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BBAI vs. BITX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BBAI and BITX is 0.28, 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.


-0.50.00.51.00.3

Performance

BBAI vs. BITX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BigBear.ai Holdings, Inc. (BBAI) and Volatility Shares 2x Bitcoin Strategy ETF (BITX). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
30.67%
322.44%
BBAI
BITX

Key characteristics

Sharpe Ratio

BBAI:

0.72

BITX:

1.43

Sortino Ratio

BBAI:

1.92

BITX:

2.27

Omega Ratio

BBAI:

1.22

BITX:

1.26

Calmar Ratio

BBAI:

0.95

BITX:

2.67

Martin Ratio

BBAI:

1.57

BITX:

5.04

Ulcer Index

BBAI:

54.81%

BITX:

32.51%

Daily Std Dev

BBAI:

119.16%

BITX:

114.49%

Max Drawdown

BBAI:

-95.01%

BITX:

-61.28%

Current Drawdown

BBAI:

-75.49%

BITX:

-20.10%

Returns By Period

In the year-to-date period, BBAI achieves a 45.33% return, which is significantly lower than BITX's 186.93% return.


BBAI

YTD

45.33%

1M

48.80%

6M

141.09%

1Y

78.74%

5Y*

N/A

10Y*

N/A

BITX

YTD

186.93%

1M

-1.38%

6M

68.88%

1Y

160.90%

5Y*

N/A

10Y*

N/A

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Risk-Adjusted Performance

BBAI vs. BITX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BigBear.ai Holdings, Inc. (BBAI) and Volatility Shares 2x Bitcoin Strategy ETF (BITX). 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 BBAI, currently valued at 0.72, compared to the broader market-4.00-2.000.002.000.721.43
The chart of Sortino ratio for BBAI, currently valued at 1.92, compared to the broader market-4.00-2.000.002.004.001.922.27
The chart of Omega ratio for BBAI, currently valued at 1.22, compared to the broader market0.501.001.502.001.221.26
The chart of Calmar ratio for BBAI, currently valued at 1.19, compared to the broader market0.002.004.006.001.192.67
The chart of Martin ratio for BBAI, currently valued at 1.57, compared to the broader market-5.000.005.0010.0015.0020.0025.001.575.04
BBAI
BITX

The current BBAI Sharpe Ratio is 0.72, which is lower than the BITX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of BBAI and BITX, 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 Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.72
1.43
BBAI
BITX

Dividends

BBAI vs. BITX - Dividend Comparison

BBAI has not paid dividends to shareholders, while BITX's dividend yield for the trailing twelve months is around 9.83%.


TTM
BBAI
BigBear.ai Holdings, Inc.
0.00%
BITX
Volatility Shares 2x Bitcoin Strategy ETF
9.83%

Drawdowns

BBAI vs. BITX - Drawdown Comparison

The maximum BBAI drawdown since its inception was -95.01%, which is greater than BITX's maximum drawdown of -61.28%. Use the drawdown chart below to compare losses from any high point for BBAI and BITX. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-28.18%
-20.10%
BBAI
BITX

Volatility

BBAI vs. BITX - Volatility Comparison

BigBear.ai Holdings, Inc. (BBAI) has a higher volatility of 51.61% compared to Volatility Shares 2x Bitcoin Strategy ETF (BITX) at 32.85%. This indicates that BBAI's price experiences larger fluctuations and is considered to be riskier than BITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
51.61%
32.85%
BBAI
BITX
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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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