Kernels and, broadly speaking, similarity measures on graphs are extensively used in graph-based unsupervised and semi-supervised learning algorithms as well as in the link prediction problem. We analytically study proximity and distance properties of various kernels and similarity measures on graphs. This can potentially be useful for recommending the adoption of one or another similarity measure in a machine learning method. Also, we numerically compare various similarity measures in the context of spectral clustering and observe that normalized heat-type similarity measures with log modification generally perform the best.