CIFR vs. BTC-USD
Compare and contrast key facts about Cipher Mining Inc. (CIFR) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CIFR or BTC-USD.
Key characteristics
| CIFR | BTC-USD | |
|---|---|---|
| YTD Return | 60.29% | 114.32% |
| 1Y Return | 132.28% | 154.90% |
| 3Y Return (Ann) | -7.72% | 11.43% |
| Sharpe Ratio | 1.08 | 1.07 |
| Sortino Ratio | 2.19 | 1.78 |
| Omega Ratio | 1.24 | 1.17 |
| Calmar Ratio | 1.54 | 0.91 |
| Martin Ratio | 4.14 | 4.39 |
| Ulcer Index | 31.40% | 13.18% |
| Daily Std Dev | 120.47% | 44.55% |
| Max Drawdown | -97.16% | -93.07% |
| Current Drawdown | -54.41% | 0.00% |
Correlation
The correlation between CIFR and BTC-USD is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CIFR vs. BTC-USD - Performance Comparison
In the year-to-date period, CIFR achieves a 60.29% return, which is significantly lower than BTC-USD's 114.32% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
CIFR vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cipher Mining Inc. (CIFR) and Bitcoin (BTC-USD). 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.
Drawdowns
CIFR vs. BTC-USD - Drawdown Comparison
The maximum CIFR drawdown since its inception was -97.16%, roughly equal to the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for CIFR and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
CIFR vs. BTC-USD - Volatility Comparison
Cipher Mining Inc. (CIFR) has a higher volatility of 37.57% compared to Bitcoin (BTC-USD) at 15.70%. This indicates that CIFR's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.