CBAT vs. ARCT

Last updated Jun 3, 2026

CBAT (CBAK Energy Technology, Inc.) and ARCT (Arcturus Therapeutics Holdings Inc.) are both stocks. CBAT operates in Electrical Equipment & Parts (Industrials), while ARCT operates in Biotechnology (Healthcare). Over the past 5 years, CBAT returned -29.17%/yr vs -24.26%/yr for ARCT. At a 0.30 correlation, their price movements are largely independent.

Performance

CBAT vs. ARCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CBAK Energy Technology, Inc. (CBAT) and Arcturus Therapeutics Holdings Inc. (ARCT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CBAT achieves a -5.21% return, which is significantly lower than ARCT's 24.80% return.

CBAT

• 1D: 0.25%
• 1M: -1.10%
• YTD: -5.21%
• 6M: -10.10%
• 1Y: -21.62%
• 3Y*: -12.95%
• 5Y*: -29.17%
• 10Y*: -11.25%

ARCT

• 1D: -1.54%
• 1M: -11.36%
• YTD: 24.80%
• 6M: 22.40%
• 1Y: -40.28%
• 3Y*: -34.22%
• 5Y*: -24.26%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CBAT vs. ARCT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CBAT CBAK Energy Technology, Inc.	-5.21%	-11.16%	-10.48%	6.06%	-36.54%	-69.17%	1,165.00%
ARCT Arcturus Therapeutics Holdings Inc.	24.80%	-63.88%	-46.18%	85.91%	-54.17%	-14.68%	155.18%

Correlation

The correlation between CBAT and ARCT is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (All Time) Calculated using the full available price history since Apr 17, 2020	0.30

Fundamentals

Market Cap CBAT : $70.65M ARCT : $217.42M
EPS CBAT : -$0.10 ARCT : -$1.81
PS Ratio CBAT : 0.36 ARCT : 4.50
PB Ratio CBAT : 0.00 ARCT : 1.14
Total Revenue (TTM) CBAT : $195.19M ARCT : $46.80M
Gross Profit (TTM) CBAT : $18.42M ARCT : $40.72M
EBITDA (TTM) CBAT : -$18.44M ARCT : -$84.61M

Return for Risk

CBAT vs. ARCT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CBAT

CBAT Risk / Return Rank: 24
CBAT Sharpe Ratio Rank: 23
CBAT Sortino Ratio Rank: 23
CBAT Omega Ratio Rank: 24
CBAT Calmar Ratio Rank: 24
CBAT Martin Ratio Rank: 26

ARCT

ARCT Risk / Return Rank: 25
ARCT Sharpe Ratio Rank: 22
ARCT Sortino Ratio Rank: 28
ARCT Omega Ratio Rank: 28
ARCT Calmar Ratio Rank: 22
ARCT Martin Ratio Rank: 26

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CBAT vs. ARCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CBAK Energy Technology, Inc. (CBAT) and Arcturus Therapeutics Holdings Inc. (ARCT). 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.

	CBAT	ARCT	Difference
Sharpe ratio Return per unit of total volatility	-0.40	-0.44	+0.04
Sortino ratio Return per unit of downside risk	-0.32	-0.05	-0.27
Omega ratio Gain probability vs. loss probability	0.96	0.99	-0.03
Calmar ratio Return relative to maximum drawdown	-0.48	-0.52	+0.04
Martin ratio Return relative to average drawdown	-0.75	-0.74	-0.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CBAT vs. ARCT - Sharpe Ratio Comparison

The current CBAT Sharpe Ratio is -0.40, which is comparable to the ARCT Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of CBAT and ARCT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CBAT	ARCT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.40	-0.44	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.42	-0.27	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.00	-0.12	+0.12

Drawdowns

CBAT vs. ARCT - Drawdown Comparison

The maximum CBAT drawdown since its inception was -99.49%, roughly equal to the maximum ARCT drawdown of -95.23%. Use the drawdown chart below to compare losses from any high point for CBAT and ARCT.

Drawdown Indicators

	CBAT	ARCT	Difference
Max Drawdown Largest peak-to-trough decline	-99.49%	-95.23%	-4.26%
Max Drawdown (1Y) Largest decline over 1 year	-41.02%	-74.53%	+33.51%
Max Drawdown (3Y) Largest decline over 3 years	-66.13%	-86.71%	+20.58%
Max Drawdown (5Y) Largest decline over 5 years	-87.20%	-89.87%	+2.67%
Max Drawdown (10Y) Largest decline over 10 years	-94.34%	—	—
Current Drawdown Current decline from peak	-98.73%	-93.81%	-4.92%
Average Drawdown Average peak-to-trough decline	-79.45%	-72.96%	-6.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.11%	52.60%	-26.49%

Volatility

CBAT vs. ARCT - Volatility Comparison

CBAK Energy Technology, Inc. (CBAT) has a higher volatility of 19.73% compared to Arcturus Therapeutics Holdings Inc. (ARCT) at 18.67%. This indicates that CBAT's price experiences larger fluctuations and is considered to be riskier than ARCT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CBAT	ARCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.73%	18.67%	+1.06%
Volatility (6M) Calculated over the trailing 6-month period	33.31%	40.39%	-7.08%
Volatility (1Y) Calculated over the trailing 1-year period	54.09%	92.42%	-38.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.63%	91.77%	-22.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	98.80%	102.26%	-3.46%

Dividends

CBAT vs. ARCT - Dividend Comparison

Neither CBAT nor ARCT has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both CBAT and ARCT in my portfolio?

CBAT and ARCT have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CBAT or ARCT?

CBAT has higher volatility (19.73%) compared to ARCT (18.67%). In terms of maximum drawdown, CBAT dropped -99.49% vs ARCT's -95.23%.

Which has better risk-adjusted returns?

CBAT currently has the higher Sharpe Ratio (-0.40 vs -0.44), 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.