BE vs. MKA.L
BE (Bloom Energy Corporation) and MKA.L (Mkango Resources Ltd) are both stocks. BE operates in Electrical Equipment & Parts (Industrials), while MKA.L operates in Other Industrial Metals & Mining (Basic Materials). Over the past 5 years, BE returned 59.08%/yr vs 5.78%/yr for MKA.L. At a 0.07 correlation, their price movements are largely independent.
Performance
BE vs. MKA.L - Performance Comparison
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Different Trading Currencies
BE is traded in USD, while MKA.L is traded in GBp. To make them comparable, the MKA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BE achieves a 199.48% return, which is significantly higher than MKA.L's -8.16% return.
BE
- 1D
- 4.56%
- 1M
- -10.19%
- YTD
- 199.48%
- 6M
- 173.97%
- 1Y
- 1,069.53%
- 3Y*
- 145.16%
- 5Y*
- 59.08%
- 10Y*
- —
MKA.L
- 1D
- 1.98%
- 1M
- -5.57%
- YTD
- -8.16%
- 6M
- -17.32%
- 1Y
- 155.84%
- 3Y*
- 60.60%
- 5Y*
- 5.78%
- 10Y*
- —
BE vs. MKA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BE Bloom Energy Corporation | 199.48% | 291.22% | 50.07% | -22.59% | -12.81% | -23.48% | 283.67% | -25.15% | -46.63% |
MKA.L Mkango Resources Ltd | -8.16% | 529.04% | -32.02% | -1.17% | -64.71% | 75.54% | 109.72% | 4.01% | 10.40% |
Correlation
The correlation between BE and MKA.L is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2018 | 0.07 |
The correlation between BE and MKA.L shifts across timeframes, from 0.07 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BE:
$83.19B
MKA.L:
£149.39M
BE:
$0.02
MKA.L:
-$0.04
BE:
27.91
MKA.L:
3.72K
BE:
$2.45B
MKA.L:
$50.78K
BE:
$761.91M
MKA.L:
-$544.15K
BE:
$88.83M
MKA.L:
-$17.87M
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Return for Risk
BE vs. MKA.L — Risk / Return Rank
BE
MKA.L
BE vs. MKA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bloom Energy Corporation (BE) and Mkango Resources Ltd (MKA.L). 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.
| BE | MKA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +8.42 | ||
| Sortino ratioReturn per unit of downside risk | +2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.29 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 23.53 | 3.00 | +20.53 |
| Martin ratioReturn relative to average drawdown | 73.01 | 6.16 | +66.85 |
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Drawdowns
BE vs. MKA.L - Drawdown Comparison
The maximum BE drawdown since its inception was -92.54%, roughly equal to the maximum MKA.L drawdown of -89.22%. Use the drawdown chart below to compare losses from any high point for BE and MKA.L.
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Drawdown Indicators
| BE | MKA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.54% | -89.22% | -3.32% |
Max Drawdown (1Y)Largest decline over 1 year | -45.94% | -51.55% | +5.61% |
Max Drawdown (3Y)Largest decline over 3 years | -53.42% | -66.46% | +13.04% |
Max Drawdown (5Y)Largest decline over 5 years | -75.87% | -89.22% | +13.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -89.22% | — |
Current DrawdownCurrent decline from peak | -15.48% | -37.46% | +21.98% |
Average DrawdownAverage peak-to-trough decline | -51.91% | -45.43% | -6.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.78% | 25.19% | -10.41% |
Volatility
BE vs. MKA.L - Volatility Comparison
Bloom Energy Corporation (BE) has a higher volatility of 27.74% compared to Mkango Resources Ltd (MKA.L) at 22.41%. This indicates that BE's price experiences larger fluctuations and is considered to be riskier than MKA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BE | MKA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.74% | 22.41% | +5.33% |
Volatility (6M)Calculated over the trailing 6-month period | 75.65% | 48.66% | +26.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 107.62% | 94.99% | +12.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.95% | 77.90% | +8.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 95.68% | 96.82% | -1.14% |
Dividends
BE vs. MKA.L - Dividend Comparison
Neither BE nor MKA.L has paid dividends to shareholders.
Financials
BE vs. MKA.L - Financials Comparison
This section allows you to compare key financial metrics between Bloom Energy Corporation and Mkango Resources Ltd. 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
Frequently Asked Questions
BE and MKA.L have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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