ABEV vs. BTBT

In the year-to-date period, ABEV achieves a 31.54% return, which is significantly higher than BTBT's 18.77% return.

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This table presents a comparison of risk-adjusted performance metrics for Ambev S.A. (ABEV) and Bit Digital, Inc. (BTBT). 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.

The current ABEV Sharpe Ratio is 0.85, which is higher than the BTBT Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of ABEV and BTBT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The correlation between ABEV and BTBT is 0.33, 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.

ABEV's dividend yield for the trailing twelve months is around 6.36%, while BTBT has not paid dividends to shareholders.

The maximum ABEV drawdown since its inception was -73.73%, smaller than the maximum BTBT drawdown of -98.16%. Use the drawdown chart below to compare losses from any high point for ABEV and BTBT.

The current volatility for Ambev S.A. (ABEV) is 7.33%, while Bit Digital, Inc. (BTBT) has a volatility of 36.28%. This indicates that ABEV experiences smaller price fluctuations and is considered to be less risky than BTBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

This section allows you to compare key financial metrics between Ambev S.A. and Bit Digital, 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.