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BBAI vs. BTC-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

BBAI vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BigBear.ai Holdings, Inc. (BBAI) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BBAI achieves a -42.78% return, which is significantly lower than BTC-USD's -28.58% return.


BBAI

1D
-5.50%
1M
-23.13%
6M
-51.03%
YTD
-42.78%
1Y
-52.02%
3Y*
15.03%
5Y*
10Y*

BTC-USD

1D
-1.96%
1M
-3.01%
6M
-31.47%
YTD
-28.58%
1Y
-47.54%
3Y*
27.25%
5Y*
13.75%
10Y*
57.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BBAI vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)20252024202320222021
BBAI
BigBear.ai Holdings, Inc.
-42.78%21.35%107.94%217.65%-88.10%-27.90%
BTC-USD
Bitcoin
-28.58%-6.27%120.76%155.82%-64.23%-2.99%

Correlation

The correlation between BBAI and BTC-USD is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.29

Correlation (3Y)
Calculated over the trailing 3-year period

0.23

Correlation (All Time)
Calculated using the full available price history since Dec 17, 2021

0.19

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Return for Risk

BBAI vs. BTC-USD — Risk / Return Rank

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

BBAI
BBAI Risk / Return Rank: 1818
Overall Rank
BBAI Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
BBAI Sortino Ratio Rank: 2020
Sortino Ratio Rank
BBAI Omega Ratio Rank: 2222
Omega Ratio Rank
BBAI Calmar Ratio Rank: 1313
Calmar Ratio Rank
BBAI Martin Ratio Rank: 1515
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 1818
Overall Rank
BTC-USD Sharpe Ratio Rank: 33
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 2626
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 2222
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 3434
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 55
Martin Ratio Rank
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.

BBAI vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BigBear.ai Holdings, Inc. (BBAI) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


BBAIBTC-USDDifference
Sharpe ratioReturn per unit of total volatility

+0.52

Sortino ratioReturn per unit of downside risk

+1.07

Omega ratioGain probability vs. loss probability

0.93

0.83

+0.11

Calmar ratioReturn relative to maximum drawdown

-0.79

-0.90

+0.10

Martin ratioReturn relative to average drawdown

-1.22

-1.46

+0.23

BBAI vs. BTC-USD - Sharpe Ratio Comparison

The current BBAI Sharpe Ratio is -0.59, which is higher than the BTC-USD Sharpe Ratio of -1.11. The chart below compares the historical Sharpe Ratios of BBAI and BTC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

BBAI vs. BTC-USD - Drawdown Comparison

The maximum BBAI drawdown since its inception was -95.01%, which is greater than BTC-USD's maximum drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for BBAI and BTC-USD.


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Drawdown Indicators


BBAIBTC-USDDifference

Max Drawdown

Largest peak-to-trough decline

-95.01%

-85.30%

-9.71%

Max Drawdown (1Y)

Largest decline over 1 year

-65.88%

-53.08%

-12.80%

Max Drawdown (3Y)

Largest decline over 3 years

-75.56%

-53.08%

-22.48%

Max Drawdown (5Y)

Largest decline over 5 years

-76.67%

Max Drawdown (10Y)

Largest decline over 10 years

-83.80%

Current Drawdown

Current decline from peak

-75.65%

-49.89%

-25.76%

Average Drawdown

Average peak-to-trough decline

-70.81%

-42.55%

-28.26%

Ulcer Index

Depth and duration of drawdowns from previous peaks

42.54%

28.99%

+13.55%

Volatility

BBAI vs. BTC-USD - Volatility Comparison

BigBear.ai Holdings, Inc. (BBAI) has a higher volatility of 12.84% compared to Bitcoin (BTC-USD) at 8.86%. This indicates that BBAI's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BBAIBTC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.84%

8.86%

+3.98%

Volatility (6M)

Calculated over the trailing 6-month period

53.38%

34.96%

+18.42%

Volatility (1Y)

Calculated over the trailing 1-year period

88.15%

35.56%

+52.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

173.31%

43.94%

+129.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

173.31%

56.32%

+116.99%

Frequently Asked Questions


BBAI and BTC-USD have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BBAI has higher volatility (12.84%) compared to BTC-USD (8.86%). In terms of maximum drawdown, BBAI dropped -95.01% vs BTC-USD's -85.30%.

BBAI currently has the higher Sharpe Ratio (-0.59 vs -1.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for BBAI and BTC-USD

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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