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

Correlation

The correlation between NEAR-USD and ATOM-USD is 0.28, 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. ATOM-USD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

NEAR-USD:

-0.56

ATOM-USD:

-0.43

Sortino Ratio

NEAR-USD:

0.43

ATOM-USD:

1.29

Omega Ratio

NEAR-USD:

1.04

ATOM-USD:

1.13

Calmar Ratio

NEAR-USD:

0.00

ATOM-USD:

0.18

Martin Ratio

NEAR-USD:

-0.42

ATOM-USD:

1.10

Ulcer Index

NEAR-USD:

45.30%

ATOM-USD:

40.01%

Daily Std Dev

NEAR-USD:

82.83%

ATOM-USD:

71.58%

Max Drawdown

NEAR-USD:

-95.12%

ATOM-USD:

-91.94%

Current Drawdown

NEAR-USD:

-84.08%

ATOM-USD:

-88.14%

Returns By Period

In the year-to-date period, NEAR-USD achieves a -34.40% return, which is significantly lower than ATOM-USD's -14.59% return.


NEAR-USD

YTD

-34.40%

1M

52.33%

6M

-37.79%

1Y

-54.18%

5Y*

N/A

10Y*

N/A

ATOM-USD

YTD

-14.59%

1M

27.96%

6M

3.14%

1Y

-35.00%

5Y*

16.37%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

NEAR-USD vs. ATOM-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 1414
Overall Rank
The Sharpe Ratio Rank of NEAR-USD is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of NEAR-USD is 1919
Sortino Ratio Rank
The Omega Ratio Rank of NEAR-USD is 1919
Omega Ratio Rank
The Calmar Ratio Rank of NEAR-USD is 55
Calmar Ratio Rank
The Martin Ratio Rank of NEAR-USD is 1616
Martin Ratio Rank

ATOM-USD
The Risk-Adjusted Performance Rank of ATOM-USD is 5050
Overall Rank
The Sharpe Ratio Rank of ATOM-USD is 2323
Sharpe Ratio Rank
The Sortino Ratio Rank of ATOM-USD is 5454
Sortino Ratio Rank
The Omega Ratio Rank of ATOM-USD is 5353
Omega Ratio Rank
The Calmar Ratio Rank of ATOM-USD is 6060
Calmar Ratio Rank
The Martin Ratio Rank of ATOM-USD is 5959
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. ATOM-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NEAR Protocol (NEAR-USD) and Cosmos (ATOM-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 -0.56, which is lower than the ATOM-USD Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of NEAR-USD and ATOM-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. ATOM-USD - Drawdown Comparison

The maximum NEAR-USD drawdown since its inception was -95.12%, roughly equal to the maximum ATOM-USD drawdown of -91.94%. Use the drawdown chart below to compare losses from any high point for NEAR-USD and ATOM-USD. For additional features, visit the drawdowns tool.


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Volatility

NEAR-USD vs. ATOM-USD - Volatility Comparison

NEAR Protocol (NEAR-USD) has a higher volatility of 29.37% compared to Cosmos (ATOM-USD) at 18.98%. This indicates that NEAR-USD's price experiences larger fluctuations and is considered to be riskier than ATOM-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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