ALTBG.PA vs. BTC-USD

Last updated Jun 5, 2026

ALTBG.PA (The Blockchain Group) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. At a 0.19 correlation, their price movements are largely independent.

Performance

ALTBG.PA vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in The Blockchain Group (ALTBG.PA) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ALTBG.PA is traded in EUR, while BTC-USD is traded in USD. To make them comparable, the BTC-USD values have been converted to EUR using the latest available exchange rates.

Returns By Period

ALTBG.PA

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTC-USD

• 1D: 0.00%
• 1M: -20.75%
• YTD: -26.25%
• 6M: -28.42%
• 1Y: -38.10%
• 3Y*: 29.19%
• 5Y*: 12.64%
• 10Y*: 59.66%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ALTBG.PA vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ALTBG.PA The Blockchain Group	0.00%	855.15%	118.75%
BTC-USD Bitcoin	-28.60%	-17.40%	44.09%

Correlation

The correlation between ALTBG.PA and BTC-USD is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Jul 27, 2024	0.19

The correlation between ALTBG.PA and BTC-USD shifts across timeframes, from -0.01 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ALTBG.PA vs. BTC-USD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BTC-USD

BTC-USD Risk / Return Rank: 30
BTC-USD Sharpe Ratio Rank: 15
BTC-USD Sortino Ratio Rank: 33
BTC-USD Omega Ratio Rank: 33
BTC-USD Calmar Ratio Rank: 48
BTC-USD Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ALTBG.PA vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Blockchain Group (ALTBG.PA) and Bitcoin (BTC-USD). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ALTBG.PA	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.90	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.23	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.14	—

Drawdowns

Drawdown Indicators

	ALTBG.PA	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	—	-83.05%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-49.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-49.93%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-73.60%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-82.51%	—
Current Drawdown Current decline from peak	—	-48.40%	—
Average Drawdown Average peak-to-trough decline	—	-39.96%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	33.81%	—

Volatility

Volatility by Period

	ALTBG.PA	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.12%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.33%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	35.37%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	45.05%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	55.99%	—

Frequently Asked Questions

Can I hold both ALTBG.PA and BTC-USD in my portfolio?

ALTBG.PA and BTC-USD have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.