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

Correlation

The correlation between APLD and CLSK is 0.22, 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.


-0.50.00.51.00.2

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.

0.00%2,000.00%4,000.00%6,000.00%8,000.00%10,000.00%12,000.00%JulyAugustSeptemberOctoberNovemberDecember
8,800.00%
-62.63%
APLD
CLSK

Key characteristics

Sharpe Ratio

APLD:

0.16

CLSK:

0.05

Sortino Ratio

APLD:

1.33

CLSK:

1.04

Omega Ratio

APLD:

1.15

CLSK:

1.11

Calmar Ratio

APLD:

0.21

CLSK:

0.07

Martin Ratio

APLD:

0.51

CLSK:

0.16

Ulcer Index

APLD:

41.17%

CLSK:

38.61%

Daily Std Dev

APLD:

133.34%

CLSK:

117.06%

Max Drawdown

APLD:

-99.99%

CLSK:

-98.56%

Current Drawdown

APLD:

-92.53%

CLSK:

-84.64%

Fundamentals

Market Cap

APLD:

$2.11B

CLSK:

$3.65B

EPS

APLD:

-$1.23

CLSK:

-$0.69

Total Revenue (TTM)

APLD:

$147.75M

CLSK:

$378.97M

Gross Profit (TTM)

APLD:

-$6.66M

CLSK:

$122.49M

EBITDA (TTM)

APLD:

$15.95M

CLSK:

$16.28M

Returns By Period

In the year-to-date period, APLD achieves a 18.84% return, which is significantly higher than CLSK's 1.00% return.


APLD

YTD

18.84%

1M

-8.56%

6M

45.11%

1Y

12.98%

5Y*

197.10%

10Y*

114.25%

CLSK

YTD

1.00%

1M

-20.43%

6M

-35.57%

1Y

-3.38%

5Y*

14.51%

10Y*

N/A

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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 0.16, compared to the broader market-4.00-2.000.002.000.160.05
The chart of Sortino ratio for APLD, currently valued at 1.33, compared to the broader market-4.00-2.000.002.004.001.331.04
The chart of Omega ratio for APLD, currently valued at 1.15, compared to the broader market0.501.001.502.001.151.11
The chart of Calmar ratio for APLD, currently valued at 0.23, compared to the broader market0.002.004.006.000.230.07
The chart of Martin ratio for APLD, currently valued at 0.51, compared to the broader market-5.000.005.0010.0015.0020.0025.000.510.16
APLD
CLSK

The current APLD Sharpe Ratio is 0.16, which is higher than the CLSK Sharpe Ratio of 0.05. 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-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.16
0.05
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%-65.00%JulyAugustSeptemberOctoberNovemberDecember
-73.62%
-84.64%
APLD
CLSK

Volatility

APLD vs. CLSK - Volatility Comparison

Applied Digital Corporation (APLD) and CleanSpark, Inc. (CLSK) have volatilities of 29.50% and 30.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


20.00%30.00%40.00%50.00%60.00%70.00%JulyAugustSeptemberOctoberNovemberDecember
29.50%
30.44%
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
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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.

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