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MIGI vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between MIGI and BTC-USD is 0.25, 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

MIGI vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mawson Infrastructure Group, Inc. (MIGI) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

MIGI:

-0.30

BTC-USD:

1.16

Sortino Ratio

MIGI:

0.71

BTC-USD:

3.05

Omega Ratio

MIGI:

1.09

BTC-USD:

1.32

Calmar Ratio

MIGI:

-0.56

BTC-USD:

2.34

Martin Ratio

MIGI:

-1.10

BTC-USD:

11.14

Ulcer Index

MIGI:

50.94%

BTC-USD:

11.19%

Daily Std Dev

MIGI:

179.27%

BTC-USD:

41.34%

Max Drawdown

MIGI:

-99.90%

BTC-USD:

-93.18%

Current Drawdown

MIGI:

-99.84%

BTC-USD:

-3.47%

Returns By Period

In the year-to-date period, MIGI achieves a -29.49% return, which is significantly lower than BTC-USD's 15.38% return.


MIGI

YTD

-29.49%

1M

-15.45%

6M

-71.77%

1Y

-53.02%

3Y*

-64.13%

5Y*

-41.83%

10Y*

N/A

BTC-USD

YTD

15.38%

1M

14.34%

6M

12.70%

1Y

59.52%

3Y*

54.12%

5Y*

62.76%

10Y*

84.95%

*Annualized

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Mawson Infrastructure Group, Inc.

Bitcoin

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

MIGI vs. BTC-USD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MIGI
The Risk-Adjusted Performance Rank of MIGI is 3737
Overall Rank
The Sharpe Ratio Rank of MIGI is 3434
Sharpe Ratio Rank
The Sortino Ratio Rank of MIGI is 5757
Sortino Ratio Rank
The Omega Ratio Rank of MIGI is 5555
Omega Ratio Rank
The Calmar Ratio Rank of MIGI is 1515
Calmar Ratio Rank
The Martin Ratio Rank of MIGI is 2121
Martin Ratio Rank

BTC-USD
The Risk-Adjusted Performance Rank of BTC-USD is 9090
Overall Rank
The Sharpe Ratio Rank of BTC-USD is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of BTC-USD is 8888
Sortino Ratio Rank
The Omega Ratio Rank of BTC-USD is 8686
Omega Ratio Rank
The Calmar Ratio Rank of BTC-USD is 9494
Calmar Ratio Rank
The Martin Ratio Rank of BTC-USD is 9191
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MIGI vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Mawson Infrastructure Group, Inc. (MIGI) 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.


The current MIGI Sharpe Ratio is -0.30, which is lower than the BTC-USD Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of MIGI and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Drawdowns

MIGI vs. BTC-USD - Drawdown Comparison

The maximum MIGI drawdown since its inception was -99.90%, which is greater than BTC-USD's maximum drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for MIGI and BTC-USD.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

MIGI vs. BTC-USD - Volatility Comparison

Mawson Infrastructure Group, Inc. (MIGI) has a higher volatility of 28.39% compared to Bitcoin (BTC-USD) at 9.98%. This indicates that MIGI'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.


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