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BAC vs. KNOP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

BAC vs. KNOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bank of America Corporation (BAC) and KNOT Offshore Partners LP (KNOP). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%50.00%JuneJulyAugustSeptemberOctoberNovember
19.08%
8.66%
BAC
KNOP

Returns By Period

In the year-to-date period, BAC achieves a 39.50% return, which is significantly higher than KNOP's 9.54% return. Over the past 10 years, BAC has outperformed KNOP with an annualized return of 12.73%, while KNOP has yielded a comparatively lower -3.80% annualized return.


BAC

YTD

39.50%

1M

10.30%

6M

17.31%

1Y

59.63%

5Y (annualized)

9.50%

10Y (annualized)

12.73%

KNOP

YTD

9.54%

1M

-2.42%

6M

15.27%

1Y

14.10%

5Y (annualized)

-13.24%

10Y (annualized)

-3.80%

Fundamentals


BACKNOP
Market Cap$356.10B$215.92M
EPS$2.74-$0.14
PEG Ratio2.0610.45
Total Revenue (TTM)$83.43B$224.08M
Gross Profit (TTM)$69.13B$60.15M
EBITDA (TTM)$152.00M$124.94M

Key characteristics


BACKNOP
Sharpe Ratio2.450.26
Sortino Ratio3.650.78
Omega Ratio1.441.09
Calmar Ratio1.540.16
Martin Ratio10.550.67
Ulcer Index5.47%16.66%
Daily Std Dev23.56%42.33%
Max Drawdown-93.45%-74.53%
Current Drawdown-1.48%-62.81%

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Correlation

-0.50.00.51.00.3

The correlation between BAC and KNOP is 0.26, 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.

Risk-Adjusted Performance

BAC vs. KNOP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bank of America Corporation (BAC) and KNOT Offshore Partners LP (KNOP). 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 BAC, currently valued at 2.45, compared to the broader market-4.00-2.000.002.004.002.450.26
The chart of Sortino ratio for BAC, currently valued at 3.65, compared to the broader market-4.00-2.000.002.004.003.650.78
The chart of Omega ratio for BAC, currently valued at 1.44, compared to the broader market0.501.001.502.001.441.09
The chart of Calmar ratio for BAC, currently valued at 1.54, compared to the broader market0.002.004.006.001.540.16
The chart of Martin ratio for BAC, currently valued at 10.55, compared to the broader market-10.000.0010.0020.0030.0010.550.67
BAC
KNOP

The current BAC Sharpe Ratio is 2.45, which is higher than the KNOP Sharpe Ratio of 0.26. The chart below compares the historical Sharpe Ratios of BAC and KNOP, 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 Ratio0.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
2.45
0.26
BAC
KNOP

Dividends

BAC vs. KNOP - Dividend Comparison

BAC's dividend yield for the trailing twelve months is around 2.13%, more than KNOP's 1.68% yield.


TTM20232022202120202019201820172016201520142013
BAC
Bank of America Corporation
2.13%2.73%2.60%1.75%2.38%1.87%2.19%1.32%1.13%1.19%0.67%0.26%
KNOP
KNOT Offshore Partners LP
1.68%1.81%21.60%15.57%13.81%10.50%11.60%10.02%8.81%15.05%8.07%2.68%

Drawdowns

BAC vs. KNOP - Drawdown Comparison

The maximum BAC drawdown since its inception was -93.45%, which is greater than KNOP's maximum drawdown of -74.53%. Use the drawdown chart below to compare losses from any high point for BAC and KNOP. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.48%
-62.81%
BAC
KNOP

Volatility

BAC vs. KNOP - Volatility Comparison

Bank of America Corporation (BAC) has a higher volatility of 9.44% compared to KNOT Offshore Partners LP (KNOP) at 8.65%. This indicates that BAC's price experiences larger fluctuations and is considered to be riskier than KNOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
9.44%
8.65%
BAC
KNOP

Financials

BAC vs. KNOP - Financials Comparison

This section allows you to compare key financial metrics between Bank of America Corporation and KNOT Offshore Partners LP. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items