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

Correlation

The correlation between CLSK and BTBT is 0.62, 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.


-0.50.00.51.00.6

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.

600.00%800.00%1,000.00%1,200.00%1,400.00%1,600.00%JulyAugustSeptemberOctoberNovemberDecember
881.36%
1,206.06%
CLSK
BTBT

Key characteristics

Sharpe Ratio

CLSK:

0.12

BTBT:

0.27

Sortino Ratio

CLSK:

1.15

BTBT:

1.34

Omega Ratio

CLSK:

1.12

BTBT:

1.14

Calmar Ratio

CLSK:

0.16

BTBT:

0.33

Martin Ratio

CLSK:

0.38

BTBT:

0.76

Ulcer Index

CLSK:

38.07%

BTBT:

40.98%

Daily Std Dev

CLSK:

116.97%

BTBT:

115.14%

Max Drawdown

CLSK:

-98.56%

BTBT:

-98.16%

Current Drawdown

CLSK:

-82.79%

BTBT:

-85.28%

Fundamentals

Market Cap

CLSK:

$3.75B

BTBT:

$686.19M

EPS

CLSK:

-$0.69

BTBT:

-$0.03

Total Revenue (TTM)

CLSK:

$378.97M

BTBT:

$98.00M

Gross Profit (TTM)

CLSK:

$122.49M

BTBT:

$31.01M

EBITDA (TTM)

CLSK:

$16.28M

BTBT:

$54.65M

Returns By Period

In the year-to-date period, CLSK achieves a 13.15% return, which is significantly higher than BTBT's 1.89% return.


CLSK

YTD

13.15%

1M

-11.05%

6M

-35.14%

1Y

17.29%

5Y (annualized)

18.46%

10Y (annualized)

N/A

BTBT

YTD

1.89%

1M

0.94%

6M

50.70%

1Y

34.69%

5Y (annualized)

N/A

10Y (annualized)

N/A

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for CLSK, currently valued at 0.12, compared to the broader market-4.00-2.000.002.000.120.27
The chart of Sortino ratio for CLSK, currently valued at 1.15, compared to the broader market-4.00-2.000.002.004.001.151.34
The chart of Omega ratio for CLSK, currently valued at 1.12, compared to the broader market0.501.001.502.001.121.14
The chart of Calmar ratio for CLSK, currently valued at 0.17, compared to the broader market0.002.004.006.000.170.33
The chart of Martin ratio for CLSK, currently valued at 0.38, compared to the broader market0.0010.0020.0030.000.380.76
CLSK
BTBT

The current CLSK Sharpe Ratio is 0.12, which is lower than the BTBT Sharpe Ratio of 0.27. 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.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.12
0.27
CLSK
BTBT

Dividends

CLSK vs. BTBT - Dividend Comparison

Neither CLSK nor BTBT has paid dividends to shareholders.


TTM202320222021
CLSK
CleanSpark, Inc.
0.00%0.00%0.00%1.26%
BTBT
Bit Digital, Inc.
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.


-90.00%-80.00%-70.00%-60.00%-50.00%JulyAugustSeptemberOctoberNovemberDecember
-68.90%
-85.28%
CLSK
BTBT

Volatility

CLSK vs. BTBT - Volatility Comparison

The current volatility for CleanSpark, Inc. (CLSK) is 30.00%, while Bit Digital, Inc. (BTBT) has a volatility of 34.78%. This indicates that CLSK experiences smaller price fluctuations and is considered to be less risky than BTBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


15.00%20.00%25.00%30.00%35.00%40.00%45.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
30.00%
34.78%
CLSK
BTBT

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


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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