MTA vs. AUD=X
Compare and contrast key facts about Metalla Royalty & Streaming Ltd. (MTA) and USD/AUD (AUD=X).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MTA or AUD=X.
Key characteristics
| MTA | AUD=X | |
|---|---|---|
| YTD Return | -2.60% | 5.40% |
| 1Y Return | 6.38% | 0.70% |
| 3Y Return (Ann) | -29.12% | 3.77% |
| 5Y Return (Ann) | -5.83% | 0.99% |
| Sharpe Ratio | 0.27 | 0.24 |
| Sortino Ratio | 0.85 | 0.42 |
| Omega Ratio | 1.09 | 1.05 |
| Calmar Ratio | 0.19 | 0.06 |
| Martin Ratio | 0.99 | 0.52 |
| Ulcer Index | 15.55% | 3.57% |
| Daily Std Dev | 56.27% | 7.70% |
| Max Drawdown | -81.73% | -56.54% |
| Current Drawdown | -77.07% | -25.84% |
Correlation
The correlation between MTA and AUD=X is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
MTA vs. AUD=X - Performance Comparison
In the year-to-date period, MTA achieves a -2.60% return, which is significantly lower than AUD=X's 5.40% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
MTA vs. AUD=X - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Metalla Royalty & Streaming Ltd. (MTA) and USD/AUD (AUD=X). 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.
Drawdowns
MTA vs. AUD=X - Drawdown Comparison
The maximum MTA drawdown since its inception was -81.73%, which is greater than AUD=X's maximum drawdown of -56.54%. Use the drawdown chart below to compare losses from any high point for MTA and AUD=X. For additional features, visit the drawdowns tool.
Volatility
MTA vs. AUD=X - Volatility Comparison
Metalla Royalty & Streaming Ltd. (MTA) has a higher volatility of 14.17% compared to USD/AUD (AUD=X) at 0.34%. This indicates that MTA's price experiences larger fluctuations and is considered to be riskier than AUD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.