CBAT vs. CNM
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. Over the past 3 years, CBAT returned -20.91%/yr vs 16.82%/yr for CNM. At a 0.22 correlation, their price movements are largely independent.
Performance
CBAT vs. CNM - Performance Comparison
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Returns By Period
In the year-to-date period, CBAT achieves a -22.40% return, which is significantly lower than CNM's -10.62% return.
CBAT
- 1D
- 1.06%
- 1M
- -13.60%
- YTD
- -22.40%
- 6M
- -27.36%
- 1Y
- -43.16%
- 3Y*
- -20.91%
- 5Y*
- -33.03%
- 10Y*
- -12.80%
CNM
- 1D
- -1.69%
- 1M
- -1.73%
- YTD
- -10.62%
- 6M
- -13.57%
- 1Y
- -20.38%
- 3Y*
- 16.82%
- 5Y*
- —
- 10Y*
- —
CBAT vs. CNM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CBAT CBAK Energy Technology, Inc. | -22.40% | -11.16% | -10.48% | 6.06% | -36.54% | -62.32% |
CNM Core & Main, Inc. | -10.62% | 2.08% | 25.98% | 109.27% | -36.35% | 51.70% |
Correlation
The correlation between CBAT and CNM is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jul 22, 2021 | 0.22 |
Fundamentals
CBAT:
-$0.10
CNM:
$3.02
CBAT:
0.30
CNM:
0.90
CBAT:
$195.19M
CNM:
$7.65B
CBAT:
$18.42M
CNM:
$2.07B
CBAT:
-$18.44M
CNM:
$909.00M
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Return for Risk
CBAT vs. CNM — Risk / Return Rank
CBAT
CNM
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 ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 0.93 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | -0.60 | -0.31 |
| Martin ratioReturn relative to average drawdown | -1.57 | -0.97 | -0.60 |
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Drawdowns
CBAT vs. CNM - Drawdown Comparison
The maximum CBAT drawdown since its inception was -99.49%, which is greater than CNM's maximum drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for CBAT and CNM.
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Drawdown Indicators
| CBAT | CNM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.49% | -40.00% | -59.49% |
Max Drawdown (1Y)Largest decline over 1 year | -47.44% | -33.88% | -13.56% |
Max Drawdown (3Y)Largest decline over 3 years | -66.13% | -38.74% | -27.39% |
Max Drawdown (5Y)Largest decline over 5 years | -86.94% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -94.34% | — | — |
Current DrawdownCurrent decline from peak | -98.96% | -30.65% | -68.31% |
Average DrawdownAverage peak-to-trough decline | -79.49% | -17.23% | -62.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.43% | 20.95% | +6.48% |
Volatility
CBAT vs. CNM - Volatility Comparison
CBAK Energy Technology, Inc. (CBAT) has a higher volatility of 21.05% compared to Core & Main, Inc. (CNM) at 11.52%. This indicates that CBAT's price experiences larger fluctuations and is considered to be riskier than CNM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBAT | CNM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.05% | 11.52% | +9.53% |
Volatility (6M)Calculated over the trailing 6-month period | 33.78% | 23.83% | +9.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.38% | 40.21% | +12.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.54% | 40.73% | +28.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 98.72% | 40.73% | +57.99% |
Dividends
CBAT vs. CNM - Dividend Comparison
Neither CBAT nor CNM has paid dividends to shareholders.
Financials
CBAT vs. CNM - Financials Comparison
This section allows you to compare key financial metrics between CBAK Energy Technology, Inc. and Core & Main, Inc.. 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
Frequently Asked Questions
CBAT and CNM have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CBAT has higher volatility (21.05%) compared to CNM (11.52%). In terms of maximum drawdown, CBAT dropped -99.49% vs CNM's -40.00%.
CNM currently has the higher Sharpe Ratio (-0.51 vs -0.83), 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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