CAN vs. MARA
Compare and contrast key facts about Canaan Inc. (CAN) and Marathon Digital Holdings, Inc. (MARA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CAN or MARA.
Correlation
The correlation between CAN and MARA is 0.56, 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. MARA - Performance Comparison
Key characteristics
CAN:
-0.35
MARA:
-0.43
CAN:
0.18
MARA:
-0.14
CAN:
1.02
MARA:
0.98
CAN:
-0.42
MARA:
-0.45
CAN:
-1.27
MARA:
-1.32
CAN:
32.59%
MARA:
31.62%
CAN:
118.28%
MARA:
96.98%
CAN:
-97.93%
MARA:
-99.74%
CAN:
-97.91%
MARA:
-92.70%
Fundamentals
CAN:
$284.86M
MARA:
$3.91B
CAN:
-$0.92
MARA:
$1.72
CAN:
$145.47M
MARA:
$491.18M
CAN:
-$40.64M
MARA:
-$156.37M
CAN:
-$120.17M
MARA:
$598.68M
Returns By Period
In the year-to-date period, CAN achieves a -62.86% return, which is significantly lower than MARA's -32.62% return.
CAN
-62.86%
-39.57%
-26.08%
-41.43%
-23.41%
N/A
MARA
-32.62%
-25.26%
-30.72%
-38.82%
89.99%
-18.38%
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Risk-Adjusted Performance
CAN vs. MARA — Risk-Adjusted Performance Rank
CAN
MARA
CAN vs. MARA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canaan Inc. (CAN) and Marathon Digital Holdings, Inc. (MARA). 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. MARA - Dividend Comparison
Neither CAN nor MARA has paid dividends to shareholders.
Drawdowns
CAN vs. MARA - Drawdown Comparison
The maximum CAN drawdown since its inception was -97.93%, roughly equal to the maximum MARA drawdown of -99.74%. Use the drawdown chart below to compare losses from any high point for CAN and MARA. For additional features, visit the drawdowns tool.
Volatility
CAN vs. MARA - Volatility Comparison
The current volatility for Canaan Inc. (CAN) is 28.92%, while Marathon Digital Holdings, Inc. (MARA) has a volatility of 33.64%. This indicates that CAN experiences smaller price fluctuations and is considered to be less risky than MARA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CAN vs. MARA - Financials Comparison
This section allows you to compare key financial metrics between Canaan Inc. and Marathon Digital Holdings, 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