CLSK vs. BITF
Compare and contrast key facts about CleanSpark, Inc. (CLSK) and Bitfarms Ltd. (BITF).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CLSK or BITF.
Correlation
The correlation between CLSK and BITF is 0.54, 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
CLSK vs. BITF - Performance Comparison
Key characteristics
CLSK:
0.14
BITF:
-0.32
CLSK:
1.17
BITF:
0.12
CLSK:
1.13
BITF:
1.01
CLSK:
0.18
BITF:
-0.37
CLSK:
0.42
BITF:
-0.81
CLSK:
38.19%
BITF:
37.45%
CLSK:
116.74%
BITF:
94.31%
CLSK:
-98.56%
BITF:
-95.72%
CLSK:
-82.96%
BITF:
-76.66%
Fundamentals
CLSK:
$3.65B
BITF:
$993.00M
CLSK:
-$0.69
BITF:
-$0.38
CLSK:
$378.97M
BITF:
$184.01M
CLSK:
$122.49M
BITF:
-$31.89M
CLSK:
$16.28M
BITF:
$50.79M
Returns By Period
In the year-to-date period, CLSK achieves a 12.06% return, which is significantly higher than BITF's -28.87% return.
CLSK
12.06%
-11.90%
-36.55%
14.02%
17.37%
N/A
BITF
-28.87%
-8.00%
-34.29%
-29.11%
37.20%
N/A
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Risk-Adjusted Performance
CLSK vs. BITF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CleanSpark, Inc. (CLSK) and Bitfarms Ltd. (BITF). 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
CLSK vs. BITF - Dividend Comparison
Neither CLSK nor BITF has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | |
---|---|---|---|---|
CleanSpark, Inc. | 0.00% | 0.00% | 0.00% | 1.26% |
Bitfarms Ltd. | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CLSK vs. BITF - Drawdown Comparison
The maximum CLSK drawdown since its inception was -98.56%, roughly equal to the maximum BITF drawdown of -95.72%. Use the drawdown chart below to compare losses from any high point for CLSK and BITF. For additional features, visit the drawdowns tool.
Volatility
CLSK vs. BITF - Volatility Comparison
CleanSpark, Inc. (CLSK) has a higher volatility of 29.99% compared to Bitfarms Ltd. (BITF) at 24.10%. This indicates that CLSK's price experiences larger fluctuations and is considered to be riskier than BITF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CLSK vs. BITF - Financials Comparison
This section allows you to compare key financial metrics between CleanSpark, Inc. and Bitfarms Ltd.. 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