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

Correlation

The correlation between SLNH and MARA is 0.18, 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.


-0.50.00.51.00.2

Performance

SLNH vs. MARA - Performance Comparison

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

-60.00%-40.00%-20.00%0.00%20.00%40.00%60.00%SeptemberOctoberNovemberDecember2025February
-62.64%
2.91%
SLNH
MARA

Key characteristics

Sharpe Ratio

SLNH:

-0.37

MARA:

-0.34

Sortino Ratio

SLNH:

0.21

MARA:

0.11

Omega Ratio

SLNH:

1.02

MARA:

1.01

Calmar Ratio

SLNH:

-0.48

MARA:

-0.38

Martin Ratio

SLNH:

-0.98

MARA:

-0.89

Ulcer Index

SLNH:

48.68%

MARA:

38.50%

Daily Std Dev

SLNH:

128.90%

MARA:

100.00%

Max Drawdown

SLNH:

-99.63%

MARA:

-99.74%

Current Drawdown

SLNH:

-99.61%

MARA:

-89.08%

Fundamentals

Market Cap

SLNH:

$17.93M

MARA:

$5.74B

EPS

SLNH:

-$9.17

MARA:

$0.83

Total Revenue (TTM)

SLNH:

$29.75M

MARA:

$441.98M

Gross Profit (TTM)

SLNH:

$8.65M

MARA:

-$109.55M

EBITDA (TTM)

SLNH:

-$7.94M

MARA:

$295.10M

Returns By Period

In the year-to-date period, SLNH achieves a -23.33% return, which is significantly lower than MARA's 0.78% return. Over the past 10 years, SLNH has underperformed MARA with an annualized return of -20.63%, while MARA has yielded a comparatively higher -17.33% annualized return.


SLNH

YTD

-23.33%

1M

-27.15%

6M

-63.74%

1Y

-52.51%

5Y*

-41.39%

10Y*

-20.63%

MARA

YTD

0.78%

1M

-15.12%

6M

2.80%

1Y

-37.27%

5Y*

74.04%

10Y*

-17.33%

*Annualized

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

SLNH vs. MARA — Risk-Adjusted Performance Rank

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

SLNH
The Risk-Adjusted Performance Rank of SLNH is 2727
Overall Rank
The Sharpe Ratio Rank of SLNH is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of SLNH is 3636
Sortino Ratio Rank
The Omega Ratio Rank of SLNH is 3535
Omega Ratio Rank
The Calmar Ratio Rank of SLNH is 1717
Calmar Ratio Rank
The Martin Ratio Rank of SLNH is 2222
Martin Ratio Rank

MARA
The Risk-Adjusted Performance Rank of MARA is 2828
Overall Rank
The Sharpe Ratio Rank of MARA is 2727
Sharpe Ratio Rank
The Sortino Ratio Rank of MARA is 3333
Sortino Ratio Rank
The Omega Ratio Rank of MARA is 3333
Omega Ratio Rank
The Calmar Ratio Rank of MARA is 2323
Calmar Ratio Rank
The Martin Ratio Rank of MARA is 2525
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.

SLNH vs. MARA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Soluna Holdings, Inc. (SLNH) and Marathon Digital Holdings, Inc. (MARA). 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 SLNH, currently valued at -0.37, compared to the broader market-2.000.002.004.00-0.37-0.34
The chart of Sortino ratio for SLNH, currently valued at 0.21, compared to the broader market-6.00-4.00-2.000.002.004.006.000.210.11
The chart of Omega ratio for SLNH, currently valued at 1.02, compared to the broader market0.501.001.502.001.021.01
The chart of Calmar ratio for SLNH, currently valued at -0.48, compared to the broader market0.002.004.006.00-0.48-0.38
The chart of Martin ratio for SLNH, currently valued at -0.98, compared to the broader market-10.000.0010.0020.0030.00-0.98-0.89
SLNH
MARA

The current SLNH Sharpe Ratio is -0.37, which is comparable to the MARA Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of SLNH and MARA, 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-0.500.000.501.001.50SeptemberOctoberNovemberDecember2025February
-0.37
-0.34
SLNH
MARA

Dividends

SLNH vs. MARA - Dividend Comparison

Neither SLNH nor MARA has paid dividends to shareholders.


TTM202420232022202120202019
SLNH
Soluna Holdings, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%55.22%
MARA
Marathon Digital Holdings, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

SLNH vs. MARA - Drawdown Comparison

The maximum SLNH drawdown since its inception was -99.63%, roughly equal to the maximum MARA drawdown of -99.74%. Use the drawdown chart below to compare losses from any high point for SLNH and MARA. For additional features, visit the drawdowns tool.


-100.00%-95.00%-90.00%-85.00%SeptemberOctoberNovemberDecember2025February
-99.61%
-89.08%
SLNH
MARA

Volatility

SLNH vs. MARA - Volatility Comparison

Soluna Holdings, Inc. (SLNH) has a higher volatility of 38.46% compared to Marathon Digital Holdings, Inc. (MARA) at 16.25%. This indicates that SLNH's price experiences larger fluctuations and is considered to be riskier than MARA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


15.00%20.00%25.00%30.00%35.00%40.00%45.00%50.00%SeptemberOctoberNovemberDecember2025February
38.46%
16.25%
SLNH
MARA

Financials

SLNH vs. MARA - Financials Comparison

This section allows you to compare key financial metrics between Soluna Holdings, Inc. and Marathon Digital Holdings, 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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