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AA vs. MP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between AA and MP is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.4

Performance

AA vs. MP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alcoa Corporation (AA) and MP Materials Corp. (MP). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
-5.52%
18.36%
AA
MP

Key characteristics

Sharpe Ratio

AA:

0.29

MP:

-0.21

Sortino Ratio

AA:

0.76

MP:

0.09

Omega Ratio

AA:

1.09

MP:

1.01

Calmar Ratio

AA:

0.20

MP:

-0.15

Martin Ratio

AA:

0.89

MP:

-0.47

Ulcer Index

AA:

16.07%

MP:

25.46%

Daily Std Dev

AA:

48.72%

MP:

57.37%

Max Drawdown

AA:

-90.90%

MP:

-81.99%

Current Drawdown

AA:

-60.31%

MP:

-72.23%

Fundamentals

Market Cap

AA:

$9.93B

MP:

$3.00B

EPS

AA:

-$1.56

MP:

-$0.52

Total Revenue (TTM)

AA:

$10.93B

MP:

$184.07M

Gross Profit (TTM)

AA:

-$10.37B

MP:

$68.88M

EBITDA (TTM)

AA:

$641.00M

MP:

$12.57M

Returns By Period

In the year-to-date period, AA achieves a 8.98% return, which is significantly higher than MP's -18.49% return.


AA

YTD

8.98%

1M

-19.69%

6M

-5.52%

1Y

20.89%

5Y*

12.29%

10Y*

N/A

MP

YTD

-18.49%

1M

-10.21%

6M

18.36%

1Y

-10.90%

5Y*

N/A

10Y*

N/A

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Risk-Adjusted Performance

AA vs. MP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Alcoa Corporation (AA) and MP Materials Corp. (MP). 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.


Sharpe ratio
The chart of Sharpe ratio for AA, currently valued at 0.29, compared to the broader market-4.00-2.000.002.000.29-0.21
The chart of Sortino ratio for AA, currently valued at 0.76, compared to the broader market-4.00-2.000.002.004.000.760.09
The chart of Omega ratio for AA, currently valued at 1.09, compared to the broader market0.501.001.502.001.091.01
The chart of Calmar ratio for AA, currently valued at 0.20, compared to the broader market0.002.004.006.000.20-0.15
The chart of Martin ratio for AA, currently valued at 0.89, compared to the broader market0.0010.0020.000.89-0.47
AA
MP

The current AA Sharpe Ratio is 0.29, which is higher than the MP Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of AA and MP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.29
-0.21
AA
MP

Dividends

AA vs. MP - Dividend Comparison

AA's dividend yield for the trailing twelve months is around 1.09%, while MP has not paid dividends to shareholders.


TTM20232022202120202019201820172016
AA
Alcoa Corporation
1.09%1.18%0.88%0.17%0.00%0.00%0.00%0.00%0.32%
MP
MP Materials Corp.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

AA vs. MP - Drawdown Comparison

The maximum AA drawdown since its inception was -90.90%, which is greater than MP's maximum drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for AA and MP. For additional features, visit the drawdowns tool.


-80.00%-70.00%-60.00%-50.00%JulyAugustSeptemberOctoberNovemberDecember
-60.31%
-72.23%
AA
MP

Volatility

AA vs. MP - Volatility Comparison

The current volatility for Alcoa Corporation (AA) is 11.26%, while MP Materials Corp. (MP) has a volatility of 21.90%. This indicates that AA experiences smaller price fluctuations and is considered to be less risky than MP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%12.00%14.00%16.00%18.00%20.00%22.00%JulyAugustSeptemberOctoberNovemberDecember
11.26%
21.90%
AA
MP

Financials

AA vs. MP - Financials Comparison

This section allows you to compare key financial metrics between Alcoa Corporation and MP Materials Corp.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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