SHIB-USD vs. AVAX-USD

The year-to-date returns for both stocks are quite close, with SHIB-USD having a -35.93% return and AVAX-USD slightly lower at -37.41%.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

This table presents a comparison of risk-adjusted performance metrics for Shiba Inu (SHIB-USD) and Avalanche (AVAX-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.

The current SHIB-USD Sharpe Ratio is -0.01, which is lower than the AVAX-USD Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of SHIB-USD and AVAX-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The maximum SHIB-USD drawdown since its inception was -92.10%, roughly equal to the maximum AVAX-USD drawdown of -93.48%. Use the drawdown chart below to compare losses from any high point for SHIB-USD and AVAX-USD. For additional features, visit the drawdowns tool.

The current volatility for Shiba Inu (SHIB-USD) is 23.45%, while Avalanche (AVAX-USD) has a volatility of 29.84%. This indicates that SHIB-USD experiences smaller price fluctuations and is considered to be less risky than AVAX-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.