BTBT vs. ABEV
Compare and contrast key facts about Bit Digital, Inc. (BTBT) and Ambev S.A. (ABEV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTBT or ABEV.
Key characteristics
| BTBT | ABEV | |
|---|---|---|
| YTD Return | 1.42% | -22.50% |
| 1Y Return | 104.29% | -15.56% |
| 3Y Return (Ann) | -29.69% | -7.84% |
| Sharpe Ratio | 0.95 | -0.70 |
| Sortino Ratio | 2.00 | -0.86 |
| Omega Ratio | 1.22 | 0.90 |
| Calmar Ratio | 1.11 | -0.25 |
| Martin Ratio | 2.57 | -1.02 |
| Ulcer Index | 40.51% | 16.78% |
| Daily Std Dev | 110.03% | 24.42% |
| Max Drawdown | -98.16% | -74.18% |
| Current Drawdown | -85.34% | -65.63% |
Fundamentals
| BTBT | ABEV | |
|---|---|---|
| Market Cap | $634.03M | $34.76B |
| EPS | $0.21 | $0.16 |
| PE Ratio | 20.43 | 13.56 |
| Total Revenue (TTM) | $75.29M | $82.41B |
| Gross Profit (TTM) | $15.42M | $40.50B |
| EBITDA (TTM) | $11.26M | $18.75B |
Correlation
The correlation between BTBT and ABEV is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BTBT vs. ABEV - Performance Comparison
In the year-to-date period, BTBT achieves a 1.42% return, which is significantly higher than ABEV's -22.50% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BTBT vs. ABEV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bit Digital, Inc. (BTBT) and Ambev S.A. (ABEV). 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.
Dividends
BTBT vs. ABEV - Dividend Comparison
BTBT has not paid dividends to shareholders, while ABEV's dividend yield for the trailing twelve months is around 6.77%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTBT Bit Digital, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ABEV Ambev S.A. | 6.77% | 5.25% | 5.37% | 4.39% | 2.68% | 2.51% | 3.80% | 2.57% | 3.75% | 5.09% | 5.31% | 1.64% |
Drawdowns
BTBT vs. ABEV - Drawdown Comparison
The maximum BTBT drawdown since its inception was -98.16%, which is greater than ABEV's maximum drawdown of -74.18%. Use the drawdown chart below to compare losses from any high point for BTBT and ABEV. For additional features, visit the drawdowns tool.
Volatility
BTBT vs. ABEV - Volatility Comparison
Bit Digital, Inc. (BTBT) has a higher volatility of 28.38% compared to Ambev S.A. (ABEV) at 7.31%. This indicates that BTBT's price experiences larger fluctuations and is considered to be riskier than ABEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BTBT vs. ABEV - Financials Comparison
This section allows you to compare key financial metrics between Bit Digital, Inc. and Ambev S.A.. 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