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

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.


-0.50.00.51.00.5

Performance

TRX-USD vs. LINK-USD - Performance Comparison

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

0.00%50.00%100.00%150.00%200.00%250.00%JulyAugustSeptemberOctoberNovemberDecember
108.84%
79.80%
TRX-USD
LINK-USD

Key characteristics

Sharpe Ratio

TRX-USD:

1.65

LINK-USD:

1.42

Sortino Ratio

TRX-USD:

3.95

LINK-USD:

2.37

Omega Ratio

TRX-USD:

1.58

LINK-USD:

1.22

Calmar Ratio

TRX-USD:

2.47

LINK-USD:

0.89

Martin Ratio

TRX-USD:

20.03

LINK-USD:

4.55

Ulcer Index

TRX-USD:

10.28%

LINK-USD:

29.59%

Daily Std Dev

TRX-USD:

87.83%

LINK-USD:

75.57%

Max Drawdown

TRX-USD:

-96.01%

LINK-USD:

-90.17%

Current Drawdown

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

YTD

130.85%

1M

25.13%

6M

107.83%

1Y

136.44%

5Y*

78.23%

10Y*

N/A

LINK-USD

YTD

63.78%

1M

40.80%

6M

79.80%

1Y

59.89%

5Y*

68.59%

10Y*

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.


Sharpe ratio
The chart of Sharpe ratio for TRX-USD, currently valued at 1.76, compared to the broader market0.002.004.006.001.761.42
The chart of Sortino ratio for TRX-USD, currently valued at 4.08, compared to the broader market-1.000.001.002.003.004.005.004.082.37
The chart of Omega ratio for TRX-USD, currently valued at 1.61, compared to the broader market1.001.201.401.611.22
The chart of Calmar ratio for TRX-USD, currently valued at 2.67, compared to the broader market1.002.003.004.005.006.002.670.89
The chart of Martin ratio for TRX-USD, currently valued at 19.51, compared to the broader market0.0010.0020.0030.0040.0050.0060.0019.514.55
TRX-USD
LINK-USD

The current TRX-USD Sharpe Ratio is 1.65, which is comparable to the LINK-USD Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of TRX-USD and LINK-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 Ratio-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.76
1.42
TRX-USD
LINK-USD

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.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-41.65%
-53.02%
TRX-USD
LINK-USD

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.


0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
76.31%
46.46%
TRX-USD
LINK-USD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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