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

Correlation

The correlation between NEAR-USD and DOGE-USD is 0.30, 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. DOGE-USD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

NEAR-USD:

-0.56

DOGE-USD:

0.63

Sortino Ratio

NEAR-USD:

0.43

DOGE-USD:

2.91

Omega Ratio

NEAR-USD:

1.04

DOGE-USD:

1.30

Calmar Ratio

NEAR-USD:

0.00

DOGE-USD:

2.07

Martin Ratio

NEAR-USD:

-0.42

DOGE-USD:

7.04

Ulcer Index

NEAR-USD:

45.30%

DOGE-USD:

39.17%

Daily Std Dev

NEAR-USD:

82.83%

DOGE-USD:

82.53%

Max Drawdown

NEAR-USD:

-95.12%

DOGE-USD:

-95.27%

Current Drawdown

NEAR-USD:

-84.08%

DOGE-USD:

-64.77%

Returns By Period

In the year-to-date period, NEAR-USD achieves a -34.40% return, which is significantly lower than DOGE-USD's -23.59% return.


NEAR-USD

YTD

-34.40%

1M

52.33%

6M

-37.79%

1Y

-54.18%

5Y*

N/A

10Y*

N/A

DOGE-USD

YTD

-23.59%

1M

52.18%

6M

-39.62%

1Y

65.88%

5Y*

149.41%

10Y*

114.91%

*Annualized

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Risk-Adjusted Performance

NEAR-USD vs. DOGE-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

DOGE-USD
The Risk-Adjusted Performance Rank of DOGE-USD is 8787
Overall Rank
The Sharpe Ratio Rank of DOGE-USD is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of DOGE-USD is 8787
Sortino Ratio Rank
The Omega Ratio Rank of DOGE-USD is 8585
Omega Ratio Rank
The Calmar Ratio Rank of DOGE-USD is 9292
Calmar Ratio Rank
The Martin Ratio Rank of DOGE-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. DOGE-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NEAR Protocol (NEAR-USD) and Dogecoin (DOGE-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 DOGE-USD Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of NEAR-USD and DOGE-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. DOGE-USD - Drawdown Comparison

The maximum NEAR-USD drawdown since its inception was -95.12%, roughly equal to the maximum DOGE-USD drawdown of -95.27%. Use the drawdown chart below to compare losses from any high point for NEAR-USD and DOGE-USD. For additional features, visit the drawdowns tool.


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Volatility

NEAR-USD vs. DOGE-USD - Volatility Comparison

NEAR Protocol (NEAR-USD) and Dogecoin (DOGE-USD) have volatilities of 29.37% and 28.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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