POU.TO vs. BTC-USD
Compare and contrast key facts about Paramount Resources Ltd. (POU.TO) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: POU.TO or BTC-USD.
Correlation
The correlation between POU.TO and BTC-USD is 0.04, 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
POU.TO vs. BTC-USD - Performance Comparison
Key characteristics
POU.TO:
0.88
BTC-USD:
1.30
POU.TO:
1.46
BTC-USD:
2.01
POU.TO:
1.20
BTC-USD:
1.20
POU.TO:
0.55
BTC-USD:
1.04
POU.TO:
2.78
BTC-USD:
6.52
POU.TO:
10.25%
BTC-USD:
9.79%
POU.TO:
32.47%
BTC-USD:
43.76%
POU.TO:
-98.41%
BTC-USD:
-93.07%
POU.TO:
-36.60%
BTC-USD:
-8.14%
Returns By Period
In the year-to-date period, POU.TO achieves a 0.27% return, which is significantly lower than BTC-USD's 4.37% return. Over the past 10 years, POU.TO has underperformed BTC-USD with an annualized return of 1.93%, while BTC-USD has yielded a comparatively higher 82.07% annualized return.
POU.TO
0.27%
3.59%
14.77%
23.96%
49.69%
1.93%
BTC-USD
4.37%
-2.98%
65.57%
87.74%
57.90%
82.07%
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Risk-Adjusted Performance
POU.TO vs. BTC-USD — Risk-Adjusted Performance Rank
POU.TO
BTC-USD
POU.TO vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Paramount Resources Ltd. (POU.TO) and Bitcoin (BTC-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
POU.TO vs. BTC-USD - Drawdown Comparison
The maximum POU.TO drawdown since its inception was -98.41%, which is greater than BTC-USD's maximum drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for POU.TO and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
POU.TO vs. BTC-USD - Volatility Comparison
The current volatility for Paramount Resources Ltd. (POU.TO) is 8.58%, while Bitcoin (BTC-USD) has a volatility of 11.26%. This indicates that POU.TO experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.