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

Correlation

The correlation between CLSK and IREN is 0.65, 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. IREN - Performance Comparison

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

-60.00%-40.00%-20.00%0.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-35.93%
-0.30%
CLSK
IREN

Key characteristics

Sharpe Ratio

CLSK:

0.12

IREN:

1.08

Sortino Ratio

CLSK:

1.15

IREN:

2.32

Omega Ratio

CLSK:

1.12

IREN:

1.24

Calmar Ratio

CLSK:

0.16

IREN:

1.61

Martin Ratio

CLSK:

0.38

IREN:

3.55

Ulcer Index

CLSK:

38.07%

IREN:

38.59%

Daily Std Dev

CLSK:

116.97%

IREN:

126.74%

Max Drawdown

CLSK:

-98.56%

IREN:

-95.73%

Current Drawdown

CLSK:

-82.79%

IREN:

-43.91%

Fundamentals

Market Cap

CLSK:

$3.75B

IREN:

$2.92B

EPS

CLSK:

-$0.69

IREN:

-$0.48

PEG Ratio

CLSK:

0.00

IREN:

4.05

Total Revenue (TTM)

CLSK:

$378.97M

IREN:

$207.19M

Gross Profit (TTM)

CLSK:

$122.49M

IREN:

$120.70M

EBITDA (TTM)

CLSK:

$16.28M

IREN:

$9.43M

Returns By Period

In the year-to-date period, CLSK achieves a 13.15% return, which is significantly lower than IREN's 94.55% return.


CLSK

YTD

13.15%

1M

-11.05%

6M

-35.14%

1Y

17.29%

5Y (annualized)

18.46%

10Y (annualized)

N/A

IREN

YTD

94.55%

1M

30.37%

6M

-3.74%

1Y

131.45%

5Y (annualized)

N/A

10Y (annualized)

N/A

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

CLSK vs. IREN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for CleanSpark, Inc. (CLSK) and Iris Energy Limited (IREN). 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-4.00-2.000.002.000.121.08
The chart of Sortino ratio for CLSK, currently valued at 1.15, compared to the broader market-4.00-2.000.002.004.001.152.32
The chart of Omega ratio for CLSK, currently valued at 1.12, compared to the broader market0.501.001.502.001.121.24
The chart of Calmar ratio for CLSK, currently valued at 0.22, compared to the broader market0.002.004.006.000.221.61
The chart of Martin ratio for CLSK, currently valued at 0.38, compared to the broader market0.0010.0020.0030.000.383.55
CLSK
IREN

The current CLSK Sharpe Ratio is 0.12, which is lower than the IREN Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of CLSK and IREN, 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 Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.12
1.08
CLSK
IREN

Dividends

CLSK vs. IREN - Dividend Comparison

Neither CLSK nor IREN has paid dividends to shareholders.


TTM202320222021
CLSK
CleanSpark, Inc.
0.00%0.00%0.00%1.26%
IREN
Iris Energy Limited
0.00%0.00%0.00%0.00%

Drawdowns

CLSK vs. IREN - Drawdown Comparison

The maximum CLSK drawdown since its inception was -98.56%, roughly equal to the maximum IREN drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for CLSK and IREN. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-46.67%
-43.91%
CLSK
IREN

Volatility

CLSK vs. IREN - Volatility Comparison

The current volatility for CleanSpark, Inc. (CLSK) is 30.00%, while Iris Energy Limited (IREN) has a volatility of 37.26%. This indicates that CLSK experiences smaller price fluctuations and is considered to be less risky than IREN 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%
37.26%
CLSK
IREN

Financials

CLSK vs. IREN - Financials Comparison

This section allows you to compare key financial metrics between CleanSpark, Inc. and Iris Energy Limited. 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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