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

Correlation

The correlation between SHIB-USD and DOGE-USD is 0.30, 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

SHIB-USD vs. DOGE-USD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

SHIB-USD:

-0.45

DOGE-USD:

0.41

Sortino Ratio

SHIB-USD:

1.03

DOGE-USD:

2.64

Omega Ratio

SHIB-USD:

1.10

DOGE-USD:

1.27

Calmar Ratio

SHIB-USD:

0.06

DOGE-USD:

1.56

Martin Ratio

SHIB-USD:

0.45

DOGE-USD:

5.56

Ulcer Index

SHIB-USD:

40.95%

DOGE-USD:

39.44%

Daily Std Dev

SHIB-USD:

76.97%

DOGE-USD:

82.63%

Max Drawdown

SHIB-USD:

-91.81%

DOGE-USD:

-95.27%

Current Drawdown

SHIB-USD:

-81.49%

DOGE-USD:

-67.99%

Returns By Period

The year-to-date returns for both stocks are quite close, with SHIB-USD having a -29.97% return and DOGE-USD slightly lower at -30.57%.


SHIB-USD

YTD

-29.97%

1M

25.06%

6M

-41.68%

1Y

-39.69%

5Y*

N/A

10Y*

N/A

DOGE-USD

YTD

-30.57%

1M

41.70%

6M

-42.20%

1Y

46.48%

5Y*

144.05%

10Y*

112.02%

*Annualized

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Risk-Adjusted Performance

SHIB-USD vs. DOGE-USD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SHIB-USD
The Risk-Adjusted Performance Rank of SHIB-USD is 4242
Overall Rank
The Sharpe Ratio Rank of SHIB-USD is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of SHIB-USD is 4545
Sortino Ratio Rank
The Omega Ratio Rank of SHIB-USD is 4444
Omega Ratio Rank
The Calmar Ratio Rank of SHIB-USD is 4848
Calmar Ratio Rank
The Martin Ratio Rank of SHIB-USD is 4646
Martin Ratio Rank

DOGE-USD
The Risk-Adjusted Performance Rank of DOGE-USD is 8383
Overall Rank
The Sharpe Ratio Rank of DOGE-USD is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of DOGE-USD is 8282
Sortino Ratio Rank
The Omega Ratio Rank of DOGE-USD is 8282
Omega Ratio Rank
The Calmar Ratio Rank of DOGE-USD is 8686
Calmar Ratio Rank
The Martin Ratio Rank of DOGE-USD is 8686
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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

This table presents a comparison of risk-adjusted performance metrics for Shiba Inu (SHIB-USD) and Dogecoin (DOGE-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 -0.45, which is lower than the DOGE-USD Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of SHIB-USD and DOGE-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.


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Drawdowns

SHIB-USD vs. DOGE-USD - Drawdown Comparison

The maximum SHIB-USD drawdown since its inception was -91.81%, roughly equal to the maximum DOGE-USD drawdown of -95.27%. Use the drawdown chart below to compare losses from any high point for SHIB-USD and DOGE-USD. For additional features, visit the drawdowns tool.


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Volatility

SHIB-USD vs. DOGE-USD - Volatility Comparison

The current volatility for Shiba Inu (SHIB-USD) is 24.56%, while Dogecoin (DOGE-USD) has a volatility of 29.66%. This indicates that SHIB-USD experiences smaller price fluctuations and is considered to be less risky than DOGE-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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