BW vs. SGML
BW (Babcock & Wilcox Enterprises, Inc.) and SGML (Sigma Lithium Resources Corp) are both stocks. BW operates in Specialty Industrial Machinery (Industrials), while SGML operates in Other Industrial Metals & Mining (Basic Materials). Over the past 3 years, BW returned 46.96%/yr vs -27.49%/yr for SGML. At a 0.26 correlation, their price movements are largely independent.
Performance
BW vs. SGML - Performance Comparison
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Returns By Period
In the year-to-date period, BW achieves a 178.86% return, which is significantly higher than SGML's 14.94% return.
BW
- 1D
- -2.00%
- 1M
- 17.24%
- YTD
- 178.86%
- 6M
- 174.96%
- 1Y
- 2,004.76%
- 3Y*
- 46.96%
- 5Y*
- 14.74%
- 10Y*
- -22.27%
SGML
- 1D
- -8.01%
- 1M
- -32.83%
- YTD
- 14.94%
- 6M
- 51.15%
- 1Y
- 202.59%
- 3Y*
- -27.49%
- 5Y*
- —
- 10Y*
- —
BW vs. SGML - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BW Babcock & Wilcox Enterprises, Inc. | 178.86% | 286.59% | 12.33% | -74.70% | -36.03% | 36.25% |
SGML Sigma Lithium Resources Corp | 14.94% | 17.56% | -64.41% | 11.73% | 171.09% | 28.52% |
Correlation
The correlation between BW and SGML 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 | 0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2021 | 0.26 |
Fundamentals
BW:
$2.36B
SGML:
$1.69B
BW:
-$0.83
SGML:
-$0.39
BW:
3.02
SGML:
16.21
BW:
$668.48M
SGML:
$104.10M
BW:
$121.68M
SGML:
$28.12M
BW:
-$41.40M
SGML:
$5.88M
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Return for Risk
BW vs. SGML — Risk / Return Rank
BW
SGML
BW vs. SGML - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Babcock & Wilcox Enterprises, Inc. (BW) and Sigma Lithium Resources Corp (SGML). 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.
| BW | SGML | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +13.46 | ||
| Sortino ratioReturn per unit of downside risk | +2.70 | ||
| Omega ratioGain probability vs. loss probability | 1.72 | 1.53 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 58.85 | 3.16 | +55.69 |
| Martin ratioReturn relative to average drawdown | 135.77 | 9.77 | +126.00 |
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
| BW | SGML | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 14.19 | 0.72 | +13.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.19 | 0.10 | -0.29 |
Drawdowns
BW vs. SGML - Drawdown Comparison
The maximum BW drawdown since its inception was -99.89%, which is greater than SGML's maximum drawdown of -89.91%. Use the drawdown chart below to compare losses from any high point for BW and SGML.
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Drawdown Indicators
| BW | SGML | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.89% | -89.91% | -9.98% |
Max Drawdown (1Y)Largest decline over 1 year | -34.50% | -64.56% | +30.06% |
Max Drawdown (3Y)Largest decline over 3 years | -96.03% | -89.75% | -6.28% |
Max Drawdown (5Y)Largest decline over 5 years | -97.39% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -99.88% | — | — |
Current DrawdownCurrent decline from peak | -92.53% | -64.25% | -28.28% |
Average DrawdownAverage peak-to-trough decline | -82.80% | -42.97% | -39.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.93% | 20.83% | -5.90% |
Volatility
BW vs. SGML - Volatility Comparison
Babcock & Wilcox Enterprises, Inc. (BW) has a higher volatility of 34.66% compared to Sigma Lithium Resources Corp (SGML) at 24.63%. This indicates that BW's price experiences larger fluctuations and is considered to be riskier than SGML based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BW | SGML | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.66% | 24.63% | +10.03% |
Volatility (6M)Calculated over the trailing 6-month period | 89.70% | 221.92% | -132.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 143.20% | 283.19% | -139.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 110.03% | 143.56% | -33.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 108.14% | 143.56% | -35.42% |
Dividends
BW vs. SGML - Dividend Comparison
Neither BW nor SGML has paid dividends to shareholders.
Financials
BW vs. SGML - Financials Comparison
This section allows you to compare key financial metrics between Babcock & Wilcox Enterprises, Inc. and Sigma Lithium Resources Corp. 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
BW vs. SGML - Profitability Comparison
BW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Babcock & Wilcox Enterprises, Inc. reported a gross profit of 0.00 and revenue of 214.41M. Therefore, the gross margin over that period was 0.0%.
SGML - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sigma Lithium Resources Corp reported a gross profit of 23.15M and revenue of 41.76M. Therefore, the gross margin over that period was 55.5%.
BW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Babcock & Wilcox Enterprises, Inc. reported an operating income of -79.62M and revenue of 214.41M, resulting in an operating margin of -37.1%.
SGML - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sigma Lithium Resources Corp reported an operating income of 19.48M and revenue of 41.76M, resulting in an operating margin of 46.7%.
BW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Babcock & Wilcox Enterprises, Inc. reported a net income of -80.66M and revenue of 214.41M, resulting in a net margin of -37.6%.
SGML - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sigma Lithium Resources Corp reported a net income of 10.98M and revenue of 41.76M, resulting in a net margin of 26.3%.
Frequently Asked Questions
BW and SGML 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.
BW has higher volatility (34.66%) compared to SGML (24.63%). In terms of maximum drawdown, BW dropped -99.89% vs SGML's -89.91%.
BW currently has the higher Sharpe Ratio (14.19 vs 0.72), 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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