PLTR vs. COIN
PLTR (Palantir Technologies Inc.) and COIN (Coinbase Global, Inc.) are both stocks. PLTR operates in Software - Infrastructure (Technology), while COIN operates in Financial Data & Stock Exchanges (Financial Services). Over the past 5 years, PLTR returned 40.34%/yr vs -8.93%/yr for COIN. A 0.55 correlation means they provide meaningful diversification when combined.
Performance
PLTR vs. COIN - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with PLTR having a -28.67% return and COIN slightly lower at -29.66%.
PLTR
- 1D
- -1.74%
- 1M
- -3.27%
- 6M
- -28.56%
- YTD
- -28.67%
- 1Y
- -10.77%
- 3Y*
- 97.37%
- 5Y*
- 40.34%
- 10Y*
- —
COIN
- 1D
- 0.40%
- 1M
- -0.85%
- 6M
- -33.94%
- YTD
- -29.66%
- 1Y
- -58.90%
- 3Y*
- 21.29%
- 5Y*
- -8.93%
- 10Y*
- —
PLTR vs. COIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PLTR Palantir Technologies Inc. | -28.67% | 135.03% | 340.48% | 167.45% | -64.74% | -28.36% |
COIN Coinbase Global, Inc. | -29.66% | -8.92% | 42.77% | 391.44% | -85.98% | -33.76% |
Correlation
The correlation between PLTR and COIN is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 2021 | 0.55 |
The correlation between PLTR and COIN has been stable across timeframes, ranging from 0.50 to 0.56 - a consistent structural relationship.
Fundamentals
PLTR:
$291.12B
COIN:
$41.91B
PLTR:
$0.89
COIN:
$2.91
PLTR:
142.76
COIN:
54.64
PLTR:
0.83
COIN:
0.04
PLTR:
62.35
COIN:
7.53
PLTR:
38.58
COIN:
3.12
PLTR:
$5.22B
COIN:
$5.81B
PLTR:
$4.39B
COIN:
$4.65B
PLTR:
$2.01B
COIN:
$1.68B
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Return for Risk
PLTR vs. COIN — Risk / Return Rank
PLTR
COIN
PLTR vs. COIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PLTR | COIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.66 | ||
| Sortino ratioReturn per unit of downside risk | +1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.84 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | -0.89 | +0.66 |
| Martin ratioReturn relative to average drawdown | -0.46 | -1.34 | +0.87 |
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Drawdowns
PLTR vs. COIN - Drawdown Comparison
The maximum PLTR drawdown since its inception was -84.62%, smaller than the maximum COIN drawdown of -91.46%. Use the drawdown chart below to compare losses from any high point for PLTR and COIN.
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Drawdown Indicators
| PLTR | COIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.62% | -91.46% | +6.84% |
Max Drawdown (1Y)Largest decline over 1 year | -48.22% | -66.39% | +18.17% |
Max Drawdown (3Y)Largest decline over 3 years | -48.22% | -66.39% | +18.17% |
Max Drawdown (5Y)Largest decline over 5 years | -79.14% | -90.90% | +11.76% |
Current DrawdownCurrent decline from peak | -38.80% | -62.11% | +23.31% |
Average DrawdownAverage peak-to-trough decline | -40.27% | -52.73% | +12.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.76% | 44.23% | -20.47% |
Volatility
PLTR vs. COIN - Volatility Comparison
Palantir Technologies Inc. (PLTR) and Coinbase Global, Inc. (COIN) have volatilities of 16.38% and 17.14%, 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
| PLTR | COIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.38% | 17.14% | -0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 39.49% | 52.79% | -13.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.53% | 67.62% | -16.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.63% | 85.94% | -20.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.63% | 85.21% | -15.58% |
Dividends
PLTR vs. COIN - Dividend Comparison
Neither PLTR nor COIN has paid dividends to shareholders.
Financials
PLTR vs. COIN - Financials Comparison
This section allows you to compare key financial metrics between Palantir Technologies 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
PLTR vs. COIN - Profitability Comparison
PLTR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Palantir Technologies Inc. reported a gross profit of 1.42B and revenue of 1.63B. Therefore, the gross margin over that period was 86.8%.
COIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
PLTR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Palantir Technologies Inc. reported an operating income of 754.00M and revenue of 1.63B, resulting in an operating margin of 46.2%.
COIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Coinbase Global, Inc. reported an operating income of 35.15M and revenue of 1.41B, resulting in an operating margin of 2.5%.
PLTR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Palantir Technologies Inc. reported a net income of 870.53M and revenue of 1.63B, resulting in a net margin of 53.3%.
COIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
PLTR and COIN have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COIN has higher volatility (17.14%) compared to PLTR (16.38%). In terms of maximum drawdown, PLTR dropped -84.62% vs COIN's -91.46%.
PLTR currently has the higher Sharpe Ratio (-0.21 vs -0.88), 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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