UROY vs. AUD=X
Compare and contrast key facts about Uranium Royalty Corp (UROY) and USD/AUD (AUD=X).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UROY or AUD=X.
Correlation
The correlation between UROY and AUD=X is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
UROY vs. AUD=X - Performance Comparison
Key characteristics
UROY:
-0.53
AUD=X:
0.49
UROY:
-0.51
AUD=X:
0.82
UROY:
0.94
AUD=X:
1.11
UROY:
-0.42
AUD=X:
0.15
UROY:
-1.33
AUD=X:
1.87
UROY:
23.47%
AUD=X:
2.53%
UROY:
58.87%
AUD=X:
9.21%
UROY:
-74.57%
AUD=X:
-56.54%
UROY:
-71.11%
AUD=X:
-24.49%
Returns By Period
In the year-to-date period, UROY achieves a -23.74% return, which is significantly lower than AUD=X's -2.51% return.
UROY
-23.74%
-7.22%
-36.74%
-29.54%
N/A
N/A
AUD=X
-2.51%
-0.37%
5.61%
1.50%
-0.05%
1.91%
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Risk-Adjusted Performance
UROY vs. AUD=X — Risk-Adjusted Performance Rank
UROY
AUD=X
UROY vs. AUD=X - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Uranium Royalty Corp (UROY) and USD/AUD (AUD=X). 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
UROY vs. AUD=X - Drawdown Comparison
The maximum UROY drawdown since its inception was -74.57%, which is greater than AUD=X's maximum drawdown of -56.54%. Use the drawdown chart below to compare losses from any high point for UROY and AUD=X. For additional features, visit the drawdowns tool.
Volatility
UROY vs. AUD=X - Volatility Comparison
Uranium Royalty Corp (UROY) has a higher volatility of 19.90% compared to USD/AUD (AUD=X) at 0.18%. This indicates that UROY's price experiences larger fluctuations and is considered to be riskier than AUD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.