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:
-0.22
BTC-USD:
1.20
TMDX:
0.18
BTC-USD:
1.91
TMDX:
1.02
BTC-USD:
1.19
TMDX:
-0.23
BTC-USD:
0.93
TMDX:
-0.46
BTC-USD:
6.70
TMDX:
33.63%
BTC-USD:
8.82%
TMDX:
71.04%
BTC-USD:
43.77%
TMDX:
-73.69%
BTC-USD:
-93.07%
TMDX:
-59.01%
BTC-USD:
-9.77%
Returns By Period
In the year-to-date period, TMDX achieves a 15.77% return, which is significantly higher than BTC-USD's 2.51% return.
TMDX
15.77%
26.19%
-56.80%
-19.74%
29.31%
N/A
BTC-USD
2.51%
-8.27%
60.98%
83.75%
58.30%
81.73%
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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 15.75% compared to Bitcoin (BTC-USD) at 10.21%. 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.