Cipher Mining Correlations
| CIFR Stock | USD 3.00 0.06 1.96% |
The current 90-days correlation between Cipher Mining and Iris Energy is 0.79 (i.e., Poor diversification). The correlation of Cipher Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Cipher Mining Correlation With Market
Average diversification
The correlation between Cipher Mining and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cipher Mining and DJI in the same portfolio, assuming nothing else is changed.
Cipher |
Moving together with Cipher Stock
| 0.81 | MC | Moelis | PairCorr |
| 0.61 | WD | Walker Dunlop | PairCorr |
| 0.72 | AXP | American Express | PairCorr |
| 0.68 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.78 | SOFI | SoFi Technologies Aggressive Push | PairCorr |
| 0.81 | UPST | Upstart Holdings | PairCorr |
| 0.85 | AX | Axos Financial | PairCorr |
| 0.74 | BN | Brookfield Corp | PairCorr |
| 0.76 | BX | Blackstone Group Normal Trading | PairCorr |
| 0.83 | BY | Byline Bancorp | PairCorr |
| 0.71 | CG | Carlyle Group Normal Trading | PairCorr |
| 0.81 | CM | Canadian Imperial Bank | PairCorr |
Moving against Cipher Stock
| 0.74 | CB | Chubb | PairCorr |
| 0.51 | TWO | Two Harbors Investments | PairCorr |
| 0.48 | FORLU | Four Leaf Acquisition | PairCorr |
| 0.43 | L | Loews Corp | PairCorr |
| 0.43 | AB | AllianceBernstein | PairCorr |
| 0.35 | MFA | MFA Financial | PairCorr |
| 0.75 | VBFC | Village Bank | PairCorr |
| 0.73 | DB | Deutsche Bank AG | PairCorr |
| 0.7 | HG | Hamilton Insurance Group, | PairCorr |
| 0.6 | LX | Lexinfintech Holdings | PairCorr |
| 0.58 | TECTP | Tectonic Financial | PairCorr |
| 0.56 | GL | Globe Life | PairCorr |
| 0.56 | LU | Lufax Holding Downward Rally | PairCorr |
| 0.56 | TW | Tradeweb Markets Normal Trading | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Cipher Stock performing well and Cipher Mining Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Cipher Mining's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IREN | 5.12 | (0.62) | 0.00 | (0.44) | 0.00 | 7.86 | 32.72 | |||
| CLSK | 4.26 | (0.46) | 0.00 | (0.34) | 0.00 | 8.34 | 24.87 | |||
| SDIG | 3.94 | (0.92) | 0.00 | (4.59) | 0.00 | 6.99 | 24.43 | |||
| BITF | 3.87 | (0.78) | 0.00 | (0.71) | 0.00 | 6.93 | 22.92 | |||
| WULF | 6.11 | (0.63) | 0.00 | (0.29) | 0.00 | 11.49 | 46.95 | |||
| ARBK | 4.61 | (0.72) | 0.00 | (0.49) | 0.00 | 8.77 | 34.95 | |||
| GREE | 4.01 | (1.12) | 0.00 | (1.22) | 0.00 | 8.48 | 20.87 | |||
| ARBKF | 8.47 | (0.32) | 0.00 | (1.15) | 0.00 | 15.45 | 40.79 | |||
| HUT | 4.45 | (0.79) | 0.00 | (0.61) | 0.00 | 10.06 | 36.19 | |||
| HIVE | 3.35 | (1.08) | 0.00 | (0.68) | 0.00 | 7.12 | 21.92 |
Cipher Mining Corporate Management
| Courtney Knight | Head Relations | Profile | |
| Courtney Frazier | Head Operations | Profile | |
| Edward CPA | Chief Officer | Profile | |
| Samy Biyadi | Head Power | Profile | |
| Chris Totin | Chief Officer | Profile | |
| Joshua Kane | Head Relation | Profile |