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

37.74%

12.46%

+25.28%

Volatility (6M)

Calculated over the trailing 6-month period

91.34%

34.72%

+56.62%

Volatility (1Y)

Calculated over the trailing 1-year period

107.61%

35.61%

+72.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

76.98%

44.27%

+32.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

78.69%

56.41%

+22.28%

Frequently Asked Questions


MRAM and BTC-USD have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MRAM has higher volatility (37.74%) compared to BTC-USD (12.46%). In terms of maximum drawdown, MRAM dropped -91.28% vs BTC-USD's -85.30%.

MRAM currently has the higher Sharpe Ratio (2.29 vs -1.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for MRAM and BTC-USD

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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