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:
0.69
TSLA:
0.72
SOL-USD:
1.56
TSLA:
1.50
SOL-USD:
1.15
TSLA:
1.17
SOL-USD:
0.49
TSLA:
0.71
SOL-USD:
3.11
TSLA:
3.09
SOL-USD:
19.56%
TSLA:
15.13%
SOL-USD:
73.17%
TSLA:
65.12%
SOL-USD:
-96.27%
TSLA:
-73.63%
SOL-USD:
-31.84%
TSLA:
-38.94%
Returns By Period
In the year-to-date period, SOL-USD achieves a -5.69% return, which is significantly higher than TSLA's -27.45% return.
SOL-USD
-5.69%
-22.94%
38.70%
37.62%
N/A
N/A
TSLA
-27.45%
-27.59%
36.84%
44.58%
42.79%
36.30%
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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 34.94% compared to Tesla, Inc. (TSLA) at 16.58%. 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.