CAN vs. SE
CAN (Canaan Inc.) and SE (Sea Limited) are both stocks. CAN operates in Computer Hardware (Technology), while SE operates in Electronic Gaming & Multimedia (Communication Services). Over the past 5 years, CAN returned -48.36%/yr vs -21.47%/yr for SE. At a 0.31 correlation, their price movements are largely independent.
Performance
CAN vs. SE - Performance Comparison
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Returns By Period
In the year-to-date period, CAN achieves a -53.59% return, which is significantly lower than SE's -34.98% return.
CAN
- 1D
- -3.12%
- 1M
- -36.01%
- YTD
- -53.59%
- 6M
- -61.90%
- 1Y
- -51.92%
- 3Y*
- -47.48%
- 5Y*
- -48.36%
- 10Y*
- —
SE
- 1D
- -3.21%
- 1M
- -6.00%
- YTD
- -34.98%
- 6M
- -33.66%
- 1Y
- -46.28%
- 3Y*
- 8.08%
- 5Y*
- -21.47%
- 10Y*
- —
CAN vs. SE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CAN Canaan Inc. | -53.59% | -66.34% | -11.26% | 12.14% | -60.00% | -13.15% | -2.79% | -32.22% |
SE Sea Limited | -34.98% | 20.24% | 161.98% | -22.16% | -76.74% | 12.39% | 394.90% | 8.67% |
Correlation
The correlation between CAN and SE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Nov 20, 2019 | 0.31 |
The correlation between CAN and SE shifts across timeframes, from 0.23 (1 year) to 0.34 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CAN:
$221.39M
SE:
$52.76B
CAN:
-$0.38
SE:
$2.57
CAN:
0.35
SE:
2.06
CAN:
0.58
SE:
4.11
CAN:
$510.04M
SE:
$25.19B
CAN:
$17.56M
SE:
$11.15B
CAN:
-$144.51M
SE:
$2.33B
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Return for Risk
CAN vs. SE — Risk / Return Rank
CAN
SE
CAN vs. SE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canaan Inc. (CAN) and Sea Limited (SE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CAN | SE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.46 | ||
| Sortino ratioReturn per unit of downside risk | +1.20 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.83 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.65 | -0.77 | +0.13 |
| Martin ratioReturn relative to average drawdown | -0.98 | -1.27 | +0.29 |
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Drawdowns
CAN vs. SE - Drawdown Comparison
The maximum CAN drawdown since its inception was -99.12%, which is greater than SE's maximum drawdown of -90.51%. Use the drawdown chart below to compare losses from any high point for CAN and SE.
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Drawdown Indicators
| CAN | SE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.12% | -90.51% | -8.61% |
Max Drawdown (1Y)Largest decline over 1 year | -84.38% | -60.22% | -24.16% |
Max Drawdown (3Y)Largest decline over 3 years | -89.96% | -60.22% | -29.74% |
Max Drawdown (5Y)Largest decline over 5 years | -97.01% | -90.51% | -6.50% |
Current DrawdownCurrent decline from peak | -99.12% | -77.40% | -21.72% |
Average DrawdownAverage peak-to-trough decline | -83.76% | -44.10% | -39.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.75% | 36.57% | +19.18% |
Volatility
CAN vs. SE - Volatility Comparison
Canaan Inc. (CAN) has a higher volatility of 21.58% compared to Sea Limited (SE) at 14.69%. This indicates that CAN's price experiences larger fluctuations and is considered to be riskier than SE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAN | SE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.58% | 14.69% | +6.89% |
Volatility (6M)Calculated over the trailing 6-month period | 60.29% | 38.05% | +22.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 119.49% | 50.74% | +68.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 111.42% | 64.13% | +47.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 126.32% | 62.59% | +63.73% |
Dividends
CAN vs. SE - Dividend Comparison
Neither CAN nor SE has paid dividends to shareholders.
Financials
CAN vs. SE - Financials Comparison
This section allows you to compare key financial metrics between Canaan Inc. and Sea Limited. 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
Frequently Asked Questions
CAN and SE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAN has higher volatility (21.58%) compared to SE (14.69%). In terms of maximum drawdown, CAN dropped -99.12% vs SE's -90.51%.
CAN currently has the higher Sharpe Ratio (-0.46 vs -0.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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