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NEAR-USD vs. ADA-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

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

The chart below illustrates the hypothetical performance of a $10,000 investment in NEAR Protocol (NEAR-USD) and Cardano (ADA-USD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NEAR-USD:

-0.65

ADA-USD:

0.59

Sortino Ratio

NEAR-USD:

0.21

ADA-USD:

3.01

Omega Ratio

NEAR-USD:

1.02

ADA-USD:

1.32

Calmar Ratio

NEAR-USD:

0.00

ADA-USD:

1.71

Martin Ratio

NEAR-USD:

-0.67

ADA-USD:

8.32

Ulcer Index

NEAR-USD:

45.64%

ADA-USD:

29.19%

Daily Std Dev

NEAR-USD:

82.88%

ADA-USD:

95.84%

Max Drawdown

NEAR-USD:

-95.12%

ADA-USD:

-97.85%

Current Drawdown

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

YTD

-41.31%

1M

46.37%

6M

-48.65%

1Y

-64.09%

5Y*

N/A

10Y*

N/A

ADA-USD

YTD

-9.78%

1M

24.71%

6M

12.93%

1Y

65.60%

5Y*

71.53%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

NEAR-USD vs. ADA-USD — Risk-Adjusted Performance Rank

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

NEAR-USD
The Risk-Adjusted Performance Rank of NEAR-USD is 1313
Overall Rank
The Sharpe Ratio Rank of NEAR-USD is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of NEAR-USD is 1818
Sortino Ratio Rank
The Omega Ratio Rank of NEAR-USD is 1818
Omega Ratio Rank
The Calmar Ratio Rank of NEAR-USD is 77
Calmar Ratio Rank
The Martin Ratio Rank of NEAR-USD is 1616
Martin Ratio Rank

ADA-USD
The Risk-Adjusted Performance Rank of ADA-USD is 8787
Overall Rank
The Sharpe Ratio Rank of ADA-USD is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of ADA-USD is 8686
Sortino Ratio Rank
The Omega Ratio Rank of ADA-USD is 8686
Omega Ratio Rank
The Calmar Ratio Rank of ADA-USD is 8989
Calmar Ratio Rank
The Martin Ratio Rank of ADA-USD is 8888
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current NEAR-USD Sharpe Ratio is -0.65, which is lower than the ADA-USD Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of NEAR-USD and ADA-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.


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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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