Correlation
The correlation between STSS and HUT is 0.12, 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.
STSS vs. HUT
Compare and contrast key facts about Sharps Technology Inc (STSS) and Hut 8 Corp. Common Stock (HUT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: STSS or HUT.
Performance
STSS vs. HUT - Performance Comparison
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Key characteristics
STSS:
-0.49
HUT:
0.68
STSS:
-2.75
HUT:
1.56
STSS:
0.63
HUT:
1.18
STSS:
-1.00
HUT:
0.74
STSS:
-1.31
HUT:
1.73
STSS:
76.33%
HUT:
38.23%
STSS:
202.47%
HUT:
102.98%
STSS:
-99.98%
HUT:
-95.04%
STSS:
-99.98%
HUT:
-80.79%
Fundamentals
STSS:
$3.82M
HUT:
$1.59B
STSS:
-$1.84K
HUT:
-$0.66
STSS:
0.00
HUT:
12.01
STSS:
0.38
HUT:
1.66
STSS:
$0.00
HUT:
$45.35M
STSS:
-$193.11K
HUT:
-$64.08M
STSS:
-$10.86M
HUT:
$168.75M
Returns By Period
In the year-to-date period, STSS achieves a -99.39% return, which is significantly lower than HUT's -25.48% return.
STSS
-99.39%
-28.44%
-99.67%
-99.85%
-91.93%
N/A
N/A
HUT
-25.48%
13.03%
-45.50%
75.72%
6.20%
19.37%
N/A
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Risk-Adjusted Performance
STSS vs. HUT — Risk-Adjusted Performance Rank
STSS
HUT
STSS vs. HUT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sharps Technology Inc (STSS) and Hut 8 Corp. Common Stock (HUT). 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.
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Dividends
STSS vs. HUT - Dividend Comparison
Neither STSS nor HUT has paid dividends to shareholders.
Drawdowns
STSS vs. HUT - Drawdown Comparison
The maximum STSS drawdown since its inception was -99.98%, which is greater than HUT's maximum drawdown of -95.04%. Use the drawdown chart below to compare losses from any high point for STSS and HUT.
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Volatility
STSS vs. HUT - Volatility Comparison
The current volatility for Sharps Technology Inc (STSS) is 19.39%, while Hut 8 Corp. Common Stock (HUT) has a volatility of 25.94%. This indicates that STSS experiences smaller price fluctuations and is considered to be less risky than HUT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
STSS vs. HUT - Financials Comparison
This section allows you to compare key financial metrics between Sharps Technology Inc and Hut 8 Corp. Common Stock. 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