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SHIB-USD vs. BNB-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between SHIB-USD and BNB-USD is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

SHIB-USD vs. BNB-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Shiba Inu (SHIB-USD) and Binance Coin (BNB-USD). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
32.77%
14.84%
SHIB-USD
BNB-USD

Key characteristics

Sharpe Ratio

SHIB-USD:

-0.21

BNB-USD:

0.36

Sortino Ratio

SHIB-USD:

0.37

BNB-USD:

0.89

Omega Ratio

SHIB-USD:

1.03

BNB-USD:

1.09

Calmar Ratio

SHIB-USD:

0.02

BNB-USD:

0.15

Martin Ratio

SHIB-USD:

-0.61

BNB-USD:

1.10

Ulcer Index

SHIB-USD:

33.09%

BNB-USD:

17.20%

Daily Std Dev

SHIB-USD:

99.32%

BNB-USD:

49.68%

Max Drawdown

SHIB-USD:

-92.10%

BNB-USD:

-80.10%

Current Drawdown

SHIB-USD:

-71.05%

BNB-USD:

-8.35%

Returns By Period

In the year-to-date period, SHIB-USD achieves a 132.31% return, which is significantly higher than BNB-USD's 120.08% return.


SHIB-USD

YTD

132.31%

1M

-3.34%

6M

32.76%

1Y

137.06%

5Y*

N/A

10Y*

N/A

BNB-USD

YTD

120.08%

1M

11.01%

6M

14.84%

1Y

172.18%

5Y*

119.25%

10Y*

N/A

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Risk-Adjusted Performance

SHIB-USD vs. BNB-USD - Risk-Adjusted Performance Comparison

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


Sharpe ratio
The chart of Sharpe ratio for SHIB-USD, currently valued at -0.21, compared to the broader market0.001.002.003.004.00-0.210.36
The chart of Sortino ratio for SHIB-USD, currently valued at 0.37, compared to the broader market-1.000.001.002.003.004.000.370.89
The chart of Omega ratio for SHIB-USD, currently valued at 1.03, compared to the broader market1.001.201.401.031.09
The chart of Calmar ratio for SHIB-USD, currently valued at 0.02, compared to the broader market1.002.003.000.020.15
The chart of Martin ratio for SHIB-USD, currently valued at -0.61, compared to the broader market0.005.0010.0015.0020.0025.00-0.611.10
SHIB-USD
BNB-USD

The current SHIB-USD Sharpe Ratio is -0.21, which is lower than the BNB-USD Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of SHIB-USD and BNB-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.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.006.00JulyAugustSeptemberOctoberNovemberDecember
-0.21
0.36
SHIB-USD
BNB-USD

Drawdowns

SHIB-USD vs. BNB-USD - Drawdown Comparison

The maximum SHIB-USD drawdown since its inception was -92.10%, which is greater than BNB-USD's maximum drawdown of -80.10%. Use the drawdown chart below to compare losses from any high point for SHIB-USD and BNB-USD. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-71.05%
-8.35%
SHIB-USD
BNB-USD

Volatility

SHIB-USD vs. BNB-USD - Volatility Comparison

Shiba Inu (SHIB-USD) has a higher volatility of 32.20% compared to Binance Coin (BNB-USD) at 19.88%. This indicates that SHIB-USD's price experiences larger fluctuations and is considered to be riskier than BNB-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
32.20%
19.88%
SHIB-USD
BNB-USD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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