PERI vs. BAC

Last updated Jun 3, 2026

PERI (Perion Network Ltd.) and BAC (Bank of America Corporation) are both stocks. PERI operates in Internet Content & Information (Communication Services), while BAC operates in Banks - Diversified (Financial Services). Over the past 10 years, PERI returned 7.84%/yr vs 16.29%/yr for BAC. At a 0.20 correlation, their price movements are largely independent.

Performance

PERI vs. BAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Perion Network Ltd. (PERI) and Bank of America Corporation (BAC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PERI achieves a -14.72% return, which is significantly lower than BAC's -4.04% return. Over the past 10 years, PERI has underperformed BAC with an annualized return of 7.84%, while BAC has yielded a comparatively higher 16.29% annualized return.

PERI

• 1D: -1.68%
• 1M: -24.91%
• YTD: -14.72%
• 6M: -20.06%
• 1Y: -23.14%
• 3Y*: -35.82%
• 5Y*: -12.55%
• 10Y*: 7.84%

BAC

• 1D: 1.88%
• 1M: -1.43%
• YTD: -4.04%
• 6M: -0.26%
• 1Y: 21.73%
• 3Y*: 25.15%
• 5Y*: 6.41%
• 10Y*: 16.29%

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

PERI vs. BAC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PERI Perion Network Ltd.	-14.72%	13.11%	-72.56%	22.02%	5.20%	88.92%	104.66%	139.23%	-15.86%	-27.46%
BAC Bank of America Corporation	-4.04%	28.04%	33.85%	4.83%	-23.82%	49.61%	-11.63%	46.19%	-15.00%	35.69%

Correlation

The correlation between PERI and BAC is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Feb 1, 2006	0.20

The correlation between PERI and BAC shifts across timeframes, from 0.20 (all time) to 0.31 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap PERI : $319.47M BAC : $389.27B
EPS PERI : -$0.23 BAC : $4.19
PS Ratio PERI : 0.76 BAC : 2.27
PB Ratio PERI : 0.49 BAC : 1.41
Total Revenue (TTM) PERI : $440.96M BAC : $174.85B
Gross Profit (TTM) PERI : $146.71M BAC : $110.47B
EBITDA (TTM) PERI : $4.33M BAC : $41.74B

Return for Risk

PERI vs. BAC — Risk / Return Rank

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

PERI

PERI Risk / Return Rank: 13
PERI Sharpe Ratio Rank: 15
PERI Sortino Ratio Rank: 16
PERI Omega Ratio Rank: 16
PERI Calmar Ratio Rank: 10
PERI Martin Ratio Rank: 7

BAC

BAC Risk / Return Rank: 66
BAC Sharpe Ratio Rank: 72
BAC Sortino Ratio Rank: 64
BAC Omega Ratio Rank: 62
BAC Calmar Ratio Rank: 64
BAC Martin Ratio Rank: 67

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.

PERI vs. BAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Perion Network Ltd. (PERI) 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.

	PERI	BAC	Difference
Sharpe ratio Return per unit of total volatility	-0.60	1.02	-1.62
Sortino ratio Return per unit of downside risk	-0.65	1.44	-2.10
Omega ratio Gain probability vs. loss probability	0.92	1.18	-0.27
Calmar ratio Return relative to maximum drawdown	-0.81	1.20	-2.01
Martin ratio Return relative to average drawdown	-1.42	3.13	-4.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PERI vs. BAC - Sharpe Ratio Comparison

The current PERI Sharpe Ratio is -0.60, which is lower than the BAC Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of PERI and BAC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PERI	BAC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.60	1.02	-1.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	0.24	-0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.13	0.53	-0.40
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	0.20	-0.26

Drawdowns

PERI vs. BAC - Drawdown Comparison

The maximum PERI drawdown since its inception was -95.14%, roughly equal to the maximum BAC drawdown of -93.10%. Use the drawdown chart below to compare losses from any high point for PERI and BAC.

Drawdown Indicators

	PERI	BAC	Difference
Max Drawdown Largest peak-to-trough decline	-95.14%	-93.10%	-2.04%
Max Drawdown (1Y) Largest decline over 1 year	-28.52%	-17.93%	-10.59%
Max Drawdown (3Y) Largest decline over 3 years	-80.65%	-27.51%	-53.14%
Max Drawdown (5Y) Largest decline over 5 years	-83.08%	-46.64%	-36.44%
Max Drawdown (10Y) Largest decline over 10 years	-83.08%	-48.95%	-34.13%
Current Drawdown Current decline from peak	-81.47%	-7.81%	-73.66%
Average Drawdown Average peak-to-trough decline	-56.39%	-28.32%	-28.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.14%	6.91%	+9.23%

Volatility

PERI vs. BAC - Volatility Comparison

Perion Network Ltd. (PERI) has a higher volatility of 19.42% compared to Bank of America Corporation (BAC) at 6.54%. This indicates that PERI's price experiences larger fluctuations and is considered to be riskier than BAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PERI	BAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.42%	6.54%	+12.88%
Volatility (6M) Calculated over the trailing 6-month period	28.50%	16.12%	+12.38%
Volatility (1Y) Calculated over the trailing 1-year period	38.78%	21.33%	+17.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.71%	26.85%	+26.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.86%	30.69%	+28.17%

Dividends

PERI vs. BAC - Dividend Comparison

PERI has not paid dividends to shareholders, while BAC's dividend yield for the trailing twelve months is around 2.10%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BAC Bank of America Corporation	2.10%	1.96%	2.28%	2.73%	2.60%	1.75%	2.38%	1.87%	2.19%	1.32%	1.13%	1.19%
PERI Perion Network Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

PERI vs. BAC - Profitability Comparison

The chart below illustrates the profitability comparison between Perion Network Ltd. and Bank of America Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

PERI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Perion Network Ltd. reported a gross profit of 27.36M and revenue of 90.37M. Therefore, the gross margin over that period was 30.3%.

BAC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bank of America Corporation reported a gross profit of 28.94B and revenue of 30.27B. Therefore, the gross margin over that period was 95.6%.

PERI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Perion Network Ltd. reported an operating income of -15.26M and revenue of 90.37M, resulting in an operating margin of -16.9%.

BAC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bank of America Corporation reported an operating income of 10.40B and revenue of 30.27B, resulting in an operating margin of 34.4%.

PERI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Perion Network Ltd. reported a net income of -10.00M and revenue of 90.37M, resulting in a net margin of -11.1%.

BAC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bank of America Corporation reported a net income of 8.58B and revenue of 30.27B, resulting in a net margin of 28.4%.

Frequently Asked Questions

Can I hold both PERI and BAC in my portfolio?

PERI and BAC have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PERI or BAC?

PERI has higher volatility (19.42%) compared to BAC (6.54%). In terms of maximum drawdown, PERI dropped -95.14% vs BAC's -93.10%.

Which has better risk-adjusted returns?

BAC currently has the higher Sharpe Ratio (1.02 vs -0.60), 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.