CIFRW vs. HIVE

Last updated Apr 1, 2026

Compare and contrast key facts about Cipher Mining Inc (CIFRW) and HIVE Blockchain Technologies Ltd (HIVE).

Performance

CIFRW vs. HIVE - Performance Comparison

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

CIFRW vs. HIVE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CIFRW Cipher Mining Inc	0.00%	202.27%	-21.79%	2,778.54%	-94.68%	7.10%	44.52%
HIVE HIVE Blockchain Technologies Ltd	-26.36%	-9.47%	-37.09%	214.58%	-89.09%	39.68%	67.26%

Fundamentals

Market Cap CIFRW : $1.56B HIVE : $454.17M
EPS CIFRW : -$2.18 HIVE : -$0.33
PS Ratio CIFRW : 6.02 HIVE : 1.63
PB Ratio CIFRW : 1.87 HIVE : 0.81
Total Revenue (TTM) CIFRW : $256.76M HIVE : $257.14M
Gross Profit (TTM) CIFRW : $101.17M HIVE : $58.57M
EBITDA (TTM) CIFRW : -$572.32M HIVE : $87.81M

Returns By Period

CIFRW

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: -18.20%
• 1Y: 1,139.39%
• 3Y*: 129.15%
• 5Y*: 18.37%
• 10Y*: —

HIVE

• 1D: 8.57%
• 1M: -11.21%
• YTD: -26.36%
• 6M: -52.85%
• 1Y: 31.03%
• 3Y*: -16.72%
• 5Y*: -37.45%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CIFRW vs. HIVE — Risk / Return Rank

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

CIFRW

CIFRW Risk / Return Rank: 87
CIFRW Sharpe Ratio Rank: 100
CIFRW Sortino Ratio Rank: 98
CIFRW Omega Ratio Rank: 96
CIFRW Calmar Ratio Rank: 74
CIFRW Martin Ratio Rank: 65

HIVE

HIVE Risk / Return Rank: 55
HIVE Sharpe Ratio Rank: 55
HIVE Sortino Ratio Rank: 61
HIVE Omega Ratio Rank: 57
HIVE Calmar Ratio Rank: 51
HIVE Martin Ratio Rank: 50

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CIFRW vs. HIVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cipher Mining Inc (CIFRW) and HIVE Blockchain Technologies Ltd (HIVE). 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.

	CIFRW	HIVE	Difference
Sharpe ratio Return per unit of total volatility	8.61	0.36	+8.25
Sortino ratio Return per unit of downside risk	4.35	1.18	+3.17
Omega ratio Gain probability vs. loss probability	1.55	1.14	+0.42
Calmar ratio Return relative to maximum drawdown	1.71	0.36	+1.36
Martin ratio Return relative to average drawdown	2.59	0.68	+1.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CIFRW vs. HIVE - Sharpe Ratio Comparison

The current CIFRW Sharpe Ratio is 8.61, which is higher than the HIVE Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of CIFRW and HIVE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CIFRW	HIVE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	8.61	0.36	+8.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	-0.40	+0.51
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	-0.19	+0.41

Correlation

The correlation between CIFRW and HIVE is 0.41, 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.

Dividends

CIFRW vs. HIVE - Dividend Comparison

Neither CIFRW nor HIVE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

CIFRW vs. HIVE - Drawdown Comparison

The maximum CIFRW drawdown since its inception was -98.68%, roughly equal to the maximum HIVE drawdown of -97.73%. Use the drawdown chart below to compare losses from any high point for CIFRW and HIVE.

Drawdown Indicators

	CIFRW	HIVE	Difference
Max Drawdown Largest peak-to-trough decline	-98.68%	-97.73%	-0.95%
Max Drawdown (1Y) Largest decline over 1 year	-71.70%	-74.86%	+3.16%
Max Drawdown (5Y) Largest decline over 5 years	-98.57%	-94.61%	-3.96%
Current Drawdown Current decline from peak	-69.86%	-92.92%	+23.06%
Average Drawdown Average peak-to-trough decline	-64.55%	-78.35%	+13.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	55.93%	39.08%	+16.85%

Volatility

CIFRW vs. HIVE - Volatility Comparison

The current volatility for Cipher Mining Inc (CIFRW) is 0.00%, while HIVE Blockchain Technologies Ltd (HIVE) has a volatility of 22.67%. This indicates that CIFRW experiences smaller price fluctuations and is considered to be less risky than HIVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CIFRW	HIVE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	22.67%	-22.67%
Volatility (6M) Calculated over the trailing 6-month period	132.57%	66.86%	+65.71%
Volatility (1Y) Calculated over the trailing 1-year period	193.36%	87.64%	+105.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	180.61%	93.05%	+87.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	184.41%	109.03%	+75.38%

Financials