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 14.60%/yr vs 57.94%/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
In the year-to-date period, TMRAF achieves a -28.61% return, which is significantly lower than BTC-USD's -26.96% return. Over the past 10 years, TMRAF has underperformed BTC-USD with an annualized return of 14.60%, while BTC-USD has yielded a comparatively higher 57.94% annualized return.
TMRAF
- 1D
- 0.00%
- 1M
- -3.71%
- 6M
- -26.97%
- YTD
- -28.61%
- 1Y
- -39.44%
- 3Y*
- -14.12%
- 5Y*
- -11.51%
- 10Y*
- 14.60%
BTC-USD
- 1D
- 0.21%
- 1M
- 0.58%
- 6M
- -29.67%
- YTD
- -26.96%
- 1Y
- -45.60%
- 3Y*
- 26.63%
- 5Y*
- 14.32%
- 10Y*
- 57.94%
TMRAF vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TMRAF Tomra Systems ASA | -28.61% | 7.13% | 13.87% | -32.05% | -27.02% | 50.97% | 51.54% | 46.27% | 48.12% | 82.30% |
BTC-USD Bitcoin | -26.96% | -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 | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 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 | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.65 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 0.84 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.92 | -0.86 | -0.06 |
| Martin ratioReturn relative to average drawdown | -1.71 | -1.40 | -0.31 |
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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% | -53.08% | +10.00% |
Max Drawdown (3Y)Largest decline over 3 years | -54.33% | -53.08% | -1.25% |
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 | -61.30% | -48.76% | -12.54% |
Average DrawdownAverage peak-to-trough decline | -20.82% | -42.54% | +21.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.15% | 29.22% | -6.07% |
Volatility
TMRAF vs. BTC-USD - Volatility Comparison
The current volatility for Tomra Systems ASA (TMRAF) is 7.35%, while Bitcoin (BTC-USD) has a volatility of 8.77%. 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 | 7.35% | 8.77% | -1.42% |
Volatility (6M)Calculated over the trailing 6-month period | 40.17% | 34.92% | +5.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.25% | 35.53% | +15.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.65% | 43.94% | +14.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.83% | 56.32% | -6.49% |
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 (8.77%) compared to TMRAF (7.35%). In terms of maximum drawdown, TMRAF dropped -71.64% vs BTC-USD's -85.30%.
TMRAF currently has the higher Sharpe Ratio (-0.77 vs -1.07), 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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