SKYT vs. DOGE-USD
Compare and contrast key facts about SkyWater Technology, Inc. (SKYT) and Dogecoin (DOGE-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SKYT or DOGE-USD.
Correlation
The correlation between SKYT and DOGE-USD is 0.18, 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
Key characteristics
SKYT:
0.08
DOGE-USD:
0.90
SKYT:
0.92
DOGE-USD:
1.84
SKYT:
1.12
DOGE-USD:
1.18
SKYT:
0.10
DOGE-USD:
0.49
SKYT:
0.30
DOGE-USD:
3.32
SKYT:
27.55%
DOGE-USD:
26.69%
SKYT:
100.37%
DOGE-USD:
88.17%
SKYT:
-86.72%
DOGE-USD:
-95.27%
SKYT:
-71.67%
DOGE-USD:
-64.46%
Returns By Period
In the year-to-date period, SKYT achieves a -29.49% return, which is significantly lower than DOGE-USD's -21.88% return.
SKYT
-29.49%
-21.41%
17.37%
4.74%
N/A
N/A
DOGE-USD
-21.88%
-27.94%
137.19%
208.76%
138.42%
111.07%
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Risk-Adjusted Performance
SKYT vs. DOGE-USD — Risk-Adjusted Performance Rank
SKYT
DOGE-USD
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.
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. For additional features, visit the drawdowns tool.
Volatility
SKYT vs. DOGE-USD - Volatility Comparison
The current volatility for SkyWater Technology, Inc. (SKYT) is 16.92%, while Dogecoin (DOGE-USD) has a volatility of 28.83%. 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.