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CAN vs. RIOT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between CAN and RIOT 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.


-0.50.00.51.00.6

Performance

CAN vs. RIOT - Performance Comparison

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

-50.00%0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
153.28%
28.60%
CAN
RIOT

Key characteristics

Sharpe Ratio

CAN:

0.59

RIOT:

-0.12

Sortino Ratio

CAN:

1.87

RIOT:

0.53

Omega Ratio

CAN:

1.21

RIOT:

1.06

Calmar Ratio

CAN:

0.79

RIOT:

-0.11

Martin Ratio

CAN:

1.31

RIOT:

-0.25

Ulcer Index

CAN:

59.38%

RIOT:

43.95%

Daily Std Dev

CAN:

131.00%

RIOT:

94.12%

Max Drawdown

CAN:

-97.93%

RIOT:

-99.98%

Current Drawdown

CAN:

-91.51%

RIOT:

-99.56%

Fundamentals

Market Cap

CAN:

$434.49M

RIOT:

$4.10B

EPS

CAN:

-$1.43

RIOT:

$0.15

Total Revenue (TTM)

CAN:

$252.36M

RIOT:

$312.91M

Gross Profit (TTM)

CAN:

-$97.03M

RIOT:

-$21.56M

EBITDA (TTM)

CAN:

-$213.36M

RIOT:

$136.23M

Returns By Period

In the year-to-date period, CAN achieves a 33.77% return, which is significantly higher than RIOT's -9.31% return.


CAN

YTD

33.77%

1M

87.27%

6M

153.28%

1Y

60.94%

5Y (annualized)

-7.79%

10Y (annualized)

N/A

RIOT

YTD

-9.31%

1M

13.42%

6M

28.60%

1Y

-10.24%

5Y (annualized)

60.43%

10Y (annualized)

0.89%

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Risk-Adjusted Performance

CAN vs. RIOT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Canaan Inc. (CAN) 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 CAN, currently valued at 0.59, compared to the broader market-4.00-2.000.002.000.59-0.12
The chart of Sortino ratio for CAN, currently valued at 1.87, compared to the broader market-4.00-2.000.002.004.001.870.53
The chart of Omega ratio for CAN, currently valued at 1.21, compared to the broader market0.501.001.502.001.211.06
The chart of Calmar ratio for CAN, currently valued at 0.79, compared to the broader market0.002.004.006.000.79-0.12
The chart of Martin ratio for CAN, currently valued at 1.31, compared to the broader market0.0010.0020.0030.001.31-0.25
CAN
RIOT

The current CAN Sharpe Ratio is 0.59, which is higher than the RIOT Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of CAN 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-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.59
-0.12
CAN
RIOT

Dividends

CAN vs. RIOT - Dividend Comparison

Neither CAN nor RIOT has paid dividends to shareholders.


TTM2023202220212020201920182017
CAN
Canaan Inc.
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

CAN vs. RIOT - Drawdown Comparison

The maximum CAN drawdown since its inception was -97.93%, roughly equal to the maximum RIOT drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for CAN and RIOT. For additional features, visit the drawdowns tool.


-95.00%-90.00%-85.00%-80.00%JulyAugustSeptemberOctoberNovemberDecember
-91.51%
-81.99%
CAN
RIOT

Volatility

CAN vs. RIOT - Volatility Comparison

Canaan Inc. (CAN) has a higher volatility of 45.15% compared to Riot Blockchain, Inc. (RIOT) at 26.63%. This indicates that CAN's price experiences larger fluctuations and is considered to be riskier than RIOT 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%60.00%JulyAugustSeptemberOctoberNovemberDecember
45.15%
26.63%
CAN
RIOT

Financials

CAN vs. RIOT - Financials Comparison

This section allows you to compare key financial metrics between Canaan Inc. 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
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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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