PATH vs. COIN
PATH (UiPath Inc.) and COIN (Coinbase Global, Inc.) are both stocks. PATH operates in Software - Infrastructure (Technology), while COIN operates in Financial Data & Stock Exchanges (Financial Services). Over the past 5 years, PATH returned -31.72%/yr vs -7.80%/yr for COIN. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
PATH vs. COIN - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with PATH having a -31.42% return and COIN slightly lower at -32.61%.
PATH
- 1D
- -3.68%
- 1M
- 7.05%
- YTD
- -31.42%
- 6M
- -39.80%
- 1Y
- -15.23%
- 3Y*
- -16.72%
- 5Y*
- -31.72%
- 10Y*
- —
COIN
- 1D
- -7.15%
- 1M
- -23.01%
- YTD
- -32.61%
- 6M
- -43.50%
- 1Y
- -37.59%
- 3Y*
- 43.47%
- 5Y*
- -7.80%
- 10Y*
- —
PATH vs. COIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PATH UiPath Inc. | -31.42% | 28.95% | -48.83% | 95.44% | -70.53% | -37.49% |
COIN Coinbase Global, Inc. | -32.61% | -8.92% | 42.77% | 391.44% | -85.98% | -19.09% |
Correlation
The correlation between PATH and COIN is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2021 | 0.52 |
The correlation between PATH and COIN shifts across timeframes, from 0.32 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PATH:
$5.93B
COIN:
$40.35B
PATH:
$0.61
COIN:
$2.90
PATH:
18.54
COIN:
52.53
PATH:
3.63
COIN:
7.24
PATH:
3.12
COIN:
2.99
PATH:
$1.67B
COIN:
$5.81B
PATH:
$1.39B
COIN:
$4.65B
PATH:
$115.98M
COIN:
$1.68B
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Return for Risk
PATH vs. COIN — Risk / Return Rank
PATH
COIN
PATH vs. COIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UiPath Inc. (PATH) and Coinbase Global, Inc. (COIN). 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.
| PATH | COIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.95 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.30 | -0.57 | +0.27 |
| Martin ratioReturn relative to average drawdown | -0.54 | -0.94 | +0.40 |
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
| PATH | COIN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.24 | -0.54 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.50 | -0.09 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.47 | -0.16 | -0.30 |
Drawdowns
PATH vs. COIN - Drawdown Comparison
The maximum PATH drawdown since its inception was -88.98%, roughly equal to the maximum COIN drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for PATH and COIN.
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Drawdown Indicators
| PATH | COIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.98% | -90.90% | +1.92% |
Max Drawdown (1Y)Largest decline over 1 year | -51.37% | -66.39% | +15.02% |
Max Drawdown (3Y)Largest decline over 3 years | -65.10% | -66.39% | +1.29% |
Max Drawdown (5Y)Largest decline over 5 years | -87.66% | -90.90% | +3.24% |
Current DrawdownCurrent decline from peak | -86.80% | -63.70% | -23.10% |
Average DrawdownAverage peak-to-trough decline | -73.74% | -49.85% | -23.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.04% | 40.06% | -12.02% |
Volatility
PATH vs. COIN - Volatility Comparison
UiPath Inc. (PATH) and Coinbase Global, Inc. (COIN) have volatilities of 20.16% and 20.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PATH | COIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.16% | 20.16% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 48.43% | 51.15% | -2.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.54% | 70.37% | -6.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.64% | 85.87% | -22.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.26% | 85.38% | -21.12% |
Dividends
PATH vs. COIN - Dividend Comparison
Neither PATH nor COIN has paid dividends to shareholders.
Financials
PATH vs. COIN - Financials Comparison
This section allows you to compare key financial metrics between UiPath Inc. and Coinbase Global, 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
PATH vs. COIN - Profitability Comparison
PATH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, UiPath Inc. reported a gross profit of 341.45M and revenue of 418.38M. Therefore, the gross margin over that period was 81.6%.
COIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coinbase Global, Inc. reported a gross profit of 1.22B and revenue of 1.41B. Therefore, the gross margin over that period was 86.1%.
PATH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, UiPath Inc. reported an operating income of 27.99M and revenue of 418.38M, resulting in an operating margin of 6.7%.
COIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coinbase Global, Inc. reported an operating income of 35.15M and revenue of 1.41B, resulting in an operating margin of 2.5%.
PATH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, UiPath Inc. reported a net income of 22.53M and revenue of 418.38M, resulting in a net margin of 5.4%.
COIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coinbase Global, Inc. reported a net income of -394.12M and revenue of 1.41B, resulting in a net margin of -27.9%.
Frequently Asked Questions
PATH and COIN have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COIN has higher volatility (20.16%) compared to PATH (20.16%). In terms of maximum drawdown, PATH dropped -88.98% vs COIN's -90.90%.
PATH currently has the higher Sharpe Ratio (-0.24 vs -0.54), 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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