CANG vs. SLNH
CANG (Cango Inc.) and SLNH (Soluna Holdings, Inc.) are both stocks. CANG operates in Internet Content & Information (Communication Services), while SLNH operates in Scientific & Technical Instruments (Technology). Over the past 5 years, CANG returned -22.34%/yr vs -60.58%/yr for SLNH. At a 0.16 correlation, their price movements are largely independent.
Performance
CANG vs. SLNH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CANG achieves a -84.60% return, which is significantly lower than SLNH's 42.74% return.
CANG
- 1D
- 21.58%
- 1M
- -52.68%
- YTD
- -84.60%
- 6M
- -84.18%
- 1Y
- -89.62%
- 3Y*
- -25.78%
- 5Y*
- -22.34%
- 10Y*
- —
SLNH
- 1D
- -2.91%
- 1M
- -2.34%
- YTD
- 42.74%
- 6M
- 8.44%
- 1Y
- 198.75%
- 3Y*
- -30.03%
- 5Y*
- -60.58%
- 10Y*
- -17.03%
CANG vs. SLNH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CANG Cango Inc. | -84.60% | -31.82% | 331.37% | -22.02% | 35.99% | -50.19% | -19.72% | 19.71% | -36.48% |
SLNH Soluna Holdings, Inc. | 42.74% | -44.29% | -47.50% | -38.67% | -97.58% | 128.45% | 602.99% | 47.87% | 9.12% |
Correlation
The correlation between CANG and SLNH is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2018 | 0.16 |
The correlation between CANG and SLNH shifts across timeframes, from 0.16 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
CANG:
$82.84M
SLNH:
$140.45M
CANG:
-CN¥10.61
SLNH:
-$1.63
CANG:
0.26
SLNH:
1.95
CANG:
0.39
SLNH:
2.97
CANG:
CN¥2.32B
SLNH:
$33.18M
CANG:
-CN¥783.34M
SLNH:
$28.87M
CANG:
-CN¥1.82B
SLNH:
-$25.84M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CANG vs. SLNH — Risk / Return Rank
CANG
SLNH
CANG vs. SLNH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cango Inc. (CANG) and Soluna Holdings, Inc. (SLNH). 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.
| CANG | SLNH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.78 | ||
| Sortino ratioReturn per unit of downside risk | -4.85 | ||
| Omega ratioGain probability vs. loss probability | 0.76 | 1.32 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | 2.32 | -3.28 |
| Martin ratioReturn relative to average drawdown | -1.60 | 3.22 | -4.82 |
Loading charts...
Drawdowns
CANG vs. SLNH - Drawdown Comparison
The maximum CANG drawdown since its inception was -95.25%, roughly equal to the maximum SLNH drawdown of -99.90%. Use the drawdown chart below to compare losses from any high point for CANG and SLNH.
Loading charts...
Drawdown Indicators
| CANG | SLNH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.25% | -99.90% | +4.65% |
Max Drawdown (1Y)Largest decline over 1 year | -93.09% | -86.26% | -6.83% |
Max Drawdown (3Y)Largest decline over 3 years | -95.25% | -95.57% | +0.32% |
Max Drawdown (5Y)Largest decline over 5 years | -95.25% | -99.90% | +4.65% |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.90% | — |
Current DrawdownCurrent decline from peak | -94.22% | -99.60% | +5.38% |
Average DrawdownAverage peak-to-trough decline | -59.91% | -57.14% | -2.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.86% | 62.03% | -6.17% |
Volatility
CANG vs. SLNH - Volatility Comparison
Cango Inc. (CANG) has a higher volatility of 61.58% compared to Soluna Holdings, Inc. (SLNH) at 27.17%. This indicates that CANG's price experiences larger fluctuations and is considered to be riskier than SLNH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CANG | SLNH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 61.58% | 27.17% | +34.41% |
Volatility (6M)Calculated over the trailing 6-month period | 104.79% | 102.05% | +2.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 112.25% | 205.35% | -93.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.40% | 143.88% | -58.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.26% | 128.69% | -43.43% |
Dividends
CANG vs. SLNH - Dividend Comparison
Neither CANG nor SLNH has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CANG Cango Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 229.36% | 31.85% | 3.57% | 2.73% |
SLNH Soluna Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 110.45% |
Financials
CANG vs. SLNH - Financials Comparison
This section allows you to compare key financial metrics between Cango Inc. and Soluna 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
Frequently Asked Questions
CANG and SLNH have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CANG has higher volatility (61.58%) compared to SLNH (27.17%). In terms of maximum drawdown, CANG dropped -95.25% vs SLNH's -99.90%.
SLNH currently has the higher Sharpe Ratio (0.98 vs -0.80), 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.
Find the right allocation for CANG and SLNH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer