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.
Performance
CIFR vs. BTC-USD - Performance Comparison
Returns By Period
In the year-to-date period, CIFR achieves a 49.88% return, which is significantly lower than BTC-USD's 133.06% return.
CIFR
49.88%
12.55%
58.72%
142.75%
N/A
N/A
BTC-USD
133.06%
46.23%
45.01%
163.15%
67.83%
74.47%
Key characteristics
| CIFR | BTC-USD | |
|---|---|---|
| Sharpe Ratio | 1.28 | 1.09 |
| Sortino Ratio | 2.36 | 1.80 |
| Omega Ratio | 1.26 | 1.18 |
| Calmar Ratio | 1.82 | 0.94 |
| Martin Ratio | 4.90 | 5.10 |
| Ulcer Index | 31.39% | 11.65% |
| Daily Std Dev | 119.90% | 44.23% |
| Max Drawdown | -97.16% | -93.07% |
| Current Drawdown | -57.37% | 0.00% |
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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.
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 35.31% compared to Bitcoin (BTC-USD) at 16.79%. 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.