CERS vs. BB
CERS (Cerus Corporation) and BB (BlackBerry Limited) are both stocks. CERS operates in Biotechnology (Healthcare), while BB operates in Software - Infrastructure (Technology). Over the past 10 years, CERS returned -11.37%/yr vs 0.98%/yr for BB. Their 0.25 correlation means their historical movements had little consistent relationship.
Performance
CERS vs. BB - Performance Comparison
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Returns By Period
In the year-to-date period, CERS achieves a 4.37% return, which is significantly lower than BB's 124.27% return. Over the past 10 years, CERS has underperformed BB with an annualized return of -11.37%, while BB has yielded a comparatively higher 0.98% annualized return.
CERS
- 1D
- -25.61%
- 1M
- -31.96%
- 6M
- -7.73%
- YTD
- 4.37%
- 1Y
- 69.29%
- 3Y*
- -10.21%
- 5Y*
- -15.67%
- 10Y*
- -11.37%
- ALL TIME*
- -5.73%
BB
- 1D
- 0.71%
- 1M
- -26.15%
- 6M
- 138.10%
- YTD
- 124.27%
- 1Y
- 135.46%
- 3Y*
- 18.80%
- 5Y*
- -3.50%
- 10Y*
- 0.98%
- ALL TIME*
- 5.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $142.34M | $219.51M | $306.93M | |
| $7.50M | $7.32M | $7.35M |
CERS vs. BB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CERS Cerus Corporation | 4.37% | 33.77% | -28.70% | -40.82% | -46.40% | -1.59% | 63.98% | -16.77% | 50.00% | -22.30% |
BB BlackBerry Limited | 124.27% | 0.26% | 6.78% | 8.59% | -65.13% | 41.03% | 3.27% | -9.70% | -36.35% | 62.12% |
Correlation
The correlation between CERS and BB is 0.19, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.19 |
Correlation (3Y) Balances recent behavior with more history. | 0.33 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.44 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.38 |
Correlation (All Time) Calculated using the full available price history since Feb 4, 1999 | 0.25 |
The correlation between CERS and BB shifts across timeframes, from 0.19 (1 year) to 0.44 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CERS:
$430.79M
BB:
$4.98B
CERS:
-$0.03
BB:
$0.10
CERS:
1.83
BB:
8.89
CERS:
$227.78M
BB:
$581.41M
CERS:
$121.55M
BB:
$446.55M
CERS:
$2.48M
BB:
$80.92M
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Return for Risk
CERS vs. BB — Risk / Return Rank
CERS
BB
CERS vs. BB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cerus Corporation (CERS) and BlackBerry Limited (BB). 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.
| CERS | BB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.38 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 3.36 | -1.58 |
| Martin ratioReturn relative to average drawdown | 4.50 | 6.93 | -2.43 |
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Drawdowns
CERS vs. BB - Drawdown Comparison
The maximum CERS drawdown since its inception was -99.28%, roughly equal to the maximum BB drawdown of -98.57%. Use the drawdown chart below to compare losses from any high point for CERS and BB.
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Drawdown Indicators
| CERS | BB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.28% | -98.57% | -0.71% |
Max Drawdown (1Y)Largest decline over 1 year | -38.32% | -39.03% | +0.71% |
Max Drawdown (3Y)Largest decline over 3 years | -52.46% | -62.32% | +9.86% |
Max Drawdown (5Y)Largest decline over 5 years | -85.37% | -82.01% | -3.36% |
Max Drawdown (10Y)Largest decline over 10 years | -86.45% | -91.59% | +5.14% |
Current DrawdownCurrent decline from peak | -97.33% | -94.24% | -3.09% |
Average DrawdownAverage peak-to-trough decline | -81.46% | -72.19% | -9.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.15% | 18.89% | -3.74% |
Volatility
CERS vs. BB - Volatility Comparison
Cerus Corporation (CERS) has a higher volatility of 32.20% compared to BlackBerry Limited (BB) at 21.28%. This indicates that CERS's price experiences larger fluctuations and is considered to be riskier than BB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CERS | BB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.20% | 21.28% | +10.92% |
Volatility (6M)Calculated over the trailing 6-month period | 59.83% | 50.27% | +9.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 79.08% | 59.77% | +19.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.84% | 58.43% | +12.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.78% | 60.57% | +3.21% |
Dividends
CERS vs. BB - Dividend Comparison
Neither CERS nor BB has paid dividends to shareholders.
Financials
CERS vs. BB - Financials Comparison
This section allows you to compare key financial metrics between Cerus Corporation and BlackBerry Limited. 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
CERS vs. BB - Profitability Comparison
CERS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Cerus Corporation reported a gross profit of 29.53M and revenue of 57.44M. Therefore, the gross margin over that period was 51.4%.
BB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, BlackBerry Limited reported a gross profit of 119.70M and revenue of 152.90M. Therefore, the gross margin over that period was 78.3%.
CERS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Cerus Corporation reported an operating income of -1.86M and revenue of 57.44M, resulting in an operating margin of -3.2%.
BB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, BlackBerry Limited reported an operating income of 15.30M and revenue of 152.90M, resulting in an operating margin of 10.0%.
CERS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Cerus Corporation reported a net income of -2.94M and revenue of 57.44M, resulting in a net margin of -5.1%.
BB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, BlackBerry Limited reported a net income of 8.50M and revenue of 152.90M, resulting in a net margin of 5.6%.
Frequently Asked Questions
CERS and BB have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CERS has higher volatility (32.20%) compared to BB (21.28%). In terms of maximum drawdown, CERS dropped -99.28% vs BB's -98.57%.
BB currently has the higher Sharpe Ratio (2.19 vs 0.86), 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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