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KNOP vs. BAC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

KNOP vs. BAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KNOT Offshore Partners LP (KNOP) and Bank of America Corporation (BAC). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
3.10%
18.51%
KNOP
BAC

Returns By Period

In the year-to-date period, KNOP achieves a 9.90% return, which is significantly lower than BAC's 40.71% return. Over the past 10 years, KNOP has underperformed BAC with an annualized return of -3.44%, while BAC has yielded a comparatively higher 12.79% annualized return.


KNOP

YTD

9.90%

1M

-0.39%

6M

9.01%

1Y

13.04%

5Y (annualized)

-13.18%

10Y (annualized)

-3.44%

BAC

YTD

40.71%

1M

9.83%

6M

20.11%

1Y

61.18%

5Y (annualized)

9.68%

10Y (annualized)

12.79%

Fundamentals


KNOPBAC
Market Cap$215.92M$356.48B
EPS-$0.14$2.76
PEG Ratio10.452.06
Total Revenue (TTM)$224.08M$97.40B
Gross Profit (TTM)$60.15M$58.68B
EBITDA (TTM)$124.94M$42.54B

Key characteristics


KNOPBAC
Sharpe Ratio0.342.59
Sortino Ratio0.913.82
Omega Ratio1.101.46
Calmar Ratio0.211.63
Martin Ratio0.8611.14
Ulcer Index16.75%5.47%
Daily Std Dev42.24%23.53%
Max Drawdown-74.53%-93.45%
Current Drawdown-62.69%-0.62%

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Correlation

-0.50.00.51.00.3

The correlation between KNOP and BAC is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

KNOP vs. BAC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KNOT Offshore Partners LP (KNOP) and Bank of America Corporation (BAC). 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.


Sharpe ratio
The chart of Sharpe ratio for KNOP, currently valued at 0.34, compared to the broader market-4.00-2.000.002.004.000.342.59
The chart of Sortino ratio for KNOP, currently valued at 0.91, compared to the broader market-4.00-2.000.002.004.000.913.82
The chart of Omega ratio for KNOP, currently valued at 1.10, compared to the broader market0.501.001.502.001.101.46
The chart of Calmar ratio for KNOP, currently valued at 0.21, compared to the broader market0.002.004.006.000.211.63
The chart of Martin ratio for KNOP, currently valued at 0.86, compared to the broader market0.0010.0020.0030.000.8611.14
KNOP
BAC

The current KNOP Sharpe Ratio is 0.34, which is lower than the BAC Sharpe Ratio of 2.59. The chart below compares the historical Sharpe Ratios of KNOP and BAC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
0.34
2.59
KNOP
BAC

Dividends

KNOP vs. BAC - Dividend Comparison

KNOP's dividend yield for the trailing twelve months is around 1.67%, less than BAC's 2.11% yield.


TTM20232022202120202019201820172016201520142013
KNOP
KNOT Offshore Partners LP
1.67%1.81%21.60%15.57%13.81%10.50%11.60%10.02%8.81%15.05%8.07%2.68%
BAC
Bank of America Corporation
2.11%2.73%2.60%1.75%2.38%1.87%2.19%1.32%1.13%1.19%0.67%0.26%

Drawdowns

KNOP vs. BAC - Drawdown Comparison

The maximum KNOP drawdown since its inception was -74.53%, smaller than the maximum BAC drawdown of -93.45%. Use the drawdown chart below to compare losses from any high point for KNOP and BAC. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-62.69%
-0.62%
KNOP
BAC

Volatility

KNOP vs. BAC - Volatility Comparison

The current volatility for KNOT Offshore Partners LP (KNOP) is 8.63%, while Bank of America Corporation (BAC) has a volatility of 9.45%. This indicates that KNOP experiences smaller price fluctuations and is considered to be less risky than BAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
8.63%
9.45%
KNOP
BAC

Financials

KNOP vs. BAC - Financials Comparison

This section allows you to compare key financial metrics between KNOT Offshore Partners LP and Bank of America Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items