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

Correlation

The correlation between SKYT and DOGE-USD is 0.33, 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

SKYT vs. DOGE-USD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

SKYT:

0.19

DOGE-USD:

0.21

Sortino Ratio

SKYT:

1.01

DOGE-USD:

2.18

Omega Ratio

SKYT:

1.12

DOGE-USD:

1.22

Calmar Ratio

SKYT:

0.14

DOGE-USD:

0.91

Martin Ratio

SKYT:

0.38

DOGE-USD:

3.40

Ulcer Index

SKYT:

31.38%

DOGE-USD:

41.43%

Daily Std Dev

SKYT:

97.32%

DOGE-USD:

82.71%

Max Drawdown

SKYT:

-86.72%

DOGE-USD:

-95.27%

Current Drawdown

SKYT:

-73.68%

DOGE-USD:

-71.75%

Returns By Period

In the year-to-date period, SKYT achieves a -34.49% return, which is significantly higher than DOGE-USD's -38.72% return.


SKYT

YTD

-34.49%

1M

24.18%

6M

13.85%

1Y

19.58%

3Y*

10.67%

5Y*

N/A

10Y*

N/A

DOGE-USD

YTD

-38.72%

1M

7.01%

6M

-54.16%

1Y

21.55%

3Y*

31.09%

5Y*

137.60%

10Y*

103.37%

*Annualized

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SkyWater Technology, Inc.

Dogecoin

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

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

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

SKYT
The Risk-Adjusted Performance Rank of SKYT is 6060
Overall Rank
The Sharpe Ratio Rank of SKYT is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of SKYT is 6565
Sortino Ratio Rank
The Omega Ratio Rank of SKYT is 6262
Omega Ratio Rank
The Calmar Ratio Rank of SKYT is 5858
Calmar Ratio Rank
The Martin Ratio Rank of SKYT is 5656
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 8383
Sortino Ratio Rank
The Omega Ratio Rank of DOGE-USD is 8383
Omega Ratio Rank
The Calmar Ratio Rank of DOGE-USD is 8585
Calmar Ratio Rank
The Martin Ratio Rank of DOGE-USD is 8484
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.

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

This table presents a comparison of risk-adjusted performance metrics for SkyWater Technology, Inc. (SKYT) 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 SKYT Sharpe Ratio is 0.19, which is comparable to the DOGE-USD Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of SKYT 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Drawdowns

SKYT vs. DOGE-USD - Drawdown Comparison

The maximum SKYT drawdown since its inception was -86.72%, smaller than the maximum DOGE-USD drawdown of -95.27%. Use the drawdown chart below to compare losses from any high point for SKYT and DOGE-USD.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

SKYT vs. DOGE-USD - Volatility Comparison

The current volatility for SkyWater Technology, Inc. (SKYT) is 17.69%, while Dogecoin (DOGE-USD) has a volatility of 33.23%. This indicates that SKYT 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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