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

Correlation

The correlation between CLSK and BTBT is 0.44, 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. BTBT - Performance Comparison

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

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Key characteristics

Sharpe Ratio

CLSK:

-0.41

BTBT:

0.04

Sortino Ratio

CLSK:

0.05

BTBT:

0.95

Omega Ratio

CLSK:

1.00

BTBT:

1.10

Calmar Ratio

CLSK:

-0.41

BTBT:

0.06

Martin Ratio

CLSK:

-0.85

BTBT:

0.14

Ulcer Index

CLSK:

43.83%

BTBT:

37.13%

Daily Std Dev

CLSK:

100.74%

BTBT:

109.85%

Max Drawdown

CLSK:

-98.56%

BTBT:

-98.16%

Current Drawdown

CLSK:

-86.52%

BTBT:

-91.87%

Fundamentals

Market Cap

CLSK:

$2.75B

BTBT:

$494.52M

EPS

CLSK:

-$1.11

BTBT:

$0.19

PS Ratio

CLSK:

5.11

BTBT:

4.60

PB Ratio

CLSK:

1.45

BTBT:

1.07

Total Revenue (TTM)

CLSK:

$537.40M

BTBT:

$102.87M

Gross Profit (TTM)

CLSK:

$216.54M

BTBT:

$87.25M

EBITDA (TTM)

CLSK:

$45.48M

BTBT:

-$23.72M

Returns By Period

In the year-to-date period, CLSK achieves a 6.19% return, which is significantly higher than BTBT's -18.77% return.


CLSK

YTD

6.19%

1M

30.23%

6M

-30.29%

1Y

-38.99%

5Y*

42.28%

10Y*

N/A

BTBT

YTD

-18.77%

1M

33.71%

6M

-44.26%

1Y

9.68%

5Y*

18.30%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

CLSK vs. BTBT — Risk-Adjusted Performance Rank

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

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

BTBT
The Risk-Adjusted Performance Rank of BTBT is 5656
Overall Rank
The Sharpe Ratio Rank of BTBT is 5353
Sharpe Ratio Rank
The Sortino Ratio Rank of BTBT is 6363
Sortino Ratio Rank
The Omega Ratio Rank of BTBT is 5858
Omega Ratio Rank
The Calmar Ratio Rank of BTBT is 5454
Calmar Ratio Rank
The Martin Ratio Rank of BTBT is 5252
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.

CLSK vs. BTBT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for CleanSpark, Inc. (CLSK) and Bit Digital, Inc. (BTBT). 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 CLSK Sharpe Ratio is -0.41, which is lower than the BTBT Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of CLSK and BTBT, 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

CLSK vs. BTBT - Dividend Comparison

Neither CLSK nor BTBT has paid dividends to shareholders.


TTM2024202320222021
CLSK
CleanSpark, Inc.
0.00%0.00%0.00%0.00%1.26%
BTBT
Bit Digital, Inc.
0.00%0.00%0.00%0.00%0.00%

Drawdowns

CLSK vs. BTBT - Drawdown Comparison

The maximum CLSK drawdown since its inception was -98.56%, roughly equal to the maximum BTBT drawdown of -98.16%. Use the drawdown chart below to compare losses from any high point for CLSK and BTBT. For additional features, visit the drawdowns tool.


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Volatility

CLSK vs. BTBT - Volatility Comparison

CleanSpark, Inc. (CLSK) has a higher volatility of 24.04% compared to Bit Digital, Inc. (BTBT) at 21.66%. This indicates that CLSK's price experiences larger fluctuations and is considered to be riskier than BTBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

CLSK vs. BTBT - Financials Comparison

This section allows you to compare key financial metrics between CleanSpark, Inc. and Bit Digital, 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


0.0050.00M100.00M150.00M200.00M20212022202320242025
181.71M
25.11M
(CLSK) Total Revenue
(BTBT) Total Revenue
Values in USD except per share items