BHC vs. OPTU
BHC (Bausch Health Companies Inc.) and OPTU (Optimum Communications, Inc) are both stocks. BHC operates in Drug Manufacturers - Specialty & Generic (Healthcare), while OPTU operates in Telecom Services (Communication Services). Over the past 5 years, BHC returned -30.63%/yr vs -48.34%/yr for OPTU. At a 0.29 correlation, their price movements are largely independent.
Performance
BHC vs. OPTU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BHC achieves a -32.81% return, which is significantly lower than OPTU's -24.24% return.
BHC
- 1D
- -2.10%
- 1M
- -14.63%
- YTD
- -32.81%
- 6M
- -33.19%
- 1Y
- -24.43%
- 3Y*
- -13.40%
- 5Y*
- -30.63%
- 10Y*
- -13.65%
OPTU
- 1D
- 8.70%
- 1M
- 89.08%
- YTD
- -24.24%
- 6M
- -28.16%
- 1Y
- -37.19%
- 3Y*
- -16.28%
- 5Y*
- -48.34%
- 10Y*
- —
BHC vs. OPTU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BHC Bausch Health Companies Inc. | -32.81% | -13.77% | 0.50% | 27.71% | -77.25% | 32.74% | -30.48% | 61.99% | -11.12% | 51.90% |
OPTU Optimum Communications, Inc | -24.24% | -31.54% | -25.85% | -29.35% | -71.57% | -57.27% | 38.51% | 65.50% | -3.98% | -32.82% |
Correlation
The correlation between BHC and OPTU is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2017 | 0.29 |
The correlation between BHC and OPTU shifts across timeframes, from 0.19 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BHC:
-$4.32
OPTU:
-$9.97
BHC:
0.12
OPTU:
0.07
BHC:
$10.55B
OPTU:
$8.50B
BHC:
$7.97B
OPTU:
$5.50B
BHC:
$1.41B
OPTU:
$3.29B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BHC vs. OPTU — Risk / Return Rank
BHC
OPTU
BHC vs. OPTU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bausch Health Companies Inc. (BHC) and Optimum Communications, Inc (OPTU). 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.
| BHC | OPTU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 0.99 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | -0.47 | -0.09 |
| Martin ratioReturn relative to average drawdown | -0.96 | -0.91 | -0.05 |
Loading charts...
Drawdowns
BHC vs. OPTU - Drawdown Comparison
The maximum BHC drawdown since its inception was -98.35%, roughly equal to the maximum OPTU drawdown of -98.40%. Use the drawdown chart below to compare losses from any high point for BHC and OPTU.
Loading charts...
Drawdown Indicators
| BHC | OPTU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.35% | -98.40% | +0.05% |
Max Drawdown (1Y)Largest decline over 1 year | -44.00% | -79.51% | +35.51% |
Max Drawdown (3Y)Largest decline over 3 years | -59.28% | -83.39% | +24.11% |
Max Drawdown (5Y)Largest decline over 5 years | -85.63% | -98.27% | +12.64% |
Max Drawdown (10Y)Largest decline over 10 years | -87.43% | — | — |
Current DrawdownCurrent decline from peak | -98.22% | -96.70% | -1.52% |
Average DrawdownAverage peak-to-trough decline | -60.93% | -55.85% | -5.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.59% | 40.91% | -15.32% |
Volatility
BHC vs. OPTU - Volatility Comparison
The current volatility for Bausch Health Companies Inc. (BHC) is 11.32%, while Optimum Communications, Inc (OPTU) has a volatility of 62.06%. This indicates that BHC experiences smaller price fluctuations and is considered to be less risky than OPTU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BHC | OPTU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.32% | 62.06% | -50.74% |
Volatility (6M)Calculated over the trailing 6-month period | 29.09% | 76.64% | -47.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.22% | 103.10% | -54.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.60% | 81.74% | -21.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.82% | 66.16% | -6.34% |
Dividends
BHC vs. OPTU - Dividend Comparison
Neither BHC nor OPTU has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BHC Bausch Health Companies Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OPTU Optimum Communications, Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 24.64% |
Financials
BHC vs. OPTU - Financials Comparison
This section allows you to compare key financial metrics between Bausch Health Companies Inc. and Optimum Communications, Inc. 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
BHC and OPTU have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OPTU has higher volatility (62.06%) compared to BHC (11.32%). In terms of maximum drawdown, BHC dropped -98.35% vs OPTU's -98.40%.
OPTU currently has the higher Sharpe Ratio (-0.36 vs -0.51), 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.
Find the right allocation for BHC and OPTU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer