CRNT vs. CLSK
CRNT (Ceragon Networks Ltd.) and CLSK (CleanSpark, Inc.) are both stocks. Both are in the Technology sector — CRNT in Communication Equipment, CLSK in Software - Application. Over the past 10 years, CRNT returned 5.98%/yr vs -5.95%/yr for CLSK. At a 0.21 correlation, their price movements are largely independent.
Performance
CRNT vs. CLSK - Performance Comparison
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Returns By Period
In the year-to-date period, CRNT achieves a 52.38% return, which is significantly lower than CLSK's 65.81% return. Over the past 10 years, CRNT has outperformed CLSK with an annualized return of 5.98%, while CLSK has yielded a comparatively lower -5.95% annualized return.
CRNT
- 1D
- 4.23%
- 1M
- 15.11%
- YTD
- 52.38%
- 6M
- 61.62%
- 1Y
- 31.69%
- 3Y*
- 18.98%
- 5Y*
- -2.91%
- 10Y*
- 5.98%
CLSK
- 1D
- -4.71%
- 1M
- 25.13%
- YTD
- 65.81%
- 6M
- 11.64%
- 1Y
- 76.08%
- 3Y*
- 62.37%
- 5Y*
- 0.32%
- 10Y*
- -5.95%
CRNT vs. CLSK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CRNT Ceragon Networks Ltd. | 52.38% | -55.03% | 116.20% | 13.09% | -25.97% | -7.19% | 32.38% | -44.44% | 90.91% | -24.43% |
CLSK CleanSpark, Inc. | 65.81% | 9.88% | -16.50% | 440.69% | -78.57% | -67.23% | 442.99% | -73.90% | -15.98% | -30.29% |
Correlation
The correlation between CRNT and CLSK is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2016 | 0.21 |
Over the past year, CRNT and CLSK have become more correlated (0.44) than their long-term average of 0.21, meaning their price movements have been converging.
Fundamentals
CRNT:
-$0.03
CLSK:
-$2.24
CRNT:
0.87
CLSK:
5.07
CRNT:
$335.08M
CLSK:
$739.88M
CRNT:
$115.25M
CLSK:
$306.93M
CRNT:
$21.22M
CLSK:
-$103.41M
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Return for Risk
CRNT vs. CLSK — Risk / Return Rank
CRNT
CLSK
CRNT vs. CLSK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ceragon Networks Ltd. (CRNT) and CleanSpark, Inc. (CLSK). 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.
| CRNT | CLSK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.19 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.99 | 1.18 | -0.19 |
| Martin ratioReturn relative to average drawdown | 1.84 | 1.97 | -0.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CRNT | CLSK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 0.87 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.06 | 0.00 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.10 | -0.03 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | -0.03 | -0.09 |
Drawdowns
CRNT vs. CLSK - Drawdown Comparison
The maximum CRNT drawdown since its inception was -97.24%, roughly equal to the maximum CLSK drawdown of -98.56%. Use the drawdown chart below to compare losses from any high point for CRNT and CLSK.
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Drawdown Indicators
| CRNT | CLSK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.24% | -98.56% | +1.32% |
Max Drawdown (1Y)Largest decline over 1 year | -32.26% | -64.74% | +32.48% |
Max Drawdown (3Y)Largest decline over 3 years | -66.42% | -71.28% | +4.86% |
Max Drawdown (5Y)Largest decline over 5 years | -66.42% | -92.00% | +25.58% |
Max Drawdown (10Y)Largest decline over 10 years | -79.75% | -98.56% | +18.81% |
Current DrawdownCurrent decline from peak | -90.00% | -77.01% | -12.99% |
Average DrawdownAverage peak-to-trough decline | -85.13% | -69.49% | -15.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.31% | 38.67% | -21.36% |
Volatility
CRNT vs. CLSK - Volatility Comparison
The current volatility for Ceragon Networks Ltd. (CRNT) is 18.04%, while CleanSpark, Inc. (CLSK) has a volatility of 21.14%. This indicates that CRNT experiences smaller price fluctuations and is considered to be less risky than CLSK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRNT | CLSK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.04% | 21.14% | -3.10% |
Volatility (6M)Calculated over the trailing 6-month period | 33.29% | 62.43% | -29.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.90% | 88.30% | -37.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.20% | 100.73% | -49.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.62% | 183.19% | -121.57% |
Dividends
CRNT vs. CLSK - Dividend Comparison
Neither CRNT nor CLSK has paid dividends to shareholders.
Financials
CRNT vs. CLSK - Financials Comparison
This section allows you to compare key financial metrics between Ceragon Networks Ltd. and CleanSpark, 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.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
CRNT and CLSK have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLSK has higher volatility (21.14%) compared to CRNT (18.04%). In terms of maximum drawdown, CRNT dropped -97.24% vs CLSK's -98.56%.
CLSK currently has the higher Sharpe Ratio (0.87 vs 0.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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