BIRD vs. KSPI
BIRD (Allbirds, Inc.) and KSPI (Joint Stock Company Kaspi.kz) are both stocks. BIRD operates in Apparel Retail (Consumer Cyclical), while KSPI operates in Software - Infrastructure (Technology). Over the past year, BIRD returned -48.28% vs 11.93% for KSPI. At a 0.22 correlation, their price movements are largely independent.
Performance
BIRD vs. KSPI - Performance Comparison
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Returns By Period
In the year-to-date period, BIRD achieves a 24.88% return, which is significantly higher than KSPI's 14.20% return.
BIRD
- 1D
- -7.08%
- 1M
- 33.33%
- YTD
- 24.88%
- 6M
- 26.73%
- 1Y
- -48.28%
- 3Y*
- -41.82%
- 5Y*
- —
- 10Y*
- —
KSPI
- 1D
- -1.54%
- 1M
- -4.61%
- YTD
- 14.20%
- 6M
- 13.87%
- 1Y
- 11.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BIRD vs. KSPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BIRD Allbirds, Inc. | 24.88% | -41.18% | -64.48% |
KSPI Joint Stock Company Kaspi.kz | 14.20% | -17.51% | 12.61% |
Correlation
The correlation between BIRD and KSPI is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jan 19, 2024 | 0.22 |
Fundamentals
BIRD:
$41.77M
KSPI:
$15.87B
BIRD:
-$9.50
KSPI:
KZT 5.47K
BIRD:
0.27
KSPI:
1.84
BIRD:
1.16
KSPI:
2.92
BIRD:
$152.47M
KSPI:
KZT 4.21T
BIRD:
$62.55M
KSPI:
KZT 2.98T
BIRD:
-$72.29M
KSPI:
KZT 1.56T
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Return for Risk
BIRD vs. KSPI — Risk / Return Rank
BIRD
KSPI
BIRD vs. KSPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allbirds, Inc. (BIRD) and Joint Stock Company Kaspi.kz (KSPI). 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.
| BIRD | KSPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | +4.02 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.09 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.60 | 0.41 | -1.01 |
| Martin ratioReturn relative to average drawdown | -0.82 | 0.68 | -1.50 |
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Drawdowns
BIRD vs. KSPI - Drawdown Comparison
The maximum BIRD drawdown since its inception was -99.59%, which is greater than KSPI's maximum drawdown of -48.05%. Use the drawdown chart below to compare losses from any high point for BIRD and KSPI.
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Drawdown Indicators
| BIRD | KSPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.59% | -48.05% | -51.54% |
Max Drawdown (1Y)Largest decline over 1 year | -80.33% | -29.55% | -50.78% |
Max Drawdown (3Y)Largest decline over 3 years | -92.80% | — | — |
Current DrawdownCurrent decline from peak | -99.11% | -32.66% | -66.45% |
Average DrawdownAverage peak-to-trough decline | -91.66% | -25.90% | -65.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 58.70% | 17.67% | +41.03% |
Volatility
BIRD vs. KSPI - Volatility Comparison
Allbirds, Inc. (BIRD) has a higher volatility of 42.12% compared to Joint Stock Company Kaspi.kz (KSPI) at 10.37%. This indicates that BIRD's price experiences larger fluctuations and is considered to be riskier than KSPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BIRD | KSPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 42.12% | 10.37% | +31.75% |
Volatility (6M)Calculated over the trailing 6-month period | 210.78% | 26.99% | +183.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 592.04% | 37.11% | +554.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 288.18% | 38.83% | +249.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 288.18% | 38.83% | +249.35% |
Dividends
BIRD vs. KSPI - Dividend Comparison
BIRD has not paid dividends to shareholders, while KSPI's dividend yield for the trailing twelve months is around 6.35%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BIRD Allbirds, Inc. | 0.00% | 0.00% | 0.00% |
KSPI Joint Stock Company Kaspi.kz | 6.35% | 0.00% | 11.56% |
Financials
BIRD vs. KSPI - Financials Comparison
This section allows you to compare key financial metrics between Allbirds, Inc. and Joint Stock Company Kaspi.kz. 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
BIRD vs. KSPI - Profitability Comparison
BIRD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Allbirds, Inc. reported a gross profit of 17.76M and revenue of 47.68M. Therefore, the gross margin over that period was 37.2%.
KSPI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Joint Stock Company Kaspi.kz reported a gross profit of 722.88B and revenue of 1.03T. Therefore, the gross margin over that period was 70.5%.
BIRD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Allbirds, Inc. reported an operating income of -20.72M and revenue of 47.68M, resulting in an operating margin of -43.5%.
KSPI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Joint Stock Company Kaspi.kz reported an operating income of 305.82B and revenue of 1.03T, resulting in an operating margin of 29.8%.
BIRD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Allbirds, Inc. reported a net income of -19.58M and revenue of 47.68M, resulting in a net margin of -41.1%.
KSPI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Joint Stock Company Kaspi.kz reported a net income of 239.02B and revenue of 1.03T, resulting in a net margin of 23.3%.
Frequently Asked Questions
BIRD and KSPI have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BIRD has higher volatility (42.12%) compared to KSPI (10.37%). In terms of maximum drawdown, BIRD dropped -99.59% vs KSPI's -48.05%.
KSPI currently has the higher Sharpe Ratio (0.32 vs -0.08), 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.
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