ULBI vs. CBAT

Last updated Jul 14, 2026

ULBI (Ultralife Corporation) and CBAT (CBAK Energy Technology, Inc.) are both stocks. Both operate in the Electrical Equipment & Parts industry within the Industrials sector. At a 0.20 correlation, their price movements are largely independent.

Performance

ULBI vs. CBAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ultralife Corporation (ULBI) and CBAK Energy Technology, Inc. (CBAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ULBI

• 1D: -3.25%
• 1M: -13.98%
• 6M: -9.58%
• YTD: -1.05%
• 1Y: -34.34%
• 3Y*: 4.25%
• 5Y*: -7.53%
• 10Y*: 1.52%

CBAT

• 1D: -1.42%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ULBI vs. CBAT - Yearly Performance Comparison

	2026 (YTD)
ULBI Ultralife Corporation	-6.14%
CBAT CBAK Energy Technology, Inc.	-13.79%

Correlation

The correlation between ULBI and CBAT is 0.20, 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	0.20

Fundamentals

Market Cap ULBI : $94.28M CBAT : $44.32M
EPS ULBI : -$0.49 CBAT : -$0.10
PS Ratio ULBI : 0.50 CBAT : 0.23
PB Ratio ULBI : 0.73 CBAT : 0.00
Total Revenue (TTM) ULBI : $187.86M CBAT : $195.19M
Gross Profit (TTM) ULBI : $43.39M CBAT : $18.42M
EBITDA (TTM) ULBI : $6.73M CBAT : -$18.44M

Return for Risk

ULBI vs. CBAT — Risk / Return Rank

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

ULBI

ULBI Risk / Return Rank: 17
ULBI Sharpe Ratio Rank: 17
ULBI Sortino Ratio Rank: 19
ULBI Omega Ratio Rank: 20
ULBI Calmar Ratio Rank: 14
ULBI Martin Ratio Rank: 17

CBAT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

ULBI vs. CBAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ultralife Corporation (ULBI) and CBAK Energy Technology, Inc. (CBAT). 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.

	ULBI	CBAT	Difference
Sharpe ratio: Return per unit of total volatility	-0.61	—	—
Sortino ratio: Return per unit of downside risk	-0.65	—	—
Omega ratio: Gain probability vs. loss probability	0.92	—	—
Calmar ratio: Return relative to maximum drawdown	-0.77	—	—
Martin ratio: Return relative to average drawdown	-1.18	—	—

Drawdowns

ULBI vs. CBAT - Drawdown Comparison

The maximum ULBI drawdown since its inception was -92.90%, which is greater than CBAT's maximum drawdown of -17.42%. Use the drawdown chart below to compare losses from any high point for ULBI and CBAT.

Drawdown Indicators

	ULBI	CBAT	Difference
Max Drawdown Largest peak-to-trough decline	-92.90%	-17.42%	-75.48%
Max Drawdown (1Y) Largest decline over 1 year	-44.69%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-68.83%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-68.83%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-68.83%	—	—
Current Drawdown Current decline from peak	-76.90%	-17.42%	-59.48%
Average Drawdown Average peak-to-trough decline	-63.51%	-10.35%	-53.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.05%	—	—

Volatility

Volatility by Period

	ULBI	CBAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	41.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	56.32%	71.91%	-15.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.05%	71.91%	-12.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.37%	71.91%	-17.54%

Dividends

ULBI vs. CBAT - Dividend Comparison

Neither ULBI nor CBAT has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ULBI and CBAT in my portfolio?

ULBI and CBAT have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.