PL=F vs. AUD=X
PL=F (Platinum) is an asset, while AUD=X (USD/AUD) is a currency. At a correlation of -0.01, they often move in opposite directions.
Performance
PL=F vs. AUD=X - Performance Comparison
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Different Trading Currencies
PL=F is traded in USD, while AUD=X is traded in AUD. To make them comparable, the AUD=X values have been converted to USD using the latest available exchange rates.
Returns By Period
PL=F
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AUD=X
- 1D
- -0.01%
- 1M
- -0.00%
- YTD
- -0.02%
- 6M
- -0.04%
- 1Y
- -0.09%
- 3Y*
- 0.00%
- 5Y*
- 0.01%
- 10Y*
- 0.02%
PL=F vs. AUD=X - Yearly Performance Comparison
Correlation
The correlation between PL=F and AUD=X is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 31, 2022 | -0.01 |
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Return for Risk
PL=F vs. AUD=X — Risk / Return Rank
PL=F
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AUD=X
PL=F vs. AUD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Platinum (PL=F) and USD/AUD (AUD=X). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PL=F | AUD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.99 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.09 | — |
| Martin ratioReturn relative to average drawdown | — | -0.12 | — |
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Drawdowns
PL=F vs. AUD=X - Drawdown Comparison
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Drawdown Indicators
| PL=F | AUD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -3.07% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.81% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.22% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -1.22% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -1.44% | — |
Current DrawdownCurrent decline from peak | — | -1.72% | — |
Average DrawdownAverage peak-to-trough decline | — | -1.64% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.11% | — |
Volatility
PL=F vs. AUD=X - Volatility Comparison
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Volatility by Period
| PL=F | AUD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.20% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.72% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 1.19% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 1.05% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 1.33% | — |
Frequently Asked Questions
PL=F and AUD=X have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for PL=F and AUD=X
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