SDIG vs. BITF
Compare and contrast key facts about Stronghold Digital Mining, Inc. (SDIG) and Bitfarms Ltd. (BITF).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SDIG or BITF.
Correlation
The correlation between SDIG and BITF is 0.67, 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.
Performance
SDIG vs. BITF - Performance Comparison
Key characteristics
SDIG:
-0.29
BITF:
-0.69
SDIG:
0.41
BITF:
-0.95
SDIG:
1.05
BITF:
0.90
SDIG:
-0.41
BITF:
-0.73
SDIG:
-1.28
BITF:
-1.44
SDIG:
31.89%
BITF:
42.82%
SDIG:
138.20%
BITF:
89.34%
SDIG:
-99.33%
BITF:
-95.72%
SDIG:
-99.07%
BITF:
-85.12%
Fundamentals
SDIG:
$46.07M
BITF:
$651.79M
SDIG:
-$0.80
BITF:
-$0.38
SDIG:
$57.79M
BITF:
$136.49M
SDIG:
$11.25M
BITF:
-$33.70M
SDIG:
-$3.88M
BITF:
$43.61M
Returns By Period
The year-to-date returns for both investments are quite close, with SDIG having a -12.00% return and BITF slightly higher at -11.41%.
SDIG
-12.00%
-23.57%
-43.17%
-34.61%
N/A
N/A
BITF
-11.41%
-20.48%
-45.90%
-58.62%
18.54%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
SDIG vs. BITF — Risk-Adjusted Performance Rank
SDIG
BITF
SDIG vs. BITF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Stronghold Digital Mining, Inc. (SDIG) and Bitfarms Ltd. (BITF). 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.
Dividends
SDIG vs. BITF - Dividend Comparison
Neither SDIG nor BITF has paid dividends to shareholders.
Drawdowns
SDIG vs. BITF - Drawdown Comparison
The maximum SDIG drawdown since its inception was -99.33%, roughly equal to the maximum BITF drawdown of -95.72%. Use the drawdown chart below to compare losses from any high point for SDIG and BITF. For additional features, visit the drawdowns tool.
Volatility
SDIG vs. BITF - Volatility Comparison
Stronghold Digital Mining, Inc. (SDIG) and Bitfarms Ltd. (BITF) have volatilities of 21.27% and 20.90%, 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.
Financials
SDIG vs. BITF - Financials Comparison
This section allows you to compare key financial metrics between Stronghold Digital Mining, Inc. and Bitfarms Ltd.. 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