NEAR-USD vs. LTC-USD
Compare and contrast key facts about NEAR Protocol (NEAR-USD) and Litecoin (LTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEAR-USD or LTC-USD.
Correlation
The correlation between NEAR-USD and LTC-USD is 0.32, 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. LTC-USD - Performance Comparison
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Key characteristics
NEAR-USD:
-0.56
LTC-USD:
0.36
NEAR-USD:
0.43
LTC-USD:
1.82
NEAR-USD:
1.04
LTC-USD:
1.20
NEAR-USD:
0.00
LTC-USD:
0.58
NEAR-USD:
-0.42
LTC-USD:
4.42
NEAR-USD:
45.30%
LTC-USD:
22.37%
NEAR-USD:
82.83%
LTC-USD:
66.11%
NEAR-USD:
-95.12%
LTC-USD:
-97.41%
NEAR-USD:
-84.08%
LTC-USD:
-73.20%
Returns By Period
In the year-to-date period, NEAR-USD achieves a -34.40% return, which is significantly lower than LTC-USD's 0.48% return.
NEAR-USD
-34.40%
52.33%
-37.79%
-54.18%
N/A
N/A
LTC-USD
0.48%
34.36%
37.26%
31.54%
19.32%
53.22%
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Risk-Adjusted Performance
NEAR-USD vs. LTC-USD — Risk-Adjusted Performance Rank
NEAR-USD
LTC-USD
NEAR-USD vs. LTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NEAR Protocol (NEAR-USD) and Litecoin (LTC-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.
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Drawdowns
NEAR-USD vs. LTC-USD - Drawdown Comparison
The maximum NEAR-USD drawdown since its inception was -95.12%, roughly equal to the maximum LTC-USD drawdown of -97.41%. Use the drawdown chart below to compare losses from any high point for NEAR-USD and LTC-USD. For additional features, visit the drawdowns tool.
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Volatility
NEAR-USD vs. LTC-USD - Volatility Comparison
NEAR Protocol (NEAR-USD) has a higher volatility of 29.37% compared to Litecoin (LTC-USD) at 18.50%. This indicates that NEAR-USD's price experiences larger fluctuations and is considered to be riskier than LTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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