CBAT vs. SGRP

Last updated Jul 14, 2026

CBAT (CBAK Energy Technology, Inc.) and SGRP (SPAR Group, Inc.) are both stocks. Both are in the Industrials sector — CBAT in Electrical Equipment & Parts, SGRP in Specialty Business Services. At a 0.28 correlation, their price movements are largely independent.

Performance

CBAT vs. SGRP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CBAK Energy Technology, Inc. (CBAT) and SPAR Group, Inc. (SGRP). 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*: —

SGRP

• 1D: -1.61%
• 1M: 2.65%
• 6M: -0.58%
• YTD: 8.22%
• 1Y: -8.94%
• 3Y*: -11.14%
• 5Y*: -10.73%
• 10Y*: -2.02%

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

CBAT vs. SGRP - Yearly Performance Comparison

	2026 (YTD)
CBAT CBAK Energy Technology, Inc.	-13.79%
SGRP SPAR Group, Inc.	2.27%

Correlation

The correlation between CBAT and SGRP is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 30, 2026	0.28

Fundamentals

Market Cap CBAT : $44.32M SGRP : $24.31M
EPS CBAT : -$0.10 SGRP : -$1.03
PS Ratio CBAT : 0.23 SGRP : 0.15
PB Ratio CBAT : 0.00 SGRP : 32.91
Total Revenue (TTM) CBAT : $195.19M SGRP : $136.10M
Gross Profit (TTM) CBAT : $18.42M SGRP : $21.69M
EBITDA (TTM) CBAT : -$18.44M SGRP : -$16.30M

Return for Risk

CBAT vs. SGRP — 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.

SGRP

SGRP Risk / Return Rank: 38
SGRP Sharpe Ratio Rank: 37
SGRP Sortino Ratio Rank: 36
SGRP Omega Ratio Rank: 36
SGRP Calmar Ratio Rank: 40
SGRP Martin Ratio Rank: 41

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. SGRP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CBAK Energy Technology, Inc. (CBAT) and SPAR Group, Inc. (SGRP). 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	SGRP	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.18	—
Sortino ratio: Return per unit of downside risk	—	0.09	—
Omega ratio: Gain probability vs. loss probability	—	1.01	—
Calmar ratio: Return relative to maximum drawdown	—	-0.15	—
Martin ratio: Return relative to average drawdown	—	-0.26	—

Drawdowns

CBAT vs. SGRP - Drawdown Comparison

The maximum CBAT drawdown since its inception was -17.42%, smaller than the maximum SGRP drawdown of -99.23%. Use the drawdown chart below to compare losses from any high point for CBAT and SGRP.

Drawdown Indicators

	CBAT	SGRP	Difference
Max Drawdown Largest peak-to-trough decline	-17.42%	-99.23%	+81.81%
Max Drawdown (1Y) Largest decline over 1 year	—	-60.50%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-82.58%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-82.58%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-82.58%	—
Current Drawdown Current decline from peak	-17.42%	-96.98%	+79.56%
Average Drawdown Average peak-to-trough decline	-10.35%	-92.17%	+81.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	34.77%	—

Volatility

Volatility by Period

	CBAT	SGRP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.69%	—
Volatility (6M) Calculated over the trailing 6-month period	—	33.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	71.91%	50.18%	+21.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.91%	65.76%	+6.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.91%	70.97%	+0.94%

Dividends

CBAT vs. SGRP - Dividend Comparison

Neither CBAT nor SGRP has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both CBAT and SGRP in my portfolio?

CBAT and SGRP have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.