CAN vs. CIFR
Compare and contrast key facts about Canaan Inc. (CAN) and Cipher Mining Inc. (CIFR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CAN or CIFR.
Correlation
The correlation between CAN and CIFR 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.
Performance
CAN vs. CIFR - Performance Comparison
Key characteristics
CAN:
0.87
CIFR:
1.23
CAN:
2.19
CIFR:
2.34
CAN:
1.25
CIFR:
1.25
CAN:
1.19
CIFR:
1.77
CAN:
1.96
CIFR:
4.74
CAN:
59.38%
CIFR:
31.46%
CAN:
134.58%
CIFR:
120.92%
CAN:
-97.93%
CIFR:
-97.16%
CAN:
-92.14%
CIFR:
-57.78%
Fundamentals
CAN:
$434.49M
CIFR:
$2.26B
CAN:
-$1.43
CIFR:
-$0.15
CAN:
$252.36M
CIFR:
$152.47M
CAN:
-$97.03M
CIFR:
-$3.35M
CAN:
-$213.36M
CIFR:
$40.93M
Returns By Period
In the year-to-date period, CAN achieves a 23.81% return, which is significantly lower than CIFR's 48.43% return.
CAN
23.81%
73.33%
180.39%
48.96%
-11.27%
N/A
CIFR
48.43%
-7.54%
23.84%
135.77%
N/A
N/A
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Risk-Adjusted Performance
CAN vs. CIFR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canaan Inc. (CAN) 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.
Dividends
CAN vs. CIFR - Dividend Comparison
Neither CAN nor CIFR has paid dividends to shareholders.
Drawdowns
CAN vs. CIFR - Drawdown Comparison
The maximum CAN drawdown since its inception was -97.93%, roughly equal to the maximum CIFR drawdown of -97.16%. Use the drawdown chart below to compare losses from any high point for CAN and CIFR. For additional features, visit the drawdowns tool.
Volatility
CAN vs. CIFR - Volatility Comparison
Canaan Inc. (CAN) has a higher volatility of 45.24% compared to Cipher Mining Inc. (CIFR) at 30.67%. This indicates that CAN'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.
Financials
CAN vs. CIFR - Financials Comparison
This section allows you to compare key financial metrics between Canaan Inc. 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.
Total Revenue: Total amount of money received from sales and other business activities