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 0.31, 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. DOGE-USD - Performance Comparison
Key characteristics
NEAR-USD:
-0.50
DOGE-USD:
1.33
NEAR-USD:
-0.26
DOGE-USD:
2.14
NEAR-USD:
0.98
DOGE-USD:
1.22
NEAR-USD:
0.00
DOGE-USD:
0.87
NEAR-USD:
-1.16
DOGE-USD:
3.85
NEAR-USD:
41.89%
DOGE-USD:
35.82%
NEAR-USD:
81.65%
DOGE-USD:
80.98%
NEAR-USD:
-95.13%
DOGE-USD:
-95.27%
NEAR-USD:
-87.47%
DOGE-USD:
-73.70%
Returns By Period
In the year-to-date period, NEAR-USD achieves a -48.20% return, which is significantly lower than DOGE-USD's -42.20% return.
NEAR-USD
-48.20%
-14.94%
-39.09%
-64.43%
N/A
N/A
DOGE-USD
-42.20%
-6.34%
39.27%
20.52%
139.79%
112.23%
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Risk-Adjusted Performance
NEAR-USD vs. DOGE-USD — Risk-Adjusted Performance Rank
NEAR-USD
DOGE-USD
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 29.85% compared to Dogecoin (DOGE-USD) at 27.43%. 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.