BTBT vs. NVDA
Compare and contrast key facts about Bit Digital, Inc. (BTBT) and NVIDIA Corporation (NVDA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTBT or NVDA.
Correlation
The correlation between BTBT and NVDA is 0.38, 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.
Performance
BTBT vs. NVDA - Performance Comparison
Key characteristics
BTBT:
-0.05
NVDA:
1.64
BTBT:
0.81
NVDA:
2.18
BTBT:
1.09
NVDA:
1.28
BTBT:
-0.06
NVDA:
3.44
BTBT:
-0.21
NVDA:
9.53
BTBT:
26.55%
NVDA:
9.76%
BTBT:
111.65%
NVDA:
56.59%
BTBT:
-98.16%
NVDA:
-89.73%
BTBT:
-90.74%
NVDA:
-6.24%
Fundamentals
BTBT:
$460.53M
NVDA:
$3.41T
BTBT:
-$0.03
NVDA:
$2.53
BTBT:
$81.95M
NVDA:
$91.17B
BTBT:
$28.31M
NVDA:
$69.14B
BTBT:
$60.78M
NVDA:
$60.32B
Returns By Period
In the year-to-date period, BTBT achieves a -7.51% return, which is significantly lower than NVDA's 4.33% return.
BTBT
-7.51%
-26.95%
-29.24%
-1.45%
N/A
N/A
NVDA
4.33%
-0.51%
13.25%
107.70%
80.80%
74.84%
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Risk-Adjusted Performance
BTBT vs. NVDA — Risk-Adjusted Performance Rank
BTBT
NVDA
BTBT vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bit Digital, Inc. (BTBT) and NVIDIA Corporation (NVDA). 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
BTBT vs. NVDA - Dividend Comparison
BTBT has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.02%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
BTBT Bit Digital, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.02% | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% |
Drawdowns
BTBT vs. NVDA - Drawdown Comparison
The maximum BTBT drawdown since its inception was -98.16%, which is greater than NVDA's maximum drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for BTBT and NVDA. For additional features, visit the drawdowns tool.
Volatility
BTBT vs. NVDA - Volatility Comparison
Bit Digital, Inc. (BTBT) and NVIDIA Corporation (NVDA) have volatilities of 23.01% and 23.68%, 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.
Financials
BTBT vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Bit Digital, Inc. and NVIDIA Corporation. 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