PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
BTCM vs. RIOT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between BTCM and RIOT is 0.29, 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.


-0.50.00.51.00.3

Performance

BTCM vs. RIOT - Performance Comparison

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

-100.00%-80.00%-60.00%-40.00%-20.00%0.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-98.55%
0.91%
BTCM
RIOT

Key characteristics

Sharpe Ratio

BTCM:

-0.27

RIOT:

-0.29

Sortino Ratio

BTCM:

0.28

RIOT:

0.20

Omega Ratio

BTCM:

1.03

RIOT:

1.02

Calmar Ratio

BTCM:

-0.28

RIOT:

-0.27

Martin Ratio

BTCM:

-0.51

RIOT:

-0.62

Ulcer Index

BTCM:

54.24%

RIOT:

44.04%

Daily Std Dev

BTCM:

101.51%

RIOT:

94.93%

Max Drawdown

BTCM:

-99.72%

RIOT:

-99.98%

Current Drawdown

BTCM:

-99.44%

RIOT:

-99.63%

Fundamentals

Market Cap

BTCM:

$48.14M

RIOT:

$4.64B

EPS

BTCM:

-$2.00

RIOT:

$0.15

Total Revenue (TTM)

BTCM:

$10.41M

RIOT:

$312.91M

Gross Profit (TTM)

BTCM:

$1.47M

RIOT:

-$21.56M

EBITDA (TTM)

BTCM:

$37.95M

RIOT:

$136.23M

Returns By Period

In the year-to-date period, BTCM achieves a -42.46% return, which is significantly lower than RIOT's -22.75% return. Over the past 10 years, BTCM has underperformed RIOT with an annualized return of -34.45%, while RIOT has yielded a comparatively higher -0.72% annualized return.


BTCM

YTD

-42.46%

1M

-3.33%

6M

-3.33%

1Y

-41.88%

5Y*

-50.09%

10Y*

-34.45%

RIOT

YTD

-22.75%

1M

-1.73%

6M

12.10%

1Y

-28.36%

5Y*

55.35%

10Y*

-0.72%

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

BTCM vs. RIOT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BIT Mining Limited (BTCM) and Riot Blockchain, Inc. (RIOT). 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-4.00-2.000.002.00-0.27-0.29
The chart of Sortino ratio for BTCM, currently valued at 0.28, compared to the broader market-4.00-2.000.002.004.000.280.20
The chart of Omega ratio for BTCM, currently valued at 1.03, compared to the broader market0.501.001.502.001.031.02
The chart of Calmar ratio for BTCM, currently valued at -0.28, compared to the broader market0.002.004.006.00-0.28-0.30
The chart of Martin ratio for BTCM, currently valued at -0.51, compared to the broader market0.0010.0020.00-0.51-0.62
BTCM
RIOT

The current BTCM Sharpe Ratio is -0.27, which is comparable to the RIOT Sharpe Ratio of -0.29. The chart below compares the historical Sharpe Ratios of BTCM and RIOT, 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-0.60-0.40-0.200.000.200.40JulyAugustSeptemberOctoberNovemberDecember
-0.27
-0.29
BTCM
RIOT

Dividends

BTCM vs. RIOT - Dividend Comparison

Neither BTCM nor RIOT has paid dividends to shareholders.


TTM2023202220212020201920182017
BTCM
BIT Mining Limited
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
RIOT
Riot Blockchain, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%3.52%

Drawdowns

BTCM vs. RIOT - Drawdown Comparison

The maximum BTCM drawdown since its inception was -99.72%, roughly equal to the maximum RIOT drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for BTCM and RIOT. For additional features, visit the drawdowns tool.


-100.00%-95.00%-90.00%-85.00%-80.00%JulyAugustSeptemberOctoberNovemberDecember
-99.44%
-84.66%
BTCM
RIOT

Volatility

BTCM vs. RIOT - Volatility Comparison

The current volatility for BIT Mining Limited (BTCM) is 28.89%, while Riot Blockchain, Inc. (RIOT) has a volatility of 30.95%. This indicates that BTCM experiences smaller price fluctuations and is considered to be less risky than RIOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%35.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
28.89%
30.95%
BTCM
RIOT

Financials

BTCM vs. RIOT - Financials Comparison

This section allows you to compare key financial metrics between BIT Mining Limited and Riot Blockchain, 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
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab