BBSN.L vs. TCEHY
BBSN.L (Brave Bison Group plc) and TCEHY (Tencent Holdings Limited) are both stocks. Both operate in the Internet Content & Information industry within the Communication Services sector. Over the past 10 years, BBSN.L returned -1.00%/yr vs 12.01%/yr for TCEHY. At a 0.03 correlation, their price movements are largely independent.
Performance
BBSN.L vs. TCEHY - Performance Comparison
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Different Trading Currencies
BBSN.L is traded in GBp, while TCEHY is traded in USD. To make them comparable, the TCEHY values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, BBSN.L achieves a 32.36% return, which is significantly higher than TCEHY's -23.98% return. Over the past 10 years, BBSN.L has underperformed TCEHY with an annualized return of -1.00%, while TCEHY has yielded a comparatively higher 12.01% annualized return.
BBSN.L
- 1D
- 3.98%
- 1M
- 13.57%
- YTD
- 32.36%
- 6M
- 26.45%
- 1Y
- 76.91%
- 3Y*
- 24.54%
- 5Y*
- 22.95%
- 10Y*
- -1.00%
TCEHY
- 1D
- -1.50%
- 1M
- -3.44%
- YTD
- -23.98%
- 6M
- -26.36%
- 1Y
- -10.86%
- 3Y*
- 8.14%
- 5Y*
- -3.07%
- 10Y*
- 12.01%
BBSN.L vs. TCEHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BBSN.L Brave Bison Group plc | 32.36% | 68.79% | -3.49% | -4.44% | 57.89% | 39.02% | -19.61% | -42.05% | 144.44% | -71.20% |
TCEHY Tencent Holdings Limited | -23.98% | 34.89% | 44.40% | -10.20% | -16.05% | -17.92% | 45.68% | 17.29% | -19.32% | 96.68% |
Correlation
The correlation between BBSN.L and TCEHY is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2013 | 0.03 |
Fundamentals
BBSN.L:
£93.77M
TCEHY:
$522.40B
BBSN.L:
£0.04
TCEHY:
$25.30
BBSN.L:
20.97
TCEHY:
2.25
BBSN.L:
0.06
TCEHY:
0.28
BBSN.L:
0.91
TCEHY:
0.69
BBSN.L:
2.40
TCEHY:
0.47
BBSN.L:
£87.15M
TCEHY:
$763.32B
BBSN.L:
£55.49M
TCEHY:
$422.60B
BBSN.L:
£6.26M
TCEHY:
$324.78B
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Return for Risk
BBSN.L vs. TCEHY — Risk / Return Rank
BBSN.L
TCEHY
BBSN.L vs. TCEHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brave Bison Group plc (BBSN.L) and Tencent Holdings Limited (TCEHY). 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.
| BBSN.L | TCEHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.95 | ||
| Sortino ratioReturn per unit of downside risk | +2.81 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.96 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | -0.30 | +2.78 |
| Martin ratioReturn relative to average drawdown | 5.22 | -0.65 | +5.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BBSN.L | TCEHY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.58 | -0.36 | +1.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | -0.07 | +0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.01 | 0.32 | -0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.17 | 0.68 | -0.85 |
Drawdowns
BBSN.L vs. TCEHY - Drawdown Comparison
The maximum BBSN.L drawdown since its inception was -99.16%, which is greater than TCEHY's maximum drawdown of -67.81%. Use the drawdown chart below to compare losses from any high point for BBSN.L and TCEHY.
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Drawdown Indicators
| BBSN.L | TCEHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.16% | -67.81% | -31.35% |
Max Drawdown (1Y)Largest decline over 1 year | -28.18% | -36.64% | +8.46% |
Max Drawdown (3Y)Largest decline over 3 years | -38.38% | -36.64% | -1.74% |
Max Drawdown (5Y)Largest decline over 5 years | -50.81% | -59.17% | +8.36% |
Max Drawdown (10Y)Largest decline over 10 years | -86.34% | -67.81% | -18.53% |
Current DrawdownCurrent decline from peak | -94.45% | -33.33% | -61.12% |
Average DrawdownAverage peak-to-trough decline | -90.24% | -17.56% | -72.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.43% | 16.65% | -3.22% |
Volatility
BBSN.L vs. TCEHY - Volatility Comparison
Brave Bison Group plc (BBSN.L) has a higher volatility of 14.04% compared to Tencent Holdings Limited (TCEHY) at 12.56%. This indicates that BBSN.L's price experiences larger fluctuations and is considered to be riskier than TCEHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BBSN.L | TCEHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.04% | 12.56% | +1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 27.37% | 23.53% | +3.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.31% | 29.90% | +14.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.99% | 41.74% | +8.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 134.24% | 38.09% | +96.15% |
Dividends
BBSN.L vs. TCEHY - Dividend Comparison
BBSN.L's dividend yield for the trailing twelve months is around 0.48%, less than TCEHY's 1.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBSN.L Brave Bison Group plc | 0.48% | 0.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TCEHY Tencent Holdings Limited | 1.19% | 0.76% | 0.82% | 6.67% | 4.15% | 0.35% | 0.19% | 0.23% | 0.26% | 0.29% | 0.51% | 0.21% |
Financials
BBSN.L vs. TCEHY - Financials Comparison
This section allows you to compare key financial metrics between Brave Bison Group plc and Tencent Holdings Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BBSN.L vs. TCEHY - Profitability Comparison
BBSN.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brave Bison Group plc reported a gross profit of 22.11M and revenue of 36.53M. Therefore, the gross margin over that period was 60.5%.
TCEHY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tencent Holdings Limited reported a gross profit of 106.58B and revenue of 195.27B. Therefore, the gross margin over that period was 54.6%.
BBSN.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brave Bison Group plc reported an operating income of 2.60M and revenue of 36.53M, resulting in an operating margin of 7.1%.
TCEHY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tencent Holdings Limited reported an operating income of 65.72B and revenue of 195.27B, resulting in an operating margin of 33.7%.
BBSN.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brave Bison Group plc reported a net income of 1.36M and revenue of 36.53M, resulting in a net margin of 3.7%.
TCEHY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tencent Holdings Limited reported a net income of 57.74B and revenue of 195.27B, resulting in a net margin of 29.6%.
Frequently Asked Questions
BBSN.L and TCEHY have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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