TGB vs. BTC-USD
Compare and contrast key facts about Taseko Mines Limited (TGB) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TGB or BTC-USD.
Correlation
The correlation between TGB and BTC-USD is 0.07, 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
TGB vs. BTC-USD - Performance Comparison
Key characteristics
TGB:
-0.24
BTC-USD:
1.20
TGB:
0.07
BTC-USD:
1.85
TGB:
1.01
BTC-USD:
1.19
TGB:
-0.17
BTC-USD:
0.90
TGB:
-0.55
BTC-USD:
5.47
TGB:
27.00%
BTC-USD:
11.10%
TGB:
61.72%
BTC-USD:
42.59%
TGB:
-98.58%
BTC-USD:
-93.07%
TGB:
-84.58%
BTC-USD:
-20.44%
Returns By Period
In the year-to-date period, TGB achieves a 9.28% return, which is significantly higher than BTC-USD's -9.61% return. Over the past 10 years, TGB has underperformed BTC-USD with an annualized return of 12.04%, while BTC-USD has yielded a comparatively higher 80.21% annualized return.
TGB
9.28%
-14.52%
-11.30%
-13.82%
44.37%
12.04%
BTC-USD
-9.61%
0.34%
23.53%
32.28%
65.16%
80.21%
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Risk-Adjusted Performance
TGB vs. BTC-USD — Risk-Adjusted Performance Rank
TGB
BTC-USD
TGB vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Taseko Mines Limited (TGB) and Bitcoin (BTC-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
TGB vs. BTC-USD - Drawdown Comparison
The maximum TGB drawdown since its inception was -98.58%, which is greater than BTC-USD's maximum drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for TGB and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
TGB vs. BTC-USD - Volatility Comparison
Taseko Mines Limited (TGB) has a higher volatility of 24.97% compared to Bitcoin (BTC-USD) at 15.28%. This indicates that TGB's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.