CBATVSCMSA• 28 Days (Normalized)

CBAT vs CMSA (CBAK Energy Technology Limited vs CMS Energy Corporation 5.625% Junior Subordinated Notes due 2078)

Showing Closing Date Range from Sep 11 to Oct 9, 2026.

Normalized cumulative comparison anchored at 0.00% baseline to illustrate pure alpha, return divergence, and market momentum.

CBAT Performance $1.05
+5%
CBAK Energy Technology Limited
Normalized Baseline0.00%
CMSA Performance $19.14
-0.08%
CMS Energy Corporation 5.625% Junior Subordinated Notes due 2078
Normalized Baseline0.00%
Alpha Spread Margin CBAT LEADS
+5.08 pts
CBAT outperforming by 5.08 percentage points
CBATCMSA
Spread Trajectory28 Days (Normalized)

Cumulative Performance Trajectory

Interactive divergence comparison normalized at 0.00% on start date.

CBAT CMSA

Comparative Historical Ledger

Daily closing prices, normalized percentages, and relative spread divergence.

Historical Quotes & Breakdown(20 dates)
DateCBAT PriceCBAT Gain (%)CMSA PriceCMSA Gain (%)Spread
Oct 09, 2026$1.05+5.00% $19.14-0.08% +5.08%
Oct 08, 2026$1.05+5.00% $19.03-0.65% +5.65%
Oct 07, 2026$1.05+5.00% $19.00-0.81% +5.81%
Oct 06, 2026$1.19+19.00% $19.32+0.86% +18.14%
Oct 05, 2026$1.31+31.00% $19.48+1.70% +29.30%
Oct 02, 2026$1.39+39.00% $19.43+1.44% +37.56%
Oct 01, 2026$1.34+34.00% $19.36+1.07% +32.93%
Sep 30, 2026$1.33+33.00% $19.05-0.55% +33.55%
Sep 29, 2026$1.23+23.00% $18.93-1.17% +24.17%
Sep 28, 2026$1.13+13.00% $19.16+0.00% +13.00%
Sep 25, 2026$1.25+25.00% $--
Sep 23, 2026$1.46+46.00% $--
Sep 22, 2026$1.29+29.00% $--
Sep 21, 2026$1.16+16.00% $--
Sep 18, 2026$1.10+10.00% $--
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