TMDX vs. BTC-USD
Compare and contrast key facts about TransMedics Group, Inc. (TMDX) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TMDX or BTC-USD.
Correlation
The correlation between TMDX and BTC-USD is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TMDX vs. BTC-USD - Performance Comparison
Key characteristics
TMDX:
0.12
BTC-USD:
1.90
TMDX:
0.69
BTC-USD:
2.52
TMDX:
1.09
BTC-USD:
1.26
TMDX:
0.13
BTC-USD:
1.68
TMDX:
0.21
BTC-USD:
8.54
TMDX:
41.70%
BTC-USD:
11.32%
TMDX:
71.06%
BTC-USD:
42.81%
TMDX:
-73.69%
BTC-USD:
-93.07%
TMDX:
-46.52%
BTC-USD:
-11.73%
Returns By Period
In the year-to-date period, TMDX achieves a 51.05% return, which is significantly higher than BTC-USD's 0.29% return.
TMDX
51.05%
33.04%
-22.80%
5.96%
39.72%
N/A
BTC-USD
0.29%
7.12%
37.47%
45.77%
65.44%
82.48%
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Risk-Adjusted Performance
TMDX vs. BTC-USD — Risk-Adjusted Performance Rank
TMDX
BTC-USD
TMDX vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TransMedics Group, Inc. (TMDX) 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
TMDX vs. BTC-USD - Drawdown Comparison
The maximum TMDX drawdown since its inception was -73.69%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for TMDX and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
TMDX vs. BTC-USD - Volatility Comparison
TransMedics Group, Inc. (TMDX) has a higher volatility of 17.73% compared to Bitcoin (BTC-USD) at 16.27%. This indicates that TMDX'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.