Correlation
The correlation between ARB.L and COIN is 0.18, 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.
ARB.L vs. COIN
Compare and contrast key facts about Argo Blockchain plc (ARB.L) and Coinbase Global, Inc. (COIN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARB.L or COIN.
Performance
ARB.L vs. COIN - Performance Comparison
Loading data...
Key characteristics
ARB.L:
-0.77
COIN:
0.06
ARB.L:
-1.40
COIN:
0.68
ARB.L:
0.84
COIN:
1.08
ARB.L:
-0.77
COIN:
0.01
ARB.L:
-1.51
COIN:
0.02
ARB.L:
50.76%
COIN:
28.52%
ARB.L:
97.77%
COIN:
85.34%
ARB.L:
-99.21%
COIN:
-90.90%
ARB.L:
-99.03%
COIN:
-30.99%
Fundamentals
ARB.L:
£21.45M
COIN:
$63.38B
ARB.L:
-£0.07
COIN:
$5.33
ARB.L:
0.46
COIN:
9.51
ARB.L:
8.19
COIN:
6.05
ARB.L:
£33.07M
COIN:
$6.86B
ARB.L:
-£406.00K
COIN:
$5.60B
ARB.L:
-£24.92M
COIN:
$1.81B
Returns By Period
In the year-to-date period, ARB.L achieves a -42.11% return, which is significantly lower than COIN's -0.68% return.
ARB.L
-42.11%
10.00%
-66.05%
-75.00%
-62.46%
-8.34%
N/A
COIN
-0.68%
21.55%
-16.74%
5.05%
46.71%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ARB.L vs. COIN — Risk-Adjusted Performance Rank
ARB.L
COIN
ARB.L vs. COIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Argo Blockchain plc (ARB.L) and Coinbase Global, Inc. (COIN). 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.
Loading data...
Dividends
ARB.L vs. COIN - Dividend Comparison
Neither ARB.L nor COIN has paid dividends to shareholders.
Drawdowns
ARB.L vs. COIN - Drawdown Comparison
The maximum ARB.L drawdown since its inception was -99.21%, which is greater than COIN's maximum drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for ARB.L and COIN.
Loading data...
Volatility
ARB.L vs. COIN - Volatility Comparison
Argo Blockchain plc (ARB.L) has a higher volatility of 31.50% compared to Coinbase Global, Inc. (COIN) at 27.33%. This indicates that ARB.L's price experiences larger fluctuations and is considered to be riskier than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...
Financials
ARB.L vs. COIN - Financials Comparison
This section allows you to compare key financial metrics between Argo Blockchain plc and Coinbase Global, 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.
Total Revenue: Total amount of money received from sales and other business activities