TMRAF vs. BTC-USD
TMRAF (Tomra Systems ASA) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, TMRAF returned 13.50%/yr vs 57.78%/yr for BTC-USD. At a 0.01 correlation, their price movements are largely independent.
Performance
TMRAF vs. BTC-USD - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with TMRAF having a -27.35% return and BTC-USD slightly higher at -26.78%. Over the past 10 years, TMRAF has underperformed BTC-USD with an annualized return of 13.50%, while BTC-USD has yielded a comparatively higher 57.78% annualized return.
TMRAF
- 1D
- 0.00%
- 1M
- -7.09%
- YTD
- -27.35%
- 6M
- -23.49%
- 1Y
- -37.12%
- 3Y*
- -14.65%
- 5Y*
- -10.31%
- 10Y*
- 13.50%
BTC-USD
- 1D
- 1.32%
- 1M
- -16.41%
- YTD
- -26.78%
- 6M
- -27.65%
- 1Y
- -36.56%
- 3Y*
- 27.78%
- 5Y*
- 13.72%
- 10Y*
- 57.78%
TMRAF vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TMRAF Tomra Systems ASA | -27.35% | 7.13% | 13.87% | -32.05% | -27.02% | 50.97% | 51.54% | 46.27% | 48.12% | 82.30% |
BTC-USD Bitcoin | -26.78% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between TMRAF and BTC-USD is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Oct 7, 2012 | 0.01 |
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Return for Risk
TMRAF vs. BTC-USD — Risk / Return Rank
TMRAF
BTC-USD
TMRAF vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tomra Systems ASA (TMRAF) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TMRAF | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 0.88 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | -0.71 | -0.15 |
| Martin ratioReturn relative to average drawdown | -1.75 | -1.20 | -0.54 |
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Drawdowns
TMRAF vs. BTC-USD - Drawdown Comparison
The maximum TMRAF drawdown since its inception was -71.64%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for TMRAF and BTC-USD.
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Drawdown Indicators
| TMRAF | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.64% | -85.30% | +13.66% |
Max Drawdown (1Y)Largest decline over 1 year | -43.08% | -51.21% | +8.13% |
Max Drawdown (3Y)Largest decline over 3 years | -55.69% | -51.21% | -4.48% |
Max Drawdown (5Y)Largest decline over 5 years | -71.64% | -76.67% | +5.03% |
Max Drawdown (10Y)Largest decline over 10 years | -71.64% | -83.80% | +12.16% |
Current DrawdownCurrent decline from peak | -60.62% | -48.63% | -11.99% |
Average DrawdownAverage peak-to-trough decline | -20.71% | -42.41% | +21.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.29% | 31.17% | -9.88% |
Volatility
TMRAF vs. BTC-USD - Volatility Comparison
The current volatility for Tomra Systems ASA (TMRAF) is 6.78%, while Bitcoin (BTC-USD) has a volatility of 12.27%. This indicates that TMRAF 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.
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Volatility by Period
| TMRAF | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.78% | 12.27% | -5.49% |
Volatility (6M)Calculated over the trailing 6-month period | 40.08% | 34.57% | +5.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.32% | 35.70% | +15.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.63% | 44.28% | +14.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.90% | 56.43% | -6.53% |
Frequently Asked Questions
TMRAF and BTC-USD have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (12.27%) compared to TMRAF (6.78%). In terms of maximum drawdown, TMRAF dropped -71.64% vs BTC-USD's -85.30%.
TMRAF currently has the higher Sharpe Ratio (-0.73 vs -0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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