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.
Key characteristics
| TMDX | BTC-USD | |
|---|---|---|
| YTD Return | 62.16% | 48.80% |
| 1Y Return | 74.40% | 118.01% |
| 3Y Return (Ann) | 65.93% | 5.36% |
| 5Y Return (Ann) | 38.89% | 61.10% |
| Sharpe Ratio | 0.96 | 5.04 |
| Daily Std Dev | 78.54% | 39.07% |
| Max Drawdown | -73.69% | -93.07% |
| Current Drawdown | 0.00% | -13.95% |
Correlation
The correlation between TMDX and BTC-USD is 0.15, 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
TMDX vs. BTC-USD - Performance Comparison
In the year-to-date period, TMDX achieves a 62.16% return, which is significantly higher than BTC-USD's 48.80% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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 27.59% compared to Bitcoin (BTC-USD) at 16.06%. 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.