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BTQ.NEO vs. CIFR
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

BTQ.NEO vs. CIFR - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BTQ Technologies Corp (BTQ.NEO) and Cipher Mining Inc. (CIFR). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

BTQ.NEO is traded in CAD, while CIFR is traded in USD. To make them comparable, the CIFR values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BTQ.NEO achieves a -3.81% return, which is significantly lower than CIFR's 54.49% return.


BTQ.NEO

1D
15.20%
1M
43.58%
YTD
-3.81%
6M
-24.81%
1Y
73.10%
3Y*
124.84%
5Y*
10Y*

CIFR

1D
-11.95%
1M
4.75%
YTD
54.49%
6M
17.48%
1Y
548.27%
3Y*
114.06%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

BTQ.NEO vs. CIFR - Yearly Performance Comparison


2026 (YTD)202520242023
BTQ.NEO
BTQ Technologies Corp
-3.81%79.95%380.49%9.33%
CIFR
Cipher Mining Inc.
54.49%203.51%22.00%132.23%

Correlation

The correlation between BTQ.NEO and CIFR is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.17

Correlation (All Time)
Calculated using the full available price history since Feb 22, 2023

0.16

Fundamentals

Market Cap

BTQ.NEO:

CA$939.93M

CIFR:

$9.09B

EPS

BTQ.NEO:

-CA$0.11

CIFR:

-$2.33

PS Ratio

BTQ.NEO:

1.63K

CIFR:

49.34

PB Ratio

BTQ.NEO:

24.66

CIFR:

12.73

Total Revenue (TTM)

BTQ.NEO:

CA$565.50K

CIFR:

$174.98M

Gross Profit (TTM)

BTQ.NEO:

CA$565.50K

CIFR:

-$172.84M

EBITDA (TTM)

BTQ.NEO:

-CA$14.23M

CIFR:

-$169.22M

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Return for Risk

BTQ.NEO vs. CIFR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BTQ.NEO
BTQ.NEO Risk / Return Rank: 6262
Overall Rank
BTQ.NEO Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
BTQ.NEO Sortino Ratio Rank: 7575
Sortino Ratio Rank
BTQ.NEO Omega Ratio Rank: 6767
Omega Ratio Rank
BTQ.NEO Calmar Ratio Rank: 5959
Calmar Ratio Rank
BTQ.NEO Martin Ratio Rank: 5454
Martin Ratio Rank

CIFR
CIFR Risk / Return Rank: 9595
Overall Rank
CIFR Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
CIFR Sortino Ratio Rank: 9494
Sortino Ratio Rank
CIFR Omega Ratio Rank: 9191
Omega Ratio Rank
CIFR Calmar Ratio Rank: 9797
Calmar Ratio Rank
CIFR Martin Ratio Rank: 9696
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BTQ.NEO vs. CIFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BTQ Technologies Corp (BTQ.NEO) and Cipher Mining Inc. (CIFR). 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.


BTQ.NEOCIFRDifference
Sharpe ratioReturn per unit of total volatility

-4.68

Sortino ratioReturn per unit of downside risk

-1.92

Omega ratioGain probability vs. loss probability

1.21

1.46

-0.25

Calmar ratioReturn relative to maximum drawdown

0.82

10.63

-9.82

Martin ratioReturn relative to average drawdown

1.17

20.79

-19.62

BTQ.NEO vs. CIFR - Sharpe Ratio Comparison

The current BTQ.NEO Sharpe Ratio is 0.43, which is lower than the CIFR Sharpe Ratio of 5.12. The chart below compares the historical Sharpe Ratios of BTQ.NEO and CIFR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


BTQ.NEOCIFRDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.43

5.12

-4.68

Sharpe Ratio (All Time)

Calculated using the full available price history

0.57

0.17

+0.40

Drawdowns

BTQ.NEO vs. CIFR - Drawdown Comparison

The maximum BTQ.NEO drawdown since its inception was -84.85%, smaller than the maximum CIFR drawdown of -96.96%. Use the drawdown chart below to compare losses from any high point for BTQ.NEO and CIFR.


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Drawdown Indicators


BTQ.NEOCIFRDifference

Max Drawdown

Largest peak-to-trough decline

-84.85%

-96.96%

+12.11%

Max Drawdown (1Y)

Largest decline over 1 year

-84.85%

-52.02%

-32.83%

Max Drawdown (3Y)

Largest decline over 3 years

-84.85%

-71.62%

-13.23%

Current Drawdown

Current decline from peak

-65.56%

-14.19%

-51.37%

Average Drawdown

Average peak-to-trough decline

-46.64%

-65.40%

+18.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

58.88%

26.55%

+32.33%

Volatility

BTQ.NEO vs. CIFR - Volatility Comparison

BTQ Technologies Corp (BTQ.NEO) has a higher volatility of 43.75% compared to Cipher Mining Inc. (CIFR) at 27.41%. This indicates that BTQ.NEO's price experiences larger fluctuations and is considered to be riskier than CIFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BTQ.NEOCIFRDifference

Volatility (1M)

Calculated over the trailing 1-month period

43.75%

27.41%

+16.34%

Volatility (6M)

Calculated over the trailing 6-month period

83.57%

70.20%

+13.37%

Volatility (1Y)

Calculated over the trailing 1-year period

159.22%

108.28%

+50.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

169.86%

121.47%

+48.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

169.86%

121.47%

+48.39%

Dividends

BTQ.NEO vs. CIFR - Dividend Comparison

Neither BTQ.NEO nor CIFR has paid dividends to shareholders.


Tickers have no history of dividend payments

Financials

BTQ.NEO vs. CIFR - Financials Comparison

This section allows you to compare key financial metrics between BTQ Technologies Corp and Cipher Mining 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


0.0020.00M40.00M60.00M80.00MJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober202600
(BTQ.NEO) Total Revenue
(CIFR) Total Revenue
Please note, different currencies. BTQ.NEO values in CAD, CIFR values in USD

Frequently Asked Questions


BTQ.NEO and CIFR have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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