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 0.31, 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
Key characteristics
NEAR-USD:
-0.54
ADA-USD:
1.44
NEAR-USD:
-0.39
ADA-USD:
2.72
NEAR-USD:
0.96
ADA-USD:
1.29
NEAR-USD:
0.00
ADA-USD:
1.25
NEAR-USD:
-1.28
ADA-USD:
7.00
NEAR-USD:
41.67%
ADA-USD:
26.96%
NEAR-USD:
81.63%
ADA-USD:
94.89%
NEAR-USD:
-95.13%
ADA-USD:
-97.85%
NEAR-USD:
-87.81%
ADA-USD:
-76.50%
Returns By Period
In the year-to-date period, NEAR-USD achieves a -49.62% return, which is significantly lower than ADA-USD's -17.33% return.
NEAR-USD
-49.62%
-18.41%
-47.61%
-64.09%
N/A
N/A
ADA-USD
-17.33%
-6.39%
101.43%
46.88%
75.13%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Drawdowns
NEAR-USD vs. ADA-USD - Drawdown Comparison
The maximum NEAR-USD drawdown since its inception was -95.13%, 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.
Volatility
NEAR-USD vs. ADA-USD - Volatility Comparison
NEAR Protocol (NEAR-USD) has a higher volatility of 29.98% compared to Cardano (ADA-USD) at 25.31%. 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.