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BTCM vs. ARBK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between BTCM and ARBK is 0.48, 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.


-0.50.00.51.00.5

Performance

BTCM vs. ARBK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BIT Mining Limited (BTCM) and Argo Blockchain plc (ARBK). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
3.27%
-47.36%
BTCM
ARBK

Key characteristics

Sharpe Ratio

BTCM:

-0.27

ARBK:

-0.49

Sortino Ratio

BTCM:

0.28

ARBK:

-0.23

Omega Ratio

BTCM:

1.03

ARBK:

0.97

Calmar Ratio

BTCM:

-0.28

ARBK:

-0.67

Martin Ratio

BTCM:

-0.51

ARBK:

-1.02

Ulcer Index

BTCM:

54.24%

ARBK:

63.65%

Daily Std Dev

BTCM:

101.51%

ARBK:

131.58%

Max Drawdown

BTCM:

-99.72%

ARBK:

-98.14%

Current Drawdown

BTCM:

-99.44%

ARBK:

-96.75%

Fundamentals

Market Cap

BTCM:

$48.14M

ARBK:

$54.34M

EPS

BTCM:

-$2.00

ARBK:

-$0.90

Total Revenue (TTM)

BTCM:

$10.41M

ARBK:

$55.71M

Gross Profit (TTM)

BTCM:

$1.47M

ARBK:

$6.06M

EBITDA (TTM)

BTCM:

$37.95M

ARBK:

-$23.74M

Returns By Period

In the year-to-date period, BTCM achieves a -42.46% return, which is significantly higher than ARBK's -82.12% return.


BTCM

YTD

-42.46%

1M

-3.33%

6M

-3.33%

1Y

-41.88%

5Y*

-50.09%

10Y*

-34.45%

ARBK

YTD

-82.12%

1M

-41.34%

6M

-46.50%

1Y

-66.40%

5Y*

N/A

10Y*

N/A

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Risk-Adjusted Performance

BTCM vs. ARBK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BIT Mining Limited (BTCM) and Argo Blockchain plc (ARBK). 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 BTCM, currently valued at -0.27, compared to the broader market-4.00-2.000.002.00-0.27-0.49
The chart of Sortino ratio for BTCM, currently valued at 0.28, compared to the broader market-4.00-2.000.002.004.000.28-0.23
The chart of Omega ratio for BTCM, currently valued at 1.03, compared to the broader market0.501.001.502.001.030.97
The chart of Calmar ratio for BTCM, currently valued at -0.28, compared to the broader market0.002.004.006.00-0.28-0.67
The chart of Martin ratio for BTCM, currently valued at -0.51, compared to the broader market0.0010.0020.00-0.51-1.02
BTCM
ARBK

The current BTCM Sharpe Ratio is -0.27, which is higher than the ARBK Sharpe Ratio of -0.49. The chart below compares the historical Sharpe Ratios of BTCM and ARBK, 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-0.60-0.40-0.200.000.20JulyAugustSeptemberOctoberNovemberDecember
-0.27
-0.49
BTCM
ARBK

Dividends

BTCM vs. ARBK - Dividend Comparison

Neither BTCM nor ARBK has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

BTCM vs. ARBK - Drawdown Comparison

The maximum BTCM drawdown since its inception was -99.72%, roughly equal to the maximum ARBK drawdown of -98.14%. Use the drawdown chart below to compare losses from any high point for BTCM and ARBK. For additional features, visit the drawdowns tool.


-98.00%-96.00%-94.00%-92.00%JulyAugustSeptemberOctoberNovemberDecember
-97.20%
-96.75%
BTCM
ARBK

Volatility

BTCM vs. ARBK - Volatility Comparison

The current volatility for BIT Mining Limited (BTCM) is 28.89%, while Argo Blockchain plc (ARBK) has a volatility of 34.72%. This indicates that BTCM experiences smaller price fluctuations and is considered to be less risky than ARBK 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%JulyAugustSeptemberOctoberNovemberDecember
28.89%
34.72%
BTCM
ARBK

Financials

BTCM vs. ARBK - Financials Comparison

This section allows you to compare key financial metrics between BIT Mining Limited and Argo Blockchain plc. 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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