Biglari Holdings Inc

10-Year Study

BH.US · Consumer Cyclical · US · Common Stock

Executive Summary: Biglari Holdings Inc has compounded at 1.7% annually over the last 10 years, with a maximum drawdown of 83.7% and an annualized volatility of 52.3%.

1Y CAGR
+30.2%
3Y CAGR
+15.6%
5Y CAGR
+14.7%
10Y CAGR
+1.7%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
83.7%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.22
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.32
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
47.2%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2024 · +54.2%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2018 · -58.9%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
50%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202612.83.4-15.0-4.5————————-5.3%
2025-8.85.7-11.77.66.118.25.50.84.111.6-18.713.130.7%
2024-6.212.09.53.91.0-2.83.8-10.8-3.9-1.023.620.854.2%
202317.510.3-5.92.419.0-4.33.1-8.4-10.8-11.0-1.313.118.8%
2022-16.916.05.2-5.7-2.0-8.2-2.012.2-14.319.34.3-3.5-2.6%
20213.22.113.30.220.4-0.43.16.3-1.7-3.2-14.70.528.2%
2020-5.2-2.8-51.336.2-13.013.3-5.952.6-10.2-5.933.7-0.7-2.8%
201915.32.45.5-1.4-35.014.6-12.6-3.424.3-23.435.11.40.7%
2018-0.41.6-2.6-16.2-5.7-14.73.24.3-8.2-21.40.4-20.6-58.9%
2017-6.3-3.10.6-1.2-10.95.1-6.4-20.511.97.2-4.020.8-12.4%
2016———0.67.10.82.96.1-1.00.57.00.927.3%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 52.3%. The dominant macroeconomic risk driver is SHV.US, accounting for 25.8% of variance. Idiosyncratic stock-specific factors contribute 22.9%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110059.99030696103
2016-05-0110769.414224877695
2016-06-0110850.929373580297
2016-07-0111167.575372255877
2016-08-0111853.057241793704
2016-09-0111730.110606371822
2016-10-0111788.22041534793
2016-11-0112615.478112577262
2016-12-0112730.353941196909
2017-01-0111923.27326097317
2017-02-0111552.823228750472
2017-03-0111621.42508656949
2017-04-0111477.494353461792
2017-05-0110228.670169127792
2017-06-0110754.079691953444
2017-07-0110070.216019179465
2017-08-018010.546123248483
2017-09-018966.395985257863
2017-10-019616.095932837974
2017-11-019227.623789025882
2017-12-0111148.47580795838
2018-01-0111102.472209185627
2018-02-0111277.875053418651
2018-03-0110987.326008538108
2018-04-019207.713108644763
2018-05-018683.784578867318
2018-06-017404.561700712693
2018-07-017644.264662739143
2018-08-017971.939418909981
2018-09-017318.204067928752
2018-10-015750.44984659414
2018-11-015772.644565300293
2018-12-014583.411182990613
2019-01-015283.150132744594
2019-02-015407.844097839162
2019-03-015704.446247821387
2019-04-015622.527558778677
2019-05-013656.075481413537
2019-06-014191.169972401875
2019-07-013664.1462882157743
2019-08-013539.4523231212065
2019-09-014398.589707219377
2019-10-013368.7547592538863
2019-11-014551.935036461887
2019-12-014617.30857156001
2020-01-014377.60560953356
2020-02-014255.736426819775
2020-03-012074.1973481750088
2020-04-012824.3788404429743
2020-05-012456.753590601061
2020-06-012783.6212660916754
2020-07-012620.1874283463685
2020-08-013999.0847705086258
2020-09-013591.91256733575
2020-10-013380.4574291171302
2020-11-014519.651809252938
2020-12-014487.368582043989
2021-01-014630.22186244359
2021-02-014727.071544070439
2021-03-015357.401555325178
2021-04-015369.507765528535
2021-05-016463.5056275718125
2021-06-016435.257803763981
2021-07-016636.220893139693
2021-08-017055.902846856037
2021-09-016933.226583462028
2021-10-016708.051073679605
2021-11-015725.026805167092
2021-12-015753.274628974923
2022-01-014781.953030325653
2022-02-015545.854894157422
2022-03-015835.596858357744
2022-04-015503.886698785787
2022-05-015395.737887635806
2022-06-014951.439973172638
2022-07-014850.958428484782
2022-08-015442.145026748672
2022-09-014664.92633169321
2022-10-015566.838991843239
2022-11-015805.331332849354
2022-12-015601.139920752748
2023-01-016580.532326204255
2023-02-017255.655315211414
2023-03-016827.902554692831
2023-04-016989.318690737578
2023-05-018314.141627324845
2023-06-017955.3942649653945
2023-07-018198.32554971274
2023-08-017505.850326080772
2023-09-016698.769645857033
2023-10-015963.115605833094
2023-11-015884.42523951128
2023-12-016655.5908294650635
2024-01-016241.5584405102845
2024-02-016989.722231077691
2024-03-017654.35317124194
2024-04-017954.183643945059
2024-05-018030.04922788609
2024-06-017803.663097083331
2024-07-018101.072327745778
2024-08-017222.968547662352
2024-09-016941.297390264266
2024-10-016872.695532445249
2024-11-018491.69937697407
2024-12-0110261.627308704728
2025-01-019362.539430935483
2025-02-019891.580816822145
2025-03-018738.262524782422
2025-04-019398.85806154555
2025-05-019973.09596552474
2025-06-0111791.852278408936
2025-07-0112441.955766329158
2025-08-0112544.858553057686
2025-09-0113060.583107720653
2025-10-0114580.316028581954
2025-11-0111860.454136227956
2025-12-0113414.891526338877
2026-01-0115133.973375215439
2026-02-0115648.487308858072
2026-03-0113300.286069747104
2026-04-0112707.081769782655
Annual Return Matrix
YearAnnual Return
2017-0.12426034189979474
2018-0.5888755322302688
20190.007395668251452658
2020-0.028141933228456595
20210.2821043165467625
2022-0.026443150732973097
20230.18825648414985596
20240.5418056145031225
20250.30728695583782306
2026-0.05276298769665799
Total Factor Risk
0.5228278912011282
VTI.US Exposure
0.14935491752906263
VEA.US Exposure
0.12350867195379593
VWO.US Exposure
0.0009430856222967687
QQQ.US Exposure
-0.03131776076962323
VTV.US Exposure
-0.007927542117953993
IJR.US Exposure
0.0966987220739126
QUAL.US Exposure
0.004943015007692332
SHV.US Exposure
0.2584601312110902
TLT.US Exposure
-0.003775042603752584
LQD.US Exposure
0.013756350834784695
HYG.US Exposure
0.003234111573100089
GLD.US Exposure
0.024891926298979766
USO.US Exposure
-0.0002960039124304594
VNQ.US Exposure
0.021324992506904544
BTC-USD.CC Exposure
-0.0022365993337896996
CPER.US Exposure
0.007941045003667867
VIX.INDX Exposure
0.002353979942354671
UUP.US Exposure
0.08671179267177652
TIP.US Exposure
0.02248482004386421
Idiosyncratic Exposure
0.22894538646426715
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
52.3%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$1.0B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-9.3%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-6.7%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
34.0% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.71
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Biglari Holdings Inc a high-risk investment?

Biglari Holdings Inc (BH.US) has an annualized volatility of 52.3% and experienced a maximum drawdown of 83.7% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of BH.US?

Over the past 10 years, BH.US has generated a Compound Annual Growth Rate (CAGR) of 1.7%. It has had a positive return in 50% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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