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ABAT vs. BKLC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ABAT and BKLC is 0.23, 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

ABAT vs. BKLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Battery Technology Company Common Stock (ABAT) and BNY Mellon US Large Cap Core Equity ETF (BKLC). The values are adjusted to include any dividend payments, if applicable.

-100.00%-50.00%0.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
-92.04%
45.08%
ABAT
BKLC

Key characteristics

Sharpe Ratio

ABAT:

-0.91

BKLC:

2.98

Sortino Ratio

ABAT:

-1.89

BKLC:

3.96

Omega Ratio

ABAT:

0.79

BKLC:

1.54

Calmar Ratio

ABAT:

-0.83

BKLC:

4.35

Martin Ratio

ABAT:

-1.04

BKLC:

19.62

Ulcer Index

ABAT:

74.60%

BKLC:

1.87%

Daily Std Dev

ABAT:

85.37%

BKLC:

12.29%

Max Drawdown

ABAT:

-93.18%

BKLC:

-26.14%

Current Drawdown

ABAT:

-92.04%

BKLC:

0.00%

Returns By Period

In the year-to-date period, ABAT achieves a -81.07% return, which is significantly lower than BKLC's 30.15% return.


ABAT

YTD

-81.07%

1M

-10.62%

6M

-31.69%

1Y

-77.80%

5Y (annualized)

N/A

10Y (annualized)

N/A

BKLC

YTD

30.15%

1M

2.03%

6M

15.68%

1Y

35.01%

5Y (annualized)

N/A

10Y (annualized)

N/A

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

ABAT vs. BKLC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Battery Technology Company Common Stock (ABAT) and BNY Mellon US Large Cap Core Equity ETF (BKLC). 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 ABAT, currently valued at -0.91, compared to the broader market-4.00-2.000.002.004.00-0.912.98
The chart of Sortino ratio for ABAT, currently valued at -1.89, compared to the broader market-4.00-2.000.002.004.00-1.893.96
The chart of Omega ratio for ABAT, currently valued at 0.79, compared to the broader market0.501.001.502.000.791.54
The chart of Calmar ratio for ABAT, currently valued at -0.83, compared to the broader market0.002.004.006.00-0.834.35
The chart of Martin ratio for ABAT, currently valued at -1.04, compared to the broader market0.0010.0020.0030.00-1.0419.62
ABAT
BKLC

The current ABAT Sharpe Ratio is -0.91, which is lower than the BKLC Sharpe Ratio of 2.98. The chart below compares the historical Sharpe Ratios of ABAT and BKLC, 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-1.000.001.002.003.004.00Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17Nov 24December
-0.91
2.98
ABAT
BKLC

Dividends

ABAT vs. BKLC - Dividend Comparison

ABAT has not paid dividends to shareholders, while BKLC's dividend yield for the trailing twelve months is around 1.16%.


TTM2023202220212020
ABAT
American Battery Technology Company Common Stock
0.00%0.00%0.00%0.00%0.00%
BKLC
BNY Mellon US Large Cap Core Equity ETF
1.16%1.35%1.64%1.10%0.84%

Drawdowns

ABAT vs. BKLC - Drawdown Comparison

The maximum ABAT drawdown since its inception was -93.18%, which is greater than BKLC's maximum drawdown of -26.14%. Use the drawdown chart below to compare losses from any high point for ABAT and BKLC. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-92.04%
0
ABAT
BKLC

Volatility

ABAT vs. BKLC - Volatility Comparison

American Battery Technology Company Common Stock (ABAT) has a higher volatility of 27.49% compared to BNY Mellon US Large Cap Core Equity ETF (BKLC) at 2.42%. This indicates that ABAT's price experiences larger fluctuations and is considered to be riskier than BKLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
27.49%
2.42%
ABAT
BKLC
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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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