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 0.15, 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
Key characteristics
TMDX:
-0.03
BTC-USD:
0.68
TMDX:
0.46
BTC-USD:
1.31
TMDX:
1.06
BTC-USD:
1.13
TMDX:
-0.03
BTC-USD:
0.47
TMDX:
-0.06
BTC-USD:
3.17
TMDX:
39.77%
BTC-USD:
11.27%
TMDX:
70.82%
BTC-USD:
42.23%
TMDX:
-73.69%
BTC-USD:
-93.07%
TMDX:
-59.71%
BTC-USD:
-21.01%
Returns By Period
In the year-to-date period, TMDX achieves a 13.81% return, which is significantly higher than BTC-USD's -10.26% return.
TMDX
13.81%
2.68%
-50.65%
-5.83%
43.13%
N/A
BTC-USD
-10.26%
-7.48%
35.08%
22.38%
65.31%
78.65%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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
The current volatility for TransMedics Group, Inc. (TMDX) is 13.79%, while Bitcoin (BTC-USD) has a volatility of 14.64%. This indicates that TMDX experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.