ALTBG.PA vs. SBET

Last updated Jun 5, 2026

ALTBG.PA (The Blockchain Group) and SBET (SharpLink Gaming Ltd.) are both stocks. ALTBG.PA operates in Software - Application (Technology), while SBET operates in Gambling (Consumer Cyclical). At a 0.07 correlation, their price movements are largely independent.

Performance

ALTBG.PA vs. SBET - Performance Comparison

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

Different Trading Currencies

ALTBG.PA is traded in EUR, while SBET is traded in USD. To make them comparable, the SBET 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*: —

SBET

• 1D: 3.11%
• 1M: -24.24%
• YTD: -35.29%
• 6M: -48.61%
• 1Y: -90.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ALTBG.PA vs. SBET - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ALTBG.PA The Blockchain Group	0.00%	855.15%	118.75%
SBET SharpLink Gaming Ltd.	-35.29%	1.92%	16.43%

Correlation

The correlation between ALTBG.PA and SBET 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 29, 2024	0.07

Return for Risk

ALTBG.PA vs. SBET — Risk / Return Rank

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

SBET

SBET Risk / Return Rank: 10
SBET Sharpe Ratio Rank: 14
SBET Sortino Ratio Rank: 12
SBET Omega Ratio Rank: 11
SBET Calmar Ratio Rank: 0
SBET Martin Ratio Rank: 13

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. SBET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Blockchain Group (ALTBG.PA) and SharpLink Gaming Ltd. (SBET). 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	SBET	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.11	—

Drawdowns

Drawdown Indicators

	ALTBG.PA	SBET	Difference
Max Drawdown Largest peak-to-trough decline	—	-93.14%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-87.14%	—
Current Drawdown Current decline from peak	—	-92.93%	—
Average Drawdown Average peak-to-trough decline	—	-65.77%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	79.75%	—

Volatility

Volatility by Period

	ALTBG.PA	SBET	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.80%	—
Volatility (6M) Calculated over the trailing 6-month period	—	55.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	143.14%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	341.64%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	341.64%	—

Dividends

ALTBG.PA vs. SBET - Dividend Comparison

Neither ALTBG.PA nor SBET has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ALTBG.PA and SBET in my portfolio?

ALTBG.PA and SBET 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.