Performance analysis of Cipher Mining (CIFR)
Annual Return
Over the past 3 years, CIFR has had an average annual return of +117.10%, outperforming the benchmark SPY, which returned +22.77% annual.
Over the past 5 years, CIFR has had an average annual return of +21.55%, outperforming the benchmark SPY, which returned +14.05% annual.
Since Dec 7, 2020, CIFR has had an average annual return of +19.70%, outperforming the benchmark SPY, which returned +15.65% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +78.12% | +218.08% | +12.36% | +638% | -87.91% | -53.47% | +1.53% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +8.13% | -2.26% | -17.50% | +37.84% | +33.32% | +11.16% | +78.12% | ||||||
| 2025 | +23.48% | -28.80% | -43.62% | +23.90% | +9.49% | +53.20% | +14.21% | +39.94% | +64.79% | +48.14% | +9.11% | -27.47% | +218.08% |
| 2024 | -26.39% | -2.64% | +74.01% | -27.76% | -0.26% | +11.86% | +26.02% | -32.88% | +10.25% | +27.40% | +35.90% | -30.74% | +12.36% |
| 2023 | +114.36% | +26.72% | +53.32% | -0.88% | +9.97% | +12.58% | +32.90% | -16.06% | -26.94% | +42.89% | -16.80% | +49.06% | +638% |
| 2022 | -34.34% | +0.32% | +19.34% | -16.75% | -19.79% | -43.63% | +25.54% | +16.87% | -37.30% | -19.83% | -22.60% | -28.45% | -87.91% |
| 2021 | +3.11% | +1.37% | +4.14% | -6.74% | -1.68% | +0.20% | -0.31% | +8.58% | -3.99% | -23.99% | +0.39% | -41.32% | -53.47% |
| 2020 | +1.53% | +1.53% |
Drawdown analysis of Cipher Mining (CIFR)
The maximum drawdown for the CIFR was -97.16%, occurring on Dec 28, 2022. Recovery took 693 trading sessions.
Since Dec 7, 2020 CIFR has experienced the following drawdowns:
- 50% or more: 2 times
- 40% or more: 2 times
- 30% or more: 2 times
- 20% or more: 4 times
- 10% or more: 4 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -97.16% | Sep 16, 2021 | 323 | Dec 28, 2022 | 693 | Oct 3, 2025 | 1016 |
| -51.38% | Nov 5, 2025 | 98 | Mar 30, 2026 | 40 | May 27, 2026 | 138 |
| -23.39% | Oct 15, 2025 | 5 | Oct 22, 2025 | 8 | Nov 3, 2025 | 13 |
| -21.54% | Mar 11, 2021 | 113 | Aug 20, 2021 | 13 | Sep 9, 2021 | 126 |
| -6.00% | May 27, 2026 | 2 | May 29, 2026 | 2 | Jun 2, 2026 | 4 |
| -5.67% | Oct 9, 2025 | 1 | Oct 10, 2025 | 1 | Oct 13, 2025 | 2 |
| -5.50% | Sep 13, 2021 | 1 | Sep 14, 2021 | 2 | Sep 16, 2021 | 3 |
| -4.21% | Feb 19, 2021 | 9 | Mar 4, 2021 | 1 | Mar 5, 2021 | 10 |
| -1.63% | Jan 25, 2021 | 4 | Jan 29, 2021 | 14 | Feb 19, 2021 | 18 |
| -1.13% | Mar 9, 2021 | 1 | Mar 10, 2021 | 1 | Mar 11, 2021 | 2 |
| -1.10% | Nov 3, 2025 | 1 | Nov 4, 2025 | 1 | Nov 5, 2025 | 2 |
| -1.08% | Mar 5, 2021 | 1 | Mar 8, 2021 | 1 | Mar 9, 2021 | 2 |
| -0.50% | Dec 28, 2020 | 3 | Dec 31, 2020 | 3 | Jan 6, 2021 | 6 |
| -0.49% | Jan 12, 2021 | 3 | Jan 15, 2021 | 2 | Jan 20, 2021 | 5 |
| -0.31% | Dec 18, 2020 | 1 | Dec 21, 2020 | 2 | Dec 23, 2020 | 3 |
| -0.10% | Dec 11, 2020 | 1 | Dec 14, 2020 | 2 | Dec 16, 2020 | 3 |