SOL-USD vs. TSLA
Compare and contrast key facts about Solana (SOL-USD) and Tesla, Inc. (TSLA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SOL-USD or TSLA.
Correlation
The correlation between SOL-USD and TSLA is 0.21, 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
SOL-USD vs. TSLA - Performance Comparison
Key characteristics
SOL-USD:
0.56
TSLA:
1.77
SOL-USD:
1.35
TSLA:
2.56
SOL-USD:
1.12
TSLA:
1.30
SOL-USD:
0.32
TSLA:
1.72
SOL-USD:
2.51
TSLA:
8.80
SOL-USD:
17.69%
TSLA:
12.77%
SOL-USD:
68.52%
TSLA:
63.60%
SOL-USD:
-96.27%
TSLA:
-73.63%
SOL-USD:
-12.95%
TSLA:
-18.91%
Returns By Period
In the year-to-date period, SOL-USD achieves a 20.44% return, which is significantly higher than TSLA's -3.65% return.
SOL-USD
20.44%
19.33%
32.66%
124.64%
N/A
N/A
TSLA
-3.65%
-6.78%
67.66%
103.09%
55.36%
39.99%
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Risk-Adjusted Performance
SOL-USD vs. TSLA — Risk-Adjusted Performance Rank
SOL-USD
TSLA
SOL-USD vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Solana (SOL-USD) and Tesla, Inc. (TSLA). 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
SOL-USD vs. TSLA - Drawdown Comparison
The maximum SOL-USD drawdown since its inception was -96.27%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for SOL-USD and TSLA. For additional features, visit the drawdowns tool.
Volatility
SOL-USD vs. TSLA - Volatility Comparison
Solana (SOL-USD) has a higher volatility of 27.46% compared to Tesla, Inc. (TSLA) at 15.58%. This indicates that SOL-USD's price experiences larger fluctuations and is considered to be riskier than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.