SAND vs. AUD=X
Compare and contrast key facts about Sandstorm Gold Ltd. (SAND) and USD/AUD (AUD=X).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SAND or AUD=X.
Correlation
The correlation between SAND and AUD=X is 0.00, 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
SAND vs. AUD=X - Performance Comparison
Key characteristics
SAND:
1.76
AUD=X:
0.50
SAND:
2.23
AUD=X:
0.84
SAND:
1.31
AUD=X:
1.11
SAND:
0.96
AUD=X:
0.16
SAND:
7.50
AUD=X:
1.89
SAND:
8.43%
AUD=X:
2.55%
SAND:
35.86%
AUD=X:
9.21%
SAND:
-86.60%
AUD=X:
-56.54%
SAND:
-41.69%
AUD=X:
-24.42%
Returns By Period
In the year-to-date period, SAND achieves a 52.52% return, which is significantly higher than AUD=X's -2.42% return. Over the past 10 years, SAND has outperformed AUD=X with an annualized return of 9.48%, while AUD=X has yielded a comparatively lower 1.92% annualized return.
SAND
52.52%
25.41%
44.74%
58.10%
6.49%
9.48%
AUD=X
-2.42%
0.68%
5.13%
0.95%
0.06%
1.92%
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Risk-Adjusted Performance
SAND vs. AUD=X — Risk-Adjusted Performance Rank
SAND
AUD=X
SAND vs. AUD=X - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sandstorm Gold Ltd. (SAND) 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.
Drawdowns
SAND vs. AUD=X - Drawdown Comparison
The maximum SAND drawdown since its inception was -86.60%, which is greater than AUD=X's maximum drawdown of -56.54%. Use the drawdown chart below to compare losses from any high point for SAND and AUD=X. For additional features, visit the drawdowns tool.
Volatility
SAND vs. AUD=X - Volatility Comparison
Sandstorm Gold Ltd. (SAND) has a higher volatility of 14.67% compared to USD/AUD (AUD=X) at 0.78%. This indicates that SAND's price experiences larger fluctuations and is considered to be riskier than AUD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.