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TRX-USD vs. BNB-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Performance

TRX-USD vs. BNB-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tronix (TRX-USD) and Binance Coin (BNB-USD). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
77.38%
5.55%
TRX-USD
BNB-USD

Returns By Period

In the year-to-date period, TRX-USD achieves a 90.21% return, which is significantly lower than BNB-USD's 102.77% return.


TRX-USD

YTD

90.21%

1M

27.79%

6M

77.38%

1Y

100.62%

5Y (annualized)

71.19%

10Y (annualized)

N/A

BNB-USD

YTD

102.77%

1M

8.76%

6M

5.55%

1Y

171.00%

5Y (annualized)

110.64%

10Y (annualized)

N/A

Key characteristics


TRX-USDBNB-USD
Sharpe Ratio2.440.00
Sortino Ratio3.170.38
Omega Ratio1.351.04
Calmar Ratio0.990.00
Martin Ratio15.290.01
Ulcer Index6.62%17.15%
Daily Std Dev32.09%47.35%
Max Drawdown-96.01%-80.10%
Current Drawdown-7.14%-10.83%

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Correlation

-0.50.00.51.00.6

The correlation between TRX-USD and BNB-USD is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

TRX-USD vs. BNB-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tronix (TRX-USD) and Binance Coin (BNB-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.


Sharpe ratio
The chart of Sharpe ratio for TRX-USD, currently valued at 2.44, compared to the broader market0.001.002.002.440.00
The chart of Sortino ratio for TRX-USD, currently valued at 3.17, compared to the broader market-1.000.001.002.003.003.170.38
The chart of Omega ratio for TRX-USD, currently valued at 1.35, compared to the broader market0.901.001.101.201.301.401.351.04
The chart of Calmar ratio for TRX-USD, currently valued at 0.99, compared to the broader market0.501.001.502.000.990.00
The chart of Martin ratio for TRX-USD, currently valued at 15.29, compared to the broader market0.005.0010.0015.290.01
TRX-USD
BNB-USD

The current TRX-USD Sharpe Ratio is 2.44, which is higher than the BNB-USD Sharpe Ratio of 0.00. The chart below compares the historical Sharpe Ratios of TRX-USD and BNB-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.002.004.006.008.00JuneJulyAugustSeptemberOctoberNovember
2.44
0.00
TRX-USD
BNB-USD

Drawdowns

TRX-USD vs. BNB-USD - Drawdown Comparison

The maximum TRX-USD drawdown since its inception was -96.01%, which is greater than BNB-USD's maximum drawdown of -80.10%. Use the drawdown chart below to compare losses from any high point for TRX-USD and BNB-USD. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.14%
-10.83%
TRX-USD
BNB-USD

Volatility

TRX-USD vs. BNB-USD - Volatility Comparison

Tronix (TRX-USD) has a higher volatility of 17.13% compared to Binance Coin (BNB-USD) at 12.90%. This indicates that TRX-USD's price experiences larger fluctuations and is considered to be riskier than BNB-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
17.13%
12.90%
TRX-USD
BNB-USD