CBAT vs. CNM

Last updated Jul 14, 2026

CBAT (CBAK Energy Technology, Inc.) and CNM (Core & Main, Inc.) are both stocks. Both are in the Industrials sector — CBAT in Electrical Equipment & Parts, CNM in Industrial Distribution. At a correlation of -0.32, they often move in opposite directions.

Performance

CBAT vs. CNM - Performance Comparison

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

Returns By Period

CBAT

• 1D: -1.42%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CNM

• 1D: -2.44%
• 1M: -7.43%
• 6M: -20.81%
• YTD: -13.91%
• 1Y: -27.35%
• 3Y*: 12.59%
• 5Y*: —
• 10Y*: —

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

CBAT vs. CNM - Yearly Performance Comparison

	2026 (YTD)
CBAT CBAK Energy Technology, Inc.	-13.79%
CNM Core & Main, Inc.	-6.79%

Correlation

The correlation between CBAT and CNM is -0.32, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 30, 2026	-0.32

Fundamentals

Market Cap CBAT : $44.32M CNM : $8.38B
EPS CBAT : -$0.10 CNM : $3.02
PS Ratio CBAT : 0.23 CNM : 0.87
Total Revenue (TTM) CBAT : $195.19M CNM : $7.65B
Gross Profit (TTM) CBAT : $18.42M CNM : $2.07B
EBITDA (TTM) CBAT : -$18.44M CNM : $909.00M

Return for Risk

CBAT vs. CNM — Risk / Return Rank

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

CBAT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

CNM

CNM Risk / Return Rank: 15
CNM Sharpe Ratio Rank: 15
CNM Sortino Ratio Rank: 18
CNM Omega Ratio Rank: 16
CNM Calmar Ratio Rank: 12
CNM Martin Ratio Rank: 14

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. CNM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CBAK Energy Technology, Inc. (CBAT) and Core & Main, Inc. (CNM). 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.

	CBAT	CNM	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.67	—
Sortino ratio: Return per unit of downside risk	—	-0.69	—
Omega ratio: Gain probability vs. loss probability	—	0.90	—
Calmar ratio: Return relative to maximum drawdown	—	-0.81	—
Martin ratio: Return relative to average drawdown	—	-1.24	—

Drawdowns

CBAT vs. CNM - Drawdown Comparison

The maximum CBAT drawdown since its inception was -17.42%, smaller than the maximum CNM drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for CBAT and CNM.

Drawdown Indicators

	CBAT	CNM	Difference
Max Drawdown Largest peak-to-trough decline	-17.42%	-40.00%	+22.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-33.88%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-38.74%	—
Current Drawdown Current decline from peak	-17.42%	-33.20%	+15.78%
Average Drawdown Average peak-to-trough decline	-10.35%	-17.37%	+7.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	22.07%	—

Volatility

Volatility by Period

	CBAT	CNM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.23%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.98%	—
Volatility (1Y) Calculated over the trailing 1-year period	71.91%	40.87%	+31.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.91%	40.68%	+31.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.91%	40.68%	+31.23%

Dividends

CBAT vs. CNM - Dividend Comparison

Neither CBAT nor CNM has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both CBAT and CNM in my portfolio?

CBAT and CNM have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.