^XCMP vs. CIFR
Compare and contrast key facts about NASDAQ Composite Total Return Index (^XCMP) and Cipher Mining Inc. (CIFR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^XCMP or CIFR.
Correlation
The correlation between ^XCMP and CIFR is 0.40, 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
^XCMP vs. CIFR - Performance Comparison
Key characteristics
^XCMP:
1.15
CIFR:
0.50
^XCMP:
1.59
CIFR:
1.59
^XCMP:
1.22
CIFR:
1.18
^XCMP:
1.58
CIFR:
0.70
^XCMP:
5.39
CIFR:
2.02
^XCMP:
3.85%
CIFR:
28.16%
^XCMP:
18.09%
CIFR:
113.80%
^XCMP:
-35.83%
CIFR:
-97.16%
^XCMP:
-3.12%
CIFR:
-62.19%
Returns By Period
In the year-to-date period, ^XCMP achieves a 1.18% return, which is significantly lower than CIFR's 18.32% return.
^XCMP
1.18%
-2.37%
9.57%
22.56%
16.09%
15.72%
CIFR
18.32%
-0.36%
37.25%
69.18%
N/A
N/A
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Risk-Adjusted Performance
^XCMP vs. CIFR — Risk-Adjusted Performance Rank
^XCMP
CIFR
^XCMP vs. CIFR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NASDAQ Composite Total Return Index (^XCMP) and Cipher Mining Inc. (CIFR). 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
^XCMP vs. CIFR - Drawdown Comparison
The maximum ^XCMP drawdown since its inception was -35.83%, smaller than the maximum CIFR drawdown of -97.16%. Use the drawdown chart below to compare losses from any high point for ^XCMP and CIFR. For additional features, visit the drawdowns tool.
Volatility
^XCMP vs. CIFR - Volatility Comparison
The current volatility for NASDAQ Composite Total Return Index (^XCMP) is 5.43%, while Cipher Mining Inc. (CIFR) has a volatility of 37.57%. This indicates that ^XCMP experiences smaller price fluctuations and is considered to be less risky than CIFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.