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

Correlation

The correlation between MARA and BTBT is 0.66, 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.


-0.50.00.51.00.7

Performance

MARA vs. BTBT - Performance Comparison

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

1,000.00%2,000.00%3,000.00%4,000.00%5,000.00%JulyAugustSeptemberOctoberNovemberDecember
3,892.00%
915.15%
MARA
BTBT

Key characteristics

Sharpe Ratio

MARA:

-0.09

BTBT:

0.01

Sortino Ratio

MARA:

0.71

BTBT:

0.95

Omega Ratio

MARA:

1.08

BTBT:

1.10

Calmar Ratio

MARA:

-0.11

BTBT:

0.01

Martin Ratio

MARA:

-0.26

BTBT:

0.03

Ulcer Index

MARA:

37.56%

BTBT:

41.21%

Daily Std Dev

MARA:

110.39%

BTBT:

115.95%

Max Drawdown

MARA:

-99.74%

BTBT:

-98.16%

Current Drawdown

MARA:

-87.10%

BTBT:

-88.55%

Fundamentals

Market Cap

MARA:

$8.35B

BTBT:

$647.81M

EPS

MARA:

$0.83

BTBT:

-$0.03

Total Revenue (TTM)

MARA:

$598.75M

BTBT:

$98.00M

Gross Profit (TTM)

MARA:

-$98.85M

BTBT:

$31.01M

EBITDA (TTM)

MARA:

$337.50M

BTBT:

$54.65M

Returns By Period

In the year-to-date period, MARA achieves a -15.03% return, which is significantly higher than BTBT's -20.80% return.


MARA

YTD

-15.03%

1M

-11.80%

6M

3.90%

1Y

-19.45%

5Y*

83.65%

10Y*

-18.55%

BTBT

YTD

-20.80%

1M

-17.28%

6M

26.89%

1Y

-3.18%

5Y*

N/A

10Y*

N/A

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Risk-Adjusted Performance

MARA vs. BTBT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Marathon Digital Holdings, Inc. (MARA) 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 MARA, currently valued at -0.09, compared to the broader market-4.00-2.000.002.00-0.090.01
The chart of Sortino ratio for MARA, currently valued at 0.71, compared to the broader market-4.00-2.000.002.004.000.710.95
The chart of Omega ratio for MARA, currently valued at 1.08, compared to the broader market0.501.001.502.001.081.10
The chart of Calmar ratio for MARA, currently valued at -0.12, compared to the broader market0.002.004.006.00-0.120.01
The chart of Martin ratio for MARA, currently valued at -0.26, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.260.03
MARA
BTBT

The current MARA Sharpe Ratio is -0.09, which is lower than the BTBT Sharpe Ratio of 0.01. The chart below compares the historical Sharpe Ratios of MARA 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 Ratio-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
-0.09
0.01
MARA
BTBT

Dividends

MARA vs. BTBT - Dividend Comparison

Neither MARA nor BTBT has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

MARA vs. BTBT - Drawdown Comparison

The maximum MARA drawdown since its inception was -99.74%, roughly equal to the maximum BTBT drawdown of -98.16%. Use the drawdown chart below to compare losses from any high point for MARA and BTBT. For additional features, visit the drawdowns tool.


-90.00%-85.00%-80.00%-75.00%-70.00%-65.00%JulyAugustSeptemberOctoberNovemberDecember
-73.77%
-88.55%
MARA
BTBT

Volatility

MARA vs. BTBT - Volatility Comparison

The current volatility for Marathon Digital Holdings, Inc. (MARA) is 27.35%, while Bit Digital, Inc. (BTBT) has a volatility of 37.58%. This indicates that MARA 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.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
27.35%
37.58%
MARA
BTBT

Financials

MARA vs. BTBT - Financials Comparison

This section allows you to compare key financial metrics between Marathon Digital Holdings, 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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