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APLD vs. CLSK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

APLD vs. CLSK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Applied Digital Corporation (APLD) and CleanSpark, Inc. (CLSK). The values are adjusted to include any dividend payments, if applicable.

-50.00%0.00%50.00%100.00%JuneJulyAugustSeptemberOctoberNovember
115.29%
-24.12%
APLD
CLSK

Returns By Period

In the year-to-date period, APLD achieves a 35.76% return, which is significantly higher than CLSK's 17.54% return.


APLD

YTD

35.76%

1M

0.22%

6M

115.29%

1Y

100.66%

5Y (annualized)

254.69%

10Y (annualized)

124.14%

CLSK

YTD

17.54%

1M

6.01%

6M

-24.14%

1Y

166.77%

5Y (annualized)

17.25%

10Y (annualized)

N/A

Fundamentals


APLDCLSK
Market Cap$1.97B$3.65B
EPS-$1.23-$0.99
Total Revenue (TTM)$189.95M$289.69M
Gross Profit (TTM)$6.32M$115.16M
EBITDA (TTM)$21.20M$25.87M

Key characteristics


APLDCLSK
Sharpe Ratio0.791.53
Sortino Ratio2.082.60
Omega Ratio1.241.29
Calmar Ratio1.072.00
Martin Ratio2.555.08
Ulcer Index41.01%36.63%
Daily Std Dev132.64%121.54%
Max Drawdown-99.99%-98.56%
Current Drawdown-91.47%-82.13%

Compare stocks, funds, or ETFs

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


Correlation

-0.50.00.51.00.2

The correlation between APLD and CLSK is 0.21, 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.

Risk-Adjusted Performance

APLD vs. CLSK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and CleanSpark, Inc. (CLSK). 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 APLD, currently valued at 0.79, compared to the broader market-4.00-2.000.002.004.000.791.53
The chart of Sortino ratio for APLD, currently valued at 2.08, compared to the broader market-4.00-2.000.002.004.002.082.60
The chart of Omega ratio for APLD, currently valued at 1.24, compared to the broader market0.501.001.502.001.241.29
The chart of Calmar ratio for APLD, currently valued at 1.14, compared to the broader market0.002.004.006.001.142.00
The chart of Martin ratio for APLD, currently valued at 2.55, compared to the broader market0.0010.0020.0030.002.555.08
APLD
CLSK

The current APLD Sharpe Ratio is 0.79, which is lower than the CLSK Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of APLD and CLSK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
0.79
1.53
APLD
CLSK

Dividends

APLD vs. CLSK - Dividend Comparison

Neither APLD nor CLSK has paid dividends to shareholders.


TTM202320222021
APLD
Applied Digital Corporation
0.00%0.00%0.00%0.00%
CLSK
CleanSpark, Inc.
0.00%0.00%0.00%1.26%

Drawdowns

APLD vs. CLSK - Drawdown Comparison

The maximum APLD drawdown since its inception was -99.99%, roughly equal to the maximum CLSK drawdown of -98.56%. Use the drawdown chart below to compare losses from any high point for APLD and CLSK. For additional features, visit the drawdowns tool.


-90.00%-85.00%-80.00%-75.00%-70.00%JuneJulyAugustSeptemberOctoberNovember
-69.86%
-82.13%
APLD
CLSK

Volatility

APLD vs. CLSK - Volatility Comparison

The current volatility for Applied Digital Corporation (APLD) is 31.69%, while CleanSpark, Inc. (CLSK) has a volatility of 45.07%. This indicates that APLD experiences smaller price fluctuations and is considered to be less risky than CLSK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


20.00%30.00%40.00%50.00%60.00%70.00%JuneJulyAugustSeptemberOctoberNovember
31.69%
45.07%
APLD
CLSK

Financials

APLD vs. CLSK - Financials Comparison

This section allows you to compare key financial metrics between Applied Digital Corporation and CleanSpark, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items