HPP vs. BCAB

Last updated Jun 23, 2026

HPP (Hudson Pacific Properties, Inc.) and BCAB (BioAtla, Inc.) are both stocks. HPP operates in REIT - Office (Real Estate), while BCAB operates in Biotechnology (Healthcare). Over the past 5 years, HPP returned -38.56%/yr vs -71.61%/yr for BCAB. At a 0.19 correlation, their price movements are largely independent.

Performance

HPP vs. BCAB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hudson Pacific Properties, Inc. (HPP) and BioAtla, Inc. (BCAB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HPP achieves a 34.26% return, which is significantly higher than BCAB's -87.25% return.

HPP

• 1D: -0.55%
• 1M: 29.47%
• YTD: 34.26%
• 6M: 41.72%
• 1Y: -26.60%
• 3Y*: -19.67%
• 5Y*: -38.56%
• 10Y*: -20.28%

BCAB

• 1D: -0.96%
• 1M: -1.90%
• YTD: -87.25%
• 6M: -90.93%
• 1Y: -81.96%
• 3Y*: -72.55%
• 5Y*: -71.61%
• 10Y*: —

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

HPP vs. BCAB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
HPP Hudson Pacific Properties, Inc.	34.26%	-48.94%	-66.86%	1.86%	-57.88%	6.79%	-6.07%
BCAB BioAtla, Inc.	-87.25%	-3.97%	-75.97%	-70.18%	-57.97%	-42.28%	11.33%

Correlation

The correlation between HPP and BCAB is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (All Time) Calculated using the full available price history since Dec 16, 2020	0.19

The correlation between HPP and BCAB shifts across timeframes, from 0.06 (1 year) to 0.19 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS HPP : -$10.62 BCAB : -$1.10
Total Revenue (TTM) HPP : $814.50M BCAB : $0.00
Gross Profit (TTM) HPP : $237.04M BCAB : -$12.46M
EBITDA (TTM) HPP : -$33.73M BCAB : -$67.70M

Return for Risk

HPP vs. BCAB — Risk / Return Rank

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

HPP

HPP Risk / Return Rank: 28
HPP Sharpe Ratio Rank: 25
HPP Sortino Ratio Rank: 26
HPP Omega Ratio Rank: 27
HPP Calmar Ratio Rank: 30
HPP Martin Ratio Rank: 31

BCAB

BCAB Risk / Return Rank: 13
BCAB Sharpe Ratio Rank: 15
BCAB Sortino Ratio Rank: 14
BCAB Omega Ratio Rank: 15
BCAB Calmar Ratio Rank: 8
BCAB Martin Ratio Rank: 10

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.

HPP vs. BCAB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hudson Pacific Properties, Inc. (HPP) and BioAtla, Inc. (BCAB). 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.

	HPP	BCAB	Difference
Sharpe ratio: Return per unit of total volatility	-0.41	-0.62	+0.21
Sortino ratio: Return per unit of downside risk	-0.22	-0.84	+0.62
Omega ratio: Gain probability vs. loss probability	0.98	0.90	+0.07
Calmar ratio: Return relative to maximum drawdown	-0.36	-0.87	+0.51
Martin ratio: Return relative to average drawdown	-0.60	-1.33	+0.73

HPP vs. BCAB - Sharpe Ratio Comparison

The current HPP Sharpe Ratio is -0.41, which is higher than the BCAB Sharpe Ratio of -0.62. The chart below compares the historical Sharpe Ratios of HPP and BCAB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HPP vs. BCAB - Drawdown Comparison

The maximum HPP drawdown since its inception was -97.44%, roughly equal to the maximum BCAB drawdown of -99.91%. Use the drawdown chart below to compare losses from any high point for HPP and BCAB.

Drawdown Indicators

	HPP	BCAB	Difference
Max Drawdown Largest peak-to-trough decline	-97.44%	-99.91%	+2.47%
Max Drawdown (1Y) Largest decline over 1 year	-74.36%	-94.57%	+20.21%
Max Drawdown (3Y) Largest decline over 3 years	-91.71%	-98.31%	+6.60%
Max Drawdown (5Y) Largest decline over 5 years	-96.83%	-99.85%	+3.02%
Max Drawdown (10Y) Largest decline over 10 years	-97.44%	—	—
Current Drawdown Current decline from peak	-93.26%	-99.90%	+6.64%
Average Drawdown Average peak-to-trough decline	-30.08%	-84.84%	+54.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	44.07%	61.49%	-17.42%

Volatility

HPP vs. BCAB - Volatility Comparison

The current volatility for Hudson Pacific Properties, Inc. (HPP) is 20.70%, while BioAtla, Inc. (BCAB) has a volatility of 22.89%. This indicates that HPP experiences smaller price fluctuations and is considered to be less risky than BCAB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HPP	BCAB	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.70%	22.89%	-2.19%
Volatility (6M) Calculated over the trailing 6-month period	55.19%	101.19%	-46.00%
Volatility (1Y) Calculated over the trailing 1-year period	65.99%	133.67%	-67.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.70%	118.50%	-59.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.73%	115.06%	-67.33%

Dividends

HPP vs. BCAB - Dividend Comparison

Neither HPP nor BCAB has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BCAB BioAtla, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HPP Hudson Pacific Properties, Inc.	0.00%	0.00%	3.30%	4.03%	10.28%	4.05%	4.16%	2.66%	3.44%	2.92%	2.30%	2.04%

Financials

Frequently Asked Questions

Can I hold both HPP and BCAB in my portfolio?

HPP and BCAB have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HPP or BCAB?

BCAB has higher volatility (22.89%) compared to HPP (20.70%). In terms of maximum drawdown, HPP dropped -97.44% vs BCAB's -99.91%.

Which has better risk-adjusted returns?

HPP currently has the higher Sharpe Ratio (-0.41 vs -0.62), 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.