QTUM-USD vs. IBM
Compare and contrast key facts about QTUM (QTUM-USD) and International Business Machines Corporation (IBM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QTUM-USD or IBM.
Correlation
The correlation between QTUM-USD and IBM is 0.22, 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
QTUM-USD vs. IBM - Performance Comparison
Key characteristics
QTUM-USD:
0.01
IBM:
1.12
QTUM-USD:
0.75
IBM:
1.66
QTUM-USD:
1.08
IBM:
1.25
QTUM-USD:
0.00
IBM:
1.89
QTUM-USD:
0.02
IBM:
5.25
QTUM-USD:
39.20%
IBM:
6.07%
QTUM-USD:
77.34%
IBM:
28.59%
QTUM-USD:
-98.90%
IBM:
-69.40%
QTUM-USD:
-97.63%
IBM:
-12.21%
Returns By Period
In the year-to-date period, QTUM-USD achieves a -25.47% return, which is significantly lower than IBM's 6.43% return.
QTUM-USD
-25.47%
1.42%
1.53%
-44.09%
7.91%
N/A
IBM
6.43%
-7.16%
9.84%
42.22%
19.68%
7.98%
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Risk-Adjusted Performance
QTUM-USD vs. IBM — Risk-Adjusted Performance Rank
QTUM-USD
IBM
QTUM-USD vs. IBM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for QTUM (QTUM-USD) and International Business Machines Corporation (IBM). 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
QTUM-USD vs. IBM - Drawdown Comparison
The maximum QTUM-USD drawdown since its inception was -98.90%, which is greater than IBM's maximum drawdown of -69.40%. Use the drawdown chart below to compare losses from any high point for QTUM-USD and IBM. For additional features, visit the drawdowns tool.
Volatility
QTUM-USD vs. IBM - Volatility Comparison
QTUM (QTUM-USD) has a higher volatility of 22.22% compared to International Business Machines Corporation (IBM) at 13.50%. This indicates that QTUM-USD's price experiences larger fluctuations and is considered to be riskier than IBM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.