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CIFR vs. CLSK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between CIFR and CLSK is 0.39, 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. CLSK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cipher Mining Inc. (CIFR) and CleanSpark, Inc. (CLSK). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CIFR:

-0.05

CLSK:

-0.41

Sortino Ratio

CIFR:

0.95

CLSK:

0.05

Omega Ratio

CIFR:

1.11

CLSK:

1.00

Calmar Ratio

CIFR:

0.05

CLSK:

-0.41

Martin Ratio

CIFR:

0.10

CLSK:

-0.85

Ulcer Index

CIFR:

38.62%

CLSK:

43.83%

Daily Std Dev

CIFR:

114.13%

CLSK:

100.74%

Max Drawdown

CIFR:

-97.16%

CLSK:

-98.56%

Current Drawdown

CIFR:

-73.42%

CLSK:

-86.52%

Fundamentals

Market Cap

CIFR:

$1.43B

CLSK:

$2.75B

EPS

CIFR:

-$0.38

CLSK:

-$1.11

PS Ratio

CIFR:

9.42

CLSK:

5.11

PB Ratio

CIFR:

1.95

CLSK:

1.45

Total Revenue (TTM)

CIFR:

$152.09M

CLSK:

$537.40M

Gross Profit (TTM)

CIFR:

$7.34M

CLSK:

$216.54M

EBITDA (TTM)

CIFR:

$3.51M

CLSK:

$45.48M

Returns By Period

In the year-to-date period, CIFR achieves a -16.81% return, which is significantly lower than CLSK's 6.19% return.


CIFR

YTD

-16.81%

1M

62.87%

6M

-41.78%

1Y

0.26%

5Y*

N/A

10Y*

N/A

CLSK

YTD

6.19%

1M

30.23%

6M

-30.29%

1Y

-38.99%

5Y*

42.28%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

CIFR vs. CLSK — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CIFR
The Risk-Adjusted Performance Rank of CIFR is 5555
Overall Rank
The Sharpe Ratio Rank of CIFR is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of CIFR is 6363
Sortino Ratio Rank
The Omega Ratio Rank of CIFR is 5959
Omega Ratio Rank
The Calmar Ratio Rank of CIFR is 5353
Calmar Ratio Rank
The Martin Ratio Rank of CIFR is 5151
Martin Ratio Rank

CLSK
The Risk-Adjusted Performance Rank of CLSK is 3131
Overall Rank
The Sharpe Ratio Rank of CLSK is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of CLSK is 3737
Sortino Ratio Rank
The Omega Ratio Rank of CLSK is 3636
Omega Ratio Rank
The Calmar Ratio Rank of CLSK is 2424
Calmar Ratio Rank
The Martin Ratio Rank of CLSK is 3131
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CIFR vs. CLSK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Cipher Mining Inc. (CIFR) and CleanSpark, Inc. (CLSK). 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.


The current CIFR Sharpe Ratio is -0.05, which is higher than the CLSK Sharpe Ratio of -0.41. The chart below compares the historical Sharpe Ratios of CIFR and CLSK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CIFR vs. CLSK - Dividend Comparison

Neither CIFR nor CLSK has paid dividends to shareholders.


TTM2024202320222021
CIFR
Cipher Mining Inc.
0.00%0.00%0.00%0.00%0.00%
CLSK
CleanSpark, Inc.
0.00%0.00%0.00%0.00%1.26%

Drawdowns

CIFR vs. CLSK - Drawdown Comparison

The maximum CIFR drawdown since its inception was -97.16%, roughly equal to the maximum CLSK drawdown of -98.56%. Use the drawdown chart below to compare losses from any high point for CIFR and CLSK. For additional features, visit the drawdowns tool.


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Volatility

CIFR vs. CLSK - Volatility Comparison

Cipher Mining Inc. (CIFR) has a higher volatility of 31.00% compared to CleanSpark, Inc. (CLSK) at 24.04%. This indicates that CIFR's price experiences larger fluctuations and is considered to be riskier than CLSK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

CIFR vs. CLSK - Financials Comparison

This section allows you to compare key financial metrics between Cipher Mining Inc. and CleanSpark, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0050.00M100.00M150.00M200.00MJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
48.96M
181.71M
(CIFR) Total Revenue
(CLSK) Total Revenue
Values in USD except per share items

CIFR vs. CLSK - Profitability Comparison

The chart below illustrates the profitability comparison between Cipher Mining Inc. and CleanSpark, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-40.0%-20.0%0.0%20.0%40.0%60.0%80.0%JulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
40.4%
53.0%
(CIFR) Gross Margin
(CLSK) Gross Margin
CIFR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Cipher Mining Inc. reported a gross profit of 19.76M and revenue of 48.96M. Therefore, the gross margin over that period was 40.4%.

CLSK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, CleanSpark, Inc. reported a gross profit of 96.29M and revenue of 181.71M. Therefore, the gross margin over that period was 53.0%.

CIFR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Cipher Mining Inc. reported an operating income of -38.09M and revenue of 48.96M, resulting in an operating margin of -77.8%.

CLSK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, CleanSpark, Inc. reported an operating income of -138.02M and revenue of 181.71M, resulting in an operating margin of -76.0%.

CIFR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Cipher Mining Inc. reported a net income of -38.98M and revenue of 48.96M, resulting in a net margin of -79.6%.

CLSK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, CleanSpark, Inc. reported a net income of -138.79M and revenue of 181.71M, resulting in a net margin of -76.4%.