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BTBT vs. BITF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


BTBTBITF
YTD Return9.69%-22.16%
1Y Return120.95%96.96%
3Y Return (Ann)-26.76%-35.93%
Sharpe Ratio1.190.98
Sortino Ratio2.232.04
Omega Ratio1.251.22
Calmar Ratio1.441.16
Martin Ratio3.342.89
Ulcer Index40.52%35.32%
Daily Std Dev114.05%104.30%
Max Drawdown-98.16%-95.72%
Current Drawdown-84.15%-74.46%

Fundamentals


BTBTBITF
Market Cap$801.03M$1.24B
EPS$0.21-$0.36
Total Revenue (TTM)$75.29M$139.15M
Gross Profit (TTM)$15.42M-$20.10M
EBITDA (TTM)$11.26M$47.11M

Correlation

-0.50.00.51.00.6

The correlation between BTBT and BITF is 0.63, 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

BTBT vs. BITF - Performance Comparison

In the year-to-date period, BTBT achieves a 9.69% return, which is significantly higher than BITF's -22.16% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%50.00%100.00%JuneJulyAugustSeptemberOctoberNovember
95.78%
22.43%
BTBT
BITF

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

BTBT vs. BITF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bit Digital, Inc. (BTBT) and Bitfarms Ltd. (BITF). 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.


BTBT
Sharpe ratio
The chart of Sharpe ratio for BTBT, currently valued at 1.19, compared to the broader market-4.00-2.000.002.004.001.19
Sortino ratio
The chart of Sortino ratio for BTBT, currently valued at 2.23, compared to the broader market-4.00-2.000.002.004.006.002.23
Omega ratio
The chart of Omega ratio for BTBT, currently valued at 1.25, compared to the broader market0.501.001.502.001.25
Calmar ratio
The chart of Calmar ratio for BTBT, currently valued at 1.44, compared to the broader market0.002.004.006.001.44
Martin ratio
The chart of Martin ratio for BTBT, currently valued at 3.34, compared to the broader market0.0010.0020.0030.003.34
BITF
Sharpe ratio
The chart of Sharpe ratio for BITF, currently valued at 0.98, compared to the broader market-4.00-2.000.002.004.000.98
Sortino ratio
The chart of Sortino ratio for BITF, currently valued at 2.04, compared to the broader market-4.00-2.000.002.004.006.002.04
Omega ratio
The chart of Omega ratio for BITF, currently valued at 1.22, compared to the broader market0.501.001.502.001.22
Calmar ratio
The chart of Calmar ratio for BITF, currently valued at 1.16, compared to the broader market0.002.004.006.001.16
Martin ratio
The chart of Martin ratio for BITF, currently valued at 2.89, compared to the broader market0.0010.0020.0030.002.89

BTBT vs. BITF - Sharpe Ratio Comparison

The current BTBT Sharpe Ratio is 1.19, which is comparable to the BITF Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of BTBT and BITF, 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-0.500.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
1.19
0.98
BTBT
BITF

Dividends

BTBT vs. BITF - Dividend Comparison

Neither BTBT nor BITF has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

BTBT vs. BITF - Drawdown Comparison

The maximum BTBT drawdown since its inception was -98.16%, roughly equal to the maximum BITF drawdown of -95.72%. Use the drawdown chart below to compare losses from any high point for BTBT and BITF. For additional features, visit the drawdowns tool.


-90.00%-85.00%-80.00%-75.00%-70.00%-65.00%JuneJulyAugustSeptemberOctoberNovember
-84.15%
-74.46%
BTBT
BITF

Volatility

BTBT vs. BITF - Volatility Comparison

Bit Digital, Inc. (BTBT) and Bitfarms Ltd. (BITF) have volatilities of 40.07% and 38.91%, 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%25.00%30.00%35.00%40.00%JuneJulyAugustSeptemberOctoberNovember
40.07%
38.91%
BTBT
BITF

Financials

BTBT vs. BITF - Financials Comparison

This section allows you to compare key financial metrics between Bit Digital, Inc. and Bitfarms Ltd.. 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