CLSK vs. BTC-USD
Compare and contrast key facts about CleanSpark, Inc. (CLSK) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CLSK or BTC-USD.
Correlation
The correlation between CLSK and BTC-USD is 0.26, 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
CLSK vs. BTC-USD - Performance Comparison
Key characteristics
CLSK:
-0.71
BTC-USD:
0.64
CLSK:
-1.16
BTC-USD:
1.27
CLSK:
0.88
BTC-USD:
1.13
CLSK:
-0.78
BTC-USD:
0.43
CLSK:
-1.52
BTC-USD:
3.07
CLSK:
46.80%
BTC-USD:
10.95%
CLSK:
99.72%
BTC-USD:
42.46%
CLSK:
-98.56%
BTC-USD:
-93.07%
CLSK:
-90.74%
BTC-USD:
-22.23%
Returns By Period
In the year-to-date period, CLSK achieves a -27.04% return, which is significantly lower than BTC-USD's -11.65% return.
CLSK
-27.04%
-15.89%
-28.05%
-68.32%
42.52%
N/A
BTC-USD
-11.65%
-4.05%
30.35%
15.72%
65.71%
78.29%
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Risk-Adjusted Performance
CLSK vs. BTC-USD — Risk-Adjusted Performance Rank
CLSK
BTC-USD
CLSK vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CleanSpark, Inc. (CLSK) and Bitcoin (BTC-USD). 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.
Drawdowns
CLSK vs. BTC-USD - Drawdown Comparison
The maximum CLSK drawdown since its inception was -98.56%, which is greater than BTC-USD's maximum drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for CLSK and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
CLSK vs. BTC-USD - Volatility Comparison
CleanSpark, Inc. (CLSK) has a higher volatility of 30.61% compared to Bitcoin (BTC-USD) at 19.55%. This indicates that CLSK's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.