AGX vs. HUT
AGX (Argan, Inc.) and HUT (Hut 8 Corp. Common Stock) are both stocks. AGX operates in Engineering & Construction (Industrials), while HUT operates in Capital Markets (Financial Services). Over the past 5 years, AGX returned 71.15%/yr vs 42.31%/yr for HUT. At a 0.22 correlation, their price movements are largely independent.
Performance
AGX vs. HUT - Performance Comparison
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Returns By Period
In the year-to-date period, AGX achieves a 105.22% return, which is significantly lower than HUT's 158.73% return.
AGX
- 1D
- 2.89%
- 1M
- -10.87%
- YTD
- 105.22%
- 6M
- 101.00%
- 1Y
- 190.56%
- 3Y*
- 154.34%
- 5Y*
- 71.15%
- 10Y*
- 35.01%
HUT
- 1D
- 2.19%
- 1M
- 9.73%
- YTD
- 158.73%
- 6M
- 187.73%
- 1Y
- 547.39%
- 3Y*
- 124.18%
- 5Y*
- 42.31%
- 10Y*
- —
AGX vs. HUT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
AGX Argan, Inc. | 105.22% | 130.61% | 198.31% | 30.24% | -2.01% | -11.64% | 19.15% | 8.62% | -4.68% |
HUT Hut 8 Corp. Common Stock | 158.73% | 124.21% | 53.60% | 213.88% | -89.17% | 185.45% | 250.63% | -25.02% | -70.80% |
Correlation
The correlation between AGX and HUT is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2018 | 0.22 |
The correlation between AGX and HUT shifts across timeframes, from 0.22 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
AGX:
$9.11B
HUT:
$13.20B
AGX:
$11.38
HUT:
-$2.73
AGX:
19.24
HUT:
9.57
AGX:
$1.04B
HUT:
-$40.96M
AGX:
$217.93M
HUT:
-$132.19M
AGX:
$163.99M
HUT:
-$306.16M
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Return for Risk
AGX vs. HUT — Risk / Return Rank
AGX
HUT
AGX vs. HUT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Argan, Inc. (AGX) and Hut 8 Corp. Common Stock (HUT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AGX | HUT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.76 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.48 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 7.68 | 14.30 | -6.62 |
| Martin ratioReturn relative to average drawdown | 21.89 | 38.93 | -17.04 |
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Drawdowns
AGX vs. HUT - Drawdown Comparison
The maximum AGX drawdown since its inception was -94.37%, roughly equal to the maximum HUT drawdown of -95.04%. Use the drawdown chart below to compare losses from any high point for AGX and HUT.
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Drawdown Indicators
| AGX | HUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.37% | -95.04% | +0.67% |
Max Drawdown (1Y)Largest decline over 1 year | -24.96% | -38.62% | +13.66% |
Max Drawdown (3Y)Largest decline over 3 years | -43.75% | -71.68% | +27.93% |
Max Drawdown (5Y)Largest decline over 5 years | -43.75% | -95.04% | +51.29% |
Max Drawdown (10Y)Largest decline over 10 years | -54.61% | — | — |
Current DrawdownCurrent decline from peak | -13.39% | -10.65% | -2.74% |
Average DrawdownAverage peak-to-trough decline | -48.33% | -63.55% | +15.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.78% | 14.16% | -5.38% |
Volatility
AGX vs. HUT - Volatility Comparison
The current volatility for Argan, Inc. (AGX) is 18.53%, while Hut 8 Corp. Common Stock (HUT) has a volatility of 26.86%. This indicates that AGX experiences smaller price fluctuations and is considered to be less risky than HUT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGX | HUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.53% | 26.86% | -8.33% |
Volatility (6M)Calculated over the trailing 6-month period | 54.47% | 76.73% | -22.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.07% | 103.29% | -29.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.95% | 105.62% | -54.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.88% | 114.75% | -68.87% |
Dividends
AGX vs. HUT - Dividend Comparison
AGX's dividend yield for the trailing twelve months is around 0.29%, while HUT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGX Argan, Inc. | 0.29% | 0.52% | 0.93% | 2.24% | 2.71% | 1.94% | 7.31% | 2.49% | 1.98% | 4.44% | 1.42% | 2.16% |
HUT Hut 8 Corp. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AGX vs. HUT - Financials Comparison
This section allows you to compare key financial metrics between Argan, Inc. and Hut 8 Corp. Common Stock. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
AGX and HUT have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUT has higher volatility (26.86%) compared to AGX (18.53%). In terms of maximum drawdown, AGX dropped -94.37% vs HUT's -95.04%.
HUT currently has the higher Sharpe Ratio (5.35 vs 2.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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