BITF vs. HUT.TO
Compare and contrast key facts about Bitfarms Ltd. (BITF) and Hut 8 Mining Corp. (HUT.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BITF or HUT.TO.
Key characteristics
| BITF | HUT.TO | |
|---|---|---|
| YTD Return | -38.83% | -37.67% |
| 1Y Return | 54.78% | -7.00% |
| 3Y Return (Ann) | -30.74% | -31.51% |
| Sharpe Ratio | 0.61 | -0.02 |
| Daily Std Dev | 98.53% | 103.00% |
| Max Drawdown | -95.72% | -94.44% |
| Current Drawdown | -79.93% | -88.87% |
Fundamentals
| BITF | HUT.TO | |
|---|---|---|
| Market Cap | $655.63M | CA$3.61B |
| EPS | -$0.40 | -CA$0.99 |
| Revenue (TTM) | $146.37M | CA$76.91M |
| Gross Profit (TTM) | $10.52M | -CA$24.97M |
| EBITDA (TTM) | $20.77M | CA$7.56M |
Correlation
The correlation between BITF and HUT.TO is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BITF vs. HUT.TO - Performance Comparison
The year-to-date returns for both investments are quite close, with BITF having a -38.83% return and HUT.TO slightly higher at -37.67%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
BITF vs. HUT.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitfarms Ltd. (BITF) and Hut 8 Mining Corp. (HUT.TO). 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.
Dividends
BITF vs. HUT.TO - Dividend Comparison
Neither BITF nor HUT.TO has paid dividends to shareholders.
Drawdowns
BITF vs. HUT.TO - Drawdown Comparison
The maximum BITF drawdown since its inception was -95.72%, roughly equal to the maximum HUT.TO drawdown of -94.44%. Use the drawdown chart below to compare losses from any high point for BITF and HUT.TO. For additional features, visit the drawdowns tool.
Volatility
BITF vs. HUT.TO - Volatility Comparison
The current volatility for Bitfarms Ltd. (BITF) is 15.94%, while Hut 8 Mining Corp. (HUT.TO) has a volatility of 23.52%. This indicates that BITF experiences smaller price fluctuations and is considered to be less risky than HUT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BITF vs. HUT.TO - Financials Comparison
This section allows you to compare key financial metrics between Bitfarms Ltd. and Hut 8 Mining Corp.. 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