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

Correlation

The correlation between ARQQ 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

ARQQ vs. CLSK - Performance Comparison

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

-50.00%0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
158.91%
-31.36%
ARQQ
CLSK

Key characteristics

Sharpe Ratio

ARQQ:

0.81

CLSK:

0.34

Sortino Ratio

ARQQ:

2.15

CLSK:

1.47

Omega Ratio

ARQQ:

1.25

CLSK:

1.16

Calmar Ratio

ARQQ:

1.06

CLSK:

0.45

Martin Ratio

ARQQ:

2.16

CLSK:

1.07

Ulcer Index

ARQQ:

49.12%

CLSK:

37.84%

Daily Std Dev

ARQQ:

131.05%

CLSK:

118.00%

Max Drawdown

ARQQ:

-99.60%

CLSK:

-98.56%

Current Drawdown

ARQQ:

-97.46%

CLSK:

-83.00%

Fundamentals

Market Cap

ARQQ:

$299.35M

CLSK:

$3.75B

EPS

ARQQ:

-$4.74

CLSK:

-$0.69

Total Revenue (TTM)

ARQQ:

$119.00K

CLSK:

$378.97M

Gross Profit (TTM)

ARQQ:

-$1.02M

CLSK:

$122.49M

EBITDA (TTM)

ARQQ:

-$19.04M

CLSK:

$16.28M

Returns By Period

In the year-to-date period, ARQQ achieves a 104.30% return, which is significantly higher than CLSK's 11.79% return.


ARQQ

YTD

104.30%

1M

192.04%

6M

158.93%

1Y

102.17%

5Y (annualized)

N/A

10Y (annualized)

N/A

CLSK

YTD

11.79%

1M

-30.06%

6M

-31.37%

1Y

20.29%

5Y (annualized)

19.10%

10Y (annualized)

N/A

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Risk-Adjusted Performance

ARQQ vs. CLSK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Arqit Quantum Inc. (ARQQ) 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 ARQQ, currently valued at 0.81, compared to the broader market-4.00-2.000.002.004.000.810.34
The chart of Sortino ratio for ARQQ, currently valued at 2.15, compared to the broader market-4.00-2.000.002.004.002.151.47
The chart of Omega ratio for ARQQ, currently valued at 1.25, compared to the broader market0.501.001.502.001.251.16
The chart of Calmar ratio for ARQQ, currently valued at 1.06, compared to the broader market0.002.004.006.001.060.59
The chart of Martin ratio for ARQQ, currently valued at 2.16, compared to the broader market-10.000.0010.0020.0030.002.161.07
ARQQ
CLSK

The current ARQQ Sharpe Ratio is 0.81, which is higher than the CLSK Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of ARQQ 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
0.81
0.34
ARQQ
CLSK

Dividends

ARQQ vs. CLSK - Dividend Comparison

Neither ARQQ nor CLSK has paid dividends to shareholders.


TTM202320222021
ARQQ
Arqit Quantum Inc.
0.00%0.00%0.00%0.00%
CLSK
CleanSpark, Inc.
0.00%0.00%0.00%1.26%

Drawdowns

ARQQ vs. CLSK - Drawdown Comparison

The maximum ARQQ drawdown since its inception was -99.60%, roughly equal to the maximum CLSK drawdown of -98.56%. Use the drawdown chart below to compare losses from any high point for ARQQ and CLSK. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-97.46%
-47.31%
ARQQ
CLSK

Volatility

ARQQ vs. CLSK - Volatility Comparison

Arqit Quantum Inc. (ARQQ) has a higher volatility of 64.77% compared to CleanSpark, Inc. (CLSK) at 33.91%. This indicates that ARQQ's price experiences larger fluctuations and is considered to be riskier than CLSK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%60.00%70.00%JulyAugustSeptemberOctoberNovemberDecember
64.77%
33.91%
ARQQ
CLSK

Financials

ARQQ vs. CLSK - Financials Comparison

This section allows you to compare key financial metrics between Arqit Quantum Inc. 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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