CIFR vs. CAN
Compare and contrast key facts about Cipher Mining Inc. (CIFR) and Canaan Inc. (CAN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CIFR or CAN.
Correlation
The correlation between CIFR and CAN is 0.49, 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.
Performance
CIFR vs. CAN - Performance Comparison
Key characteristics
CIFR:
0.38
CAN:
-0.19
CIFR:
1.45
CAN:
0.59
CIFR:
1.16
CAN:
1.07
CIFR:
0.53
CAN:
-0.23
CIFR:
1.53
CAN:
-0.48
CIFR:
28.29%
CAN:
47.43%
CIFR:
114.16%
CAN:
121.17%
CIFR:
-97.16%
CAN:
-97.93%
CIFR:
-58.54%
CAN:
-95.11%
Fundamentals
CIFR:
$2.11B
CAN:
$434.49M
CIFR:
-$0.15
CAN:
-$1.43
CIFR:
$109.05M
CAN:
$217.32M
CIFR:
-$16.67M
CAN:
-$59.77M
CIFR:
$8.28M
CAN:
-$160.32M
Returns By Period
In the year-to-date period, CIFR achieves a 29.74% return, which is significantly higher than CAN's -13.17% return.
CIFR
29.74%
10.87%
48.64%
72.00%
N/A
N/A
CAN
-13.17%
-11.44%
74.51%
-17.21%
-21.28%
N/A
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. CAN — Risk-Adjusted Performance Rank
CIFR
CAN
CIFR vs. CAN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cipher Mining Inc. (CIFR) and Canaan Inc. (CAN). 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.
Dividends
CIFR vs. CAN - Dividend Comparison
Neither CIFR nor CAN has paid dividends to shareholders.
Drawdowns
CIFR vs. CAN - Drawdown Comparison
The maximum CIFR drawdown since its inception was -97.16%, roughly equal to the maximum CAN drawdown of -97.93%. Use the drawdown chart below to compare losses from any high point for CIFR and CAN. For additional features, visit the drawdowns tool.
Volatility
CIFR vs. CAN - Volatility Comparison
Cipher Mining Inc. (CIFR) has a higher volatility of 36.07% compared to Canaan Inc. (CAN) at 26.89%. This indicates that CIFR's price experiences larger fluctuations and is considered to be riskier than CAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CIFR vs. CAN - Financials Comparison
This section allows you to compare key financial metrics between Cipher Mining Inc. and Canaan 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