NEAR-USD vs. DOGE-USD
Compare and contrast key facts about NEAR Protocol (NEAR-USD) and Dogecoin (DOGE-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEAR-USD or DOGE-USD.
Correlation
The correlation between NEAR-USD and DOGE-USD is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NEAR-USD vs. DOGE-USD - Performance Comparison
Key characteristics
NEAR-USD:
0.06
DOGE-USD:
1.84
NEAR-USD:
0.83
DOGE-USD:
2.64
NEAR-USD:
1.08
DOGE-USD:
1.25
NEAR-USD:
0.01
DOGE-USD:
1.17
NEAR-USD:
0.16
DOGE-USD:
6.52
NEAR-USD:
35.80%
DOGE-USD:
26.79%
NEAR-USD:
94.35%
DOGE-USD:
85.28%
NEAR-USD:
-95.13%
DOGE-USD:
-95.27%
NEAR-USD:
-73.21%
DOGE-USD:
-53.27%
Returns By Period
In the year-to-date period, NEAR-USD achieves a 48.62% return, which is significantly lower than DOGE-USD's 262.37% return.
NEAR-USD
48.62%
-12.36%
1.04%
42.43%
N/A
N/A
DOGE-USD
262.37%
-24.60%
172.35%
252.81%
174.41%
110.43%
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Risk-Adjusted Performance
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.
Drawdowns
NEAR-USD vs. DOGE-USD - Drawdown Comparison
The maximum NEAR-USD drawdown since its inception was -95.13%, 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.
Volatility
NEAR-USD vs. DOGE-USD - Volatility Comparison
NEAR Protocol (NEAR-USD) has a higher volatility of 31.96% compared to Dogecoin (DOGE-USD) at 26.91%. This indicates that NEAR-USD's price experiences larger fluctuations and is considered to be riskier than DOGE-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.