TRX-USD vs. LINK-USD
Compare and contrast key facts about Tronix (TRX-USD) and ChainLink (LINK-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRX-USD or LINK-USD.
Correlation
The correlation between TRX-USD and LINK-USD is 0.53, 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.
Performance
TRX-USD vs. LINK-USD - Performance Comparison
Key characteristics
TRX-USD:
1.65
LINK-USD:
1.42
TRX-USD:
3.95
LINK-USD:
2.37
TRX-USD:
1.58
LINK-USD:
1.22
TRX-USD:
2.47
LINK-USD:
0.89
TRX-USD:
20.03
LINK-USD:
4.55
TRX-USD:
10.28%
LINK-USD:
29.59%
TRX-USD:
87.83%
LINK-USD:
75.57%
TRX-USD:
-96.01%
LINK-USD:
-90.17%
TRX-USD:
-41.65%
LINK-USD:
-53.02%
Returns By Period
In the year-to-date period, TRX-USD achieves a 130.85% return, which is significantly higher than LINK-USD's 63.78% return.
TRX-USD
130.85%
25.13%
107.83%
136.44%
78.23%
N/A
LINK-USD
63.78%
40.80%
79.80%
59.89%
68.59%
N/A
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Risk-Adjusted Performance
TRX-USD vs. LINK-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tronix (TRX-USD) and ChainLink (LINK-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
TRX-USD vs. LINK-USD - Drawdown Comparison
The maximum TRX-USD drawdown since its inception was -96.01%, which is greater than LINK-USD's maximum drawdown of -90.17%. Use the drawdown chart below to compare losses from any high point for TRX-USD and LINK-USD. For additional features, visit the drawdowns tool.
Volatility
TRX-USD vs. LINK-USD - Volatility Comparison
Tronix (TRX-USD) has a higher volatility of 76.31% compared to ChainLink (LINK-USD) at 46.46%. This indicates that TRX-USD's price experiences larger fluctuations and is considered to be riskier than LINK-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.