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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 -29.07% return, which is significantly lower than BTC-USD's -26.78% return.


BBAI

1D
-2.30%
1M
-8.37%
YTD
-29.07%
6M
-40.06%
1Y
-4.25%
3Y*
17.85%
5Y*
10Y*

BTC-USD

1D
1.32%
1M
-16.41%
YTD
-26.78%
6M
-27.65%
1Y
-36.56%
3Y*
27.78%
5Y*
13.72%
10Y*
57.78%
*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.
-29.07%21.35%107.94%217.65%-88.10%-27.90%
BTC-USD
Bitcoin
-26.78%-6.27%120.76%155.82%-64.23%-2.99%

Correlation

The correlation between BBAI and BTC-USD is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.26

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

0.24

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: 4343
Overall Rank
BBAI Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
BBAI Sortino Ratio Rank: 4949
Sortino Ratio Rank
BBAI Omega Ratio Rank: 4545
Omega Ratio Rank
BBAI Calmar Ratio Rank: 4040
Calmar Ratio Rank
BBAI Martin Ratio Rank: 4040
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 3434
Overall Rank
BTC-USD Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 3535
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 3535
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 4949
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 3434
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

+0.81

Sortino ratioReturn per unit of downside risk

+1.85

Omega ratioGain probability vs. loss probability

1.07

0.88

+0.19

Calmar ratioReturn relative to maximum drawdown

-0.06

-0.71

+0.65

Martin ratioReturn relative to average drawdown

-0.11

-1.20

+1.10

BBAI vs. BTC-USD - Sharpe Ratio Comparison

The current BBAI Sharpe Ratio is -0.04, which is higher than the BTC-USD Sharpe Ratio of -0.85. 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%

-51.21%

-14.67%

Max Drawdown (3Y)

Largest decline over 3 years

-75.56%

-51.21%

-24.35%

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

-69.82%

-48.63%

-21.19%

Average Drawdown

Average peak-to-trough decline

-70.79%

-42.41%

-28.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

40.07%

31.17%

+8.90%

Volatility

BBAI vs. BTC-USD - Volatility Comparison

BigBear.ai Holdings, Inc. (BBAI) has a higher volatility of 23.57% compared to Bitcoin (BTC-USD) at 12.27%. 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

23.57%

12.27%

+11.30%

Volatility (6M)

Calculated over the trailing 6-month period

55.71%

34.57%

+21.14%

Volatility (1Y)

Calculated over the trailing 1-year period

96.70%

35.70%

+61.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

174.27%

44.28%

+129.99%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

174.27%

56.43%

+117.84%

Frequently Asked Questions


BBAI and BTC-USD have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BBAI has higher volatility (23.57%) compared to BTC-USD (12.27%). In terms of maximum drawdown, BBAI dropped -95.01% vs BTC-USD's -85.30%.

BBAI currently has the higher Sharpe Ratio (-0.04 vs -0.85), 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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