NEAR-USD vs. ADA-USD
Compare and contrast key facts about NEAR Protocol (NEAR-USD) and Cardano (ADA-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEAR-USD or ADA-USD.
Correlation
The correlation between NEAR-USD and ADA-USD is 0.34, 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
NEAR-USD vs. ADA-USD - Performance Comparison
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Key characteristics
NEAR-USD:
-0.65
ADA-USD:
0.59
NEAR-USD:
0.21
ADA-USD:
3.01
NEAR-USD:
1.02
ADA-USD:
1.32
NEAR-USD:
0.00
ADA-USD:
1.71
NEAR-USD:
-0.67
ADA-USD:
8.32
NEAR-USD:
45.64%
ADA-USD:
29.19%
NEAR-USD:
82.88%
ADA-USD:
95.84%
NEAR-USD:
-95.12%
ADA-USD:
-97.85%
NEAR-USD:
-85.76%
ADA-USD:
-74.35%
Returns By Period
In the year-to-date period, NEAR-USD achieves a -41.31% return, which is significantly lower than ADA-USD's -9.78% return.
NEAR-USD
-41.31%
46.37%
-48.65%
-64.09%
N/A
N/A
ADA-USD
-9.78%
24.71%
12.93%
65.60%
71.53%
N/A
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Risk-Adjusted Performance
NEAR-USD vs. ADA-USD — Risk-Adjusted Performance Rank
NEAR-USD
ADA-USD
NEAR-USD vs. ADA-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NEAR Protocol (NEAR-USD) and Cardano (ADA-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
NEAR-USD vs. ADA-USD - Drawdown Comparison
The maximum NEAR-USD drawdown since its inception was -95.12%, roughly equal to the maximum ADA-USD drawdown of -97.85%. Use the drawdown chart below to compare losses from any high point for NEAR-USD and ADA-USD. For additional features, visit the drawdowns tool.
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Volatility
NEAR-USD vs. ADA-USD - Volatility Comparison
NEAR Protocol (NEAR-USD) has a higher volatility of 30.59% compared to Cardano (ADA-USD) at 21.13%. This indicates that NEAR-USD's price experiences larger fluctuations and is considered to be riskier than ADA-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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