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ELWS vs BKHA

Comparison between Earlyworks Co Ltd (ELWS, Company) and Black Hawk Acquisition Corp - Class A (BKHA, Company).

ELWS is from the Technology sector, while BKHA is from the Financial Services sector.

ELWS vs BKHA - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
Winner
ELWS
$58M
BKHA
$58M
Max Drawdown
ELWS
91.33%
Winner
BKHA
10.38%
Sharpe Ratio
Winner
ELWS
1.11
BKHA
0.51
5Y Beta
ELWS
N/A
BKHA
0.02
Industry
ELWS
Software - Application
BKHA
Shell Companies
P/E Ratio
Winner
ELWS
-32.47
BKHA
122.87
Debt to Equity
ELWS
66.28%
Winner
BKHA
2.98%
Free Cash Flow Yield
ELWS
-2.31%
Winner
BKHA
-0.74%
P/B Ratio
ELWS
N/A
BKHA
2.41

ELWS vs BKHA - Historical Returns

Returns include dividend reinvestment.

1M
ELWS
-38.64%
Winner
BKHA
-1.43%
3M
ELWS
-46.45%
Winner
BKHA
+1.03%
6M
ELWS
-45.14%
Winner
BKHA
+2.09%
1Y
Winner
ELWS
+54.17%
BKHA
+6.73%
Max(CAGR)
ELWS
-41.03%
Winner
BKHA
+6.96%

ELWS vs BKHA - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

YearELWSBKHA
2026-43.25%+4.36%
2025+134.60%+8.38%
2024-26.11%+2.47%
2023-82.53%N/A

ELWS vs BKHA Drawdown Comparison

The maximum drawdown for ELWS was -91.33%, occurring on Aug 12, 2024. This drawdown has not yet recovered.

The maximum drawdown for BKHA was -10.38%, occurring on Jul 23, 2026. This drawdown has not yet recovered.

The current ELWS drawdown is -79.44%. The current BKHA drawdown is -10.38%.

RankELWSBKHA
#1-91.33%
Jul 25, 2023 - Aug 12, 2024
-10.38%
Jul 22, 2026 - Jul 23, 2026
#2N/A-5.44%
Jul 14, 2025 - Oct 24, 2025
#3N/A-4.08%
Jan 15, 2026 - May 1, 2026
#4N/A-3.36%
Oct 24, 2025 - Jan 15, 2026
#5N/A-2.01%
May 1, 2026 - Jun 17, 2026
#6N/A-1.89%
Jun 18, 2026 - Jul 22, 2026
#7N/A-1.67%
Jun 23, 2025 - Jul 14, 2025
#8N/A-0.67%
Jan 27, 2025 - Mar 6, 2025
#9N/A-0.58%
Nov 7, 2024 - Jan 7, 2025
#10N/A-0.38%
Jun 11, 2025 - Jun 23, 2025
#11N/A-0.35%
May 30, 2024 - Jun 6, 2024
#12N/A-0.30%
Jun 21, 2024 - Jul 25, 2024
#13N/A-0.28%
Apr 10, 2025 - May 5, 2025
#14N/A-0.20%
May 13, 2024 - May 30, 2024
#15N/A-0.20%
Sep 13, 2024 - Sep 23, 2024

Correlation

Correlation between ELWS and BKHA is 0.80 which considered as a strong positive correlation - the stocks tend to move together.

0.80
-101

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