PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
XRP-USD vs. USD=X
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between XRP-USD and USD=X is 0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.00.0

Performance

XRP-USD vs. USD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ripple (XRP-USD) and USD Cash (USD=X). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
380.21%
0
XRP-USD
USD=X

Key characteristics

Ulcer Index

XRP-USD:

11.23%

USD=X:

0.00%

Daily Std Dev

XRP-USD:

69.43%

USD=X:

0.00%

Max Drawdown

XRP-USD:

-95.87%

USD=X:

0.00%

Current Drawdown

XRP-USD:

-32.59%

USD=X:

0.00%

Returns By Period


XRP-USD

YTD

270.26%

1M

82.10%

6M

367.90%

1Y

264.07%

5Y*

64.21%

10Y*

N/A

USD=X

YTD

0.00%

1M

0.00%

6M

0.00%

1Y

0.00%

5Y*

0.00%

10Y*

0.00%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

XRP-USD vs. USD=X - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ripple (XRP-USD) and USD Cash (USD=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.


Sharpe ratio
The chart of Sharpe ratio for XRP-USD, currently valued at 7.62, compared to the broader market0.002.004.006.007.62
The chart of Sortino ratio for XRP-USD, currently valued at 5.34, compared to the broader market-1.000.001.002.003.004.005.005.34
The chart of Omega ratio for XRP-USD, currently valued at 1.60, compared to the broader market1.001.201.401.60
The chart of Calmar ratio for XRP-USD, currently valued at 6.02, compared to the broader market1.002.003.004.005.006.006.02
The chart of Martin ratio for XRP-USD, currently valued at 61.10, compared to the broader market0.0010.0020.0030.0040.0050.0060.0061.10
XRP-USD
USD=X


Rolling 12-month Sharpe Ratio0.002.004.006.008.00JulyAugustSeptemberOctoberNovemberDecember
7.62
XRP-USD
USD=X

Drawdowns

XRP-USD vs. USD=X - Drawdown Comparison

The maximum XRP-USD drawdown since its inception was -95.87%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for XRP-USD and USD=X. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-32.59%
0
XRP-USD
USD=X

Volatility

XRP-USD vs. USD=X - Volatility Comparison

Ripple (XRP-USD) has a higher volatility of 43.29% compared to USD Cash (USD=X) at 0.00%. This indicates that XRP-USD's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
43.29%
0
XRP-USD
USD=X
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab